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Wall Street Journal (May 15)

2020/ 05/ 17 by jd in Global News

“It is always hard anticipating successful drugs, but those wagering on coronavirus treatments face unique challenges. Some of the most innovative and promising approaches are wholly unproven. Companies are competing with foreign nations and not-for-profit organizations determined to achieve their own breakthroughs. Successful drugs or vaccines may run into pricing, manufacturing and distribution difficulties.” Issues like these explain why “big investors aren’t betting it all on a coronavirus cure.”

 

Investment Week (September 18)

2019/ 09/ 20 by jd in Global News

“The global economy is in a tricky spot…. Money markets are pricing in two possible scenarios, with two very different outcomes. First, a high probability of limited Fed easing…. This would not be enough to kick‑start global growth. Second, a low probability of significant Fed easing, resulting in rates being cut close to zero. This—combined with some limited fiscal stimulus from Europe and China—would be enough to refresh global growth.”

 

Wall Street Journal (April 29)

2015/ 04/ 30 by jd in Global News

The cable industry is “panicked over the looming breakup of its business model” as fewer traditional linear customers want big bundles and younger viewers increasingly opt for video on demand subscriptions. Cable operators benefitted from local monopolies that allowed them to “dictate packages and pricing, markets be damned.” Though “cable bills have grown at almost triple the rate of inflation over the past two decades,” the gravy train may be coming to an end.

 

The Economist (September 17)

2011/ 09/ 19 by jd in Global News

The Economist salutes Japan for succeeding. “The nation responded as one, dimming lights and cranking down the air-conditioning…. Peak electricity usage fell by nearly a fifth in the Tokyo region, compared with last year. Amazingly, Japan made it through the summer without blackouts.” The Economist provides a new challenge. “The new government should break up Japan’s electricity monopolies.” Japan needs a smart grid where pricing is linked to demand, monopolies are eliminated, and generation and distribution separated.

 

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