Washington Post (March 20)
“The proposed purchase of U.S. Steel by Japan’s Nippon Steel has done something few issues can do in Washington: forge a bipartisan consensus…. Members of both parties are absolutely molten about the prospects of a 123-year-old American manufacturer flying a Japanese flag.” They shouldn’t be. This is electioneering. “As long as the plant and the jobs there are protected, as Nippon Steel has promised, who owns it doesn’t really matter — unless you’re a politician.”
Tags: Bipartisan, Consensus, Electioneering, Japan, Jobs, Nippon Steel, Plant, Politician, Protected, Purchase, U.S. Steel, Washington
New York Times (October 1)
“As species disappear and the complex relationships between living things and systems become frayed and broken, the growing damage to the world’s biodiversity presents dire risks to human societies.” We are living through “one of the most explosive extinction episodes in history” with plant and animal extinction occurring “an estimated 1,000 times faster than natural rates.” Our course is unsustainable. “It is much less costly to protect and conserve nature than it is to restore it or suffer the consequences of its destruction.”
Tags: Animal, Biodiversity, Complex, Consequences, Conserve, Damage, Destruction, Disappear, Extinction, Plant, Protect, Relationships, Restore, Risks, Species
The Economist (February 9)
Foxconn is scaling back its plans to build a giant plant in Wisconsin. “At first glance, the Foxconn reversal confirms that American manufacturing is in trouble.” Other “recent wobbles” have included a Tennessee plant closing by Electrolux and Caterpillar’s disappointing results. “A closer look, however, suggests manufacturing is undergoing a revival, especially among agile smaller firms and those using advanced techniques.”
Tags: Caterpillar, Disappointing, Electrolux, Foxconn, Manufacturing, Plant, Revival, Tennessee, U.S., Wisconsin
The Guardian (October 1)
“British manufacturers are pulling back sharply on investment plans due to mounting uncertainty over Brexit and growing fears of a global trade war,” with only a third of firms planning to “to increase their investment in plant and machinery – a record low.”
Tags: Brexit, Fears, Global trade war, Investment plans, Machinery, Manufacturers, Plant, Pulling back, UK, Uncertainty
