The Economist (April 10)
“For a good few hours on April 9th, disaster beckoned. Share prices had been falling for weeks. Then the market for American Treasury bonds—normally among the safest assets available—started convulsing, too. The yield on ten-year Treasuries leapt to 4.5%…. That meant bond prices, which move inversely to yields, had cratered. The failure of both risky and supposedly safe assets at once threatened to destabilise the financial system itself.”
Tags: April 9, Bonds, Convulsing, Cratered, Destabilise, Disaster, Failure, Financial system, Market, Risky, Safe assets, Share prices, Threatened, Treasuries, U.S., Yield
Institutional Investor (March 12)
“February was a disaster for many biopharma, life sciences, and other health care hedge funds. Most lost money, several by double-digit rates, and as a result were in the red heading into March.” Whether the Trump administration will “slow down or pause the approval process for drugs currently in development” is making investors “jittery.” On top of that, “the stock market’s general volatility and sell-off have been especially rough on fledgling companies with little or no revenue and earnings — including this sector — exacerbating investor concerns.”
Tags: Approval process, Biopharma, Development, Disaster, Drugs, February, Health care, Hedge funds, Investors, Jjittery, Life sciences, Sell-off, Stock market, Trump administration, Volatility
Los Angeles Times (January 9)
“Five people have died, but officials say the death toll is likely to be higher. More than 9,000 structures have been damaged or destroyed and at least 130,000 residents are under evacuation orders. Experts say L.A. is not out of danger yet and these fires have the potential to be the costliest wildfire disaster in American history.”
Tags: Costliest, Damaged, Danger, Death toll, Destroyed, Disaster, Evacuation, L.A., Officials, Residents, Structures, U.S., Wildfire
Washington Post (November 3)
“Donald Trump’s retro economic plan could be a disaster.” Tariff-reliant “Trumpian protectionism can’t create a world-class manufacturing economy.” Tariffs may be useful in narrow cases like “protecting certain strategic industries, such as defense. Indiscriminate, across-the-board tariffs, however, are a recipe for a less efficient, dynamic, economy and, ultimately, a poorer, less equitable society.”
Tags: Defense, Disaster, Economic plan, Efficient, Equitable, Manufacturing economy, Poorer, Protecting, Protectionism, Retro, Society, Strategic industries, Tariff, Trump, World-class
The Guardian (April 6)
“An unprecedented leap of 38.5C in the coldest place on Earth is a harbinger of a disaster for humans and the local ecosystem.” The record-setting leap at documented Concordia research station, along with other “events have raised fears that the Antarctic, once thought to be too cold to experience the early impacts of global warming, is now succumbing dramatically and rapidly to the swelling levels of greenhouse gases that humans continue to pump into the atmosphere.”
Tags: 38.5C, Antarctic, Atmosphere, Coldest, Concordia, Disaster, Earth, Ecosystem, GHG, Global warming, Harbinger, Humans, Impacts, Succumbing, Unprecedented
Wall Street Journal (November 28)
“Mr. Trump isn’t going to change, and the next two years will inevitably feature many more such damaging episodes. Republicans who continue to go along for the ride with Mr. Trump are teeing themselves up for disaster in 2024.”
Tags: Change, Damaging, Disaster, Inevitably, Republicans, Trump
Forbes (August 24)
“Europe’s worst drought and heatwave in half a millennium is also a disaster in the realm of energy.” Though unspeakable suffering has followed in its wake, “it is the drought, especially the drying of European rivers, which should worry everyone the most…. Rivers are Europe’s economic and transportation backbone, and their drying will drive up energy and commodity prices” and stifle logistics and energy production. “Rivers form an invisible but vital infrastructure to every part of the European economy, and energy is no exception.”
Tags: Backbone, Commodity prices, Disaster, Drought, Drying, Energy, Europe, Heatwave, Logistics, Millennium, Rivers, Suffering, Transportation, Worst
San Francisco Chronicle (September 16)
Governor Newsom’s “overwhelming victory in Tuesday’s recall election was, on most levels, cause for celebration. A loss would have been a disaster for the state at a time it could least afford it.” As Trump’s grip loosens, the ex-President remains “a pustule on the face of the nation,” but is no longer “even the biggest pockmark in his home state of Florida.” This recall sham was “perpetrated by a party that would rather play dirty tricks than adjust its policies to the 21st century. And voters knew it.”
Tags: Celebration, Dirty tricks, Disaster, Election, Grip, Loosens, Newsom, Overwhelming, Pockmark, Pustule, Recall, Sham, Trump, Victory, Voters
Radio New Zealand (August 17)
Going into a national lock down “buys us some time to see results of testing and contact tracing to assess how widely the outbreak has spread.” So far, there’s only one case, but he may have infected others. “One thing we’ve learned from watching Sydney over the past two months is that half-measures can quickly lead to disaster…. Our best option is to go hard now and then relax later if it turns out we have avoided the worst…. With Delta there are no second chances.”
Tags: Contact tracing, Delta, Disaster, Half-measures, Lock down, Outbreak, Relax, Second chances, Spread, Sydney, Testing
Wall Street Journal (April 19)
In India, New Delhi became the first region “to reimpose sweeping measures like the ones employed last spring.” Though “India has sought to avoid the strict lockdowns that punished its economy last spring… the step was necessary to avoid an even bigger disaster: a complete breakdown of its hospitals.” Experts anticipate “a cascade of other Indian states” following New Delhi into lockdown.
Tags: Breakdown, Disaster, Economy, Experts, Hospitals, India, Lockdowns, New Delhi, Punished, Strict
