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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.”

 

Institutional Investor (August 23)

2021/ 08/ 24 by jd in Global News

“With an influx of cash from nontraditional investors, average late-stage valuations could hit $1 billion this year, according to PitchBook,” which attributed the surge in “valuation growth to a positive economic outlook and cash influx from nontraditional investors, including mutual funds, hedge funds, sovereign wealth funds, and corporate venture capitalists.”

 

San Francisco Chronicle (August 13)

2021/ 08/ 16 by jd in Global News

“The wildly infectious delta variant that has raged across the world and forced the United States into a fourth—and in some places unprecedented—surge has reshaped the coronavirus pandemic into a plague that may take many more years to come to an end.”

 

Houston Chronicle (August 4)

2021/ 08/ 04 by jd in Global News

COVID-19 is striking Texas with a vengeance. Every region is expected to “face surges larger than anything seen so far.” The Houston area is expected to break the hospitalization record on Sunday and “the previous record for ICU patients—947 set July 18, 2020—is predicted to be broken Aug. 15.” But “even more alarming,” the surge will “keep climbing sharply,” with 2,000 ICU patients expected at the end of August.

 

San Francisco Chronicle (July 14)

2021/ 07/ 13 by jd in Global News

“With nearly half of California residents still not fully immunized against COVID-19 and the highly infectious delta variant in wide circulation, the state could be facing a surge up to two-thirds the size of last summer’s wave of infection despite generally high vaccination rates.” Any new surge will likely prove “far less deadly and disruptive than what the state endured over the winter when more than 22,000 Californians died between Thanksgiving and the end of January and the state was largely shut down for several months.”

 

Philadelphia Inquirer (July 6)

2021/ 07/ 08 by jd in Global News

“Interviews with doctors and nurses in the Philadelphia region revealed a sense of relief over a waning pandemic leavened by fears that the virus could surge again. They use different terms to describe what almost a year and a half of being on the front lines of treating COVID-19 has done. Moral injury. Trauma. Burnout. PTSD.” Even now, these “drained health care workers must still maintain a busy schedule as hospitals face a glut of patients who had put off health care out of fears of contracting the virus.”

 

LA Times (April 29)

2021/ 04/ 30 by jd in Global News

“All across India, a trail of death and misery is devastating a country whose leaders boasted of defeating the coronavirus just a few months ago. A surge of new cases fueled by the so-called double mutant variant of the coronavirus first discovered in India is now pushing the nation’s overburdened healthcare system toward collapse” and presenting “a cautionary tale for a world wanting to rush back to its rhythms.”

 

USA Today (March 31)

2021/ 03/ 31 by jd in Global News

“As coronavirus cases creep up again across the country, federal officials and epidemiologists say they’re worried Americans could hit another tipping point, leading to a forth significant surge of infections, hospitalizations and deaths.”

 

Washington Post (March 26)

2021/ 03/ 26 by jd in Global News

The “psychological grip” of the coronavirus “on the United States has weakened. Pandemic fatigue, warmer weather and a surge in vaccinations have led to a spring fever palpable across much of the country.” The number of Americans flying surged last weekend and cellphone data shows “movement steadily increasing everywhere except in large cities, where office buildings remain empty.” The pandemic “won’t last forever. But even as people are on the move, so is the virus.” There may yet be “a spring bump, if not yet anything as significant as a surge.”

 

Bloomberg (January 24)

2021/ 01/ 26 by jd in Global News

“The world economy is facing a tougher start to 2021 than expected as coronavirus infections surge and it takes time to roll out vaccinations…. Double-dip recessions are now expected in Japan, the euro area and U.K. as restrictions to curb the virus’s spread are enforced.” Advanced economies are “beginning on a weak note and emerging economies diverging.”

 

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