Financial Times (February 3)
“The pandemic’s devastating impact on Big Oil was illustrated yesterday when some of the world’s largest energy groups reported record annual losses, marking a brutal 12 months of an industry under mounting pressure to speed up a transition to cleaner fuels.”
Tags: Big oil, Brutal, Cleaner fuels, Devastating, Energy, Impact, Largest, Losses, Pandemic, Pressure, Record, Transition
Investment Week (March 3)
“If China fails to get ‘back to work’ and is unable to cushion the impact of the coronavirus by April the ‘global ramifications will be enormous.’” At a recent Investment Week Conference, Karen Ward, chief market strategist for EMEA at J.P. Morgan Asset Management, also urged investors to “keep an eye on figures tracking Chinese coal consumption and labour migration as key indicators of the growing impact on the country’s economy.”
Tags: China, Coal, Consumption, Coronavirus, EMEA, Global ramifications, Impact, Indicators, Investors, J.P. Morgan, Labour, Migration
Wall Street Journal (February 2)
“Investors are betting the volatility that has rattled markets over the past two weeks is here to stay. Many are bracing for dramatic swings in stocks as the U.S. presidential election season ramps up and investors assess the impact of the coronavirus outbreak on global economic activity.”
Tags: Coronavirus, Election, Impact, Investors, Markets, Outbreak, Rattled, Stocks, U.S., Volatility
New York Times (January 4)
“President Trump’s decision to authorize the killing of a top Iranian military leader could be the match that sets off a regional conflagration, or it could have only marginal geopolitical impact…. But it is just the latest example of the capricious way in which the president, as commander in chief, has chosen to flex his lethal powers.”
Tags: Authorize, Capricious, Conflagration, Geopolitical, Impact, Iran, Killing, Military, Trump
Financial Times (December 2)
“Investors are becoming increasingly concerned about how climate risks will impact their portfolios.” TCI, one activist hedge fund, “has warned Airbus, Moody’s, Charter Communications and other companies to improve their pollution disclosure or it will vote against their directors and called for asset owners to fire fund managers that did not insist on climate transparency.”
Tags: Activist, Airbus, Asset owners, Charter, Climate risks, Directors, Disclosure, Fund managers, Hedge-fund, Impact, Investors, Moody's, Pollution, Portfolios, TCI, Vote
Wall Street Journal (August 11)
Though “artificial intelligence has the potential to reinvent the world, from how businesses operate to the types of jobs people hold to the way wars are fought,” the struggles of IBM’s Watson “suggest that revolution remains some way off.” Currently, “no published research shows Watson improving patient outcomes” while “more than a dozen IBM partners and clients have halted or shrunk Watson’s oncology-related projects” because of its “limited impact on patients.” Often, “the tools didn’t add much value. In some cases, Watson wasn’t accurate.”
Tags: Accurate, AI, Clients, IBM, Impact, Oncology, Partners, Patient outcomes, Potential, Revolution, Struggles, Watson
Wall Street Journal (June 21)
Investors aren’t quite sure “how to trade a trade war.” Some obvious stocks like Boeing and Caterpillar are being hit hard, but for many others there’s a lack of information on the potential impact, “partly because supply chains are so complex.” While there’s much to “suggest that trade war fears haven’t sunk in properly,” the bigger issue is that it is challenging “to price in something you don’t understand, and the implications of a trade battle are obscure, at best.” We don’t know “precisely which products will be targeted in the next round, or how long the tariffs will last.”
Tags: Boeing, Caterpillar, Complex, Fears, Impact, Implications, Investors, Obscure, Products, Supply chains, Targeted, Tariffs, Trade war
The Guardian (March 19)
“As the disastrous impact of leaving the EU becomes clearer, UK citizens should be allowed another say.” Some forecasts estimate that it will take “at least 20 years before the UK economy stabilises after Brexit.” And the London School of Economics “found that all EU countries will lose income after Brexit. The overall GDP fall in the UK is estimated at between £26bn and £55bn, depending on the negotiated settlement. In the most pessimistic scenario, the cost of Brexit could be as high as £6,400 for each household.”
Tags: Brexit, Disastrous, EU, GDP, Impact, London School of Economics, Settlement, UK
Reuters (February 21)
“The recent surge in market volatility, by some measures one of the most dramatic on record, will have zero impact on investor returns beyond a few months. Literally zero.” Investors are better to hold tight to their investments. “In fact, the turbulence that wiped $4 trillion off the value of world stocks earlier this month is already fading.”
Tags: Dramatic, Impact, Investors, Market volatility, Returns, Surge, Turbulence
Time (December 18)
“It became a hashtag, a movement, a reckoning. But it began, as great social change nearly always does, with individual acts of courage.” They have toppled titans and brought hope, yet we are only in “the beginning of this upheaval,” and have yet to learn how far its ultimate impact will reach. “For giving voice to open secrets, for moving whisper networks onto social networks, for pushing us all to stop accepting the unacceptable, the Silence Breakers are the 2017 Person of the Year.”
Tags: Courage, Hashtag, Hope, Impact, Movement, Silence breakers, Social change, Social networks, Upheaval
