Financial Times (September 5)
“The euro dropped on Monday to a new 20-year low after Russia’s decision to shut a major gas pipeline to Europe intensified the energy crisis that has dealt a heavy blow to the region’s economy.” The currency blew past parity, going as low as $0.988 in London. Stocks fell and energy prices surged while “European capitals struggle to contain growing concerns over Russia’s ‘weaponisation’ of gas supplies.”
Tags: $0.988, 20-year low, Blow, Currency, Economy, Energy crisis, Energy prices, euro, Europe, Gas, London, Parity, Pipeline, Russia, Shut, Stocks, Surged, Weaponisation
New Yorker (May 26)
“Big Oil’s Bad, Bad Day.” On May 26, “crushing blows to three of the world’s largest oil companies… made it clear that the arguments many have been making for decades have sunk in at the highest levels.”
New York Times (May 25)
The U.S. State Department’s warning for Americans to avoid travelling to Japan due to the rising incidence of Covid-19 “has little practical effect, as Japan’s borders have been closed to most nonresident foreigners since the early months of the pandemic. But the warning is another blow for the Olympics, which are facing stiff opposition among the Japanese public over concerns that they could become a superspreader event as athletes and their entourages pour in from around the world.”
Tags: Athletes, Blow, Borders, Closed, COVID-19, Foreigners, Japan, Olympics, Opposition, Pandemic, State Department, Superspreader, U.S., Warning
