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Bloomberg (May 29)

2021/ 05/ 31 by jd in Global News

The Asia-Pacific region “has gone from leader to laggard.” Until recently, APAC fared remarkably well at averting the worst of the pandemic. Now, in contrast, as “New York and London reopen, Singapore and Taipei are in semi-lockdown. Melbourne joined them this week. On May 24, the U.S. State Department added Japan to its ‘Level 4: Do Not Travel’ advisory list.” The “failure to get shots into arms fast enough has in some cases triggered swift and unexpected reversals of fortune that carry significant economic implications.”

 

Crain’s Chicago Business (May 4)

2021/ 05/ 05 by jd in Global News

CME’s last commodity trading pits “shut over a year ago because of COVID-19, and the exchange announced today that they won’t reopen.” CME “had already closed floor trading for most futures contracts in Chicago and New York in 2015 as open outcry had fallen to just 1% of total volumes. The options pits in Chicago, with history stretching back 173 years, were the exchange’s last bastion for old-school commodities floor traders.”

 

Wall Street Journal (December 17)

2020/ 12/ 19 by jd in Global News

“Who wins from Brexit? New York.” No matter how “current negotiations between the U.K. and EU end, U.S. swap exchanges stand to gain European business.”

 

CNN (November 7)

2020/ 11/ 07 by jd in Global News

“From New York to Miami in the East and Denver and Austin out West, Biden supporters flooded into the streets after CNN and other news organizations projected Biden as the winner Saturday morning, honking horns, cheering, dancing and popping champagne.”

 

Plain Dealer (September 3)

2020/ 09/ 04 by jd in Global News

“Greater Cleveland’s economy has been hit harder than most large metro areas across the country during the coronavirus crisis…. Just three of the 40 largest metro areas – New York, Las Vegas and Boston – have done worse in terms of job losses than Cleveland’s 12% decline from July 2019 to July 2020.”

 

San Francisco Chronicle (July 27)

2020/ 07/ 29 by jd in Global News

Half a year into the pandemic, a “role reversal of sorts” took places for the giants of the east and west coasts. “California passed New York with the most coronavirus cases in the United States. That grim convergence occurred as the nation reached its own dark milestone: 4 million reported cases. California, as of Sunday, has about 452,000 cases, to New York’s 412,000.” With about 425,000 cases, Florida has also passed the Big Apple.

 

Washington Post (July 7)

2020/ 07/ 09 by jd in Global News

“As the nation faces a pandemic, financial catastrophe and massive social justice protests, it is suddenly also confronting a spike in violence in some of its major cities. Tragedies struck in urban centers thousands of miles apart, with 65 people shot over the weekend in New York and 87 in Chicago, and homicides climbing from Miami to Milwaukee.” Shootings often rise in summer, but “the recent toll has been particularly devastating.”

 

New York Times (May 5)

2020/ 05/ 06 by jd in Global News

There are merits to “the distance learning the New York City school system instituted when the coronavirus pandemic hit…. I have been doing distance learning since March 23 and find that I am learning more, and with greater ease, than when I attended regular classes. I can work at my own pace without being interrupted by disruptive students and teachers who seem unable to manage them.”

 

BBC (December 6)

2019/ 12/ 08 by jd in Global News

Saudi Aramco, the state-owned oil giant, “raised a record $25.6bn (£19.4bn) in its initial public offering in Riyadh. The share sale was the biggest ever, surpassing that of China’s Alibaba which raised $25bn in 2014 in New York.” When trading begins, it will become “the most valuable listed company in the world,” valued at $1.7tn based on the IPO.

 

Time (October 16)

2019/ 10/ 17 by jd in Global News

“Fresh insight into the physical and emotional toll of ultra-long haul travel should emerge this weekend when Qantas Airways Ltd. flies direct from New York to Sydney. No airline has ever completed that route without stopping. At nearly 20 hours, it’s set to be the world’s longest flight, leaving the U.S. on Friday and landing in Australia during its Sunday morning.”

 

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