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Forbes (April 8)

2023/ 04/ 09 by jd in Global News

“Job cuts are approaching levels not seen since the pandemic began in 2020, as major cuts in the technology and financial industries are starting to show their impact on the economy and soften the labor market.”

 

Newsweek (January 4)

2023/ 01/ 06 by jd in Global News

“For all its love of control, the Chinese leadership appears to have condemned its public to relive the uncertainty of early 2020, when Western capitals couldn’t grasp the spread of COVID. For those hoping to track the country’s first nationwide outbreak, it’s nothing short of a guessing game.”

 

Wall Street Journal (November 10)

2022/ 11/ 11 by jd in Global News

“If Donald Trump announces he’s running for president again, the 2024 election is over.” He is “the Republican Party’s biggest loser” having “flopped in 2018, 2020, 2021 and 2022.” Donald Trump “has led Republicans into one political fiasco after another.” Perhaps now that “Mr. Trump has botched the 2022 elections,” Republicans will finally be “sick and tired of losing.”

 

BBC (April 4)

2022/ 04/ 06 by jd in Global News

“Even if all the policies to cut carbon that governments had put in place by the end of 2020 were fully implemented, the world will still warm by 3.2C this century…. The good news is that this latest IPCC summary shows that it can be done…. But keeping temperatures down will require massive changes to energy production, industry, transport, our consumption patterns and the way we treat nature.”

 

Australian Financial Review (February 4)

2022/ 02/ 06 by jd in Global News

“Mr Buffett shocked the world in 2020 when Berkshire Hathaway announced that it bought stakes in five of Japan’s biggest trading companies, which at the time were grappling with declining profits as the COVID-19 pandemic reduced demand for fuel and raw materials.” Now, his “surprise bet” is clearly “paying off as the companies expect a record-breaking rebound in profits.”

 

Chicago Tribune (July 7)

2021/ 07/ 09 by jd in Global News

Illinois has successfully vaccinated 70% of its citizen. The “Department of Public Health on Monday reported zero deaths from COVID-19 for the first time since march 2020—a sign of how far the state has come since the pandemic took hold.” Though concerns over variants and the unvaccinated remain, this represents tremendous “change from the spring of 2020 and this past winter when the state was frequently reporting more than 100 deaths a day,” peaking at 238 on December 2.

 

Bloomberg (May 21)

2021/ 05/ 23 by jd in Global News

“The world’s biggest businesses were doing fine until Covid-19 arrived. Now they’re doing even better. The top 50 companies by value added $4.5 trillion of stock market capitalization in 2020, taking their combined worth to about 28% of global gross domestic product. Three decades ago the equivalent figure was less than 5%.”

 

Institutional Investor (March 9)

2021/ 03/ 10 by jd in Global News

“Shareholder activists pulled in their horns in 2020, targeting 10 percent fewer companies than in 2019 and winning 16 percent fewer board seats.”

 

USA Today (February 18)

2021/ 02/ 20 by jd in Global News

“The U.S. lost a whole year of life expectancy – and for Black people, it’s nearly 3 times worse.” These preliminary results are based on only the first half of the year. Full year figures for 2020 will almost inevitably paint an even grimmer picture as they will include “the fall and winter surges that led to record COVID-19 deaths.”

 

Wall Street Journal (January 29)

2021/ 01/ 30 by jd in Global News

“You know political spin is at work when the economy grows by 4% in the fourth quarter but the headlines are that growth fell for the entire pandemic year. Everyone already knows the economy fell off the cliff in the first half of 2020. The news is that the economic recovery is continuing despite the winter Covid surge.”

 

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