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Washington Post (January 19)

2023/ 01/ 20 by jd in Global News

“The nation is in the midst of one of the biggest workforce shifts in generations.” Many prefer working at home or at least “want a ‘hybrid’ situation of working two or three days remotely. Cities must adapt to this new reality or risk a downward spiral of falling commercial property values, lower taxes on those buildings and ghost downtowns that could lead to increased crime and homelessness.”

 

LA Times (October 6)

2019/ 10/ 08 by jd in Global News

“The Arctic is transforming more rapidly than anywhere else on Earth, with temperatures rising at twice the rate seen elsewhere.… Nobody can be certain when the Arctic sea ice will be gone, but scientists agree that we are on a precarious downward spiral. The loss of nearly all Arctic sea ice in late summer seems inevitable, and an ice-free Arctic Ocean will probably arrive within decades, if not sooner.”

 

Los Angeles Times (August 17)

2019/ 08/ 19 by jd in Global News

“More than seven decades later, the dispute over who should pay for the suffering…is at the heart of a downward spiral in relations between South Korea and Japan that has spawned a trade war and ignited massive protests and boycotts in South Korea,” putting much at risk. “An $80-billion bilateral trade relationship is in jeopardy, as is a military information-sharing agreement between the two countries that has been valuable for the U.S. and its allies against the North Korean threat.”

 

Euromoney (May 21)

2012/ 05/ 23 by jd in Global News

As the European currency crisis continues to unfold, the spotlight shifts. “Spain’s economic political future hangs in the balance, as fears over Greece’s exit from the eurozone leave the credibility of its financial stabilization plans in tatters without urgent redress from eurozone policymakers.” And if Spain falls to contagion, there’s no telling where the downward spiral will end, though Italy would probably be the next to fall.

 

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