Bloomberg (December 18)
“The U.S. launched yet another broadside at China’s technological ambitions this week by blacklisting more than 60 Chinese companies…. While the action will be painful, over the longer term it could be a shot in the arm.” The restrictions may very well “help make China great again.” Under this “massive pressure, Chinese tech giants finally have an incentive to use and improve local suppliers.”
Tags: Ambitions, Blacklisting, Broadside, China, Incentive, Painful, Pressure, Restrictions, Suppliers, Tech giants, U.S.
New York Times (December 18)
“Rising Covid-19 cases are taking a steep toll on economic activity, battering the labor market even as new vaccines offer a ray of hope for next year.” After dropping earlier in autumn, jobless claims “have moved higher, and they remain at levels that dwarf the pace of past recessions.” New restrictions are hammering “the hospitality industry, lodging, airlines and other service businesses…. Until mass inoculations begin next year, the economy will remain under pressure.”
Tags: Airlines, Battering, COVID-19, Economic activity, Hope, Hospitality, Jobless claims, Labor market, Lodging, Recessions, Restrictions, Toll, Vaccines
Wall Street Journal (December 17)
“Who wins from Brexit? New York.” No matter how “current negotiations between the U.K. and EU end, U.S. swap exchanges stand to gain European business.”
Tags: Brexit, Business, EU, Gain, Negotiations, New York, Swap exchanges, U.K., U.S., Wins
Boston Globe (December 16)
“The snow day, for many children, is a quintessential part of growing up in New England.” With fingers crossed, they wait “for that magic phone call that school is canceled. But this year, ahead of the pandemic’s first full winter, many school districts across the region are ditching traditional snow days and turning to remote learning programs instead.”
Tags: Remote learning
The Denver Post (December 15)
“A quarter of Colorado’s nearly 4,000 coronavirus-related deaths came in just three weeks between mid-November and early December, and the remnants of this fall’s record surge of infections may not be gone yet.”
Tags: Colorado, Coronavirus, Deaths, December, Fall, Infections, November, Record surge, U.S.
San Francisco Chronicle (December 15)
“Even as the first precious caches of coronavirus vaccine arrived in counties across California Monday, the pandemic showed no signs of abating, with hospitals straining under an influx of COVID-19 patients and deaths climbing across the state and region.”
Tags: Abating, California, Coronavirus, COVID-19, Hospitals, Influx, Pandemic, Patients, Precious, Straining, Vaccine
Chicago Tribune (December 15)
“Health care workers around the country rolled up their sleeves for the first COVID-19 shots Monday as hope that an all-out vaccination effort can defeat the coronavirus smacked up against the heartbreaking reality of 300,000 U.S. deaths.”
Tags: Coronavirus, COVID-19, Deaths, Defeat, Health care, Heartbreaking, Reality 300, U.S., Vaccination, Workers
Wall Street Journal (December 14)
The Supreme Court loss means “President Trump’s legal challenges have run their course.” With “no remaining legal alternatives,” both the President and “the rest of the Republican Party can help the country and themselves by acknowledging the result and moving on.” Unfortunately, “there’s no predicting how Mr. Trump will behave.” He may very well “continue his ‘stolen’ election claims past Jan. 20.”
Tags: Alternatives, Claims, Election, Legal challenges, Loss, Moving on, Republicans, Result, Stolen, Supreme Court, Trump
Reuters (December 13)
“A final Brexit without a trade deal would damage the economies of Europe, send shockwaves through financial markets, snarl borders and sow chaos through the delicate supply chains across Europe and beyond.” British Prime Minister Boris Johnson and EU Commission President Ursula von der Leyen agreed to extend talks beyond Sunday. “With a succession of deadlines missed, time is now critically short.”
Tags: Borders Chaos, Brexit, Damage, Europe, Financial markets, Johnson, Leyen, Shockwaves, Supply chains, Trade deal, UK
Washington Post (December 11)
“The novel coronavirus will kill more people in the United States every day for the next two to three months than died in the attacks on 9/11…. The stark warning came as the United States set a new record for fatalities in a single day for the second day in a row, surpassing 3,300 deaths Thursday and bringing the nation’s total covid-19 death toll to more than 291,800.”
Tags: Coronavirus, Fatalities, Record, Stark, U.S. 9/11, Warning
