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The Irish Times (September 7)

2020/ 09/ 07 by jd in Global News

With nearly 50,000 new cases last week, “Spain passed a grim milestone of recording more than half a million coronavirus cases on Monday, becoming the first western European country to do so amid a steep upward trend that is mirrored in neighbouring France.” Moreover, there is “significant concern” that the UK is moving down the same path to resurgence. All this comes as wet pubs look poised to reopen in Ireland on September 21.

 

Financial Times (August 25)

2020/ 08/ 26 by jd in Global News

“Things are bad. Silicon Valley is choking on wildfire smoke. Louisiana is expected to be hit by two hurricanes this week. Britain had its wettest February on record and faces it lowest wheat harvest since the 1980s…. We either hammer carbon emissions or they will hammer us every year harder and harder.”

 

Investment Week (August 24)

2020/ 08/ 25 by jd in Global News

“Global dividends plummeted by $108.1bn to $382bn in Q2 this year… marking an underlying decline of 19.3% – the biggest fall seen…. All regions except the US suffered a drop in pay-outs, with the UK and Europe seeing the biggest falls at 54% and 45% respectively on an underlying basis.” By comparison, Japan fared well with payouts falling just 3.1% and “four-fifths of companies actually increasing or maintaining their dividends.”

 

Billboard (August 17)

2020/ 08/ 18 by jd in Global News

The UK music scene “may soon be unrecognizable because of the coronavirus pandemic, which has plunged the U.K. economy into its worst recession on record.” While socially-distanced live music has resumed, under a third of venues can meet the requirements and most “would lose too much money on these reduced-capacity shows for it to be economically feasible.” Music Venue Trust, a charity which represents 670 grassroots venues, estimates that “more than 400 across the country are in crisis.”

 

The Guardian (July 29)

2020/ 07/ 30 by jd in Global News

“Ireland’s place in the global hierarchy appears on the rise, and the UK has continued marvelling at the shrewd cunning of their plucky little neighbour.” But some of the praise seems unwarranted. “Ireland hasn’t turned into some 24th-century futurist utopia so much as installed sensible public policy that should seem unremarkable in a modern democracy.” It’s simply that Ireland’s “mild competency… can appear to be stone-cold genius compared with the UK’s blundering mess.”

 

BBC (July 25)

2020/ 07/ 27 by jd in Global News

“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.

 

The Guardian (July 15)

2020/ 07/ 16 by jd in Global News

“Brexit was meant to make Britain global. It has made us friendless.”

 

Foreign Policy (June 22)

2020/ 06/ 22 by jd in Global News

“India has crossed two bleak landmarks in its battle against the coronavirus. The country has now reached over 400,000 infections, making it the fourth-worst-hit country in the world, overtaking Britain, Spain, and Italy. But it’s also lifted its 76-day lockdown.” In order “to stave off economic disaster,” the country is now “walking head-on into a pandemic at its peak.”

 

The Economist (May 23)

2020/ 05/ 25 by jd in Global News

Have we reached “peak capital?” It seems London may be entering “a covid-accelerated decline,” in a shift that “could reverse three decades of ascendancy.” The UK may be “levelled up” as Boris Johnson promised, but primarily by levelling down London.

 

Reuters (April 20)

2020/ 04/ 21 by jd in Global News

“Income tax was introduced in the United Kingdom in 1799 to fund the Napoleonic Wars against France. America imposed the tax in 1861 to pay for its civil war. The coronavirus pandemic is not literally a war. But it will lead to massive debts and eventually higher taxes.”

 

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