RSS Feed

Calendar

Search

Tag Cloud

Archives

The Economist (March 20)

2021/ 03/ 21 by jd in Global News

Last week China slapped down democracy in Hong Kong. The imposition of tight mainland control over the territory is not just a tragedy for the 7.5m people who live there, it is also a measure of China’s determination not to compromise over how it asserts its will.” But China has pressure points. It is “more tightly coupled with the West than communist Russia ever was. This presents the free world with an epoch-defining question: how should it best secure prosperity, lower the risk of war and protect freedom as China rises?”

 

Houston Chronicle (March 19)

2021/ 03/ 20 by jd in Global News

All Americans of goodwill” should “send a message of inclusion, of love, of embrace and solidarity to the millions of Americans who are of Asian descent. In Houston, this is a special responsibility for all of us because in this city and in suburbs nearby, Asian Americans have been a large, visible part of the fabric of our community for generations.”

 

Financial Times (March 18)

2021/ 03/ 19 by jd in Global News

“A long-awaited showdown between Toshiba and its two largest investors has ended in embarrassment for the conglomerate and an unprecedented show of shareholder strength in Japan. The landmark vote in favour of a probe into Toshiba’s conduct follows five years of increasingly confident shareholder activism against the conservative bastion of corporate Japan.”

 

ABC News (March 17)

2021/ 03/ 18 by jd in Global News

“Optimism is spreading in the U.S. as COVID-19 deaths plummet and states ease restrictions and open vaccinations to younger adults. But across Europe, dread is setting in with another wave of infections that is closing schools and cafes and bringing new lockdowns.”

 

USA Today (March 16)

2021/ 03/ 17 by jd in Global News

“Millions of adults get vaccinated against COVID-19 in the USA each day, but trials are still underway to determine the safety and effectiveness of the vaccines in children.” There is optimism that the results of the trials for 12-15 year olds will be in prior to the start of the new school year in September.

 

Boston Globe (March 15)

2021/ 03/ 16 by jd in Global News

“A year into the COVID-19 pandemic, the timeline for our return to the office is still hazy.” The schedule keeps “getting extended. Some of the area’s biggest companies now have June or July circled on their calendars. Many others are talking about Labor Day [September 6] again. And many aren’t giving any return dates, no matter how tentative, just yet. They’ve been burned before.”

 

Reuters (March 15)

2021/ 03/ 15 by jd in Global News

U.S. airlines are pointing to “concrete signs of an industry recovery as a slowing COVID-19 pandemic helps leisure bookings.” One of them, “Chicago-based United, which had been among the most pessimistic of the airlines heading into the pandemic a year ago, is the first to say it could hit the industry’s cash burn milestone” and return to the black in March.

 

The Guardian (March 14)

2021/ 03/ 14 by jd in Global News

“A third wave of the Covid pandemic is now advancing swiftly across much of Europe. As a result, many nations – bogged down by sluggish vaccination campaigns – are witnessing sharp rises in infection rates and numbers of cases.” With infections rising to levels last seen in early February, “several countries are now set to impose strict new lockdown measures in the next few days.”

 

Wall Street Journal (March 13)

2021/ 03/ 13 by jd in Global News

“Regulators are pressuring Wall Street to do away with the London interbank offered rate by year-end. Companies are still making the switch.” The Federal Reserve is pushing the Secured Overnight Financing Rate (SOFR) as a replacement, but “the U.S. is running behind the U.K. and Europe, where investment firms and companies have been faster to transition to alternative rates,” including the Sterling Overnight Index Average (Sonia).

 

Forbes (March 12)

2021/ 03/ 12 by jd in Global News

“If the economics world handed out gold medals for unintended consequences, Japan’s Yoshiro Mori would be a shoo-in.” While “Japan has had more sexist-rant scandals,” none of those “occurred on the IOC’s watch—or during the social-media age.” The $25 billion being spent on the Olympics could, oddly, “be money well spent if the sexism scandal that felled Mori gets Japan to finally get serious about gender parity,” expanding the annual economy by the $750 billion that womenomics is expected to unleash.

 

« Older Entries

Newer Entries »

[archive]