BUSINESS
The UK should be worried about emerging market comparisons
Bank of England Governor Andrew Bailey and the independent central bank may be all that prevents this unflattering label from sticking.
BUSINESS
Larry Page's flying car failure is a lesson for us all
The news was greeted with surprise by rival companies. Founded in 2010, Kittyhawk figured out early that it needed to make an aircraft as nimble as a car, rather than bolt some wings on an automobile.
BUSINESS
The strong dollar is about to pay some dividends
The UK’s plan to ignite growth with tax cuts and borrowings has knocked down the pound and sparked fears of capital flight.
BUSINESS
Oil markets are volatile but they’re not broken
Complaining that markets are broken suggests to me that somebody has traded on the wrong side of the recent tumble in oil prices, positioning for a rise that hasn’t happened.
BUSINESS
The Detroit of Asia now wants a shot at EVs
That position earned Thailand the moniker “the Detroit of Asia,” and with it came a comprehensive supply chain to feed the production of traditional internal combustion engines.
BUSINESS
A decision tree for Joe Biden if Vladimir Putin goes nuclear
For Putin, nuclear escalation wouldn’t be a way of snatching victory from the jaws of defeat, but of snatching survival — political or even physical — from the maw of oblivion.
BUSINESS
How a journalist, a bureaucrat and a king invented British majesty
It is impossible to watch all the exquisite choreography surrounding the funeral rites of Queen Elizabeth II without concluding it tells us something about the country’s soul: That the British have a genius for majesty the same way that the Americans have one for big business and the Italians for la dolce vita.
BUSINESS
Roger Federer and Serena Williams were the best ever. or maybe not
But were they? In every sport, we constantly hear claims that this one or that one is the greatest who’s ever played the game.
BUSINESS
Too much hype over Jackson Hole?
The index was typically up 0.5% after five days; 0.1% after 20 days; and 4.5% by the end of the year, counting from the day of the speech. In other words, the typical moves are less than one standard deviation, and there isn’t a whole lot of dispersion around the mean. The chair’s speech is generally no big deal.
WORLD
US President Joe Biden should pardon Donald Trump on one condition
Pardoning Donald Trump would be the best way to ensure he never runs for office again
BUSINESS
HSBC, Citigroup and the end of global banking
The global ambitions of both HSBC and Citigroup have been pared back, replaced by a narrower focus on core markets. The shift in strategy of the two banks tracks the arc of globalization
BUSINESS
A new normal is dividing the global chip industry
Most foundry stocks have declined over the past year, even with continued double-digit revenue growth, largely because the high rate of spending on new facilities heightens concerns that capacity will outstrip demand if a global recession hits
BUSINESS
Adam Neumann’s Flow isn’t his latest comeback, there was also Flowcarbon
After the disaster that was WeWork, its co-founder Adam Neumann has now come up with a new real-estate startup, Flowcarbon. Hopefully this project will fare better than Neumann's other ventures
BUSINESS
Vladimir Putin weaponizing winter is a likelihood Europe isn’t prepared for
You'd think in the context of a looming energy crisis, setting up lights would rank at the bottom of the list of priorities. I love Christmas as much as anyone, I hope that this year it comes wrapped in a reality check — for everyone.
BUSINESS
Singapore’s rental market is showing no sign of cooling off for expats
Among major global cities, Singapore tied with New York for the dubious distinction of the fastest rental increase in first half of 2022. But the pain for tenants isn’t over yet.
BUSINESS
Let’s not mince words while the global economy heads south
There’s a distressing geographic breadth to the slowdown. We shouldn’t obsess about what to call it.
BUSINESS
Ayman al-Zawahiri killing was a great success of a bygone era
After 9/11, the US built a man-hunting machine without parallel in human history. But today, priorities lie elsewhere.
BUSINESS
Food prices are falling. Why is there still a hunger crisis?
Cost is just one part of the equation: war, civil unrest and climate disasters all drive starvation and hinder recovery.
BUSINESS
Bangladesh outshone India. Now it must learn from its neighbour
Dhaka is suffering from growing pains but it can use an IMF bailout to further clean up its economy.
BUSINESS
Jack Ma surrenders on Ant Financial. Smart Move
Ceding control of the fintech will spare the multibillionaire harsh scrutiny from Chinese officials
BUSINESS
While Pakistan and Bangladesh are running to IMF, India has a not-so-secret weapon
Though in same choppy waters, India isn’t in same boat as its South Asian neighbours
TRENDS
After cannabis, Thailand takes steps to allow casinos to operate
The proposal comes as Thailand seeks to revive its all-important tourism industry, a key to rebooting the country’s economy.
WORLD
Sweden’s faux neutrality couldn’t survive Putin’s Ukraine war
Life can be pretty sweet for a non-aligned state as long as a superpower like the US guarantees its survival.
INDIA
Food and Fertilizers: Human Waste Could Supply the Nutrients Farmers Need
Human waste could be a huge source of agricultural nutrients as the costs of synthetics soar. All it would take are improvements in sewage treatment and some big changes in attitudes.
