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Fortune (June 7)

2018/ 06/ 09 by jd in Global News

“As the problem of plastic waste around the world has gotten worse, many countries and companies have begun to ban single-use plastic items.” Ikea has added momentum to this movement. Ikea announced “it will stop selling single-use plastic products in its stores and remove them from its restaurants by 2020.” This ties into the retailer’s larger sustainability vision. Ikea seeks “to become ‘planet positive’ by 2030, and aims to purchase 100% renewable energy by 2020, achieve zero emissions on deliveries by 2025 and start using only renewable and recycled materials in its products.”

 

Taipei Times (February 8)

2018/ 02/ 10 by jd in Global News

“Tuesday night’s earthquake off the coast of Hualien County has again raised the issue of human fragility in the face of the power of nature and how the geological conditions that exist in Taiwan need to be respected.” Although “nuclear power is a relatively clean source of energy,” any benefits “could be wiped out overnight should a nuclear disaster happen, especially given the proximity of two of the three operational plants to the capital and within the nation’s most-populated area.”

 

Newsweek (March 27)

2017/ 03/ 27 by jd in Global News

“By almost any measure, last week was a disastrous week for President Donald Trump. Truth seemed to be catching up with the president, but he hasn’t fessed up. Trump’s “disconnection from the truth continues apace…. At this point it’s still a race to see how long the public and dogged reporters will have the energy to keep up at this pace.”

 

Bloomberg (December 24)

2016/ 12/ 25 by jd in Global News

“Some climate activists worry that Donald Trump’s presidential election will be the death knell for the global environment. That’s almost certainly untrue. Whatever Trump’s attitude toward climate science and energy policy, two big outside factors will be much more important — technological progress and policy in developing nations.

 

Institutional Investor (June 1)

2016/ 06/ 02 by jd in Global News

Nearly a decade after the financial crisis, financial institutions still face challenges. However, the “savvy” ones are simplifying their structures and realizing efficiency gains. “For the past nine years, investments have poured into regulatory compliance and reporting initiatives. The rapid development of disruptive technologies such as robotics and artificial intelligence is helping firms automate many of those processes and redirect their energy toward growth activities. Big data, analytics and digital technology shed light on what they do best—and most profitably—and enhance the customer experience.”

 

Bloomberg (March 17)

2016/ 03/ 18 by jd in Global News

“Even with the dollar’s rally since 2014, U.S. manufacturing is benefiting from the world’s strongest rate of productivity, a flexible labor market, cheap energy and from having a big domestic market.” The lingering belief that it’s radically cheaper to move production to China is a misconception. “Labor costs adjusted for productivity in China are only 4 percent cheaper than in the U.S.”

 

Institutional Investor (March 16)

2016/ 03/ 18 by jd in Global News

All eyes are on the Federal Reserve. Not because anybody expects them to change interest rates at today’s meeting, but because everybody wants a glimpse of the future. “Concerns over volatility around the globe and fragility in some sectors, notably energy and industrials, suggest that the Fed may signal a moderation of the pace of tightening…. A slower path for rates seems plausible as core inflation appears to be manageable.”

 

Financial Times (December 21)

2015/ 12/ 21 by jd in Global News

“A surge of deals in the pharmaceuticals, energy and consumer sectors has pushed merger and acquisition activity to an all-time high, surpassing 2007’s peak — but dealmakers have admitted that bond market turmoil and geopolitical instability are their biggest worries for 2016.”

 

Wall Street Journal (November 25)

2015/ 11/ 27 by jd in Global News

In the U.S., “the pressure on corporate profits may last longer than expected.” Many have attributed the contraction in corporate profits to temporary trends, namely “the weakness in the commodities sector, which is ravaging profits at energy companies, and the strong dollar, which is putting pressure on multinationals.” Though reassuring, “the problem with those dismissals is that oil may not be done going down, and the dollar may not be done going up.”

 

Financial Times (May 19)

2015/ 05/ 19 by jd in Global News

“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.

 

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