In a year marked by economic upheaval, war in Ukraine and the persistent Covid-19 pandemic, the European Commission’s first-ever female leader has stood steady and strong. D elivering her annual state of the union address to the European Parliament in Strasbourg, France, in September, Ursula von der Leyen, the European Commission’s first female president, made a striking visual political statement. She was dressed in a bright yellow blazer and a royal blue blouse and, standing in front of the European Union’s 12 gold stars, she looked like a living, breathing Ukrainian flag. “This is a war on our energy, a war on our economy, a war on our values and a war on our future,” she said, speaking of Russia’s unprovoked invasion of Ukraine. “This is about autocracy against democracy.” She went on to make a pledge: “I want to make it very clear, the sanctions are here to stay. This is the time for us to show resolve, not appeasement.” Some citizens of EU countries face a cold … [Read more...] about Meet The World’s Most Powerful Woman: Ursula Von Der Leyen, President Of The European Commission
Highest paid player in the world
Joe Biden The U.S. Supreme Court on Thursday agreed to hear President Joe Biden's bid to reinstate his plan to cancel billions of dollars in student debt after it was blocked by a lower court in a challenge by six states that have accused his administration of exceeding its authority. An injunction issued on Nov. 14 by the St. Louis-based 8th U.S. Circuit Court of Appeals blocking the program will remain in place for now, as the justices deferred taking action on Biden's request to immediately lift it. But they agreed to fast-track the case, saying in a brief order they will hear arguments in their session that runs from late February to early March. The challenge to the Democratic president's policy was brought by Arkansas, Iowa, Kansas, Missouri, Nebraska and South Carolina. Five of those six states are Republican governed while the other, Kansas, has a Republican attorney general. The policy faces another legal hurdle as the administration contests a separate Nov. … [Read more...] about US Supreme Court to hear Joe Biden’s bid to reinstate student debt plan
Football fans cheer on Gwanghwamun Square in central Seoul early Tuesday during the match between Korea and Brazil for the 2022 Qatar World Cup. [NEWS1] In below freezing weather, 33,000 Korea football fans turned out Tuesday morning to watch their team on big TVs and cheer in Gwanghwamun Square, central Seoul, even as the odds suggested defeat was all but certain. The Taeguk Warriors did end up losing 4-1 to Brazil, the favorite by far, in the 2022 Qatar World Cup match. With that, a dramatic and surprising run for Korea's national football team ended. It was a sea of red in the tightly packed square, broken by the occasional Korea flag and placards held high. SWAT teams and riot police were at the ready, and extra trains were scheduled to keep the crowds moving. Members of the Red Devils fan club and other supporters showed up for the 4 a.m. game, and then headed for a bus or metro stop when the match ended at 6 a.m., some going straight to work. “I have been watching the … [Read more...] about Cold and the odds were no match for Team Korea fans
Share to Twitter Share to Linkedin The exit of another senior Salesforce executive, Slack cofounder Stewart Butterfield, has pushed the software company’s stock to its lowest level since March 2020 following co-CEO Bret Taylor’s resignation last week. Elon Musk faces mounting legal issues at both Twitter and his Neuralink brain implant business. Fervor about artificial intelligence breakthroughs that can see algorithms imitate writing and art is trickling through into startup valuations . Sign up here to get the Forbes Daily Dozen morning newsletter straight to your inbox. In The News Today Elon Musk’s Neuralink—which promises to enable a direct interface between the human brain and computers—is being investigated by the federal government for alleged violation of the Animal Welfare Act over staff complaints about animal testing standards at the company . Billionaire media mogul Rupert Murdoch will be deposed next week in … [Read more...] about Daily Dozen | Forbes: Inside Musk’s Twitter; Salesforce Shock Exits; Runaway AI
Melbourne (Photo: Linda Xu via Unsplash) Melbourne is the capital of the Australian state of Victoria, which has nine public universities — four of which have both a university and a Technical and Further Education (TAFE) division. Universities in Victoria 1. Australian Catholic University 2. Deakin University 3. La Trobe University 4. Monash University 5. RMIT University 6. Swinburne University of Technology 7. The University of Melbourne 8. Victoria University 9. Federation University Australia Universities in Melbourne • The University of Melbourne get a Quacquarelli Symonds (QS) overall score of 86.2. The highest ranked of universities in Melbourne, and Australia’s second-oldest university, this university is ranked 31st in the world. It is ranked 17th globally in life sciences and medicine by 2022 QS World Ranking by Subject. • Monash University gets a QS overall score of 80.1. Ranked 69th in … [Read more...] about Study Abroad: Looking for a ‘best student city’? Head to Melbourne
The benchmark indices in India are now trading at their highest ever levels. In fact, in the past one year, India (+9.6%) has been one of the best performing equity markets in the world, in line with the emerging market peers like Brazil (+8%), Russia (+9%), and Indonesia (+7.5%) among others. Only a few emerging markets like Venezuela (+107%), Argentina (108%), and Egypt (+15%) have done much better. For many Indian investors these statistics could be meaningless. To some it may actually be annoying as the performance of their individual portfolio may not be reflecting the benchmark performance. Regardless, largely the equity market returns have been reasonable, considering the challenging environment. It is therefore a moment to celebrate. Once the celebrations are over, it would be appropriate to ask ourselves “whether at ~18700, Nifty is adequately taking into account all the factors that may impact the corporate performance, risk appetite, liquidity and financial stability … [Read more...] about As Nifty soars, has market ‘adequately’ considered all risk factors?
