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December 2020
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Reuters (December 30)

2020/ 12/ 31 by jd in Global News

““China’s gravy train will bypass Wall Street,” where the “easiest money from selling Chinese shares in New York is destined to fade.” Given renewed protectionism, global investment banks will also find it more challenging “to use their international networks to help companies find acquisition targets abroad…. It will be a harder slog for less money as the China gravy train makes fewer stops on Wall Street.”


San Francisco Chronicle (December 30)

2020/ 12/ 30 by jd in Global News

“With hospitals across California at capacity and COVID-19 cases skyrocketing, the state has become the epicenter of the nation’s latest coronavirus surge despite aggressive measures to restrict movement and save hospital space.” On Monday, California hit a new record of 66,811 fresh cases. “As of Wednesday, California reported 99.3 coronavirus cases per 100,000 people over the past seven days, far exceeding all other states.”


Washington Post (December 28)

2020/ 12/ 29 by jd in Global News

“Despite weeks of increases in coronavirus cases and hospitalizations, U.S. air travel hit a pandemic record this weekend as Americans crisscrossed the country for the holidays — a sign, some public health experts warn, that yet another surge could be on the horizon.”


New York Times (December 28)

2020/ 12/ 28 by jd in Global News

“Joe Biden takes climate change seriously. His administration’s staffing shows how seriously the incoming president takes this issue.”


Chicago Tribune (December 27)

2020/ 12/ 27 by jd in Global News

“But a new year is upon us. Let us allow a sliver of optimism to carry us into 2021, a year that deserves its own chance — and perspective. Because whatever challenges it has in store, this moment in history can still be embraced as a best time to be alive.”


Wall Street Journal (December 25)

2020/ 12/ 26 by jd in Global News

Japan has decided to ban sales of gasoline-powered cards. The nation’s “move capped a year in which major economies around the world competed to outdo each other in setting targets for renewable energy and electric cars. That has added pressure on global auto makers to hasten their transition away from gasoline-powered vehicles, although for now many are getting their profits from U.S. consumers hungry for gasoline-powered trucks and sport-utility vehicles.”


The Guardian (December 24)

2020/ 12/ 25 by jd in Global News

“The Brexit deal itself is nothing but thin gruel. It will make it much harder for Britain to sell services to EU countries, where we were once advantaged. Britons will lose their right to freely travel, work and settle in other European countries. While there will be no tariffs or restrictions on the quantity of goods that can be sold, British exports will for the first time in decades face checks on their origins and compliance with EU regulations.”


The Economist (December 21)

2020/ 12/ 24 by jd in Global News

“The two big stories in Britain in 2020, Brexit and covid-19, have developed in parallel, without having much impact on each other.” For the grand finale, the two storylines are uniting. “The emergence of a new variant of the covid-19 virus… has led many countries in Europe and beyond to ban entry from Britain, just as the negotiations over a post-Brexit trade deal between Britain and the European Union go into their final days.” Covid-19 and Brexit have dramatically “combined to isolate Britain.”


Chicago Tribune (December 21)

2020/ 12/ 23 by jd in Global News

“Even as the first vaccine shots begin to roll out to health care workers, doctors and nurses say they are struggling to make it through the pandemic’s darkest surge yet, in an atmosphere some describe as bordering on exhaustion.” The staff shortage is now “nationwide, to the point that Illinois’ staffing woes seem merely average by comparison. In California, Wisconsin and Virginia, around 30% of hospitals are reporting critical staffing shortages. It’s closer to 40% in Arizona and Missouri.”


Economic Times (December 21)

2020/ 12/ 22 by jd in Global News

“The United Kingdom has endured in one form or another for hundreds of years but between Brexit and the coronavirus, the country is creaking and some suggest it may be on the verge of breaking up entirely.”


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