Fort Worth Star-Telegram (February 16)
“Once again, Texans are suffering because of a failure of disaster planning and investment to prepare for the worst. First, it was the pandemic…. This time, it’s an unprecedented — but, importantly, not unpredictable — stretch of cold weather and storms blanketing the entire state.” The resulting power outages could have been prevented. “There must be accountability. People must be fired. Companies must be fined and required to do better. Winterization of power plants must be a priority.”
Tags: Accountability, Cold, Disaster planning, Failure, Fined, Fired, Investment, Pandemic, Power outages, Prepare, Storms, Suffering, Texans, Unprecedented, Weather, Winterization
Houston Chronicle (June 8)
“The coronavirus pandemic and the unprecedented plunge in energy demand has forced oil companies to shut down wells by the thousands, providing another test of a shale industry that restored the U.S. as a leading global producer and spurred Houston’s economy for more than a decade.”
Tags: Coronavirus, Energy demand, Oil companies, Pandemic, Plunge, Shale, Shut down, U.S., Unprecedented, Wells
Wall Street Journal (April 5)
“At least one-quarter of the U.S. economy has suddenly gone idle amid the coronavirus pandemic… an unprecedented shutdown of commerce that economists say has never occurred on such a wide scale.”
Tags: Commerce, Coronavirus, Economy, Idle, Pandemic, Quarter, Scale, Shutdown, U.S., Unprecedented
Washington Post (November 14)
“The growing interest in witches and witchcraft speaks to a uniquely unsettled moment in U.S. history — and an unprecedented loss of hope felt by an entire generation. Absent anything else to hold on to, we’re reaching into the dark.”
Tags: Generation, History, Hope, Interest, Loss, U.S., Unprecedented, Unsettled, Witchcraft, Witches
Reuters (July 11)
As its first family fights publicly in an unprecedented and ugly manner, the “shrinking returns” of its sovereign wealth fund, GIC, “are adding gloom to Singapore. The sovereign wealth fund, which manages an estimated $343 billion of assets, has delivered its worst annual performance since 2001 barring the financial crisis.” Moreover, the “outlook is depressing too” as GIC prepares for “a protracted period of low returns.”
Tags: Assets, Fight, Financial Crisis, First family, GIC, Gloom, Outlook, Performance, Returns, Singapore, Sovereign wealth fund, Ugly, Unprecedented
The Economist (November 26)
“Britain is in a state of unprecedented uncertainty. The government is unclear about what sort of Brexit it wants. Economic forecasting is, as a result, as good as guesswork. The outlook for the public finances is similarly uncertain.” Nevertheless,“this year’s Autumn Statement, in sum, hinted at how painful Brexit is going to be.”
Tags: Brexit, Forecasting, Government, Guesswork. Outlook, Painful, UK, Uncertainty, Unprecedented
Bloomberg (September 28)
“Something a little worrying has happened to the global economy: Trade is slowing down…. Trade has stopped growing as a percentage of output, the way it had in the past. A few years isn’t necessarily enough to establish a trend, but the slowdown in trade is unprecedented in the postwar era.”
Tags: Global economy, Output, Postwar era, Slowdown, Trade, Trend, Unprecedented, Worrying
