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The Guardian (September 28)

2021/ 09/ 30 by jd in Global News

“Queues at the petrol pumps are never a good look for a government. They are especially bad in a pandemic, when so many people already have reason to feel anxious.” Panic buying comes natural after “gas price rises that have led to around 2m households losing their energy supplier” and “empty shelves in supermarkets…. There is a palpable sense that Britain is careering from one crisis to another.”

 

Plain Dealer (September 28)

2021/ 09/ 29 by jd in Global News

“The Cleveland Clinic is now seeing its highest volume of COVID-19 patients since last winter” and looks likely to worsen. “The Clinic’s forecasts predict the highest volumes of COVID-19 patients will come in the next several weeks, as this current pandemic wave peaks in northern Ohio.”

 

Wall Street Journal (September 26)

2021/ 09/ 28 by jd in Global News

“The American supply chain has so far failed to adapt to the crush of imports as businesses rush to restock pandemic-depleted inventories.” At the ports of Los Angeles and Long Beach, two major shipping gateways, *more than 60 ships are lined up to dock, with waiting times stretching to three weeks.” The obvious fix, switching to 24/7 operations, remains problematic due to a shortage of trucks, storage and workers.

 

Washington Post (September 25)

2021/ 09/ 27 by jd in Global News

“After dominating Germany and, indeed, Europe for so long, Ms. Merkel leaves a legacy of sober, patient leadership, in which she both articulated and modeled democratic values. This was especially important at times when the leaders of other Western nations… did not.” The impact of her departure will be widely felt as “the world’s need for strong champions and exemplars of democracy is greater than ever.”

 

Chicago Tribune (September 24)

2021/ 09/ 26 by jd in Global News

“Many employers pushed Labor Day return to office plans back as the delta variant fueled a resurgence in COVID-19 cases—another setback for businesses catering to the Loop’s formerly bustling office crowd. While businesses like coffee and shoe repair shops are optimistic their customers will eventually return, they may be downtown less often and may need time to rebuild old habits.”

 

Star-Ledger (September 23)

2021/ 09/ 24 by jd in Global News

“Facing a lack of bus drivers at the start of the academic year, school districts around the state are dangling incentives that include higher pay for commercial drivers and ‘parent contracts’ worth $1,000 for residents to transport their kids to school in their own cars. The issue extends beyond the state’s borders. In Massachusetts, the governor activated 250 members of the National Guard to get behind the wheel of school transport vans.”

 

Financial Times (September 22)

2021/ 09/ 23 by jd in Global News

“While Evergrande’s US dollar bonds are trading at levels that suggest default, Beijing is unlikely to allow the company’s woes to proliferate to the point at which they risk creating a systemic crisis. The correct way to view the Evergrande meltdown is to see it as a controlled explosion. Beijing is teaching the developer a very public and painful lesson.”

 

New York Times (September 21)

2021/ 09/ 22 by jd in Global News

“The halt to the 18-month ban on travel from 33 countries, including members of the European Union, China, Iran, South Africa, Brazil and India, could help rejuvenate a U.S. tourism industry that has been crippled by the pandemic,” which caused travel spending to fall by approximately $500 billion in 2020.

 

Boston Globe (September 20)

2021/ 09/ 21 by jd in Global News

“Back-to-office plans are playing out much differently than anyone expected. Anticipation for a momentous post-Labor Day return has come and gone, but now a growing number of employers are repopulating their offices gradually and on a voluntary basis, rather than pinning all their hopes—and anxieties—onto one date.”

 

Wall Street Journal (September 16)

2021/ 09/ 20 by jd in Global News

“Transportation costs—typically a fraction of a finished product’s price—are emerging as another supply-chain hurdle, overwhelming some companies already paying more for raw materials and labor…. The Covid-19 pandemic has driven a long-lasting surge in transportation costs, putting pressure on many businesses already confronting higher wages and raw-material prices. Some CEOs are saying they expect elevated freight costs stretching into 2023.”

 

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