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Sydney Morning Herald (December 6)

2021/ 12/ 06 by jd in Global News

“The crisis at the teetering giant Chinese property developer, China Evergrande, appears to be reaching a decisive moment, with the world’s most indebted property company conceding that it may be unable to meet the demand for repayment.”

 

Bloomberg (November 26)

2021/ 11/ 28 by jd in Global News

“China’s economy continued to slow in November with car and homes sales dropping again as the housing market crisis dragged on.” While numbers for eight early indicators “stayed unchanged, under the surface there was a further deterioration in some of the real-time economic data.”

 

Bloomberg (October 1)

2021/ 10/ 03 by jd in Global News

“The Evergrande fear has receded too easily for comfort… Even without a crisis, the stricken developer will do significant damage to a Chinese economy that already appeared to be slowing.”

 

The Guardian (September 28)

2021/ 09/ 30 by jd in Global News

“Queues at the petrol pumps are never a good look for a government. They are especially bad in a pandemic, when so many people already have reason to feel anxious.” Panic buying comes natural after “gas price rises that have led to around 2m households losing their energy supplier” and “empty shelves in supermarkets…. There is a palpable sense that Britain is careering from one crisis to another.”

 

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.*

 

Wall Street Journal (February 17)

2021/ 02/ 18 by jd in Global News

“Continental governments have spent trillions during the pandemic keeping firms alive and people in jobs, but that safety net could be putting off the economic deep cleaning that normally comes with recessions.” Concern is growing that “mothballing the economy for so long will leave it struggling to adapt to the seismic business and social changes the crisis is driving. That could stall an economic recovery.”

 

Washington Post (January 10)

2021/ 01/ 11 by jd in Global News

“As spending climbs and revenue falls, the coronavirus” is forcing “a global reckoning.” The resulting “debt tsunami” will threaten “even stable, peaceful middle-income countries.” Costa Rica is just one such country “scrambling to stave off a full-blown debt crisis, imposing emergency cuts and proposing harsher measures that touched off rare violent protests last fall.” The “progressive, eco-friendly nation is weighing desperate solutions — including open-pit gold mining, even oceanic fracking.”

 

LA Times (January 5)

2021/ 01/ 07 by jd in Global News

“The coronavirus crisis battering Los Angeles County’s medical system is reaching increasingly desperate levels, with healthcare providers running low on equipment, ambulance operators being told not to bring patients who have virtually no chance of survival to hospitals, and officials scrambling to ensure they can provide enough lifesaving oxygen for critically ill patients.”

 

The Philadelphia Inquirer (December 2)

2020/ 12/ 04 by jd in Global News

“Nearly 37,000 Americans died of COVID-19 in November, the most in any month since the dark early days of the pandemic, engulfing families in grief, filling newspaper obituary pages, and testing the capacity of morgues, funeral homes, and hospitals.” As field hospitals are reopened and mobile morgues prepared, “health officials fear the crisis will be even worse in coming weeks, after many Americans ignored pleas to stay home over Thanksgiving.”

 

Milwaukee Journal Sentinel (October 15)

2020/ 10/ 17 by jd in Global News

“Wisconsin’s crisis is one of the worst in the country.” New COVID-19 cases “have continued their meteoric rise unfettered since September, the daily average more than quadrupling in six weeks, so it’s likely that hospitalization and death numbers will become even more dire in coming weeks.” With coronavirus patients tripling in the last month, “hospitals across the state are at or near capacity.”

 

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