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South China Morning Post (July 30)

2019/ 07/ 31 by jd in Global News

“Prime Hong Kong office rents have seemed to defy the laws of gravity, especially in Central where monthly rents have increased from HK$20 (US$2.56) per square foot in 2003 to almost HK$140 per square foot. In the first quarter, rents were up 6 per cent from a year ago due to supply shortages. Nevertheless we believe that the potential for further core returns is limited, as we are late in the real estate cycle.”


Washington Post (July 29)

2019/ 07/ 30 by jd in Global News

“Once again America woke up to news of a mass shooting. This time, it was at a popular food festival in California and among those killed was a 6-year-old boy, Stephen Romero, who had been playing at an inflatable bounce house when he was shot in the back.” Three died and twelve were injured. “It took just one horrific shooting spree in New Zealand to prompt leaders there to tighten gun laws, including a ban on most semiautomatic weapons. And so the question persists: “Why?”


The Economist (July 27)

2019/ 07/ 29 by jd in Global News

“The eyes of the world will be upon Japan next summer when Tokyo hosts the Olympics…. The country is not accustomed to being centre stage. Its response betrays its insecurities, not least because Japan is no longer the leader in technology it was when it last hosted the summer Olympics, in 1964.”


Bloomberg (July 27)

2019/ 07/ 28 by jd in Global News

With over 300 million vehicles, China’s fleet is the world’s largest and the impact will be increasingly felt worldwide. “Secondhand car exports are starting modestly and the country will take time to catch up to more established players.” Still, it’s clear that “China will have more used cars to sell than anybody and its export business will inevitably grow into the world’s biggest.” This will place pressure on new vehicle sales as well. “Global automakers might want to strap on their seatbelts.”


The Guardian (July 26)

2019/ 07/ 27 by jd in Global News

“The political sphere, so dull and grey a few years ago, is now populated by preposterous exhibitionists. This trend is not confined to the UK – everywhere the killer clowns are taking over. Boris Johnson, Nigel Farage, Donald Trump, Narendra Modi, Jair Bolsonaro, Scott Morrison, Rodrigo Duterte, Matteo Salvini, Recep Tayyip Erdoğan, Viktor Orbán and a host of other ludicrous strongmen – or weakmen, as they so often turn out to be – dominate nations that would once have laughed them off stage. The question is why? Why are the technocrats who held sway almost everywhere a few years ago giving way to extravagant buffoons?”


Deutsche Welle (July 24)

2019/ 07/ 26 by jd in Global News

“A record high temperature in Germany is forecast to stand for only a day as Europe’s second summer heat wave bites. Ships have been stranded, rail travelers urged to delay trips and tigers fed chicken ice blocks.” With much of Europe, Germany is sweltering in the record heat wave.


Financial Times (July 23)

2019/ 07/ 25 by jd in Global News

“Computer algorithms encoded with human values will increasingly determine the jobs we land, the romantic matches we make, the bank loans we receive and the people we kill, intentionally with military drones or accidentally with self-driving cars.” The way those human values are embedded “will be one of the most important forces shaping our century. Yet no one has agreed what those values should be” and the “debate now risks becoming entangled in geo-technological rivalry between the US and China.”


New York Times (July 23)

2019/ 07/ 24 by jd in Global News

“Boris Johnson, to whom lying comes as easily as breathing, is on the verge of becoming prime minister. He faces the most complex and intractable political crisis to affect Britain since 1945…. His premiership could bring about the end of Britain itself.”


Washington Post (July 23)

2019/ 07/ 23 by jd in Global News

Tomorrow Boris Johnson may get “the chance to prove that the manure in Britain smells different” than in the EU. “He has vowed to push forward Brexit, break free of the tyranny of the European Union and lead a liberated Britain to its former global greatness. His supporters are willing to look beyond a cringeworthy record of gaffes, sordid peccadilloes and soft bigotry. Most analysts, though, reckon that he is in for a rude awakening.”


The Times of India (July 22)

2019/ 07/ 23 by jd in Global News

“After a technical delay, all of India followed the most recent launch of Chandrayaan-2. “Just like the World Cup, people were glued to TV sets to watch the launch of India’s second moon mission” and Lok Sabha, India’s Parliament, “paused during the House debate on Monday afternoon” to recognize the successful launch.


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