Daily Briefing: May 18

The stat, the quote, and the read you need to start your day off right.

Stat

Not a single automobile was sold in the city of Shanghai last month, according to figures from the China Automotive Technology & Research Center. It demonstrates how severe the government's "zero Covid" policies have been for the economy, with some indicators of economic activity reaching their lowest levels since the epidemic began.

Quote

“At the moment we think Boeing management is running around like headless chickens.”

Michael O’Leary, the CEO of Irish airline Ryanair, summoned every curse word in the dictionary to chew out Boeing management for delivery delays. He stated:

“You wonder what the hell their sales team has done in the last two years ... Frankly most of them seem to [be] sitting at home in their f***ing jimjams working from home instead of being out there selling planes to customers.”

According to O' Leary, Ryanair has had to cut back its spring and summer itineraries owing to the fact that Boeing hasn't yet delivered the planes that were ordered.

Read

Liberals should be worried about the conservative comedy scene. (Politico)

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