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Washington Post (May 13)

2020/ 05/ 14 by jd in Global News

As countries around the world “explore ways to end stay-at-home orders, countries that had already opened up are closing down again after renewed spikes in infections. Lebanon on Tuesday became the latest country to reimpose restrictions after experiencing a surge of infections, almost exactly two weeks after it appeared to contain the spread of the virus and began easing up.”


Bloomberg (April 3)

2020/ 04/ 05 by jd in Global News

“The cost of the coronavirus pandemic could be as high as $4.1 trillion, or almost 5% of global gross domestic product, depending on the disease’s spread through Europe, the U.S. and other major economies,” according to the Asian Development Bank.


Reuters (March 23)

2020/ 03/ 24 by jd in Global News

“China is consciously uncoupling from Western peers on rates. Its central bank has held lending benchmarks steady as global peers slash…. The People’s Bank of China’s relative immobility has surprised many economists…. The spread between 10-year Chinese government bonds and U.S. Treasuries is nearly two percentage points, its widest since 2015.”


New York Times (March 13)

2020/ 03/ 15 by jd in Global News

“China bought the West time. The West squandered it.” In the U.S. and Europe, the attitude has largely “been bizarrely reactive, if not outright passive… governments in those regions have let pass their best chance to contain the virus’s spread.” Why did “so many countries watch the epidemic unfold for weeks as though it was none of their concern?”


Time (February 4)

2020/ 02/ 05 by jd in Global News

“This week could prove crucial for understanding how much farther the outbreak is likely to spread and whether the dramatic efforts of Chinese authorities to contain the coronavirus have been effective.” Efforts include a massive quarantine that has “expanded to 16 surrounding cities with a combined population of more than 50 million, creating what is believed to be the largest quarantine in human history.”


Institutional Investor (April 13)

2017/ 04/ 15 by jd in Global News

“The sell side doesn’t quite get it yet,” but a major shift will soon transform their very existence. With Phase two of the EU’s Markets in Financial Instruments Directive (MiFID) scheduled to take effect in January, broker-dealers must “explicitly price a dark art whose cost was previously wrapped into trading commissions (on equity products) or spread (on fixed income). And that, in turn, could put a lot of analysts out of work in Europe, the U.K….and, in time, the U.S. and everywhere else.” Current predictions are that by 2020 global research volume will decrease by around 25% to 60%… or even more.


The Economist (September 20)

2014/ 09/ 21 by jd in Global News

“The cost of halting Ebola’s spread is also rising exponentially. In August the World Health Organisation estimated that it would take nine months and cost $490m to contain Ebola. Now it reckons the cost has risen to over $1 billion. The longer the world prevaricates, the harder and costlier it will be to contain this outbreak.”


The New York Times (September 7)

2014/ 09/ 08 by jd in Global News

“The widening epidemic of Ebola in West Africa looks worse with each passing day. The outbreaks…have outstripped the ability of humanitarian groups and fragile government health systems to treat the sick and slow the spread.”