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The Economist (July 22)

2023/ 07/ 23 by jd in Global News

“Economists are not known for their optimism, but today their good cheer is palpable. Not long ago it seemed that an American recession was inevitable.” Now, expectations are heady that this can be averted, but “the surge of hope is… unusual because the world economy is slowing down.” While “falling inflation is good news,” it remains “too early to hail a ‘soft landing.’”

 

New York Times (August 12)

2021/ 08/ 14 by jd in Global News

The fires ravaging Evia, Greece’s second-largest island “seem less a random act of God than another inevitable episode of Europe’s extreme weather brought on by the man-made climate change that scientists have now concluded is irreversible.”

 

The Guardian (September 25)

2020/ 09/ 27 by jd in Global News

“It doesn’t take an Einstein to observe the folly of Johnson doing the same thing twice and expecting a different result. Delaying inevitable tougher rules will likely do what it did before. Prolonging the pandemic worsens the economy as well as the roll-call of death and serious long-term Covid illness. But nothing in Johnson’s reckless life suggests any precautionary DNA in his selfish genes.”

 

LA Times (October 6)

2019/ 10/ 08 by jd in Global News

“The Arctic is transforming more rapidly than anywhere else on Earth, with temperatures rising at twice the rate seen elsewhere.… Nobody can be certain when the Arctic sea ice will be gone, but scientists agree that we are on a precarious downward spiral. The loss of nearly all Arctic sea ice in late summer seems inevitable, and an ice-free Arctic Ocean will probably arrive within decades, if not sooner.”

 

Newsweek (April 29)

2019/ 05/ 02 by jd in Global News

“Following a string of remarkable discoveries over the past two decades, the idea of alien life is not as far-fetched as it used to seem.” Amino acids “have been found in the tails of comets. There are other organic compounds in Martian soil.” And since the first habitable planet was discovered in 1995, “astronomers have catalogued thousands.” Discovery of alien life, “now seems inevitable.”

 

Bloomberg (April 24)

2019/ 04/ 25 by jd in Global News

“China has mismanaged an epidemic of African swine fever that’s on course to kill 130 million pigs—or roughly one-third of China’s herd, the biggest in the world.” The response has taken the pattern of past mismanaged crisis and shows that China remains “systemically unprepared…to report and manage the inevitable next epidemic that kills people.”

 

South China Morning Post (September 3)

2018/ 09/ 04 by jd in Global News

“Bankers did not cause the 2008 financial crisis…. Instead, blame for the crash lies squarely with the world’s governments. Sure, bankers were both greedy and reckless. But it was government policies that created the conditions in which greed and recklessness were allowed–even required–to flourish.” By ignoring this and “failing to learn from their mistakes, they have made another crash inevitable.”

 

Financial Times (June 7)

2017/ 06/ 10 by jd in Global News

“Change seems inevitable. Japan’s traditional reliance on seniority-based management is crumbling fast, and there is a clear sense of alarm as Toyota, Panasonic and Sony all talk about hiring international talent with both the broader skills and mindset to survive the next wave of technological innovation.”

 

Financial Times (June 7)

2016/ 06/ 09 by jd in Global News

“Given today’s high level of public sector debt and worsening demographics, it is inevitable that governments will resort to soft forms of default, including inflation, to escape from their fiscal straitjacket. This is a world in which elderly savers will be condemned to subsidise borrowers for a long time.”

 

[archive]