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Reuters (July 29)

2022/ 07/ 31 by jd in Global News

“The prospect of a U.S. recession could mean more pain for battered stocks, despite a recent rebound that has taken the benchmark index to its highest level in more than a month.” If the U.S. is indeed entering recession “history shows the rough ride stock investors have endured this year may get even bumpier.”

 

Reuters (May 27)

2022/ 05/ 29 by jd in Global News

Covid-related restrictions “have battered the world’s second-biggest economy even as most countries have been seeking to return to something like normal.” Although “China’s economy is now staggering back to its feet,” the recovery remains “grinding and partial… with businesses from retailers to chipmakers warning of slow sales as consumers in the country slam the brakes on spending.”

 

Bloomberg (May 24)

2022/ 05/ 24 by jd in Global News

“For decades, the surest way for ordinary Chinese families to grow their wealth and guarantee future financial stability was to put most of their money into real estate, and the rest into the stock market. Now, even those with money to spare are clutching onto their cash, not willing to take a chance in the Covid-battered Chinese economy.”

 

New York Times (October 28)

2014/ 10/ 28 by jd in Global News

“It is anyone’s guess how much more turmoil the Ukrainian people can take after they have watched their country battered, dismembered and bankrupted.” Nevertheless, Sunday’s elections “demonstrated that a large majority still support reform and a Westward course. At this critical juncture, it is imperative that the United States and European Union support them with immediate, tangible and generous support.”

 

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