Reuters (November 16)
“Restructuring a restructuring isn’t good news. Alibaba scrapped the spinoff of its prized cloud computing business, blaming U.S. curbs on advanced chips,” causing its shares over 10% lower. “The U-turn dashes market expectations of stability among technology companies after the end of Beijing’s years-long regulatory crackdown. The country’s weak economy and bad geopolitics mean the sector hasn’t yet hit a bottom.”
Tags: Alibaba, Beijing, China, Chips, Cloud computing, Economy, Geopolitics, Market expectations, Regulatory crackdown, Restructuring, Shares, Spinoff, Stability, Technology, U.S.
Financial Times (May 16)
“Japan’s Topix rose to its highest level in almost 33 years on Tuesday, boosted by a rally led by foreign investors. Buyers have been drawn to Tokyo stocks by potential improvements to corporate governance, a return to wage inflation and the perceived stability of the market compared with geopolitics-riven Chinese stocks.”
Tags: 33 years, Buyers, Corporate governance, Foreign investors, Japan, Market, Rally, Stability, Stocks, Tokyo, Topix, Wage inflation
New York Times (May 11)
The weak yen, coupled with soaring food and energy costs, “are posing yet another challenge for the world’s third-largest economy as Japan trails other major nations in emerging from the economic blow of the pandemic. The rise in prices has spooked Japanese consumers used to decades of stability, and the weak yen is starting to look as if it will depress demand at home more than stimulate it abroad.”
Tags: Challenge, Consumers, Costs, Economy, Energy, Food, Japan, Pandemic, Prices, Soaring, Spooked, Stability, Weak yen
Oil Price (March 10)
“While no one can say for certain what the trajectory of the Russian-Ukrainian conflict will be, the economic warfare that is going on alongside it is very likely to destroy the current global trading system.” A fix could take a while. It took roughly 75 years to regain “stability” and “interconnection,” after the “worldwide trading system” was last destroyed with the outbreak of World War 1.
Tags: Conflict, Destroy, Economic warfare, Global trading system, Interconnection, Russian-Ukrainian, Stability, Trajectory, WWI
Claims Journal (October 26)
The “COP26 climate talks in Glasgow starting next Sunday may be the world’s best last chance to cap global warming at the 1.5-2 degrees Celsius upper limit set out in the 2015 Paris Agreement. The stakes for the planet are huge – among them the impact on economic livelihoods the world over and the future stability of the global financial system.”
Tags: 1.5-2 degrees, Cap, Climate, COP26, Economic livelihoods, Financial system, Glasgow, Global warming, Last chance, Paris Agreement, Planet, Stability, Stakes
New York Times (October 22)
Recent reports released by the federal government make clear that “climate change poses a widening threat to national security.” The reports lay out “the ways in which the warming world is beginning to significantly challenge stability worldwide.” These include “Worsening conflict within and between nations. Increased dislocation and migration as people flee climate-fueled instability. Heightened military tension and uncertainty. Financial hazards.”
Tags: Climate change, Conflict, Dislocation, Government, Instability, Migration, Military, National security, Reports, Stability, Tension, Threat, U.S., Uncertainty, Worldwide
Reuters (November 20)
“The use of bitcoin for commercial payments has dropped dramatically this year, even as the original digital coin starts to fulfill one of the basic features of any payment currency: stability.” At this point, widespread use for payments looks like “a distant dream.”
Tags: Bitcoin, Commercial payments, Currency, Digital coin, Distant, Dropped, Features, Stability
Bloomberg (November 20)
“After 12 years in office that have made her Europe’s anchor of stability in times of crisis, Merkel failed to stitch together an alliance that’s never been tried at the national level. While the breakdown leaves her in charge as acting chancellor, the collapse may signal the limit of her pragmatic, non-ideological style of governing and leaves her options for staying in power for another four years dramatically narrowed.”
Tags: Alliance, Breakdown, Chancellor, Collapse, Crisis, Europe, Germany, Governing, Merkel, Non-ideological, Pragmatic, Stability
Financial Times (September 10)
“A week in China is enough to persuade anyone that the world has spun back to front. The benefits of immigration, the quest for fresh discoveries, the desire for education, the recognition of the benefits of stability, purpose and enterprise are flourishing in China at the very time that they are being maligned, belittled or ignored in the US by Donald Trump.”
Tags: Benefits, China, Desire, Discoveries, Education, Enterprise, Immigration, Stability, Trump, U.S.
LA Times (August 3)
“In reality, a grand bargain with China” is unrealistic for North Korea. It would be difficult for China to shut down Kim Jong Un. Moreover, a grand bargain would “destroy America’s global influence, making it impossible for Washington to maintain stability in strategic areas, particularly in Asia and Europe. Indeed, merely proposing an agreement of this sort would make the U.S. into a paper tiger and compromise American credibility in Asia and around the world.”
Tags: Asia, China, Europe, Grand bargain, Influence, Kim Jong Un, North Korea, Stability, Strategic