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EDITORIAL: Loan default risk is two-sided

Creditor banks’ decision not to extend a syndicated loan to a real-estate subsidiary of Ting Hsin International Group (頂新國際集團) might force them to face default risks, but it might also adversely affect the food conglomerate, which is embroiled in a series of food safety scandalsFULL STORY

China’s financial flexing bodes ill

By William Pesek

Thanks to China, IMF managing director Christine Lagarde, World Bank president Jim Yong Kim and Asian Development Bank (ADB) president Takehiko Nakao may no longer have much meaningful work to do. Beijing’s move to bail out Russia, on top of its recent aid for Venezuela andFULL STORY

The LIBERTY TIMES EDITORIAL: Local power critical to China ties

Mainland Affairs Council (MAC) Minister Wang Yu-chi (王郁琦) and Taipei Mayor Ko Wen-je (柯文哲) disagree over the so-called “1992 consensus.” To be fair, the central government holds the right to make decisions for cross-strait affairs, but the gains and losses in cross-strait affairs are relatedFULL STORY

Civic virtue key to more engagement for reform

By Su Yen-tu 蘇彥圖

At a recent press conference, a journalist asked me: “How would you convince an ordinary person busy making a living that constitutional reform is relevant to them?” This is indeed an important question. This time, constitutional reform requires more public attention and participation, but constitutionalFULL STORY

At home and work, black US cops on the defensive

By John Eligon and J. David Goodman

Dennis Shireff, a nearly 30-year police veteran, has never been shy about speaking out against what he saw as brutality and racism among his peers. While serving with the St Louis police, he was even suspended for saying that the department recruited too many “BillyFULL STORY

The productivity of trust between governments, private sectors

Nobel laureate economist Paul Krugman once said: “Canada is essentially closer to the United States than it is to itself.” After all, most of its citizens live in a narrow band along the more than 4,800km-long border. Most Canadians live closer to more Americans than theyFULL STORY

EDITORIAL: KMT muzzling freedom of the press2014-12-28

Freedom of the press and of expression are important checks on the government in a democracy, and the government should always strive to protect such rights — unfortunately, the Chinese Nationalist Party (KMT) and its government seem to not understand such a fundamental principle andFULL STORY

Ko might bear political sea change2014-12-28

By Wu Hui-lin 吳惠林

The results of the recent nine-in-one elections came as something of a shock to everyone in Taiwan. Much of the ensuing debate has centered upon the new Taipei Mayor Ko Wen-je (柯文哲) phenomenon, following Ko’s victory and the subsequent whirlwind he has created. After all, whatFULL STORY

Wealth gap fix requires tax reform2014-12-28

By Chien Hsi-chieh

After the Democratic Progressive Party’s (DPP) victory in the Nov. 29 elections, people are talking of another transition of political power in 2016. If things turn out that way, there is some cause for concern. While the Chinese Nationalist Party (KMT) favors big business excessively,FULL STORY

US should normalize ties with Taiwan2014-12-28

By Mark Kao 高龍榮

On Dec. 17, US President Barack Obama and Cuban President Raul Castro announced that the US and Cuba would normalize relations after 53 years. It was the end of one of the last vestiges of the Cold War. During this period, the US had isolated CubaFULL STORY

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