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Oilprice.com (December 26)

2022/ 12/ 27 by jd in Global News

“Although the EU embargo and the EU-G7 price cap on Russian crude oil at $60 per barrel didn’t immediately roil the oil market – although traders were concerned about a possible demand hit from slowing economies – uncertainty is growing over how the bans on Russian imports will affect supply balances over the next few months.”

 

Bloomberg (June 15)

2020/ 06/ 16 by jd in Global News

With the U.S. and China poised for a “Great Decoupling,” many American “executives worry they will be shut out of what remains the world’s most promising market. The more the U.S. blocks the export of components like semiconductors and jet engines to China, and imposes tough sanctions on anyone who violates such bans, the more it will force not just Chinese companies to stop buying American components but those from third countries aiming to sell to China.”

 

Wall Street Journal (March 18)

2020/ 03/ 20 by jd in Global News

“The coronavirus pandemic is devastating global travel, causing business to evaporate and forcing companies to slash payroll in what’s shaping up to be the biggest test the modern travel industry has ever faced.” Travel bans today’s other issues are different from the financial crisis. They “can’t be overcome with cheaper fares or clever marketing.” Moreover, “the crisis could permanently reshape attitudes toward travel, fundamentally changing the landscape for hotels, airlines and cruise companies, and the millions of smaller businesses that make up the industry.”

 

Washington Post (October 2)

2017/ 10/ 03 by jd in Global News

“America has no monopoly on evil or sick people, yet it loses far more people to gun violence. Other countries — notably Australia following a mass shooting in 1996 — have demonstrated the possibility of bans on assault weapons and other common-sense restrictions. What makes America unique is the absence of political will and leadership.”

 

Chicago Tribune (March 31)

2014/ 04/ 01 by jd in Global News

Ride share services like Lyft, Uber X and Sidecar are changing the way people get around urban environments like Chicago. “Consumers like ride shares. They like being able to find a nearby car, check out the driver and agree to a fare, all on their smartphones. They like the option of paying a premium for faster service in peak hours or bad weather. They like choices.” In contrast, taxi owners are unhappy with the new competition and pushing for tighter regulation or outright bans on ride sharing. Some prudent regulation is inevitable and desirable, but lawmakers should side with consumers rather than protecting “the people who got into the taxi business by paying $300,000 or more for a city medallion.”

 

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