Hareesh VTrade war worries that fanned fears of a possible recession adversely hit the global economy, particularly that of the US and China. The prolonged uncertainty about trade policies between the world’s two largest economies also hit global trade and demand for commodities.Escalation of hostilities has led to most industrial metals lose ground, suppressing prices in a tight range near its multi-year lows.Close Chinese industries are the key consumers of all base metals. The trade dispute has roiled the Chinese manufacturing sector and demand for industrial commodities. related news Silver futures rise Rs 171 to Rs 44,043 per kg Crude oil futures slip on weak global cues The industrial red metal, copper, gained in the first four months of the year on optimism that the two sides would resolve the dispute and spur demand.But, prices dropped to a two-year low later as there were no signs of a breakthrough.Aluminium, a widely used industrial metal in the automobile … [Read more...] about Should one bet on aluminium, zinc, copper amid trade disputes, slowdown gloom?
Aclu voter suppression
Mark Zuckerberg has been defiant about his decision to continue selling political ads on Facebook, even ones that feature flatly false statements by politicians. advertisement advertisement But according to professor and digital rights advocate David Carroll, Zuckerberg’s arguments—that political ads are expressions of free speech that the public should have access to—don’t hold up. Carroll, who is best known for suing Trump-connected political data firm Cambridge Analytica, which was chronicled in the Netflix documentary The Great Hack, argues that a massive social network that microtargets ads at narrowly defined groups of people shouldn’t be a major distributor of political information. That’s because if people only see advertisements focused just on the issues that get them the most riled up, they can’t have an informed conversation with their neighbors. Here’s how microtargeting works: Campaigns come to Facebook and ask the … [Read more...] about There could be a simple solution to Facebook’s political ad woes
A top-10 worst feeling in the world is learning that you’ve been manipulated. advertisement advertisement Most people either believe themselves too sharp and savvy to be fooled, or they believe in the inherent goodness of others. Getting tricked, though, instantly and unambiguously obliterates both notions. This feels terrible. It feels so bad, in fact, that some people’s gut reaction upon learning they’ve been fooled is to convince themselves that, actually, they weren’t fooled, thank you very much; there’s been a mistake, you must be thinking of someone else. This is the reason very few people would willingly admit that the ads, articles, and videos that Cambridge Analytica created for Facebook in 2016 had any impact on the way they voted that year. By now, it should be rather obvious that there is no one explanation for how the last presidential election turned out. Russians didn’t engineer Trump’s presidency. Neither did Jill … [Read more...] about Why the average Facebook user needs to watch Netflix’s ‘The Great Hack’ right now
If there’s anything that’s certain in life, it’s that things will happen that are outside of our control. Sure, we can change our environments to reduce the chances of certain things happening and do our best to prepare for worst-case scenarios, but we can’t predict if (or when) they will happen. advertisement advertisement As a result, mindfulness experts and psychologists often tout the benefit of letting go of control and accepting uncertainty. An excessive need to control can lead to unproductive stress, because it often puts people in an extended “fight or flight” mode. As authors Judah Pollack and Olivia Fox Cabane previously wrote in Fast Company, operating in this state “exhausts our nervous systems” and “leaves us wiped out, jittery, craving an end.” The importance of letting of control When our brain is in this state, it’s fatigued and desperate to create certainty, so it tries to do just that. … [Read more...] about 5 mindfulness techniques for letting go of control
Novartis is buying the Japanese generics unit of South Africa's Aspen Pharmacare in a deal worth up to 400 million euros ($440.80 million) to expand in the world's third-biggest drug market, the Swiss drugmaker said on November 11.Novartis's Sandoz generics business agreed to pay 300 million euros initially, plus a deferred amount not expected to exceed 100 million euros based on certain conditions being met, Novartis said. Completion of the transaction is expected in the first half of 2020.Aspen Pharmacare has abandoned its dividend this year and is selling assets to pay down debt after levels moved close to breaching debt covenants.Close Novartis's Sandoz is adding Aspen's Japan business in part to boost access to hospitals there. The South African's portfolio consists of 20 off-patent medicines with annual sales of 130 million euros, including anaesthetics like Xylocaine as well as speciality brands such as the immune suppressing drug Imuran used by some multiple sclerosis patients. … [Read more...] about Novartis buys Aspen’s Japanese generic unit for up to 400 million euros