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Houston Chronicle (December 2)

2021/ 12/ 03 by jd in Global News

Twenty years on, “Enron remains a cautionary tale of corporate hubris and fraud. It’s lessons still carry weight, especially as Theranos founder and CEO Elizabeth Holmes stands trial, accused of defrauding investors and patients about the viability and accuracy of its medical testing technology.”

 

Wall Street Journal (December 3)

2021/ 12/ 03 by jd in Global News

“Wages are going gangbusters in the U.S.—elsewhere, not so much.” In Australia and Japan, “pay growth remains anemic… despite labor shortages.” Nor do wages appear to be rapidly accelerating in Europe, all of which is “easing pressure on their central banks to raise interest rates.”

 

Reuters (December 2)

2021/ 12/ 02 by jd in Global News

“The good news is that drugmakers are already increasing their manufacturing capacity, which should reduce vaccine hoarding.” Moderna, J&J, AstraZeneca and Pfizer “are expected to produce 12 billion doses between them next year, enough to give two jabs to 75% of the world’s population.” The bad news is “getting shots into arms is a bigger challenge. Many developing countries lack the trained staff to administer doses, or the kit and infrastructure to ship them in the right conditions.”

 

USA Today (November 30)

2021/ 12/ 01 by jd in Global News

“People are in for an anxious couple of weeks as data is collected, patient records are scoured, hospitalizations are tracked and blood samples are tested. Only then will we know whether this is another delta variant, fast-moving and highly contagious, or something like a gamma, which appeared, sputtered out and quickly disappeared.”

 

New York Times (November 29)

2021/ 11/ 30 by jd in Global News

“The recent market turmoil shows how dependent the economy is on the path of the pandemic, and how quickly sentiment can change with every twist and turn in our understanding of the virus.”

 

The Economist (November 27)

2021/ 11/ 29 by jd in Global News

The EU is currently “recording nearly a quarter of a million cases a day,” its highest levels ever, and the WHO has warned “that 700,000 more Europeans could die by March.” Eventually, “covid-19 will probably settle down as a seasonal disease, a lethal threat to the elderly and the poor in health, but to everyone else mostly a nuisance. However, as Europe is discovering, getting there will be perilous.”

 

Bloomberg (November 26)

2021/ 11/ 28 by jd in Global News

“China’s economy continued to slow in November with car and homes sales dropping again as the housing market crisis dragged on.” While numbers for eight early indicators “stayed unchanged, under the surface there was a further deterioration in some of the real-time economic data.”

 

The Guardian (November 26)

2021/ 11/ 27 by jd in Global News

“The world’s major central banks are scratching their heads over how to deal with the rising cost of living. Raising interest rates now could deal a blow to the post-pandemic recovery. Wait too long, and inflation may spiral out of control.”

 

Foreign Policy (November 24)

2021/ 11/ 26 by jd in Global News

“The pro-business Free Democratic Party is about to wield power in Berlin, thanks to the country’s youngest voters—but doesn’t yet know what it wants.” Whether the voters will ultimately “regret their choice is an open question. All of the party’s appeals to philosophical traditions and grand concepts have left more open questions than concrete approaches to governing,” but skyrocketing COVID-19 cases will increase the urgency to produce “concrete proposals for governance.”

 

Los Angeles Times (November 23)

2021/ 11/ 25 by jd in Global News

“L.A.’s infamous Thanksgiving traffic gridlock” is “expected to return with vengeance” after taking 2020 off for Covid. “An estimated 3.8 million Southern Californians will be driving to their holiday destinations — up 9% from last year and only 1% less than in 2019, according to the Automobile Club of Southern California.”

 

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