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Economist (January 11)

2020/ 01/ 13 by jd in Global News

“The industries that will suffer most from new regulatory barriers to frictionless trade are those like aerospace, cars, chemicals, food and drink, and pharmaceuticals that rely on uninterrupted supply chains across Europe. They are concentrated in the midlands and north—exactly where Mr Johnson won his new Tory majority. If his weakness in the negotiations causes him to lose favour in those areas, his new domestic strength will be at risk.”

 

New York Times (December 21)

2019/ 12/ 23 by jd in Global News

The Twenty-Teens have “been fundamentally shaped by the technological creations of the young, in the form of social media and mobile apps; by the mass migrations of the young, from Africa and the Middle East to Europe and from Latin America to the U.S.; by the diseases of the (mostly) young, notably addiction and mental illness; and by the moral convictions of the young, from the #MeToo and Black Lives Matter movements in the U.S. to mass demonstrations from Cairo to Hong Kong.”

 

The Economist (December 14)

2019/ 12/ 15 by jd in Global News

“Mandatory quotas for women on company boards” are gaining traction “after softer targets failed to move the needle much.” The Netherlands was the latest country to “join seven European countries (and California) in replacing the carrot of ‘please’ with the stick of ‘or else’ to increase gender diversity.”

 

Reuters (November 29)

2019/ 12/ 01 by jd in Global News

“European investors managing assets worth more than 1 trillion pounds ($1.28 trillion) are pressing top auditors to take urgent action on climate-related risks, warning that failure to do so could do more damage than the financial crisis.” The investors assert that the Big Four audit firms “are not giving enough weight to a potentially rapid transition towards a low-carbon future as governments implement the 2015 Paris Agreement to curb climate change.”

 

Chicago Tribune (November 8)

2019/ 11/ 09 by jd in Global News

“The Berlin Wall fell in a dramatic wave of hope, openness and U.S. support 30 years ago. Now everything is different.” Back then, “Europe had a United States willing and able to help guide its future, which it did in building a Europe whole, free and at peace. Now, Europe will have to decide its own future.” Will Europe “recommit to unity” or “allow divisions and disagreements to deepen.”

 

Reuters (October 30)

2019/ 11/ 01 by jd in Global News

“Climate change will put three times more people at risk of coastal flooding by 2050 than previously thought… with swathes of Asia and cities in North America and Europe all vulnerable to rising seas.” According to the latest study, “300 million people are now living on land that is likely to flood at least once a year on average by mid-century… even if governments manage to make sharp cuts in emissions.”

 

Chicago Tribune (October 4)

2019/ 10/ 06 by jd in Global News

“The jobs figures carry more weight than usual because worries about the health of the U.S. economy are mounting. Manufacturers have essentially fallen into recession as U.S. businesses have cut spending on industrial machinery, computers and other factory goods. And overseas demand for U.S. exports has fallen sharply as President Donald Trump’s trade conflicts with China and Europe have triggered retaliatory tariffs.”

 

Deutsche Welle (July 24)

2019/ 07/ 26 by jd in Global News

“A record high temperature in Germany is forecast to stand for only a day as Europe’s second summer heat wave bites. Ships have been stranded, rail travelers urged to delay trips and tigers fed chicken ice blocks.” With much of Europe, Germany is sweltering in the record heat wave.

 

Wall Street Journal (July 7)

2019/ 07/ 09 by jd in Global News

“Germany’s economic slowdown, though no doubt bad for Europe in the short term, could be helpful over a longer period by easing a rift between the region’s economically stronger north and weaker south over pro-growth policies.”

 

Bloomberg (June 10)

2019/ 06/ 12 by jd in Global News

“Pity Europe’s banks. For years, they have been in retreat, losing business in their own back yards to Wall Street rivals. Now the battlefront is shifting – but what looks like an opportunity to gain ground may be just the opposite…. Shackled by sluggish economic growth at home and record-low interest rates that are crushing margins, European firms have been unable to compete with U.S. rivals in trading and capital markets. Those same dynamics look set to play out again in transaction banking,” which is set to displace fixed income as the largest revenue driver by 2020.

 

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