Economy
Is the modern, bank-light financial system better than the old one?
The laughter is not so loud now. On January 27 the S&P 500 closed in correction territory, 10 per cent below its high at the beginning of the year (it has since regained some lost ground). The nasdaq composite, a tech-focused index, is down by 9.8 percent from its all-time high in November.
Energy
America Takes Pole Position on Oil and Gas
Russian exports, which normally account for about 30% of Europe’s gas use, dropped substantially because of Russian pricing. And with European gas prices about four times as high as normal, U.S. exports surged to fill the gap.
Health
Sharp drop in patient safety, infection control amid pandemic: 3 new findings
Since the COVID-19 pandemic began, metrics tracking healthcare-associated infections and other complications of care indicate significant deterioration of multiple patient safety measures, according to an analysis published Feb. 12 by The New England Journal of Medicine.
Murphy’s Law: Covid Capers
The first problem was that many nations ignored solid evidence of how covid19 spread and which people were most vulnerable to a fatal case of covid19.
Some have questioned the timing of the change with some suggesting the change could be for political reasons — to make it appear the number of hospitalizations is dropping significantly.
Resilience
No Proof Russian Troops Have Pulled Back, Yet
General Jens Stoltenberg says the alliance has yet to see signs on the ground to back up Russian claims that it has pulled back some troops from border areas with Ukraine, though there are signs from Moscow that it is willing to continue dialogue to give some room for hope that a crisis in the region can be averted.
The post Daily Digest 2/16 – Is the Old Bank System Better?; America Takes Lead in Supplying EU Oil and Gas; Patient Safety Declines; Time to Correct Hospital Designations appeared first on Peak Prosperity.
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