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New York Times (September 22)

2022/ 09/ 22 by jd in Global News

“Rattling his nuclear saber, accusing the West of seeking to ‘destroy’ his country and ordering the call-up of 300,000 military reservists, Mr. Putin implicitly conceded that the war he started on Feb. 24 has not gone as he wished.”

 

The Economist (August 20)

2022/ 08/ 21 by jd in Global News

The Bank of Japan expects “prices will rise by 2.3% in the current fiscal year. That would be the first time prices outstrip the bank’s 2% target since it was introduced in 2013, excluding the impact of sales-tax hikes. The covid-19 pandemic and commodity shocks from the war in Ukraine seem to have done what years of loose monetary policy could not.”

 

Wall Street Journal (August 5)

2022/ 08/ 07 by jd in Global News

“China’s firing of missiles near Japan has left little doubt that Tokyo would be pulled into any potential war over Taiwan—and would be part of the U.S.-led alliance likely to defend the island.”

 

The Economist (May 21)

2022/ 05/ 23 by jd in Global News

“By invading Ukraine, Vladimir Putin will destroy the lives of people far from the battlefield—and on a scale even he may regret. The war is battering a global food system.” Russia and Ukraine produce roughly 12% of all traded calories. If “the war drags on and supplies from Russia and Ukraine are limited, hundreds of millions more people could fall into poverty. Political unrest will spread, children will be stunted and people will starve.”

 

Wall Street Journal (April 26)

2022/ 04/ 27 by jd in Global News

“Worries about the war in Ukraine, China’s Covid-19 outbreak, a U.S. or European recession and surging global inflation are making a long-spurned asset increasingly popular with Wall Street’s top money managers these days: cash.” Increasingly asset managers “are looking to move funds into low-risk, cash-like assets. That marks a shift from recent years, when steadily climbing equity indexes trained investors to buy every dip and not miss out on gains by holding cash.”

 

New York Times (April 3)

2022/ 04/ 04 by jd in Global News

“Though this war is far from over, and Vladimir Putin may still find a way to prevail and come out stronger, if he doesn’t, it could be a watershed in the conflict between democratic and undemocratic systems.”

 

Investment Week (March 28)

2022/ 03/ 30 by jd in Global News

Global dealmaking has dropped “to its lowest level since the start of the Covid-19 pandemic…. Just over $1trn of deals were struck in the first quarter of 2022, nearly a quarter less than the same period last year.” Primary factors behind slowing M&A activity appear to be “tougher regulations on both sides of the Atlantic, soaring inflation and Russia’s invasion of Ukraine.”

 

Bloomberg (March 27)

2022/ 03/ 29 by jd in Global News

“Prices for some of the world’s most pivotal products – foods, fuels, plastics, metals – are spiking beyond what many buyers can afford. That’s forcing consumers to cut back and, if the trend grows, may tip economies already buffeted by pandemic and war back into recession.”

 

Deutsche Welle (March 25)

2022/ 03/ 27 by jd in Global News

Before the war in Ukraine, “Germany received 50% of its coal, 55% of its gas, and 35% of its oil from Moscow.” The country now plans “to almost completely end Russian energy imports by the end of the year.” Achieving the plan means “a considerable amount of progress would be made in a short space of time, as the West is rushing to wean itself off Russian energy amidst the invasion of Ukraine.”

 

Forbes (March 24)

2022/ 03/ 25 by jd in Global News

In his latest letter to shareholders, BlackRock Chairman Larry Fink noted that “the war between Russia and Ukraine has heralded the end of globalization, as the conflict has upended the current world order that has been in place since the Cold War and will have lasting global economic consequences.”

 

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