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New York Times (September 16)

2022/ 09/ 16 by jd in Global News

“Pessimism is deepening as bellwether companies like FedEx and General Electric warn of worsening economic and business conditions.” On Friday, stocks declined, “ending one of the worst weeks of the year for Wall Street.” This may just be the start of bad news. “A parade of prominent investors and corporate executives made it clear that they believed the worst was yet to come for the economy and financial markets.”

 

Oil Price.com (September 6)

2022/ 09/ 08 by jd in Global News

“The leadership of the European Union has been hard at work these days, trying to find a lasting solution to an energy crisis that is worsening by the day. Yet the way they are approaching the solution is unlikely to produce any lasting results…. It has been compared to a Ponzi scheme.”

 

Wall Street Journal (August 12)

2021/ 08/ 13 by jd in Global News

“The rapidly-spreading coronavirus Delta variant and its impact on the global economy mean the world will consume less oil this year,” Lowering its forecast, the IEA’s latest market report notes that “the worsening of the pandemic, as well as revisions to historical data, mean its global oil demand outlook has been “appreciably downgraded,” with some of this year’s forecast recovery shifted to 2022.”

 

LA Times (November 4)

2017/ 11/ 05 by jd in Global News

“The global climate is in trouble, worsening faster than experts believed only two years ago, and ambitious international steps to address the problem have been insufficient thus far.” Since the Trump administration isn’t going to tackle this critical challenge, “the rest of us need to step up.”

 

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