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The Guardian (April 18)

2023/ 04/ 19 by jd in Global News

“China’s economy rebounded faster than expected, surpassing growth estimates for the first quarter of the year, after the country relaxed its onerous Covid-19 restrictions and consumer spending surged.” The 4.5% quarterly growth marked “the fastest in a year and beat the 4% rise forecast by analysts polled by Reuters.”

 

Reuters (April 12)

2023/ 04/ 13 by jd in Global News

“The International Monetary Fund may have just hammered the final nail in the coffin of a complete economic rebound. With downside risks dominating its outlook, the IMF’s estimates dash any remaining hopes of a full recovery from recent years’ shocks.”

 

Economic Times (January 23)

2023/ 01/ 26 by jd in Global News

Big Tech’s “planned rightsizing is… unlikely to make up for the deep correction in 2022 of technology companies’ stock prices. Earnings estimates for the last quarter of 2022 are grim and Big Tech may have to go in for more job cuts to keep market capitalisation aloft. This could be a theme for the industry in 2023.”

 

Reuters (December 22)

2022/ 12/ 23 by jd in Global News

Despite official government figures citing just 1,800 Covid cases and only seven resulting deaths last week, more realistic estimates place the true figures at over one million daily infections, with “more than 5,000 people … dying each day from COVID-19 in China.”

 

Bloomberg (August 28)

2019/ 08/ 29 by jd in Global News

“India’s economic numbers have for some time looked better than the facts warranted, feeding an overconfidence in New Delhi about the country’s prospects. Thankfully, that’s begun to change. The Reserve Bank of India, the International Monetary Fund, investment banks and ratings agencies have all recently cut their estimates of 2019 growth sharply.” This is “best news in years… India’s government finally seems to recognize the scale of the problems it faces.”

 

Bloomberg (August 1)

2018/ 08/ 02 by jd in Global News

“After earnings carnage at global auto rivals,” Toyota is in the “spotlight.” From Detroit to Seoul, Toyota’s global rivals “fell short of estimates and warned of more pain from the trade war.” In contrast, “the world’s most valuable automaker will likely report modest sales and earnings growth for the most recent quarter.” But going forward the automaker still “faces a fight on every front. Potential U.S. tariffs threaten to cripple demand in its biggest market, rivals continue to pull ahead in China, and at home, the top-selling Prius is suffering a slump in popularity.”

 

Gizmodo (March 23)

2018/ 03/ 26 by jd in Global News

The Great Pacific Garbage Patch “has more lost and discarded plastic inside it than previous surveys suggested—like, a lot more. And it’s still growing.” A recent study published in Scientific Reports suggest it “is filled with 79,000 metric tonnes (87,000 tons) of plastic, which is between 10 to 16 times higher than previous estimates…. Disturbingly, plastic pollution inside the GPGP ‘is increasing exponentially and at a faster rate than in surrounding waters.’”

 

Gizmodo (December 11)

2017/ 12/ 12 by jd in Global News

“Over the past year, Australia released an estimated 140 metric tons of carbon dioxide equivalent in greenhouse gases,” excluding unreliable estimates for land use-related emissions. This marks a new record for down under and places Australia as one of “the worst polluters per capita among countries in its class.”

 

Bloomberg (October 26)

2015/ 10/ 27 by jd in Global News

“Reality keeps beating BOJ’s inflation forecasts.” According to Bloomberg, the Bank of Japan (BOJ) ranks last or next to last in the accuracy of its forecasts for inflation and GDP when compared to other major central banks. The Bank of Japan has had to lower its inflation estimates for all four years from 2014 and now looks poised to follow suit on Friday with its release of updated inflation forecasts.

 

The Los Angeles Times (January 21, 2014)

2014/ 01/ 21 by jd in Global News

Half a century ago, the Surgeon General declared cigarette smoking causes lung cancer. Since the earth-shattering report, “the percentage of Americans who smoke has dropped by more than half,” with only 18% still lighting up. “Other developed countries have achieved similarly dramatic smoking reductions.” Staggering estimates are put on items such as lives saved and medical costs eliminated. “But this is not the end of the story, sadly.” Cigarette smoking has grown dramatically in developing countries, nearly tripling between 1970 and 2000 alone. “There are now 1 billion smokers globally, almost one-third of the world’s adult population, and smoking rates are increasing in some countries, such as Bangladesh and Indonesia.”

 

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