The Guardian (July 7)
“Fears of a recession have fallen away, with economists saying Australia is set to safely navigate the biggest global oil supply shock in history even as they warn of substandard growth in the year ahead. The de-escalation of the Middle East conflict has been accompanied by a major retreat in global oil prices back to prewar levels, essentially removing the worst-case scenarios.” But pessimism still runs deep amongst households, with consumer confidence at roughly “a 50-year low as many Australians struggle to cope with substantially higher prices after years of above-average inflation.”
Tags: Australia, Consumer confidence, Cope, De-escalation, Economists, Fears, Global oil prices, Households, Inflation, Middle East conflict, Pessimism, Recession, Retreat, Struggle, Supply shock
Washington Post (October 31)
“With less than a month before the annual U.N. Climate Change Conference, China is so far defying pressure to set ambitious climate targets early and to do more to help poor nations cope with the ravages of a warming world.”
Tags: Ambitious, Annual, China, Climate Change Conference, Climate targets, Cope, Defying, Poor nations, Pressure, Ravages, U.N.
South China Morning Post (June 30)
“How Hong Kong should cope with the national security law: keep calm and carry on…. It would be best for Hongkongers not to panic, but get on with their lives instead.”
