The Economist (June 29)
The “metropolis of money, known as the City, generates £120bn ($152bn) of output a year—as much as Germany’s car industry.” Increasingly, Brexit appears to threaten an outcome that “would make the eu poorer and damage London’s position.” In addition, the end result could “change the workings of the global financial system.”
Tags: Brexit, Car industry, Damage, EU, Financial system, Germany, London, Metropolis, Money, Outcome, Output, Poorer, The City
Investment Week (June 24)
“The highly-publicised suspension of Neil Woodford’s flagship LF Woodford Equity Income fund has significantly damaged the UK general public’s relationship with investing…. There will ‘clearly be ramifications’ for the active management industry.”
Tags: Active management, Damage, Flagship, Fund, General public, Investing, Ramifications, Suspension, UK, Woodford
South China Morning Post (June 20)
The trade war between the U.S. and China “is pushing the world economy closer to the edge. The longer it goes on, the harder it will be to undo the damage,” which clearly already is being inflicted. “Compared to pre-2008 crisis levels, world economic growth has plummeted by half and is at risk of a long-term, hard-to-reverse stagnation. Returning to global integration and multilateral reconciliation could dramatically change the scenario.”
Tags: China, Crisis, Damage, Economic growth, Integration, Plummeted, Stagnation, Trade war, U.S., World economy
Washington Post (December 17)
It’s not clear “the country has fully comprehended the damage being done by a president who misbehaves so frequently…. Globally, the United States has lost its power, its aura of seriousness and decisiveness that once made autocrats hesitate before crossing us. Now we are a country that can’t seem to stand up to a ruler who orders the murder and dismemberment of a dissident who was a legal U.S. resident or call out Russia’s intrusion into America’s democratic process…. A child occupies the White House, and the world knows it.”
Tags: Aura, Child, Damage, Decisiveness Dismemberment, Misbehaves, Power, President, Russia, Seriousness, U.S.
Chicago Tribune (November 26)
“Global warming is a Midwest crisis in the making.” A just released federal climate change report predicts “sopping rains will damage crops, then heat waves will fry them. Humid conditions will spur the growth of pests and pathogens that will degrade the quality of stored corn or soybeans. Before mid-century… Midwest agricultural productivity will slip back to levels of the 1980s.”
Tags: Agriculture, Climate change, Corn, Crisis, Crops, Damage, Global warming, Heat waves, Midwest, Pathogens, Pests, Productivity, Rains, Soybeans
South China Morning Post (November 25)
The unfolding truth “appears to be rather different” than “the narrative spun by Nissan and apparently condoned by Japanese authorities.” When the full story about Ghosn is revealed, “it threatens to do at least as much damage to the reputation of the government and industry alliance known as Japan Inc as to the man at the centre of the affair” for it increasingly appears “Nissan’s old guard struck back against their ‘gaijin’ savior.”
Tags: Alliance, Authorities, Damage, Ghosn, Government, Industry, Japan Inc., Nissan, Reputation, Truth, Unfolding
Wall Street Journal (August 2)
“No one knows if Donald Trump is serious or trolling when he tweets,” but the “damage from firing Mr. Mueller is so predictable that’s it hard to believe even Mr. Trump would tempt such a fate.”
New York Times (June 10)
“There has never been a disaster like the G7 meeting that just took place. It could herald the beginning of a trade war, maybe even the collapse of the Western alliance. At the very least it will damage America’s reputation as a reliable ally for decades to come; even if Trump eventually departs the scene in disgrace, the fact that someone like him could come to power in the first place will always be in the back of everyone’s mind.”
Tags: Ally Disgrace, Collapse, Damage, Disaster, G7, Power, Reliable, Reputation, Trade war, U.S., Western alliance
Popular Mechanics (May 16)
“Scientists have confirmed that plastic bags litter the very depths of the Earth’s oceans inside the Mariana Trench. The findings highlight a polluted region of the ocean often ignored: the very bottom.” While disturbing, the knowledge could prove a source of hope. “The better understanding of the damage being down there, the better chance there is of correcting the damage.”
Tags: Correcting, Damage, Earth, Litter, Mariana Trench, Oceans, Plastic bags, Polluted, Scientists, Understanding
New York Times (December 15)
“There’s been a lot of backpedaling U.S. since Trump recognized Jerusalem as the capital of Israel. “With the president having made a typically grandiose and poorly thought-through political gesture…wiser heads in the administration are trying to mollify Palestinians and other Arabs antagonized by his posturing.” Their efforts aren’t having much effect. “Mr. Trump could lessen the damage by specifying that the embassy, when moved, would be in West Jerusalem, and by indicating that the United States wants to recognize East Jerusalem as Palestine’s capital as part of a peace agreement.”
Tags: Antagonized, Arabs, Backpedaling, Damage, Grandiose, Israel, Jerusalem, Palestinians, Peace agreement, Trump, U.S.
