Globalization has brought many economic benefits to the world but needs a “course correction” to address growing inequality, US President Barack Obama said Wednesday on his European farewell tour.
“The global path of globalization demands a course correction,” Obama said in a speech in Greece, before continuing his journey to Berlin.
He added that inequality in the global economy “now constitutes one of the greatest challenges to our economies and to our democracies,” he said.
On his final voyage abroad, the outgoing president has repeatedly referred to the anger that lately brought success to populist movements in Europe and the United States, such as the Brexit referendum and Donald Trump’s surprise election.
“The impulse to pull back from a globalized world is understandable… but given the nature of technology it is my assertion that it’s not possible to cut ourselves off from one another,” Obama said.
— AFP
We can't do this work alone.
The war with Iran has been draining for all of us in Israel. But when I heard about a high casualty incident – ballistic missile impacts in Arad and Dimona that left nearly 200 people wounded – I drank a cup of coffee, packed a bag, and headed south.
There, I spoke with Shilgit, the head of an after-school program for underprivileged youth. Standing outside her destroyed center, Shilgit said it was a miracle that no children were hurt and spoke about the community coming together in the hours since.
As a Times of Israel reporter, I’m committed to telling stories of resilience like Shilgit’s. But my colleagues and I can't do this alone. If you value work like this, please consider joining our reader support group, The Times of Israel Community. Your financial support is essential to keep real human reporting like this going.
— Stav Levaton, military reporter
Yes, I'll join
Yes, I'll join
Already a member? Sign in to stop seeing this
You're a dedicated reader
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you,
David Horovitz, Founding Editor of The Times of Israel
Join Our Community
Join Our Community
Already a member? Sign in to stop seeing this
From 
