James B. Steinberg
Former Brookings Expert
“The 21st century has revalued these small geographies. That’s what the 21st century demands,” Katz said, noting that these days, “[w]e aren’t innovating in isolated business parks” in the suburbs.
Erie has long tarried with the hope that leaders would “bring jobs” to the area. Katz suggested Erie’s regeneration, after decades of devastating industrial job losses, must start locally with the creation of new businesses that grow until Erie becomes the kind of place big companies come to — not because they are lured by big government incentives — but because they have to be here in order to compete.
Erdoğan clearly has a strong personal interest in [Reza] Zarrab’s case, as he has raised it at the highest levels of both the Obama and Trump administrations. U.S. judicial proceedings could also hurt the Turkish economy. Since much of Erdoğan’s popularity resulted from his successful economic reforms, his domestic political support would be undermined by a downturn.