MarketWatch (November 3)
“History is about to be made in Washington. No one is celebrating.” The government shutdown will become the nation’s longest on Tuesday night when it will “eclipse the shutdown that stretched from December 2018 to January 2019.” It remains “unclear when the shutdown will end. In the meantime, the damage is piling up.”
Tags: Celebrating, Damage, Eclipse, End, Government shutdown, History, Longest, Tuesday, U.S., Unclear
Barron’s (June 19)
“The escalating conflict between Israel and Iran has sent oil prices higher over the past few days. If history is anything to go by, the pressure it’s putting on global energy costs will fade before too long.” Immediate fears of a shortage “are usually exaggerated–the risk that geopolitical events create a shortage of crude almost never materialize, even though that’s always the first thing on traders’ minds.”
Tags: Conflict, Crude, Energy costs, Escalating, Exaggerated, Fears, Geopolitical events, History, Iran, Israel, Oil prices, Pressure, Risk, Shortage, Traders
Financial Times (March 4)
“Washington’s greatest miscalculation may not be underestimating China’s chipmaking capabilities, but rather overlooking the forces that drive technological progress. History has shown that every industrial power that has tried to suppress a rival’s technological rise has, at best, delayed it — and at worst, accelerated it. Chips are no exception. The chip war is far from over, but in the long run, the US may have ensured that it is a war China cannot lose.”
Tags: Accelerated, Capabilities, China, Chip war, Chipmaking, Delayed, History, Industrial power, Miscalculation, Overlooking, Rival, Suppress, Technological progress, Underestimating, Washington
Bloomberg (July 5)
“Donald Trump’s growing lead in the US presidential race has sparked a rush to identify the key winning trades in global markets. History suggests that Japanese stocks are a good bet.” Some strategists think “the boost from a weak yen will give Japanese shares a leg up, just as funds seek alternatives to Chinese equities in anticipation of a tougher Trump stance toward Beijing.”
Tags: Alternative, Chinese equities, Global markets, Good bet, History, Japanese stocks, Lead, Presidential race, Strategists, Trump, U.S., Weak yen, Winning trades
Time (May 30)
“There are moments in American history that we all know matter, even if we aren’t clear at the time about their weight.” These moments become “political inflection points” and one of them “just took place in lower Manhattan. Thursday’s decision by a dozen jurors to find former President Donald Trump guilty of 34 felony crimes is an era-defining event, but how it will shape the age remains entirely uncertain.”
Tags: Decision, Era-defining event, Felony crimes, Guilty, History, Inflection points, Jurors, Manhattan, Moments, Political, Trump, U.S., Uncertain
CNN (March 7)
“February was 1.77 degrees Celsius warmer than the average February in pre-industrial times… and it capped off the hottest 12-month period in recorded history, at 1.56 degrees above pre-industrial levels.” The recent data from the EU’s Copernicus climate monitoring service also confirmed that February was “the ninth month in a row that global records tumbled” and “global ocean temperatures were also off the charts,” especially the North Atlantic, which “has set a new daily temperature record every day since March 5 last year.”
Tags: 1.77 degrees, Climate, Copernicus, EU’s, February, Global records, History, Hottest, North Atlantic, Ocean temperatures, Pre-industrial times, Warmer
Washington Post (November 29)
“Henry A. Kissinger, who died on Wednesday at 100, was one of the most consequential statesmen in U.S. history. Though his greatest triumphs occurred a half-century ago, his legacy is complex and contested and contains lessons that should inform Americans facing complicated foreign policy challenges now.”
Tags: 100, Challenges, Complex, Complicated, Consequential, Contested, Died, Foreign policy, History, Kissinger, Legacy, Lessons, Statesmen, Triumphs, U.S.
New York Times (March 31)
“For the first time in American history, a grand jury has indicted a former president of the United States.” Former President Trump “spent years… ignoring democratic and legal norms and precedents, trying to bend the Justice Department and the judiciary to his whims and behaving as if rules didn’t apply to him.” His indictment shows the rules do apply and, with it, these “institutions have proved to be strong enough to hold him accountable for that harm.”
Tags: Accountable, Democratic, Grand jury, History, Indicted, Institutions, Judiciary, Justice Department, Legal norms, Precedents, President, Rules, Strong, Trump, U.S., Whims
Gizmodo (January 12)
“Tesla and Twitter CEO Elon Musk has broken the world record for the person to lose the largest amount of personal wealth in history.” After losing an estimated $182 billion since November 2021, Musk has displaced the previous record “set in 2000 by Japanese tech investor Masayoshi Son.” Nevertheless, “Musk still remains the second-richest person in the world, falling right behind LVMH’s CEO Bernard Arnault.”
Tags: $182 billion, Arnault, CEO, History, Japan, Lose, LVMH, Musk, Personal wealth, Richest, Son, Tech investor, Tesla, Twitter, World record
Wall Street Journal (December 17)
“History is on speed-dial these days, and the latest seismic shift is Japan’s announcement Friday of a new defense strategy and the spending to implement it.” Credit for this historic change goes to Prime Minister Fumio Kishida “for taking the political risk to educate his country about the growing threats from China and North Korea and how to deter them.”
Tags: China, Defense strategy, Educate, Historic change, History, Japan, Kishida, North Korea, Political risk, Seismic shift, Spending, Threats
