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The Science Times (September 21)

2020/ 09/ 22 by jd in Global News

“The Copernicus Atmosphere Monitory Service in Europe has monitored over 100 wildfires in the Arctic” since June. “The ‘zombie fires’ have been the worst this year since reliable monitoring began in 2003.” In June alone, the Arctic fires had already released an amount of carbon comparable “to how much the greenhouse gas is emitted in an entire year from smaller nations like Cuba and Tunisia.”

 

Investment Week (August 24)

2020/ 08/ 25 by jd in Global News

“Global dividends plummeted by $108.1bn to $382bn in Q2 this year… marking an underlying decline of 19.3% – the biggest fall seen…. All regions except the US suffered a drop in pay-outs, with the UK and Europe seeing the biggest falls at 54% and 45% respectively on an underlying basis.” By comparison, Japan fared well with payouts falling just 3.1% and “four-fifths of companies actually increasing or maintaining their dividends.”

 

Wall Street Journal (August 19)

2020/ 08/ 21 by jd in Global News

“Coronavirus infections are surging again across much of Europe and governments are racing to prevent a full-fledged second wave of the pandemic.” Infection levels still “remain far lower in Europe than in much of the U.S. The seven-day average of new daily U.S. cases is running at nearly 150 cases per million people, about five times the number across Germany, France, Spain, Italy and the U.K.”

 

Wall Street Journal (August 13)

2020/ 08/ 14 by jd in Global News

“The U.K. recorded a steeper second-quarter contraction than its peers, suffering the worst economic hit from the coronavirus in Europe as well as reporting the highest death toll there.” Great Britain’s GDP “shrank 20.4% in the second quarter, equivalent to an annualized rate of 59.8%,…. In the same period, U.S. and German output declined by around 10%, while Italy lost 12%, France 14% and Spain 19%.”

 

Financial Times (July 2)

2020/ 07/ 04 by jd in Global News

“Some of the biggest investment banks and fund managers have advised their clients to take profit from the dizzying rally on Wall Street that followed the mid-March crash. Instead, they say, look to Europe.”

 

Deutsche Welle (June 7)

2020/ 06/ 09 by jd in Global News

“Donald Trump seems to finally be making good on his threat …. to punish Germany.” The sudden move to remove 9,500 troops is “misguided.” It “does not make military sense” and “has shown once again that NATO’s European members cannot rely on the commander-in-chief in the White House. It is a wake-up call for Europeans to take the initiative when it comes to their own defense, and actually spend more money on it.”

 

The Economist (May 30)

2020/ 05/ 31 by jd in Global News

“Bail-outs are taking place everywhere. But in Europe they are especially dangerous, because they can undermine economic integration and encourage politicians’ inexhaustible appetite to meddle in industry. Creating a giant, open and competitive market has been one of Europe’s great achievements. In the rush to help business it must not be eroded.”

 

Market Watch (May 22)

2020/ 05/ 24 by jd in Global News

“Sweden’s policy of keeping schools, restaurants and businesses open while practising social distancing to prevent the coronavirus pandemic from spreading was seen as bold, but now it has now it has the highest deaths per capita in Europe from COVID-19.”

 

The Local Sweden (May 20)

2020/ 05/ 23 by jd in Global News

“It might be appealing to make the conclusion that Sweden has managed to keep the epidemic under control, without having to restrict individuals and businesses or pressing pause on the country’s whole economy to the same extent as elsewhere in Europe. But that would be a dangerous conclusion to draw…. What Sweden cannot teach others is how to stem the pandemic without a high human cost.”

 

Financial Times (May 19)

2020/ 05/ 20 by jd in Global News

In Ireland, “the jobless rate for the under-25s surged to 52.8 per cent in April,” up drastically from 12 per cent in February, and “the hit to young workers was not unique to Ireland.” For example, McKinsey has found that “workers aged 15-24 throughout Europe are almost twice as likely as those aged 25-54 to have jobs at risk’ 41 percent for the young; and 25 percent otherwise.

 

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