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September 2021
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Market Watch (September 16)

2021/ 09/ 16 by jd in Global News

“The U.S. passed another grim milestone in the coronavirus pandemic on Thursday, when the number of fatalities from COVID-19 passed 666,000, meaning that about 1 in every 500 people living in America has died of the illness.” And with just under 2,000 deaths from COVID a day, “the U.S. is suffering more deaths every two days than in the terrorist attacks of Sept 11, 2001.”


San Francisco Chronicle (August 13)

2021/ 08/ 16 by jd in Global News

“The wildly infectious delta variant that has raged across the world and forced the United States into a fourth—and in some places unprecedented—surge has reshaped the coronavirus pandemic into a plague that may take many more years to come to an end.”


Wall Street Journal (August 12)

2021/ 08/ 13 by jd in Global News

“The rapidly-spreading coronavirus Delta variant and its impact on the global economy mean the world will consume less oil this year,” Lowering its forecast, the IEA’s latest market report notes that “the worsening of the pandemic, as well as revisions to historical data, mean its global oil demand outlook has been “appreciably downgraded,” with some of this year’s forecast recovery shifted to 2022.”


Denver Post (August 5)

2021/ 08/ 06 by jd in Global News

“The known total of global coronavirus infections surpassed 200 million Wednesday, a daunting figure that also fails to capture how far the virus has embedded itself within humanity.” Official death figures are also imperfect but useful markers and now stand at over 614,000 deaths in the U.S., 550,000 in Brazil, 425,000 in India, and 4.2 million worldwide.


Wall Street Journal (July 29)

2021/ 07/ 30 by jd in Global News

“The U.S. economy grew rapidly in the second quarter and exceeded its pre-pandemic size, but the outlook has suddenly turned cloudier due to the fast-spreading Delta coronavirus variant.”


Chicago Tribune (July 19)

2021/ 07/ 20 by jd in Global News

“When the race for coronavirus vaccines started, health officials knew the competition between rich and poor countries would be lopsided. But few expected poor countries to be at the mercy of donations from the rich, or that the inequity would be bad for so long. Poor countries have vaccinated 1% of their population, compared with 55% in the U.S. and about 25% globally.”


Reuters (July 6)

2021/ 07/ 07 by jd in Global News

The spectator ban on the opening ceremony is yet “another downgrade” for the Tokyo 2020 Olympics, leaving its “pomp and public spectacle overshadowed by the coronavirus pandemic. Once promoted as an extravaganza to showcase Japan to the world, the Games appear in danger of taking place largely out of public view in a country closed to foreign tourists due to the pandemic.”


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.”


New York Times (May 18)

2021/ 05/ 19 by jd in Global News

“With much of the country under a state of emergency and deaths climbing,” Japan’s “yo-yoing economic pattern” is expected to continue “until the country has vaccinated a significant portion of its population.” Given the “plodding” pace of its vaccination program, this “dynamic could potentially push the country back into recession — defined as two consecutive quarters of contraction — later this year, as it struggles to check the spread of deadlier and more contagious coronavirus variants.”


The Guardian (April 30)

2021/ 05/ 02 by jd in Global News

“It is time for a public inquiry. The coronavirus crisis has been an extraordinary period for the UK, and the toll substantial. More than 127,000 people have died, children have lost years of education, and we have seen the largest drop in GDP since consistent records began more than half a century ago…. While the government has done some things well – the vaccine programme is an undisputed success so far – there are sincere, legitimate questions about many of its other choices.*


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