South China Morning Post (March 1)
“Hong Kong residents are waiting up to 39 hours for an ambulance as the health care system struggles to keep up with an escalating wave of Covid-19 cases, with the delay up by as much as 50 per cent in just two days.”
Tags: 39 hours, Ambulance, COVID-19, Delay, Escalating, Health care, Hong Kong, Residents, Struggles, Waiting, Wave
New York Times (April 28)
“Delaying the Tokyo Games by a year already poses enormous economic, political and logistical challenges, including whether Japan can hope to recoup its $10 billion investment.” Without a vaccine, however, a 2021 “timeline may be optimistic.”
Tags: Challenges, Delay, Economic, Investment, Japan, Logistical, Optimistic, Political, Recoup, Timeline, Tokyo, Vaccine
Financial Times (May 16)
By delaying any decision to impose car tariffs by 6 months, “President Donald Trump has dodged an immediate collision with the EU and Japan on trade.” While expected, “the move means that the US has avoided blowing up trade relations with the EU and Japan amid an escalation of its dispute with China.”
Tags: Car tariffs, China, Collision, Delay, Dispute, Escalation, EU, Japan, Trade, Trump
Bloomberg (March 13)
“Whatever happens on March 29—a no-deal Brexit, a delay to the departure or some kind of agreement—the U.K. faces a slow but steady erosion to its position as the European center of looking after other people’s money….. However Brexit plays out, the U.K. fund management industry will be a long-term loser from the fallout.”
Chicago Tribune (September 19)
“Teenagers are increasingly delaying activities that had long been seen as rites of passage into adulthood…. The percentage of adolescents in the U.S. who have a driver’s license, who have tried alcohol, who date, and who work for pay has plummeted since 1976, with the most precipitous decreases in the past decade.” The larger story may be that youths have less interest in these actives “because in today’s society, they no longer need to.”
Tags: Adolescents, Adulthood, Alcohol, Dating, Delay, Drive:, Rites of passage, Teenagers, U.S., Work Society
Reuters (August 22)
Deflation “has hobbled Japan’s economy for nearly two decades, bedevilling policymakers despite drastic measures aimed at engineering a sustainable recovery.” For the sixth time, the Bank of Japan (BoJ) has delayed its 2% inflation target. This time until March 2020. Still, two-thirds of respondents in an August 1-16 Reuters Corporate Survey “saw the inflation goal as unrealistic,” with many of their responses further illustrating the complexities involved in overcoming deflation.
Tags: BOJ, Complexities, Deflation, Delay, Economy, Hobbled, Inflation, Japan, Policymakers, Recovery, Respondents, Survey, Unrealistic
Bloomberg (March 21)
The so-called skyscraper curse has claimed another victim. “After almost seven years of planning and 4 trillion won ($3.6 billion) in spending, the conglomerate is preparing to unwrap its Lotte World Tower to the public.” Like other skyscrapers planned in the best of times, this unveiling is taking place amid challenging times as South Korea “is being pummeled by concurrent political and economic crises.” Morevoer, “the debut couldn’t come at a worse time for Lotte…. The empire’s 94-year-old founder and three of his children face corruption charges, and its stores are at the epicenter of Chinese consumer retaliation for a U.S. missile-defense system being installed on land it provided.” Making things even worse, an elevator glitch has delayed the grand opening by two weeks.
Tags: China, Corruption, Crises, Delay, Elevator, Founder, Lotte World Tower, Missile defense, Planning, Retaliation, Skyscraper curse, South Korea, U.S., Victim
Financial Times (May 19)
“More than $100bn of spending on new projects by the world’s energy companies has been slowed, postponed or axed following the oil price plunge, evidence of the drastic industry action that will curb output in coming years.” The revisions affect 26 major projects worldwide and, taken as a whole, will “delay future production” by up to 1.5 million barrels a day, the equivalent of nearly 2% of global oil production in 2013.
Tags: Delay, Drastic, Energy, New projects, Oil, Output, Postponed, Production, Spending
