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Los Angeles Times (November 23)

2021/ 11/ 25 by jd in Global News

“L.A.’s infamous Thanksgiving traffic gridlock” is “expected to return with vengeance” after taking 2020 off for Covid. “An estimated 3.8 million Southern Californians will be driving to their holiday destinations — up 9% from last year and only 1% less than in 2019, according to the Automobile Club of Southern California.”

 

Bloomberg (November 1)

2021/ 11/ 01 by jd in Global News

“China’s economy showed signs of further weakness in October as power shortages and surging commodity prices weighed on manufacturing, while strict Covid controls put a brake on holiday spending.” The purchasing mangers’ index shows “the economy is under pressure from both the supply and demand side.”

 

Santa Monica Daily Press (October 12)

2021/ 10/ 13 by jd in Global News

The most populous state in the U.S. now has “the lowest per capita rate of new coronavirus cases.” Still, California just topped 70,000 cumulative COVID deaths. This is “the most in the nation, surpassing Texas by about 3,000 and Florida by about 13,000, although California’s per capita fatality rate of 177 per 100,000 people ranks in the bottom third for the U.S.”

 

Fortune (June 13)

2021/ 06/ 15 by jd in Global News

“Before the pandemic, Japan’s workforce faced longstanding problems, like chronic overwork, low productivity, and too few women. Letting employees work from home may have helped ease all three, in addition to preventing the spread of COVID. But Japan’s failure to more fully adapt means it will likely miss out on the carry-on benefits of remote work that some corporations elsewhere are warming to.”

 

Bloomberg (April 16)

2021/ 04/ 17 by jd in Global News

“China’s economy soared in the first quarter as consumer spending strengthened, joining production and investment in recovering from the Covid slump a year ago.” Year on year, GDP “climbed a record 18.3%,” but that is “skewed by comparisons from a year ago when the economy was in lockdown. A better reading of the economy’s momentum comes from quarter-on-quarter growth, which slowed to 0.6% from 2.6% in the previous three months.”

 

MarketWatch (March 28)

2021/ 03/ 29 by jd in Global News

“Despite the upbeat note that the final full week in March delivered, strategists and market participants were chirping about a major block trade in the final minutes of Friday trading that could portend further stress on the market, which has been subject to bouts of turbulence as rising interest rates amid the rollout of COVID vaccines and a $1.9 trillion aid package complicate the financial outlook.”

 

The Guardian (March 14)

2021/ 03/ 14 by jd in Global News

“A third wave of the Covid pandemic is now advancing swiftly across much of Europe. As a result, many nations – bogged down by sluggish vaccination campaigns – are witnessing sharp rises in infection rates and numbers of cases.” With infections rising to levels last seen in early February, “several countries are now set to impose strict new lockdown measures in the next few days.”

 

Wall Street Journal (January 29)

2021/ 01/ 30 by jd in Global News

“You know political spin is at work when the economy grows by 4% in the fourth quarter but the headlines are that growth fell for the entire pandemic year. Everyone already knows the economy fell off the cliff in the first half of 2020. The news is that the economic recovery is continuing despite the winter Covid surge.”

 

CNN (November 10)

2020/ 11/ 13 by jd in Global News

“Johnson has mismanaged Covid, Brexit and the economy. Now his inner circle is falling out…. The political storm surrounding Johnson and his team of advisers broke on the same day that the UK’s coronavirus death toll passed the eyewatering 50,000 figure.” The shakeup could signal an eventual concession to the EU on Brexit as “the simplest route to a breakthrough that would lead to a deal.”

 

The Guardian (September 25)

2020/ 09/ 27 by jd in Global News

“It doesn’t take an Einstein to observe the folly of Johnson doing the same thing twice and expecting a different result. Delaying inevitable tougher rules will likely do what it did before. Prolonging the pandemic worsens the economy as well as the roll-call of death and serious long-term Covid illness. But nothing in Johnson’s reckless life suggests any precautionary DNA in his selfish genes.”

 

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