CNBC (March 1)
“A run on Russian banks is underway.” In the wake of “unprecedented sanctions” imposed by the EU and U.S. for the invasion of Ukraine, the ruble “dropped dramatically in Monday’s trading. Lines at ATMs snaked down sidewalks and around buildings in Moscow and at Russian banks in Europe as depositors rushed to withdraw cash.”
Tags: ATMs, Banks, Depositors, EU, Invasion, Lines, Moscow, Ruble, Run, Russia, Sanctions, Trading, U.S., Ukraine, Unprecedented, Withdraw
The Guardian (February 28)
“Moscow is bracing for economic panic when markets open on Monday morning, with the value of the rouble expected to plummet at least 25% after the US and European Union announced unprecedented sanctions over the weekend.” The resulting economic turbulence “will mark a key moment when the gravity of the crisis in Ukraine hits home for many ordinary Russians.”
Tags: Bracing, Crisis, Economic panic, EU, Gravity, Markets, Moscow, Ordinary Russians, Plummet, Rouble, Sanctions, Turbulence, U.S., Ukraine, Unprecedented
Los Angeles Times (August 19)
“With more than a million acres burned fairly early in the fire season, California is entering uncharted territory as the record dry conditions that have fueled so much destruction will soon combine with seasonal winds that fire officials fear will bring unprecedented dangers.” Many experts fear for the *fire-prone state” as the *impending arrival of strong Santa Anas and Diablos — which typically move in around mid-September — could mark even more misery for weary residents and beleaguered fire crews.”
Tags: Beleaguered, Burned, California, Dangers, Destruction, Dry, Early, Fire crews, Fire officials, Fire season, Million acres, Misery, Seasonal winds, Uncharted, Unprecedented, Weary
BBC (August 17)
“Unprecedented levels of dam building and water extraction by nations on great rivers are leaving countries further downstream increasingly thirsty, increasing the risk of conflicts.” During the 20th Century, “global water use grew at more than twice the rate of population increase.” As a result, water crises have consistently ranked high in the World Economic Forum’s Global Risks and look poised to become an increasing source of conflict.
Tags: Conflict, Conflicts, Crises, Dam building, Downstream, Extraction, Population, Risk, Rivers, Thirsty, Unprecedented, Water, Water use
San Francisco Chronicle (August 13)
“The wildly infectious delta variant that has raged across the world and forced the United States into a fourth—and in some places unprecedented—surge has reshaped the coronavirus pandemic into a plague that may take many more years to come to an end.”
Tags: Coronavirus, Delta, Infectious, Pandemic, Plague, Raged, Surge, U.S., Unprecedented, Variant
US News and World Report (July 17)
“Just as the European Union was announcing plans to spend billions of euros to contain climate change, massive clouds gathered over Germany and nearby nations to unleash an unprecedented storm that left death and destruction in its wake.” Both politicians and weather forecasters were left “shocked at the ferocity of the precipitation that caused flash flooding that claimed more than 150 lives.”
Tags: Climate change, Death, Destruction, EU, Euros, Ferocity, Forecasters, Germany, Politicians, Precipitation, Shocked, Storm, Unprecedented, Weather
Financial Times (March 18)
“A long-awaited showdown between Toshiba and its two largest investors has ended in embarrassment for the conglomerate and an unprecedented show of shareholder strength in Japan. The landmark vote in favour of a probe into Toshiba’s conduct follows five years of increasingly confident shareholder activism against the conservative bastion of corporate Japan.”
Tags: Activism, Conduct, Confident, Conglomerate, Conservative, Corporate Japan, Embarrassment, Investors, Japan, Landmark vote, Showdown, Strength, Toshiba, Unprecedented
Mercury News (February 17)
“Despite an unprecedented 2.4 million jobs lost in the spring, Californians joined fellow Americans in paying down interest-heavy debt such as credit card bills while acquiring wealth-building loans by taking out mortgages…. But looks can be deceiving.” Aggregate figures can obscure real suffering. “Millions of Californians suffering job losses have accumulated crippling debt that goes uncounted in national measures: unpaid rent, utility bills, borrowed money from loved ones and, in some cases, predatory loans.”
Tags: California, Credit card, Debt, Interest, Jobs, Loans, Mortgages, Predatory, Rent, Suffering, U.S., Uncounted, Unprecedented, Utility bills, Wealth-building
Fort Worth Star-Telegram (February 16)
“Once again, Texans are suffering because of a failure of disaster planning and investment to prepare for the worst. First, it was the pandemic…. This time, it’s an unprecedented — but, importantly, not unpredictable — stretch of cold weather and storms blanketing the entire state.” The resulting power outages could have been prevented. “There must be accountability. People must be fired. Companies must be fined and required to do better. Winterization of power plants must be a priority.”
Tags: Accountability, Cold, Disaster planning, Failure, Fined, Fired, Investment, Pandemic, Power outages, Prepare, Storms, Suffering, Texans, Unprecedented, Weather, Winterization
Houston Chronicle (June 8)
“The coronavirus pandemic and the unprecedented plunge in energy demand has forced oil companies to shut down wells by the thousands, providing another test of a shale industry that restored the U.S. as a leading global producer and spurred Houston’s economy for more than a decade.”
Tags: Coronavirus, Energy demand, Oil companies, Pandemic, Plunge, Shale, Shut down, U.S., Unprecedented, Wells
