BBC (July 25)
“Barely a month after Spain ended its state of emergency, cities including Barcelona, Zaragoza and the capital Madrid have seen a surge in new infections, prompting the government to warn that a second wave could be imminent.” The UK has imposed a 14-day quarantine period for travelers from Spain.
Tags: Barcelona, Emergency, Government, Infections, Madrid, Second wave, Spain, Surge, UK, Zaragoza
Tampa Bay Times (July 13)
“Florida by far broke the national record for the number of coronavirus cases reported in one day on Sunday. The 15,3000 case count was the highest number reported by a state in a single day since the start of the pandemic.” The surge has people “declaring Florida the new epicenter of the coronavirus.”
Washington Post (June 29)
“The road to a successful reopening of the U.S. economy is strewn with hopeful intentions — and formidable obstacles. The biggest and most important obstacle is a surge in new coronavirus cases, which presumably will lead to more hospitalizations and more deaths as well as more firms shutting down.”
Tags: Coronavirus, Deaths, Economy, Formidable, Hopeful, Hospitalizations, Intentions, Obstacles, Reopening, Successful, Surge, U.S.
Wall Street Journal (June 10)
“Growing fears of a surge in coronavirus infections sent the stock market tumbling Thursday, pulling the Dow Jones Industrial Average down more than 1,800 points for its worst day since March.” In recent days “investors have gotten more signs that the smooth reopening they have been hoping for may be increasingly difficult to achieve—throwing into doubt their hopes for a nascent economic recovery.”
Tags: Coronavirus, Dow Jones, Economic recovery, Fears, Infections, Investors, Stock market, Surge, Tumbling
Washington Post (May 13)
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.”
Tags: Closing down, Infections, Lebanon, Open up, Restrictions, Spikes, Spread, Stay-at-home, Surge, Virus
Reuters (October 4)
Though Ireland still expects negative impacts from Brexit, the country is busy making lemonade with what otherwise might just be lemons. “Ireland’s central bank has seen a surge in financial services firms seeking to set up or extend their operations in Ireland as a result of Brexit and is processing over 100 applications.” So far, Barclays, Legal & General Investment Management and Standard Life Aberdeen are among the companies who have chosen Dublin as a post-Brexit base.”
Tags: Applications, Barclays, Brexit, Central bank, Dublin, Financial services, Ireland, Legal & General, Negative impacts, Standard Life Aberdeen, Surge
Reuters (February 21)
“The recent surge in market volatility, by some measures one of the most dramatic on record, will have zero impact on investor returns beyond a few months. Literally zero.” Investors are better to hold tight to their investments. “In fact, the turbulence that wiped $4 trillion off the value of world stocks earlier this month is already fading.”
Tags: Dramatic, Impact, Investors, Market volatility, Returns, Surge, Turbulence
Nikkei Asian Review (July 9)
“Japan’s listed companies saw their aggregate sales surge 20% from fiscal 2000 to 2016, while their net profit soared by nearly 40%. A look at some of the best performers suggests the growth can be chalked up to two key factors: globalization efforts and new business models.”
Tags: Best performers, Business models, Globalization, Growth, Japan, Net profit, Sales, Surge
Institutional Investor (January 9)
“Tiger-related funds are not celebrating the market’s 2016 surge.” While some “stock market investors have been whooping it up after the Standard & Poor’s 500 stock index posted an unexpectedly strong 9.5 percent gain last year,” Tiger funds were left licking their wounds. Wrong-footed by the election of Donald Trump, many Tigers tumbled far into the red, undoing solid performance earlier in the year.
Tags: 2016, Election, Investors, Performance, S&P 500, Surge, Tiger funds, Trump, Wrong-footed
Wall Street Journal (September 26)
“As the oil bust shows little sign of reversing, independent refiners in China have emerged as perhaps the most important, and little-known, force in oil markets today.” Known as “teapots,” these refiners accounted for the vast majority of the 13.5% surge in imports this year by China, which now rivals the U.S. as world’s largest crude importer.”
