Reuters (March 15)
“China posted a steep jump in daily COVID-19 infections on Tuesday, with new cases more than doubling from a day earlier to hit a two-year high, raising concerns about the rising economic costs of the country’s tough containment measures.” The nation’s “zero tolerance approach is not only becoming more costly, but also suffering diminishing returns against the highly infectious Omicron.”
Tags: China, Containment, COVID-19, Diminishing returns, Doubling, Economic costs, High, Infections, New cases, Omicron, Zero tolerance
Bloomberg (June 14)
“The shipping industry is struggling through its worst recession in half a century, and that icon of globalization — the mega-container ship — is a major part of the problem. With global growth and trade still sluggish, and the benefits of sailing and docking big boats diminishing with each new generation, ship owners are belatedly realizing that bigger isn’t better.”
Tags: Better, Bigger, Container ships, Diminishing returns, Globalization, Growth, Recession, Shipping industry, Sluggish, Trade
Financial Times (May 2)
More needs to be done on fiscal and monetary co-operation. “The past few weeks have highlighted the limits of monetary policy expansion. The current framework combining quantitative easing and negative interest rates is offering rapidly diminishing returns because it is not producing the large, permanent increase in the money in circulation that would be required to turn inflation expectations around and lift the world economy out of deflationary deadlock.”
Tags: Cooperation, Deflationary deadlock, Diminishing returns, Economy, Expansion, Expectations, Fiscal, Inflation, Limits, Monetary, Negative interest rates, Quantitative easing
