BUSINESS & ECONOMICS EDITOR'S PICK A Look At The Global Economy In 2023 Key Takeaways: EU energy ministers have capped gas prices at €180 (£159) per megawatt hour (MWh) for this winter. The cap is an attempt to control the unruly market forces that saw gas prices spike to nearly €340/MWh last summer. Political intervention risks repeating mistakes made by the US during the 1970s oil price shocks. […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK What We Can Learn From Kanye West And Adidas Key Takeaways: Brand collaborations are strategic partnerships between two or more brands. When done well, the collaboration helps both partners grow their brands and amplify a shared message. But just like any marriage, it doesn’t always go well; recent examples include Yeezy’s breakups with Gap and Adidas. Adidas has ended its partnership with Yeezy after […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE Lessons From The Dramatic Collapse Of Crypto-Exchange FTX In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November 2022, the second-largest cryptocurrency exchange, FTX, was valued at more than US$30 billion. By Nov. 14, FTX was in bankruptcy proceedings along with more than 100 companies connected to it. D. Brian Blank and Brandy Hadley are […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK How Flooding Impacts The Economy Key Takeaways: The impacts of natural disasters, in particular those related to climate change, have been attracting growing attention. The results show that floods hamper GDP, with the extent depending on how financial intermediary activities respond to the floods. The study is related to a growing literature that quantifies the impact on natural disasters such […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE The Global Debt Crisis & How We Can Solve It Key Takeaways: Countries across the world are drifting towards a debt crisis. Unfortunately for many emerging economies, the reserves they hold are simply not enough to cover all of these demands – especially after energy prices soared when Russia invaded Ukraine. Other countries are turning to some of the oil-rich gulf states currently profiting from […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY The Strategies Of Tech Giants For Economic Downturn Key Takeaways: Rising inflation and looming recessions are squeezing household finances, but businesses also worry about an economic downturn. With the Standard & Poor’s 500 stock market index down 17% in the year to date, and the Nasdaq 100 tech sector index down 33%, market uncertainties can affect a company’s ability or willingness to spend […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK Getting To Net-Zero Key Takeaways: With the federal government promising over US$360 billion in clean energy incentives under the Inflation Reduction Act, energy companies are already lining up investments. Some have resisted clean energy mandates. At a regional scale, industry leaders said, it can be easier to identify shared goals. However, as utilities from more far-flung (and less […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK Are We Over Worrying About Inflation? Key Takeaways: Today, with US annual inflation still above 8%, one in five Americans consider it the country’s biggest problem – spelling trouble for the Democrats at the November mid-terms. Scarcely had this autumn started than 70,000 people gathered in Prague to protest energy hikes, blaming the EU and Nato. Shoppers would see milk climbing […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK SOCIOLOGY STRATEGY Prediction Markets: How To Predict The Future Key Takeaways: Wikipedia posits a handful of contenders for Physiology or Medicine, about 20 different possible winners for the Peace Prize and several dozen potential winners of the Literature Prize. Each stock’s price is tied to a different event happening in the future. Despite using different devices to keep up engagement, such as leader boards […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE The Fundamental Purpose Of Money Key Takeaways: With no way to buy stuff, you might need to produce everything you wear, eat or use unless you could figure out how to swap some of the things you made for other items. Specializing and bartering Economists believe that using money makes it a lot easier for everyone to specialize, focusing their […] Saving Bookmark this article Bookmarked
The Science Of Ancient Egyptian Mythology Key Takeaway: A recent study has found an intriguing link between an Egyptian goddess, Nut, and the Milky Way. The Milky Way, a celestial body, is believed to be linked to Nut, the Egyptian goddess of the sky who swallowed the Sun and gave birth to it. However, attempts to map Nut’s body onto the […] Written by Or Graur May 7, 2024May 7, 2024 Saving Bookmark this article Bookmarked
