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Financial Times (September 28)

2023/ 09/ 30 by jd in Global News

“Another tediously pointless, economically debilitating and teeth-gratingly stupid US government shutdown is looming. Goldman Sachs now reckons that there is now a 90 per cent chance it starts this Sunday.”

 

Forbes (April 5)

2022/ 04/ 07 by jd in Global News

“Deutsche Bank on Tuesday became the first major bank on Wall Street to forecast a recession next year, albeit a ‘moderate’ one, thanks to the combination of surging inflation and rising interest rates.” Expectations are increasing for “a possible economic downturn on the horizon, with alarms growing louder after the widely-observed yield curve inverted last week and indicated a looming recession.”

 

The Economist (February 19)

2022/ 02/ 21 by jd in Global News

“With the candour that has wrong-footed Mr Putin, many Western security officials accused him of lying, redoubling their warnings of a looming Russian invasion. Even if the troops pull back, this crisis is not yet over. And, whatever happens, war or no war, Mr Putin has damaged his country by engineering it.”

 

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 Times (January 21)

2020/ 01/ 22 by jd in Global News

“While China and Japan are facing increasingly acute problems of ageing societies, it is actually Europe that is grappling with a looming ‘demographic bomb.’”

 

Forbes (November 16)

2018/ 11/ 17 by jd in Global News

“The looming prospect of no-deal Brexit is already spooking markets. Sterling tanked today, and the cost of CDS protection on U.K. government debt rose. Shares in Britain’s state-owned bank RBS fell by 9%.”

 

Chicago Tribune (February 7)

2018/ 02/ 09 by jd in Global News

A shadow is hanging over the Olympiad, which “is set against the looming menace posed by one of the world’s most dangerous regimes — North Korea. Whether Pyongyang and the U.S. continue to trade threats of nuclear destruction is a challenge for politicians, diplomats and military strategists.”

 

South China Morning Post (June 27)

2016/ 06/ 28 by jd in Global News

“Thanks to Brexit, a new global financial crash is looming. More vulnerable economies risk slipping back into recession and deflation will continue to get the upper hand.”

 

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