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May 2021
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Mercury News (May 12)

2021/ 05/ 14 by jd in Global News

“From Mexico to far-flung Argentina, thousands of Latin Americans are booking flights to the United States to take advantage of one of the world’s most successful vaccination campaigns, as rollouts in their own countries sputter.” The increased demand is evident. “Flight prices from Mexico to the United States have risen an average of 30%-40% since mid-March.”


New York Times (May 12)

2021/ 05/ 13 by jd in Global News

“Pressing ahead with the Olympics risks drinking poison to quench our thirst for sport. The possibility of a superspreader catastrophe is not worth it for an optional sporting spectacle. It’s time to cancel the Tokyo Olympics.”


Chicago Tribune (May 11)

2021/ 05/ 12 by jd in Global News

“COVID-19 vaccines finally are headed for more kids as U.S. regulators Monday expanded use of Pfizer’s shot to those as young as 12, sparking a race to protect middle and high school students before they head back to class in the fall.”


Reuters (May 11)

2021/ 05/ 11 by jd in Global News

“Many net zero targets have three shortcomings: incomplete disclosure, confusing terminology, and problems with offsets. Companies serious about net zero targets should include not just so-called Scope 1 and 2 emissions, produced when they make their products, but also Scope 3, created when customers use those products.”


San Francisco Chronicle (May 9)

2021/ 05/ 10 by jd in Global News

“As much as the Warriors’ Stephen Curry and Draymond Green would love to compete for Team USA, with Steve Kerr an assistant on coach Gregg Popovich’s staff, they can’t even begin to imagine what it might be like, in Japan, with the coronavirus pandemic still raging worldwide….
The IOC should be more than merely concerned about the developments of Saturday, when Japan registered more than 7,000 new COVID-19 cases, the country’s highest total since January, due to a rapidly spreading fourth wave driven by more contagious and deadlier variants of the virus.”


The Economist (May 8)

2021/ 05/ 09 by jd in Global News

“India’s national government looks increasingly hapless. Confronted with catastrophe, the state has melted away” leaving citizens enraged. “Indians are accustomed to ineptitude and meagre support,” but “it is a sense of utter abandonment, especially among the politically noisy middle class, that is driving the anger.”


WARC (May 6)

2021/ 05/ 08 by jd in Global News

With plunging online sales, “Adidas and Nike are the latest western brands to feel the effects of China’s attacks on companies that criticize reported human rights abuses against Uyghurs in the country’s Xinjiang region.” There have also been calls for boycotts of H&M, Burberry and Uniqlo. “The reaction highlights the tension foreign brands face between speaking out, on the one hand, as their domestic customers increasingly demand, and, on the other, risking commercial damage by offending Beijing.”


Wall Street Journal (May 5)

2021/ 05/ 07 by jd in Global News

“Berkshire Hathaway Inc. is trading at more than $421,000 per Class A share, and the market is optimistic. That’s a problem.” The share price “has nearly hit the maximum number that can be stored in one common way exchange computers handle digits.” Nasdaq Inc.’s system tops out at $429,496.7295 and had to suspend “broadcasting prices for Class A shares of Berkshire over several popular data feeds.” Nasdaq says a fix is in the works for later this month.


Washington Post (May 5)

2021/ 05/ 06 by jd in Global News

“Now Japan faces its very worst fear: flopping on the world stage.” In COVID-19 vaccinations, this “nation famed for first-world logistical competence is running dead last among the 37 members of the Organization for Economic Cooperation and Development…. This dismal performance isn’t just imperiling the Olympics — or the world’s third-biggest economy. It’s challenging basic notions about whether Japan can change at all.”


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.”


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