Share to Twitter Share to Linkedin Anheuser-Busch InBev stock (NYSE: BUD) has seen a rise of 17% in a month, while it’s down 1% this year. This compares with 6% and -14% returns for the broader S&P500 index over the same periods, respectively. This outperformance can partly be attributed to an upbeat Q3 performance, with sales and earnings rising, driven by higher demand. Furthermore, a recent upward revision in BUD’s stock price estimate from one of the Wall Street research firms has also bolstered its growth. Anheuser-Busch InBev is also the official sponsor for Qatar’s ongoing FIFA World Cup. Given that Qatar has banned the sale of beer inside the stadiums, the company is reportedly seeking a discount from its sponsorship deal with FIFA. [ 1 ] But now that BUD stock has seen a 17% rise in a month will it continue its upward trajectory, or is a fall imminent? Going by historical performance, there is a high chance of an increase in BUD … [Read more...] about What’s Next For Anheuser-Busch InBev Stock After A 17% Rise In A Month?
Piyush Garg of ICICI Securities "Going forward, we are positive on Indian equity markets but given the higher valuation, a further rise may be muted," Piyush Garg of ICICI Securities says in an interview to Moneycontrol. Markets are coming out of the last 1.5 years of range as the US dollar and inflation seemed to have topped out, while triggers like higher government expenditure, pick-up in private capex and resurgence of the housing market have been the major driving force, he feels. The Executive Vice President and Chief Investment Officer, with around two decades of experience across various facets of finance, likes both PSU and private banks as they support different client bases, all of which will use credit to expand. Going forward, he believes overall 15 percent+ credit growth in the banking sector for FY24 is sustainable. PSU banks are high on corporate lending and have been well capitalised, which can keep them afloat in this move, he says. Do you think the … [Read more...] about Daily Voice | This chief investment officer likes banks as over 15% credit growth for FY24 looks sustainable
Share to Twitter Share to Linkedin As it turns out, December is National Write A Business Plan Month, which I will confess to not knowing was a thing beforehand. While it may be one of the lesser known end of year holidays, it’s one deserving of attention and even a little fanfare, particularly for up-and-coming and would-be entrepreneurs. So in the grandest tradition of this venerable holiday, let’s take a moment and think about what makes a business plan work. This column has always been primarily focused on talking about the workplace and business issues that women confront as they progress through their careers, from navigating boys clubs to pregnancy discrimination to VC funding disparities to the She-cession, but there may be no more pressing topic than how women can create their own success, wield economic power, and make their mark by starting their own businesses. It’s been said in this space repeatedly: there is no greater predictor of women’s rights than … [Read more...] about The Roadmap To Success: Starting A Business Begins With A Plan
Share to Twitter Share to Linkedin Nearly a quarter of the leaders on the 2022 Forbes List Of The World’s Most Powerful Women play a major role in politics and policy at a time when rising inflation, supply chain disruptions, and a looming climate crisis threaten geopolitical stability. And while women remain vastly underrepresented throughout all levels of government, their combined political might continues to have an outsized impact on the world stage. Collectively, these women directly oversee or influence nearly 3 billion people and over half of the world’s GDP. But the dynamics of political power are shifting as leaders must adapt to growing unrest and increasing threats to democracy. In the wake of Russia’s invasion of Ukraine, Europe faces an energy crisis that has the potential to weaken its economic position for years to come. Yet, the EU stands more united than ever in its steadfast resolve to uphold democracy. For that reason, European … [Read more...] about From Christine Lagarde To Giorgia Meloni: The Most Powerful Women In Politics In 2022