What Vietnam Can Teach Us About The Vulnerabilities Of Banks Key Takeaway: Vietnam’s businesswoman Truong My Lan was sentenced to death for taking out $44 billion in fraudulent loans from Saigon Commercial Bank (SCB) by bypassing a law that prevents anyone from owning more than 5% of a bank’s shares. The loans made up 93% of the bank’s entire lending portfolio. The case highlights the […] Written by George Kladakis May 6, 2024May 6, 2024 Saving Bookmark this article Bookmarked
Should TikTok Be Banned? Key Takeaway: President Biden signed a US$95 billion foreign aid bill in April 2024, allowing TikTok’s parent company, ByteDance, to sell the app. If the law stands, TikTok will be blocked from any US app store or web-hosting service, affecting over 170 million US users, including 62% of Americans aged 18 to 29. Critics argue […] Written by Sarah Florini April 26, 2024April 26, 2024 Saving Bookmark this article Bookmarked
Being Thoughtful In The Age Of A.I. Key Takeaway: Concerns about AI’s potential roguehood and potential harm to privacy and dignity are a significant concern. AI’s algorithms, programmed by humans, are also biased and discriminatory. However, a psychologist’s research suggests that AI is a threat to making people less disciplined and skilled in making thoughtful decisions. Making thoughtful decisions involves understanding the […] Written by Joe Arvai April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Are Single People Happier? The Science Of Being Single Key Takeaway: A study published in the Journal of Personality suggests that long-term single people can be secure and thriving, possibly due to their attachment style. The research found that 78% of singles were insecure, with 22% being secure. Secure singles are comfortable with intimacy and closeness in relationships, while anxious singles worry about rejection […] Written by Yuthika Girme April 23, 2024April 23, 2024 Saving Bookmark this article Bookmarked
The Greater Secrets Of Stonehenge Key Takeaway: A project involving archaeologists, astronomers, and photographers from English Heritage, Oxford, Leicester, and Bournemouth universities, as well as the Royal Astronomical Society, aims to study the lunar alignment at Stonehenge. The project aims to identify the layout of certain stones and the major lunar standstill, which occurs when the northernmost and southernmost moonrises […] Written by Fabio Silva April 22, 2024April 22, 2024 Saving Bookmark this article Bookmarked
Time May Not Exist Key Takeaway: Modern physics suggests that time may be an illusion, as Einstein’s theory of relativity suggests the universe is a static, four-dimensional block. J.M.E. McTaggart, an English philosopher, published a paper in 1908 arguing that time is unreal using logic alone. He proposed two ways to describe time: the “B-series” and the “A-series”. The […] Written by Matyás Moravec April 19, 2024April 19, 2024 Saving Bookmark this article Bookmarked
Rethinking Education Key Takeaways: The Industrial model of education that fueled the modern era and its dizzying reach did its job incredibly well. In his writing, Flynn illustrates study after study, spanning nations and decades, in which modern educational gift of abstraction — a transcendent sign of intelligence, as we saw in Raven’s Matrices — has been […] Written by Anthony Fieldman March 2, 2022October 19, 2022 Saving Bookmark this article Bookmarked
How China Is Transforming Its Economy Through Learning I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […] Written by Enrique Dans February 1, 2021February 1, 2021 Saving Bookmark this article Bookmarked
Why You’re Not Seeing Success With Influencer Marketing With the new year around the corner, now is a good time to re-evaluate your past marketing strategies and gear up for the year ahead. For some businesses, influencer marketing has simply not seemed to live up to its lofty promises of genuine engagement, credibility, and transparency. Some have claimed that it has been failing […] Written by Michael Tan January 14, 2021January 15, 2021 Saving Bookmark this article Bookmarked
A New Philosophy of Business I’m about to ask you to take a mental leap. For the next 8 minutes, suspend your notions of what a business is, and I’ll propose a new lens for you to look through. There are a lot of questions asked around what “community” means for business. “Where should community fit in my organization?” and […] Written by Empirics Asia September 5, 2018September 5, 2018 Saving Bookmark this article Bookmarked
