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Star Tribune (February 21)

2022/ 02/ 23 by jd in Global News

Hit by higher costs for barley, a can shortage and soaring shipping costs, “even the world’s largest beer manufacturers are passing on their higher costs to consumers.” Up to now, “consumers have taken it in stride. Just as higher grocery bills are offset by dining out less, a bigger tab at liquor stores is being absorbed by a lack of travel and entertainment expenses.” Even so, there are worries we may be reaching a turning point where consumption will fall.

 

The Economist (February 25)

2017/ 02/ 27 by jd in Global News

“It is a turning-point for one of the world’s oddest industries…. The supply of new diamonds is expected to peak in the next few years, before beginning a slow decline.”

 

LA Times (October 6)

2016/ 10/ 08 by jd in Global News

“President Obama could be right in saying history may judge the ratification of the Paris Agreement as ‘a turning point for our planet.’ But if meaningful reductions in carbon emissions don’t follow, then history will judge this as the moment when the world acknowledged it had a problem, yet failed to fix it. The longer the world—and governments—dillydally, the more likely future generations will regard us as fools.”

 

Institutional Investor (December 8)

2015/ 12/ 09 by jd in Global News

“COP21 is an important turning point for the global economy and the financial markets that underpin it. Smart investors will not only examine the risks but also clearly appreciate the opportunities in this space, as our $100 trillion economy embarks upon a decarbonization trajectory over the next two generations.”

 

Wall Street Journal (May 7)

2015/ 05/ 07 by jd in Global News

As its economy slows, China is taking “tentative steps toward crucial financial reform.” These steps may leave some firms without the comfortable support of the Government’s safety net. “A few bankruptcies and defaults in recent months suggest that the bailout culture may give way to creative destruction. The year ahead should show whether China has reached a reform turning point.”

 

The Economist (July 27)

2013/ 07/ 28 by jd in Global News

“After a decade of surging growth, in which they led a global boom and then helped pull the world economy forwards in the face of the financial crisis, the emerging giants have slowed sharply.” This slowdown in emerging markets “is not the beginning of a bust. But it is a turning-point for the world economy.”

 

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