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Many of the pressures are the same: decline of audiences, fragmentation of markets, loss of independent ownership to corporate conglomerating, the tyranny of Wall Street's reviews of short-term financial performance and so forth.
It created 5,000 Spanish jobs (directly and indirectly) in the past year as it expanded fibre-optic networks and repatriated call centres from South America, where costs had risen.Telefónica was hurt by the financial markets' loss of confidence in Spain, which pushed up financing costs.
"Severe challenges include early depletion of household food stocks, dysfunctional markets, loss of livelihoods and displacement - all resulting from protracted conflict," it said.
This makes it difficult to measure and mitigate risks, such as contagion in financial markets, loss of public confidence or disruption to infrastructure.
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Global markets' losses the last few weeks have made it even worse.
The risk of market loss of confidence is so substantial.
Arthur S opposed his cousin's plan to replace the lost $46m in the employee profit-sharing plan, arguing that a stock-market loss is a stock-market loss.
It was the second time BankAmerica reported an emerging-market loss in less than a month.
Italy, where some banks are thought to be vulnerable, suffered its biggest one-day stock market loss on record.
A.I.G.'s third-quarter results included a mark-to-market loss on A.I.A., its Asian insurance unit, of about $2.3 billion.
"Many people do as a substitute for loss: the loss of health, a loved one, a job, or a stock market loss.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com