Reuters (October 2)
“Tensions between the West and China are rising, from tit-for-tat trade tariffs to tech rivalry and spying allegations. The ramifications for global markets are significant, with Washington and Beijing’s determination to loosen dependence on each other fraying long-established supply chains. That could help keep inflation and interest rates elevated. Still, there are gains for emerging nations and tech giants on the right side of the power battle.”
Tags: China, Dependence, Emerging nations, Fraying, Global markets, Inflation, Interest rates, Ramifications, Rising, Spying, Supply chains, Tech rivalry, Tensions, Tit-for-tat, Trade tariffs, West
Wall Street Journal (August 18)
“A fraying electric grid is a nationwide problem,” with estimates suggesting over $700 billion “will need to be spent to replace aging transmission lines and maintain grid reliability” as 60% of “U.S. distribution lines have surpassed their 50-year life expectancy” and the “average age of large power transformers is 40 years, twice their planned life span.” Meanwhile, “grid upgrades to achieve the net-zero promised land” are estimated to “cost another $2.5 trillion by 2050.”
Tags: $2.5 trillion, 2050, Aging, Electric grid, Fraying, Grid reliability, Life expectancy, Nationwide problem, Net-zero, Power transformers, Transmission lines, U.S., Upgrades
Reuters (October 12)
“Nerves are fraying in the Brexit talks, negotiators are trying to work out if the other side is bluffing about walking away, and a ticking clock is fast narrowing British options come March 2019.”
