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WARC (December 11)

2017/ 12/ 13 by jd in Global News

“While China’s slowdown will continue to influence the economic landscape for other Asian markets – many marketers have seen budgets cut – bright spots are emerging, particular as India’s ‘mainstream’ consumer demographic continues to grow at pace.” Now expected to outpace China, India looks poised to add more mainstream consumers than China over the coming decade.

 

Gizmodo (December 11)

2017/ 12/ 12 by jd in Global News

“Over the past year, Australia released an estimated 140 metric tons of carbon dioxide equivalent in greenhouse gases,” excluding unreliable estimates for land use-related emissions. This marks a new record for down under and places Australia as one of “the worst polluters per capita among countries in its class.”

 

The Economist (December 9)

2017/ 12/ 11 by jd in Global News

“Under President Jacob Zuma, the state is failing. Contracts are awarded through bribes and connections; ruling-party members murder each other over lucrative government jobs; crooks operate with impunity.” South Africa’s “people deserve better” than the Zuma corruption or his wife who now seeks to replace him as President. “The rainbow nation still has the potential to be a beacon of prosperity and good governance in Africa, but memories of its hopeful birth are a melancholy counterpoint to its dark present. The best chance for recovering that optimism is a victory for Mr Ramaphosa.”

 

Investment Week (December 9)

2017/ 12/ 10 by jd in Global News

“The industry has been gripped by fears of an impending market correction for some time now and debating what could cause a pullback, but talk may have been premature as global equity markets continue to hit fresh record highs into the latter stages of 2017.” UK wealth managers have been “more downbeat than their global peers” due to domestic issues like “negotiating Brexit and the potential for a Labour win if another snap General Election is called.”

 

Washington Post (December 7)

2017/ 12/ 09 by jd in Global News

Moving the embassy to Jerusalem could have been used “as a leverage for peace.” Instead, Donald Trump “used it to smash crockery in the region,” which “pretty well summarizes the Trump Doctrine.” Any so called successes “have been things Trump has undone (the Paris climate accord, the Trans-Pacific Partnership) or is in the process of undoing (the Iran nuclear deal, NAFTA). Relations have soured with Britain, continental Europe and countries from Mexico to Australia.” Meanwhile, Russia is gaining power and “the terrorist threat is decentralizing rather than dissipating.”

 

LA Times (December 6)

2017/ 12/ 08 by jd in Global News

“What should make Southern California fearful is that climate change could mean a future of more frequent and more intense wildfires. Today’s fires will end, and what we do afterward—assessing how to better prepare, and how and whether to rebuild—will influence the damage from the fires next time.”

 

Bloomberg (December 6)

2017/ 12/ 07 by jd in Global News

“Every bull market is unique, but the one in China right now looks downright strange. The Shanghai Composite Index has climbed 24 percent from its January 2016 low, and yet a majority of stocks in the benchmark gauge have fallen during the period.” China has become a global outlier. “For all 45 of the other national equity gauges that have climbed at least 20 percent since last January, a majority of index members have recorded gains.”

 

Industry Week (December 4)

2017/ 12/ 06 by jd in Global News

“Investments in electric cars may soon begin to do to the transportation sector what wind and solar have done to the power sector: turn the pollution curve upside down. The price of battery packs has been plummeting by about 8 percent a year, according to Bloomberg New Energy Finance, and electric cars are now projected to become cheaper, more reliable, and more convenient than their gasoline-powered equivalents around the world by the mid-2020s.”

 

Wall Street Journal (December 4)

2017/ 12/ 05 by jd in Global News

As “Trump and Wilbur Ross tee up tariff brawls for the New Year,” the odds of a “coming aluminum war” increase. “Dumping investigations usually start when a company petitions the government,” but for the first time in 25 years “the Commerce Department last week announced a “dumping” investigation into Chinese aluminum imports.” The government initiated case is just “one more sign that the Trump Administration is heading toward a major escalation in trade conflict that would hurt Americans.”

 

New York Times (December 4)

2017/ 12/ 04 by jd in Global News

“No sooner had Britons found some sorely needed trans-Atlantic cheer in the engagement of their prince charming to an American actress than President Trump dashed it all with his baffling retweet of vile anti-Muslim propaganda from a British neo-fascist group.” Britain reacted to this “slap in the face…with rare all-but-unanimous fury, with members of Parliament denouncing the president as stupid, racist and even fascist.”

 

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