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Washington Post (April 15)

2025/ 04/ 17 by jd in Global News

A recession “looks much more likely than it did a few months ago, thanks to the cost and chaos of President Donald Trump’s tariff shock.” With its staggering debt-to-GDP ratio, the U.S. “is ill-positioned to weather another economic storm.” Should Trump’s “punishing tariff policy” lead to recession, “the government might not be able to finance economic relief with cheap debt” as the nation “has depleted its emergency reserves.”

 

Washington Post (June 20)

2022/ 06/ 21 by jd in Global News

“A punishing early-season heat wave… tormented large swaths of Europe over the weekend,” setting hundreds of record highs. “Temperatures between 104 and 110 degrees (40 to 43 Celsius) were common from Spain to Germany,” but France was hit hardest by extreme temperatures that peaked on Saturday “when more than a dozen all-time records were set.”

 

Markets Insider (April 7)

2022/ 04/ 09 by jd in Global News

Investors are punishing transportation stocks “in the face of sky-high fuel prices and slowing growth.” Since hitting a November high, the Dow Jones Transportation Average has fallen 20%, “the technical definition of a bear market.” Often seen as “a bellwether for the health of the underlying economy, the index is comprised of “transportation stocks, from logistics companies such as FedEx and UPS, airlines, to railroad operators like Union Pacific.”

 

Reuters (August 1)

2021/ 08/ 02 by jd in Global News

“As competitors battled for the podium on the third day of Olympic athletics on Sunday, it was Tokyo’s oppressive heat that perhaps dished out the most pain. Punishing conditions greeted athletes and officials as a trackside thermometer touched 40 degrees Celsius (104°F) and the humidity hovered around 60%, with sun beating down on an Olympic Stadium devoid of spectators due to COVID-19.”

 

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