Bloomberg (September 13)
“President Donald Trump’s most concrete step to rein in unprecedented US budget deficits — sweeping tariff hikes — faces the danger of a legal reversal that would put the nation’s finances on an even shakier footing.” While expert opinion is somewhat divided on the rationale for tariffs, “few disagree that tariff hikes are indeed generating a new stream of cash for the Treasury,” a stream that could disappear with the impending Supreme Court decision, placing “Trump’s deficit plan at risk.”
Tags: Budget deficits, Danger, Decision, Expert, Finances, Legal reversal, Opinion, Rationale, Risk, Shakier, Supreme Court, Tariff hikes, Treasury, Trump, U.S., Unprecedented
The Guardian (April 6)
“An unprecedented leap of 38.5C in the coldest place on Earth is a harbinger of a disaster for humans and the local ecosystem.” The record-setting leap at documented Concordia research station, along with other “events have raised fears that the Antarctic, once thought to be too cold to experience the early impacts of global warming, is now succumbing dramatically and rapidly to the swelling levels of greenhouse gases that humans continue to pump into the atmosphere.”
Tags: 38.5C, Antarctic, Atmosphere, Coldest, Concordia, Disaster, Earth, Ecosystem, GHG, Global warming, Harbinger, Humans, Impacts, Succumbing, Unprecedented
Washington Post (April 1)
“Earth has a long-running fever that shows little signs of easing. The planet has set high temperature records in each of the last nine months, and March is poised to become the 10th. Multiple locations around the world observed unprecedented heat on the month’s final weekend, as if to put an exclamation mark on this exceptional run of warmth.”
Tags: Earth, Exceptional, Fever, Heat, High, March, Planet, Records, Temperature, Unprecedented, Weekend, World
CNN (November 21)
“Given the life-altering potential of AI – that even if it doesn’t kill us all, it will almost certainly change human existence in unprecedented ways at unprecedented speed – we all have a stake in how it’s being developed…. And we all have a stake in whose interests AI will serve – and right now, its development is being funded with billions of dollars by people expecting to make a huge profit.”
Tags: AI, Development, Funded, Human existence, Interests, Life-altering, Potential, Profit, Stake, Unprecedented
New York Times (April 5)
“With the release of the indictment and accompanying statement of facts, we can now say that there’s nothing novel or weak about this case…. Whatever happens next, one thing is clear: Mr. Trump cannot persuasively argue he is being singled out for some unprecedented theory of prosecution. He is being treated as any other New Yorker would be with similar evidence against him.”
Tags: Evidence, Indictment, New Yorker, Novel, Prosecution, Singled out, Statement of facts, Trump, Unprecedented, Weak
Reuters (November 28)
“Thousands of people are taking to the streets in several cities across the country in an unprecedented protest against the government’s stringent COVID restrictions.” This sort of unrest “does not happen very often, and the world is watching intently to see how Beijing handles the brewing crisis.”
Tags: Beijing, China, Cities, COVID restrictions, Government, People, Protest, Stringent, Thousands, Unprecedented, Unrest
South China Morning Post (October 20)
“China faces an urgent need to devise a counterplan in the face of sweeping new tech controls imposed by the United States, as the implications of its unprecedented moves are seen extending far beyond China’s semiconductor industry and into advanced sectors that Beijing deems critically important drivers of future economic growth.”
Tags: Advanced sectors, China, Counterplan, Future economic growth, Implications, Semiconductor industry, Sweeping, Tech controls, U.S., Unprecedented, Urgent
Washington Post (September 29)
“Climate change is rapidly fueling super hurricanes. An unprecedented number of storms rated Category 4 or stronger have lashed the U.S. shoreline in recent years.” Factors include “the warming waters…that give hurricanes more energy to release through crushing winds and pounding waves.” Moreover, climate change may be slowing the movement of storms, giving them “a greater opportunity to strengthen and destroy as long as day-to-day conditions remain ripe.”
Tags: Category 4, Climate change, Energy, Factors, Fueling, Hurricanes, Shoreline, Storms, Super hurricanes, U.S., Unprecedented, Warming, Waters, Waves, Winds
Fortune (September 4)
“The Pandemic Housing Boom saw U.S. home prices spike an unprecedented 43% in just over two years. But that’s over now: Spiked mortgage rates have pushed the U.S. housing market into a sharp slowdown that could threaten some of those gains.” Estimates on potential 2023 home price changes range from +2.4% to -15%, with nearly all certain that some regions will decrease.
Tags: 43%, Gains, Home prices, Housing boom, Mortgage rates, Pandemic, Slowdown, Spike, Threaten, U.S., Unprecedented
Financial Times (June 2)
“Cloudy with chance of hurricanes for Wall Street.” Jamie Dimon the head of JPMorgan Chase, started the rush to use “meteorological metaphors to make sense of the economic turbulence.” After speaking of big storm clouds and a hurricane striking the economy, other bankers followed suit. Only a few, like Goldman Sachs chief John Waldron, refused to play along. He rejected the use of “any weather analogies,” but largely agreed the outlook is complex and dynamic, “The confluence of the number of shocks to the system, to me, is unprecedented.”
Tags: Bankers, Cloudy, Complex, Dimon, Dynamic, Economic turbulence, Economy, Goldman Sachs, Hurricane, Hurricanes, JPMorgan Chase, Metaphors, Meteorological, Shocks, Storm clouds, Unprecedented, Waldron, Wall Street
