MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • UK prime minister say it is ‘clear’ Russia interfered in 2016 Brexit referendum

  • Mavericks and Rockets tie 1-1 in double-header in Macau

  • Gov’t opposes US human trafficking report

  • Criminality down 0.9%, but gaming and youth cases edge up

  • Gov’t GGR forecast unchanged despite four straight months fall

  • Faux CE website flagged by gov’t

World
Home›World›Obama calls for ‘course correction’ on globalization

Obama calls for ‘course correction’ on globalization

By -
Thursday, November 17, 2016
81
0
U.S. President Barack Obama

U.S. President Barack Obama

Pushing back against the forces of isolationism, President Barack Obama stood at the birthplace of democracy yesterday and declared it’s time for a “course correction” to ensure that the benefits of technology and globalization are more broadly shared.

Reducing inequality, he said, creates societies where people are “less likely to turn on each other, less likely to appeal to some of the darker forces” that tear people apart.

With the U.S. presidential election of Republican Donald Trump laying bare frustrations and dissatisfaction in America, Obama said the impulse to “pull back from a globalized world is understandable.” But he had this message to leaders and people around the globe: “We can’t look backward for answers, we have to look forward.”

“We cannot sever the connections that have enabled so much progress,” Obama said in a speech to the Greek people as he wrapped up the first leg of his final foreign tour as president. He then headed for Germany.

Obama cited both last week’s election of Trump and the June vote by Britain to leave the European Union as evidence of the inclination to pull back.

“The current path of globalization demands a course correction,” he said. “In the years and decades ahead, our countries have to make sure that the benefits of an integrated global economy are more broadly shared by more people and that the negative impacts are squarely addressed.”

“That’s how democracies can deliver the prosperity and hope that our people need,” Obama said.

Before Trump’s victory, Obama’s speech to the Greeks had been envisioned to be a capstone moment for his presidency, harking back to the origins of democracy as he expected to hand off to fellow Democrat Hillary Clinton. Instead, Obama’s legacy is in doubt as Trump prepares to take power and promises to undo much of the president’s agenda. Obama spoke out in defense of his agenda: the Iran-nuclear deal, a global climate change pact, establishing relations with Cuba and more.

“The next American president and I could not be more different,” Obama said. But, he said, “democracy is bigger than any one person.” He renewed his pledge to ensure a peaceful transition despite his differences with Trump.

Obama’s words are being watched closely by world leaders. They see parallels between Trump’s ascension and the rise of far-right and populist movements in their own countries amid continued economic anxiety.

Greek Prime Minister Alexis Tsipras won elections last year on what critics say was a populist platform, though one on the left of the political spectrum. He pushed his formerly small radical left party onto the forefront by telling Greeks weary from six years of financial crisis and falling living standards that he would reject austerity measures imposed in return for the country’s bailouts.

But after the near collapse of negotiations with Greece’s creditors — other European countries using the euro currency, and the International Monetary Fund — Tsipras performed a political about-face: He signed up to a new bailout and more austerity to prevent his country being forced out of the euro.

Before Obama’s speech, he toured Greece’s most famous ancient monument, the Acropolis citadel. Obama passed through the Propylaea, the monumental gateway that serves as an entrance to the site, and walked along the Parthenon temple, which is dedicated to the goddess Athena, considered the patron of Athens.

The U.S. president lingered at the base of the Parthenon, gazing at the columns and glancing around at the panoramic view of Athens as he chatted with his guide, Eleni Banou of the Culture Ministry’s antiquities division.

The 5th century B.C. temple is surrounded these days by scaffolding as part of a maintenance project. The entire site was closed to the public for the day for Obama’s visit, which has taken place amid stringent security measures. Demonstrations were banned in parts of Athens, and road and subway stations were shut down for the first official visit of a sitting U.S. president since Bill Clinton came in 1999.

Greece’s government hoped Obama would help persuade some of Greece’s more reluctant international creditors to grant debt relief, and pressure other European countries to share more of the burden of the continent’s refugee crisis.

Obama was receptive to Greece’s woes and repeated his belief that debt relief is necessary. He said Greece must continue putting in place painful reforms it signed up to in return for successive international bailouts. It is questionable how much of this stance will also be adopted by Trump.

Greece is struggling to deal with hundreds of thousands of refugees who have crossed Greece’s borders on their way to more prosperous European countries. A reluctance by many other EU countries to host refugees has left more than 60,000 people stranded in Greece. Many are living in poor conditions in massively overcrowded camps.

Obama said the Greeks cannot be expected to bear the bulk of the burden on their own. It demands “a truly collective response by Europe and the world,” he said.

Obama’s next stop on his final foreign tour is Germany, followed by Peru. Elena Becatoros & Josh Lederman, Athens, AP

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Print (Opens in new window) Print

Like this:

Like Loading…

Related

Previous Article

European Union | Commission warns Italy, several ...

Next Article

Indonesia | Police name Jakarta governor as ...

