The Guardian (January 11)
“If you want to know how fast climate change is happening, the answer is in the oceans.” Last year, they “absorbed heat equivalent to seven Hiroshima atomic bombs detonating each second, 24 hours a day, 365 days a year.” Global ocean temperature data “paint a clear picture: the Earth is warming, humans are the culprit, and the warming will continue indefinitely until we collectively take action to reduce greenhouse gas emissions.”
Tags: Atomic bombs, Climate change, Culprit, Earth, Emissions, GHGs, Heat, Hiroshima, Humans, Oceans, Temperature data, Warming
San Francisco Chronicle (January 10)
“As the omicron variant once again scrambles well-laid plans, possibly killing the return-to-office date altogether,” millions of workers hope they will “never have to work in an office full time again.” The initial response to COVID may have appeared confined to “a niche, tech-world revolution,” but this has “spread to nearly every sort of job where remote work is possible,” close to 50% of the U.S. workforce.
Tags: Covid, Full-time, Office, Omicron, Plans, Remote, Return, Revolution, Scrambles, Tech-world, U.S., Variant, Workers
Financial Times (January 8)
With a $3 trillion valuation, Apple “is worth more than the entire FTSE 100 index—highlighting the malaise of what was long one of the world’s leading stock markets.” In a decade and a half, the LSE’s “share of global equity values has fallen from 8.5 per cent to 3.6 per cent.”
Tags: $3 trillion, Apple, Fallen, FTSE 100, Global equity values, Leading, LSE, Malaise, Stock markets, Valuation
Bloomberg (January 7)
“This isn’t the way Xi Jinping wanted to start 2022. In Xi’an, China is witnessing its worst Covid outbreak since the virus emerged, and the ancient city has been locked down for two weeks battling the delta variant…. Any nationwide outbreak could raise questions about Covid Zero and its number one supporter: Xi Jinping.
Tags: 2022, China, Covid Zero, Delta, Locked down, Outbreak, Variant, Virus, Xi’an
LNG Industry (January 6)
“The world’s two largest economies–the US and Mainland China–are poised to be the world’s top export and import markets for LNG in 2022.” In 2021, the US placed third, behind Australia and Qatar, but “was the largest source of LNG supply growth in 2021.” China overtook Japan in 2021, marking “the first time since the early 1970s that Japan has not been the world’s largest LNG importer.”
Tags: 1970s, 2021, 2022, Australia, China, Export, Import, Japan, LNG, Markets, Qatar, Supply growth, Top, US
Wall Street Journal (January 6)
“Investors are bracing themselves for volatility in 2022. Easing supply chain snarls, potential interest rate increases and slowing growth in corporate earnings are all being closely watched. Contributing to the murky picture: a mixed economic recovery, complicated by the fast-moving Omicron variant of Covid-19, which is making it harder for investors to consider whether to readjust portfolios toward value stocks.”
Tags: 2022, COVID-19, Earnings, Growth, Interest rates, Investors, Murky, Omicron, Portfolio, Recovery, Slowing, Snarls, Supply chain, Variant, Volatility
New York Times (January 5)
“Toyota Motor unseated General Motors as the top-selling automaker in the United States last year, becoming the first manufacturer based outside the country to achieve that feat in the industry’s nearly 120-year history.” Coming amidst a “tumultuous” year shaken by supply chain and manufacturing issues, the milestone also “underlines the changes shaking automakers… as they move into electric vehicles.”
Tags: 120 years, Automaker, EVs, GM, Issues, Manufacturing, Milestone, Supply chain, Top-selling, Toyota, Tumultuous, U.S.
Seeking Alpha (January 4)
“While analysts on Wall Street are confident the bull market will continue uninterrupted into 2022, there are more than enough risks to derail that market outlook. Importantly, none of these independently suggest a significant correction is imminent. However, the risk is that they will undermine the bullish ‘psychology’ of the market.”
Tags: 2022, Analysts, Bull market, Confident, Correction, Derail, Imminent, Market outlook, Risks, Undermine, Uninterrupted, Wall Street
Chicago Tribune (January 3)
“Chicago-area hospitals are postponing many elective surgeries, as Illinois on Sunday set a record for COVID-19 hospitalizations…. Statewide, there were 6,294 COVID-19 patients in the hospital, surpassing the previous peak of 6,175 on Nov. 20, 2020.” In addition to the influx of COVID-19 patients, hospitals are struggling with “industrywide staffing shortages” worsened by staff testing positive to breakthrough infections.
Tags: Chicago, COVID-19, Elective surgeries, Hospitalizations, Hospitals, Illinois, Patients, Postponing, Record
WARC (January Issue)
“E-commerce is expected to account for one-third (33%) of sales among chain retailers worldwide this year, rising from 23% in the pre-pandemic year of 2019.” The growth is forecast to continue, “with e-commerce to take an almost two-fifths (39%) share of sales in 2026. This comes amid strong online growth and stable or declining physical store sales worldwide.”
Tags: Chain retailers, E-commerce, Growth, Online, Physical store, Pre-pandemic, Rising, Sales, Strong
