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Washington Post (April 5)

2022/ 04/ 07 by jd in Global News

“Two years ago, China was being lauded by the World Health Organization for its success in beating the coronavirus.” Today, clinging to a “Covid Zero” policy leaves the nation “increasingly isolated as other countries … wean themselves off harsh countermeasures and return to a semblance of pre-pandemic life.” China may have little choice. Relaxing the policy would likely result in at least “630,000 infections a day,” a figure which could rapidly overwhelm “China’s patchy hospital network.”

 

Washington Post (February 6)

2022/ 02/ 07 by jd in Global News

“Fatigued, frustrated and frazzled by five surges over two years, some parts of the U.S. population have decided to simply live with the coronavirus and move on. And with a triple-shot of vaccine on board — or protection acquired from prior infection — alongside case numbers falling precipitously, polls show their numbers are increasing.”

 

Atlanta Journal-Constitution (February 1)

2022/ 02/ 03 by jd in Global News

“The highly contagious omicron variant has pushed the daily average of U.S. COVID-19 deaths higher than last fall’s delta wave as the nation nears a chilling milestone of 900,000 coronavirus deaths.” Statewide deaths have also been growing, though “it remains unclear if Georgia will surpass the peak that followed the devastating surge of the earlier delta variant.”

 

LA Times (January 17)

2022/ 01/ 18 by jd in Global News

“The Los Angeles County saw an average of 40 coronavirus deaths a day over the last week, the highest such rate in nearly 10 months, a sign that the prolific Omicron variant may be deadlier than many initially believed.”

 

Financial Times (December 9)

2021/ 12/ 10 by jd in Global News

“The Big Four accounting firms have recorded their strongest financial performance since the collapse of Enron as corporate clients rushed to transform their businesses during the coronavirus pandemic.” Revenues soared to over $167 billion, collectively, in spite of “continued criticism of the structure and performance of the firms, especially in audits, including scrutiny of EY’s failure to identify fraud at Wirecard.”

 

New York Times (December 7)

2021/ 12/ 09 by jd in Global News

“Stocks have swung wildly since the Omicron variant of the coronavirus emerged, once again raising concerns about the pandemic’s potential to damage the global economy.” In two years of “market upheaval,” a pattern has emerged. “Each bout of pandemic-driven volatility in the stock market since February 2020 has been shorter than the one before, and followed by a recovery to a new high. “

 

Atlanta Journal-Constitution (November 5)

2021/ 11/ 06 by jd in Global News

“On Thursday, Georgia topped 25,000 confirmed deaths in the 20-month-long coronavirus pandemic… the same week that the U.S. toll reached 750,000 and the global toll 5 million.” The reality is likely grimmer. “The number is likely a significant undercount…. In addition to undiagnosed cases, the state listed and additional 5,351 deaths as ‘probable’ pandemic deaths—ones attributed by health authorities to COVID-19 but not yet confirmed with the proper test.”

 

USA Today (November 3)

2021/ 11/ 04 by jd in Global News

“The coronavirus lockdowns had an ‘extreme’ effect on carbon emissions, causing a whopping 17% drop globally during peak confinement measures by early April 2020 – levels that hadn’t been seen since 2006.” We are now reverting to mean. “Global emissions of carbon dioxide, the greenhouse gas that’s most responsible for global warming, have returned to near pre-pandemic levels…. This year saw a 4.9 percent increase in emissions over 2020, similar to the rebound that followed the 2008 global financial crisis.”

 

Wall Street Journal (October 28)

2021/ 10/ 29 by jd in Global News

The U.K. dialed back government stimulus for the fast growing British economy, one of the first big Western economies to step away from the emergency policies put in place to tackle the coronavirus pandemic.” The shift is being spurred by “a buoyant growth outlook and concern over surging inflation,” which is “expected to accelerate to around 5% next year, more than double the BOE’s 2% goal.”

 

BBC (October 27)

2021/ 10/ 28 by jd in Global News

“The impact of Brexit on the UK economy will be worse in the long run compared to the coronavirus pandemic.” According to Richard Hughes, the chairman of the Office for Budget Responsibility, “leaving the EU will reduce the UK’s potential GDP by about 4% in the long term” while the impact of the pandemic is forecast as a 2% contraction of GDP.

 

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