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Ekathimerini (August 19)

2018/ 08/ 20 by jd in Global News

“Greece’s formal exit from the bailout program does not mean that the country has reached the end of an era and is turning over a brand-new leaf.” During the next phase, Greece will require “even more determination and discipline to meet stringent targets and push through more reforms that will help it get back on its feet.”

 

The Guardian (August 9)

2018/ 08/ 10 by jd in Global News

“The era of low interest rates will last for at least another 20 years, despite gently rising official borrowing costs in the coming years, one of the Bank of England’s leading policymakers has forecast.” Outgoing monetary policy committee (MPC) member Ian McCafferty said that “structural changes in the global economy meant UK borrowers and savers should get used to interest rates being “significantly” below the 5% average in the 10 years leading up to the financial crisis.”

 

The Economist (April 14)

2018/ 04/ 16 by jd in Global News

“Germany is entering a new era. It is becoming more diverse, open, informal and hip.” As the Merkel era draws to a close, “many of the country’s defining traits—its ethnic and cultural homogeneity, conformist and conservative society, and unwillingness to punch its weight in international diplomacy—are suddenly in flux.”

 

Wall Street Journal (October 7)

2014/ 10/ 07 by jd in Global News

“The fourth major era of computing” is leaving mainframes, PCs and the Web further behind. “The mobile era began this summer, as there are now more mobile users than desktop users, with 1.8 billion surfing the Web on their smartphones. Having a personal computer in your pocket is changing the tech world because, unlike a computer, a smartphone is always there when you need it.”

 

Wall Street Journal (July 15)

2013/ 07/ 17 by jd in Global News

“India’s state-run telephone company delivered its last telegram on Sunday. We are told an era is ending, as if mankind’s desire to communicate isn’t ageless.” For 163 years, telegrams served a purpose in India, but e-mail, SMS and Twitter are increasingly filling the need. Bharat Sanchar Nigam Limited had been losing approximately $23 million annually on telegrams since volume dropped to 5,000 daily “from 160,000-odd before smart phones and email.” In the U.S., Western Union eliminated telegrams in 2006 for similar reasons. Ironically, the short Twitter format of “140 characters pushes the limits of verbosity in a telegram,” but of course at greater speed and zero cost.

 

New York Times (May 26)

2010/ 05/ 27 by jd in Global News

Marking the end of an era, Apple became the most valued technology company in the world. At a market valuation of $222 billion, Apple surpassed long-time leader Microsoft by about one billion dollars. Microsoft continues to dominate desktops, PCs and business applications, but market growth now centers on in-hand mobility. The New York Times states this “heralds an important cultural shift: Consumer tastes have overtaken the needs of business as the leading force shaping technology.”

Marking the end of an era, Apple became the most valued technology company in the world. At a market valuation of $222 billion, Apple surpassed long-time leader Microsoft by about one billion dollars. Microsoft continues to dominate desktops, PCs and business applications, but market growth now centers on in-hand mobility. The New York Times states this “heralds an important cultural shift: Consumer tastes have overtaken the needs of business as the leading force shaping technology.”

 

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