Related articles More from author

  • World

    Offbeat | Judge: Andy Warhol didn’t violate Prince picture copyright

    Wednesday, July 3, 2019
    By -
  • World

    World’s highest-paid expats toil in land of fondue and watches

    Tuesday, January 3, 2017
    By -
  • World

    This Day in History | 1952 Charlie Chaplin comes home

    Wednesday, September 23, 2020
    By -
  • World

    Offbeat | For sale: Century-old cards of Ty Cobb, Cy Young

    Tuesday, September 2, 2014
    By -
  • World

    Russia | Putin thanks Trump for CIA warning that thwarted bomb plot

    Tuesday, December 19, 2017
    By -
  • World

    This Day in History: 1975 New laws to end battle of the sexes

    Monday, December 29, 2014
    By -

Leave a reply Cancel reply

You must be logged in to post a comment.

  • China

    Digital Minister: Taiwan to guard privacy

  • Macau

    Veteran Hong Kong lawyer departs following meeting with security police

  • Macau

    Logistics costs stand in way of local MICE industry

DAILY EDITION

Monday, October 12, 2026 – edition no. 5052
Monday, October 12, 2026 – edition no. 5052

Greater Bay

MDT MACAU GRAND PRIX SPECIAL

October 2026
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  
« Sep    

Timeline

  • Monday, October 12, 2026

    UK prime minister say it is ‘clear’ Russia interfered in 2016 Brexit referendum

  • Monday, October 12, 2026

    Mavericks and Rockets tie 1-1 in double-header in Macau

  • Monday, October 12, 2026

    Gov’t opposes US human trafficking report

  • Monday, October 12, 2026

    Criminality down 0.9%, but gaming and youth cases edge up

  • Monday, October 12, 2026

    Gov’t GGR forecast unchanged despite four straight months fall

  • Monday, October 12, 2026

    Faux CE website flagged by gov’t

  • Monday, October 12, 2026

    The taxi system needs accountability

  • Monday, October 12, 2026

    Over 1,000 requests per month push for new mental health station

  • Monday, October 12, 2026

    Macau to add pickleball, expand sports classes to Hengqin next year

  • Monday, October 12, 2026

    Sharp rise in red-light running, failure to give way

Extra Times

Extra TimesTaste of Edesia

Hawker Hawker welcomes St. Regis Chengdu’s executive Chinese chef Mike Li for an exclusive ‘Savor ...

This autumn, Hawker Hawker at W Macau invites discerning diners on a culinary journey to China’s spice-loving heartland with a limited-time guest-chef collaboration featuring Executive Chinese Chef Mike Li of ...
  • ‘Digger,’ a Dr. Strangelove for the climate change era

    By MDT/AP
    Friday, October 9, 2026
  • The Time Ritual : Your Time, Your Way

    By -
    Friday, October 9, 2026
  • A culinary dialogue: Chef Homan Tsui and Chef Chang Longshan reunite in MGM Macau

    By Irene Sam, MDT
    Friday, September 25, 2026
  • In ‘Primetime,’ a sinister shift in media, with a dazzling Robert Pattinson

    By MDT/AP
    Friday, September 25, 2026
  • Recent

  • Popular

  • UK prime minister say it is ‘clear’ Russia interfered in 2016 Brexit referendum

    By MDT/AP
    Monday, October 12, 2026
  • Mavericks and Rockets tie 1-1 in double-header in Macau

    By -
    Monday, October 12, 2026
  • Gov’t opposes US human trafficking report

    By Times Reporter
    Monday, October 12, 2026
  • Criminality down 0.9%, but gaming and youth cases edge up

    By Yuki Lei, MDT
    Monday, October 12, 2026
  • Gov’t GGR forecast unchanged despite four straight months fall

    By Yuki Lei, MDT
    Monday, October 12, 2026
  • Faux CE website flagged by gov’t

    By Ricaela Diputado, MDT
    Monday, October 12, 2026
  • The taxi system needs accountability

    By Renato Marques, MDT
    Monday, October 12, 2026
  • Canidrome may have its days numbered, decision in ‘one or two months’

    By Paulo Coutinho, MDT
    Thursday, May 26, 2016
  • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

    By -
    Wednesday, May 4, 2016
  • Editorial | Canidoomed

    By Paulo Coutinho, MDT
    Wednesday, June 1, 2016
  • Animal Welfare | Canidrome presented with ultimatum: close or move

    By Daniel Beitler, MDT
    Friday, July 22, 2016
  • Australia regulator cracks down on alleged exportation of dogs to Macau

    By Paulo Coutinho, MDT
    Friday, June 10, 2016
  • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

    By Catarina Pinto
    Monday, July 6, 2015
  • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

    By Daniel Beitler, MDT
    Friday, May 27, 2016
  • Contact our Administrator
  • Contact our Editor-in-Chief
  • Contacts
  • Our Team
  • Privacy Policy
  • Terms and Conditions
  • Editorial Statute
  • Code of Ethics
COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
MACAU DAILY TIMES
  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Loading Comments...

You must be logged in to post a comment.

%d