New York Times (January 1)
In the years ensuing the appearance of COVID-19, “the big question… was whether America would ever fully recover from that shock. In 2023 we got the answer: yes. Our economy and society have, in fact, healed remarkably well. The big remaining question is when, if ever, the public will be ready to accept the good news.”
Denver Post (October 20)
“Poor people around the world who were among the hardest hit by the virus pandemic are also likely to be the last to recover from it.” The vaccines showing the most promise “need nonstop sterile refrigeration to stay potent and safe.” This isn’t available for over a third of the population. “Nearly 3 billion of the world’s 7.8 billion people live where temperature-controlled storage is insufficient for an immunization campaign to bring COVID-19 under control.”
Tags: COVID-19, Immunization, Pandemic, Poor, Population, Potent, Recover, Refrigeration, Safe, Sterile, Storage, Temperature, Vaccines
Chicago Tribune (June 2)
“What do you say to a city whose residents, livelihoods and sense of security have been pummeled by the coronavirus pandemic and then civil unrest and mass looting? You say that Chicago is up to the challenge and must move forward. You say: Reopen and rebuild…. This resilient city will recover again.”
Tags: Chicago, Civil unrest, Coronavirus, Livelihoods, Mass looting, Pandemic, Pummeled, Rebuild, Recover, Reopen, Residents, Resilient, Security
Wall Street Journal (May 3)
“Global brands are hoping China’s gigantic consumer market will help rekindle growth as the world tries to recover from the coronavirus pandemic. They are facing an uphill battle.” Despite “seeing a solid bounceback in China… a full return to normal, much less growth, is proving harder because so many people have lost jobs and income, or want to save more.”
Tags: Bounceback, China, Consumer market, Coronavirus pandemic, Global brands, Growth, Income, Jobs, Normal, Recover
Washington Post (March 6)
“As the saying goes, you don’t miss the water until the well runs dry: This deeply aberrant presidency threatens to cost the nation much more than even some of President Trump’s harshest critics may realize…. It’s easy to lose the habits and values of democracy, but incredibly hard to get them back. Perhaps most difficult is to recover lost faith in the rule of law.”
Tags: Aberrant, Cost, Critics, Democracy, Habits, Lost faith, Presidency, Recover, Rule of law, Trump, Values
The Economist (January 16)
“Since the new year, the price of oil has surprised even the most bearish punters, plunging by 18%.” With prices already dipping below $30 a barrel, few know how low oil will go or when prices will begin to recover. Analysts have placed the bottom as low as $10, with April deliveries calculated at “anything from $25 to $56 a barrel.” The only thing everyone agrees on is that current supply vastly outstrips demand.
New York Times (August 7)
The “government rescue of one of Portugal’s largest lenders” is another example of “regulatory failure.” Banco Espírito Santo had succeeded in a system that made “it easy for banks to look good and hide their problems.” As the European Central Bank (ECB) moves to assume supervision for some of Europe’s largest banks later this year, it will have to show that it really is serious. “Europe’s economy will not recover until its banking system is truly healthy.”
Tags: Banco Espírito Santo, Banks, ECB, Economy, Europe, Government, Lenders, Portugal, Recover, Regulatory failure, Rescue
