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In its report, the firm said banks risk “becoming footnotes to history” as new entrants change consumer behavior. Most recent attempts by banks to boost efficiency have been “business-as-usual,” it said.
"Westerners tend to identify China’s coming political crisis with developments such as the brave, educated, and often English-speaking protests in Hong Kong. Although they undoubtably pose an annoyance to Xi Jinping’s regime, the real existential challenge to the regime derives not from China’s middle orders but from the very classes ...Read More
From the Italian Renaissance-style Lord & Taylor building on New York’s Fifth Avenue to the postmodernist landmark One Poultry in London, WeWork has swept up office space at an unprecedented rate since opening its first location in Manhattan less than a decade ago. But the shared office provider’s breakneck expansion is set for a sudden slowdown, cutting out a significant source of demand in the large urban property markets where it operates. ...Read More
As someone who sees things visually, and wonders how much money exists in the world and how, and compared to other things - that I have no education on, these info graphs are super interesting but came out two years ago, I am sure crypto has changed.
The Daily Beast talks to farmers, Inhabit.global, and discovers a network across North America laying the foundations for autonomy while this civilization is gripped with all the anxieties that climate change is bringing.
"The Yale philosopher Thomas Pogge argues that when it comes to global poverty, the morally relevant metric of progress is neither absolute numbers nor proportions nor even the trajectory of poor people’s incomes, but rather the extent of poverty compared to our capacity to end it. By this yardstick, he ...Read More
Just a few months before he steps down as Bank of England governor, Carney offered his vision for the international economy. Carney laid out a radical proposal for an overhaul of the global financial system that would eventually replace the dollar as a reserve currency with a Libra-like virtual one.
The duel is one of the most fascinating, and significant events, in corporate America. The investigator alleges that what appears to be a highly qualified team doesn't comprehend its own accounting, and fails to recognize that it's virtually insolvent––and may even be cooking the books––while GE claims that its attacker ...Read More
Why do people call Mitch Mcconnell “#MoscowMitch” ? For the same reason that tied Obama’s hands from exposing Russian Interference in 2016, the reason Trump won in 2016, and that Oleg Deripaska invested $200 million in Kentucky: Traitor Mitch Mcconnell. This piece from Rachel Maddow, out today, blows the lid off just how bad Russia's infiltration already IS!! Where are our elected leaders in fighting against this? Should be required watching by all Americans.
In 2009 Elinor Ostrom made her Economic Nobel Prize thanks to her works about Governing the Commons. In 2019, Giveth.io and Block Science are looking to escalate worldwide what she found in her researches.
This paper summarises the dilemma associated with using mainstream, macroeconomic models to guide disruptive, transformative change such as those that might occur under ‘deep decarbonisation’: a rapid transition to a net-zero carbon economy.