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Reuters (April 25)

2023/ 04/ 26 by jd in Global News

The U.S. “standoff over the debt ceiling is a white swan, or an entirely predictable, very frequent event that has the potential to be as catastrophic as its darker sibling.” Arriving at the “deadline without a congressional fix would lead to a calamitous default,” which could “exacerbate the very risks that sparked last month’s bank failures.”

 

Investment Week (March 13)

2023/ 03/ 14 by jd in Global News

“The Parker Review has revealed targets to improve the ethnic diversity of the boards of FTSE 350 and the 50 largest private companies in the UK, with a deadline set for December 2027.” While the committee feels the progress being made with the FTSE 350 is satisfactory, it believes “equal access to board positions needs to be matched by actions across all levels in business.”

 

Investment Week (October 20)

2020/ 10/ 22 by jd in Global News

“The UK’s credit rating has been downgraded by Moody’s amid a looming economic hit from the coronavirus pandemic and the forthcoming Brexit deadline.” The UK’s sovereign debt status dropped “one notch to Aa3, from Aa2,” with the ratings agency “noting that Britain’s growth has been meaningfully weaker than expected and is likely to remain so in the future.”

 

The Guardian (August 29)

2019/ 08/ 30 by jd in Global News

“There is plenty of constitutional outcry on the front pages of the British papers today, which all lead with Boris Johnson’s decision to suspend parliament ahead of the looming Brexit deadline. Front pages from abroad show the international press is transfixed too.”

 

Washington Examiner (December 20)

2018/ 12/ 22 by jd in Global News

“It’s beginning to look a lot like a government shutdown.” With little to motivate either side to budge, “looking at where things stand ahead of a midnight Friday deadline, all signs are pointing to a partial government shutdown.”

 

Oil Price.com (October 18)

2018/ 10/ 20 by jd in Global News

“An estimated 20 million barrels are destined to flow from Iran to China over the next few weeks, up from the usual 1 to 3 million barrels each month.” The Trump administration is unlikely to halt Iranian oil. Furtive shipments from Iran to India” also “demonstrate the limits of U.S. power.” Even after the November 4 deadline, “discounts, off-the-books shipments, bartering and other clandestine maneuvers should keep some Iranian oil flowing.” The deals are simply too “hard to pass up for would-be buyers.”

 

Fortune (July 24)

2017/ 07/ 26 by jd in Global News

Thousands of business jets “could soon be grounded” throwing a massive wrench in the “business aviation industry—which employs 1.2 million people and contributes $150 billion to U.S. economic output…but there’s little chance the FAA will extend the deadline” to install ADS-B transmitters that communicate flight data. Potentially, “more than 17,000” of 26,700 business jets could be “grounded on the first day of 2020.”

 

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