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Fortune (February 21)

2023/ 02/ 23 by jd in Global News

“The housing market correction just took a new turn,” which appears to be “brutal.” KB Home’s Q4 results revealed a buyer cancellation rate that shot to 68%, up from 13% year on year. The Q4 cancellation rate “also surpassed the industry’s peak cancellation rate of 47% during the darkest days of the 2008-era crash.”

 

Washington Post (July 8)

2022/ 07/ 10 by jd in Global News

“The death of Shinzo Abe is a loss to the U.S. and its allies.” The former Prime Minister’s “assassination was a brutal and completely unforeseen end to a life of public service to the people of Japan. The shock of his death will not dissipate quickly. He was a visionary leader, someone who believed his country was capable of taking a central, and responsible, role in international affairs. His loss will be deeply felt in part because he had more contributions to make.”

 

Washington Post (May 20)

2021/ 05/ 21 by jd in Global News

“Cryptocurrency investors woke up to grim news Wednesday: A brutal sell-off sent prices crashing across the board, wiping more than half a trillion dollars off the market.” It’s unclear if or when the dramatic turnaround will end. The cryptocurrency market “has roared since the coronavirus pandemic first gripped the world,” with “hordes of new investors…drawn by the allure of sudden price spikes and life-changing winnings.”

 

Financial Times (February 3)

2021/ 02/ 05 by jd in Global News

“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.”

 

Newsweek (June 4)

2019/ 06/ 06 by jd in Global News

Thirty years ago, “the brutal scenes of troops from the People’s Liberation Army firing live ammunition on civilians peaceably calling for political reforms at Tiananmen Square shocked the world.” The outside world’s response was largely based on the prevailing wisdom that economic development supports human rights. Today, “you’d be hard pressed to find any serious analysts who still believe economic prosperity has led to a more liberated China. Instead, China has been emboldened to infringe on the rights of its own people at home and abroad, cracking down on burgeoning civil society and activists, and undermining international human rights institutions as a means of subjecting its people under its control.”

 

New York Times (March 4)

2018/ 03/ 06 by jd in Global News

“There can be little doubt now.” President Donald Trump “truly sees no danger in Mr. Xi’s ‘great’ decision to extend his own rule until death. That craven reaction is in line with Mr. Trump’s consistent support and even admiration for men ruling with increasing brutal and autocratic methods—Vladimir Putin of Russia, Turkey’s Recep Tayyip Erdogan, Rodrigo Duterte in the Philippines, to name a few.”

 

The Atlantic (July/August Issue)

2017/ 08/ 10 by jd in Global News

Although Donald Trump called Kim “a madman with nuclear weapons,” North Korea’s leader “appears to be neither suicidal nor crazy.” In fact, “he has acted with brutal efficiency to consolidate that power; the assassination of his half brother is only the most recent example. As tyrants go, he’s shown appalling natural ability…. his moves have been nothing if not deliberate and even cruelly rational.” With only bad options for dealing with the North, this is “perhaps the most reassuring thing.”

 

The Economist (July 22)

2017/ 07/ 23 by jd in Global News

“Despite the frantic political activity in Westminster…the country has made remarkably little progress since the referendum in deciding what form Brexit should take. All versions, however “hard” or “soft”, have drawbacks…. Yet Britain’s leaders have scarcely acknowledged that exit will involve compromises, let alone how damaging they are likely to be. The longer they fail to face up to Brexit’s painful trade-offs, the more brutal will be the eventual reckoning with reality.”

 

New York Times (July 10)

2016/ 07/ 12 by jd in Global News

“The new American sanctions on North Korea are hardly surprising, since the regime brutally controls 25 million people, has an aggressive nuclear program and is improving its ability to launch missiles that could one day hit the United States.” Whether the sanctions can “make North Korea budge” remains to be seen.

 

[archive]