Barron’s (October 31)
“A U.S.-China summit in South Korea did just enough, even if it didn’t fix everything that has kept the two sides at odds.” It has “put markets at ease,” at least for a while. “The de-escalation appeared to be more a win for China than for the U.S., but also took a worst-case scenario off the table for markets.”
Tags: At ease, China, De-escalation, Fix, Fragile, Markets, South Korea, Summit, Temporary, Trade truce, U.S., Win, Worst-case scenario
Harvard Business Review (October 17)
Artificial intelligence (AI) “is both far-reaching and fragile. Its long-term trajectory points toward redefining industries, reshaping work, and altering the balance of global power. In the near term, geopolitical rivalry combines with deregulatory policy and speculative capital, creating conditions that strongly resemble past bubbles. The lesson of history is not that bubbles render technologies worthless, but that they distort timing and expectations.”
Tags: AI, Bubbles, Deregulatory policy, Far-reaching, Fragile, Geopolitical rivalry, Global power, Redefining industries, Reshaping work, Speculative capital, Timing, Trajectory
USA Today (June 22)
“The U.S. attack on Iranian nuclear sites over the weekend could ratchet up the pressure on an American economy that’s turned increasingly fragile as a weekslong global trade war takes a toll.” The new foray “is most likely to impact oil prices, investors said, which could ripple through the economy by causing higher transportation and gas prices, just as overall inflation throughout the economy has seemed to be contained.”
Tags: Attack, Economy, Foray, Fragile, Gas prices, Impact, Inflation, Investors, Iran, Nuclear sites, Oil prices, Ripple, Trade war, Transportation, U.S.
Reuters (June 7)
After beating expectations in Q1, “China’s exports shrank much faster than expected in May while imports extended declines with a grim outlook for global demand, especially from developed markets, raising doubts about the fragile economic recovery.”
Tags: Beating, China, Declines, Developed markets, Doubts, Expectations, Exports, Fragile, Global demand, Grim outlook, Imports, May, Q1
Boston Globe (July 24)
Baseball’s return “resonates so strongly in this time of pandemic, one that channels the basic gratitude we feel for the one sport that has always made summer feel like summer.” But bringing it back isn’t easy. It’s a fragile achievement that raises competing priorities. “It’s good to have baseball back, but it’s complicated too.”
Tags: Baseball, Complicated, Fragile, Gratitude, Pandemic, Priorities, Resonates, Sport, Summer
Time (April 22)
“Greece has an elderly population and a fragile economy,” but despite being a tourist mecca has somehow “escaped the worst of the coronavirus so far….with only 2,245 confirmed cases and 116 deaths as of April 21, one of the lowest counts in the European Union.” Some of this may be luck, but experts are attributing the early imposition of stringent “measures, and the way Greeks have largely abided by them.”
Tags: Confirmed, Coronavirus, Deaths, Economy, Elderly, EU, Fragile, Greece, Greeks, Population, Stringent “measures, Tourist
Reuters (September 16)
“The last thing the slowing world economy needs is a big and unexpected disruption in oil output.” The drone attacks “took out roughly half of Saudi Arabia’s crude output appear to fit that bill. But even fragile global growth can probably withstand this first cut.” However, if “sustained disruptions to Middle Eastern oil supply–or anything that heightens the risk of them–will buoy crude. That will deliver the deepest cut to growth.”
Tags: Crude, Crude output, Disruption, Drone attacks, Economy, Fragile, Growth, Middle East, Oil, Output, Risk, Saudi Arabia, Supply, Unexpected
Reuters (September 11)
Perhaps without realizing it, Donald Trump is playing a very “dangerous Asian game” His “clear tilt toward India will hardly halt Pakistan’s continued drift toward neighboring China and Russia…. Trump must recognize that getting his way across the subcontinent could bring down a fragile edifice, one that has been propped up by delicate presidential balancing acts since the days of the Truman administration.”
Tags: Asian game, Balancing acts, China, Dangerous, Delicate, Fragile, India, Pakistan, Russia, Tilt, Truman, Trump
The Guardian (July 8)
“Theresa May’s fragile deal would be a disaster for Britain.” The Prime Minister secured “a fragile domestic political compromise only by confecting a solution that no one thinks the EU will accept. And even in the unlikely event that the EU were to sign on the dotted line, there is no disguising that while it may be better than dropping out with no deal, the Chequers agreement would be a terrible outcome.” Britain would no longer have a say “in shaping the rules of the world’s most successful trading bloc…in exchange for becoming a rule-taker in whatever scrappy free trade deal we can negotiate.”
Tags: Compromise, Deal, Disaster, EU, Fragile, May, Negotiate, Outcome, Rule-taker, Trading bloc, UK
Institutional Investor (May 23)
“After a stronger than anticipated consumer inflation released in the U.S. on Friday, Janet Yellen dampened investors’ hopes that the Federal Reserve would delay a rate increase until next year.” Her underlying message was “that recent setbacks in economic data do not appear to represent a roadblock to growth despite labor conditions that remain fragile.”
