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December 2019
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CNN (December 31)

2019/ 12/ 31 by jd in Global News

If Carlos Ghosn “couldn’t leave his Tokyo apartment to buy a carton of milk without someone knowing about it, how on earth did he just manage to flee the country?”


Wall Street Journal (December 28)

2019/ 12/ 30 by jd in Global News

PG&E was a “plodding utility” virtually “wired to fail.” As a result, it “has sparked deadly fires and pipeline explosions, left millions of Californians in the dark and gone bankrupt twice in less than 15 years.”


Financial Times (December 27)

2019/ 12/ 29 by jd in Global News

“Japan is on the brink of crossing a long-feared demographic lines where the indigenous population will be shrinking at the rate of one person per minute.”


Newsweek (December 27)

2019/ 12/ 28 by jd in Global News

Potential antibiotics discovered in novel places like seabeds, roundworms or even the nose are bringing “hope to the fight against antimicrobial or antibiotic resistance, the growing ability of infectious and sometimes lethal bacteria to survive drug treatment.”


Barron’s (December 27)

2019/ 12/ 27 by jd in Global News

“Megatrends, like aging and climate change, are forcing governments to take care of themselves, understanding there are going to be massive challenges. As a result, we’re starting to see the peak of globalization, meaning limits to the movement of free capital, goods, money, services, and knowledge.”


Bloomberg (December 24)

2019/ 12/ 26 by jd in Global News

“It’s getting harder and harder to rely on numbers provided by the auto industry, whether we’re talking emissions figures or financial performance.” An investigation into BMW delivered the latest blow to trust. “The possible scenario is that retailers sold cars to themselves, thereby inflating BMW’s monthly sales figures, then marketed them as nearly new at a discount.”


Washington Post (December 23)

2019/ 12/ 25 by jd in Global News

“India’s protests should be regarded as a moment of truth for Modi…. Rather than respond with force and epithets, as he has so far, Mr. Modi would do well to abandon this misguided project of Hindu nationalism…. Mr. Modi’s methods of trying to silence the protests by closing streets and Internet connections will serve only to undermine India’s democracy.”


CNN (December 23)

2019/ 12/ 24 by jd in Global News

“The Trump administration is hiding something…. The problem, of course, is that we may not know what the Trump administration is covering up until it is too late—until this administration is long gone, or until it is too late to fix the damage.”


New York Times (December 21)

2019/ 12/ 23 by jd in Global News

The Twenty-Teens have “been fundamentally shaped by the technological creations of the young, in the form of social media and mobile apps; by the mass migrations of the young, from Africa and the Middle East to Europe and from Latin America to the U.S.; by the diseases of the (mostly) young, notably addiction and mental illness; and by the moral convictions of the young, from the #MeToo and Black Lives Matter movements in the U.S. to mass demonstrations from Cairo to Hong Kong.”


Market Watch (December 21)

2019/ 12/ 22 by jd in Global News

So far the Dow Jones Industrial Average (DJIA) is up 22% in 2019. Since 1950, the average has climbed about “75% of the time, with an average return of about 8.9% in the following year, when it finishes the previous year with a return of at least 20%…. For the S&P 500 and Nasdaq Composite indexes, the gains tend to be even richer than those of their blue-chip counterpart.”


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