Share to Twitter Share to Linkedin For anyone who writes on the state of the world, the approach of Christmas brings with it the near obligation to sketch out the events and happenings of the year ahead. Last year, I took a traditional though cynical approach when I wrote Drinking with Dickens , the aim of which was to imagine what a vision of the year ahead would look like, whilst under the influence of some of Charles Dickens favourite drinks (i.e. ‘Smoking Bishop’). In the end, some of my comments (‘higher inflation’, ‘tension in Asia’ and ‘Boris resigns’) came close to the mark. The Folly of Forecasting This year, I have a less weary approach, partly because there are so many new, emerging trends, partly because the world is opening up travel wise and partly because there is so much at stake. The real world remains stranger than fiction, though to join the two I have added some book recommendations. JK Galbraith wrote that the only role of … [Read more...] about 2022 – What’s Next?
How russia helped swing the election new yorker
Today we remember the gallant Americans who fought on D-Day and on all the other battlefronts of World War Two. And yet we should also remember that Americans fought for peace . As President Franklin D. Roosevelt declared in his D-Day radio address , “They fight not for the lust of conquest. They fight to end conquest,” he added, to bring a “sure peace … invulnerable to the schemings of unworthy men.” Also today, we are in a new struggle against the schemings of unworthy men: Vladimir Putin and his army of “Orcs.” And while we are not ourselves fighting, we are helping. The vast majority of Americans agree that’s the right thing to do — polls show support above 70 % . Yet if helping Ukraine win its war for survival against Russia is a good idea, then helping to win the peace afterward is also a good idea. Fortunately, we have a successful precedent to point to: The Marshall Plan , launched 75 years ago on June 5, 1947, is also an anniversary worth celebrating. … [Read more...] about PINKERTON: Blessed Are The Peacemakers — And The Rebuilders
The Associated Press MADRID (AP) — The Latest on the NATO summit in Madrid: ___ Italian Premier Mario Draghi says plans for an increased U.S. military presence in Europe don’t amount to a military escalation within NATO. Draghi says the increase announced Wednesday by the White House would amount to just 70 additional U.S. troops on Italian soil and an air defense system that had already been planned. But he added at the NATO summit in Madrid: “You have to be ready.” Draghi said overall Italy is committing 10,000 troops to NATO. That includes 2,000 divided among the Italian command of NATO in Bulgaria, its presence in Romania and staffing of air patrols over the Baltics. Another 8,000 are on standby in Italy “if eventually necessary.” ___ — Turkey lifts objections to Sweden, Finland joining NATO ahead of alliance summit — Biden, NATO to beef up force posture amid Russian aggression — Macron says Russia can’t win in Ukraine — The AP Interview: Spanish PM … [Read more...] about Live updates | Italy sees no NATO military escalation
Daria Mattingly is a Ukrainian historian specializing in the Holodomor. She holds a PhD from Cambridge University, where she teaches Soviet and Russian history, and is on the selection committee of the Danyliw Research Seminar on Contemporary Ukraine, University of Ottawa. The views expressed in this commentary are her own. View more opinio n on CNN. (CNN) Growing up in Ukraine, one learns not to leave breadcrumbs on the table. My generation of Millennials was taught this pious reverence to bread by our grandparents who survived the 1932-1933 famine in Ukraine -- known as the Holodomor. Daria Mattingly Many a time I heard the story of how a soup with wild sorrel saved my grandmother and her siblings while the grain collected from her village was left to rot at the train station. That wheat could have saved so many lives, but "the state" did not allow it. My grandmother could not stand the sight of sorrel for the rest of her life, and always kept her … [Read more...] about Opinion: All Ukrainian children know to ‘never leave breadcrumbs on the table’
Share to Twitter Share to Linkedin Six months ago, I tried my hand at imagining how 2022 might transpire in markets, economies and politics. Whilst I am usually highly sceptical about forecasting (‘its role is to make astrology respectable’), my prognostics were sufficiently telling that I will now claim a certain wisdom. The secret is to make ambiguous statements about a wide range of events, and some of them will stick. In this respect I prefigured Boris Johnson’s difficulties, the war in Ukraine (Bosnia was also a potential hotspot), Macron’s win and China closing down. Looking ahead, it is stating the obvious that the shape of the next six months will be determined by the damage caused by the war in Ukraine and the policy response to high inflation though what is more interesting and challenging is to frame their secondary effects. Market Stress Perhaps the easiest factor to parse is the change in monetary policy from the Fed and … [Read more...] about What Will It Take To Get Inflation Down? Is Oil The Key?
The rise of remote work has drastically changed the relationship between companies and their employees. advertisement advertisement What began two years ago as a sudden shift to a work-from-home model has changed collaboration, coordination, and communication permanently. As companies work to find the right balance between flexible work and optimum productivity, the “hybrid” work model is being codified in company policies. The stakes are high: The terms of the new hybrid work contract have a direct bearing on companies’ ability to keep employees happy, and to attract new ones. According to a recent Gallup survey , nearly 60% of employees who can work from home would prefer a hybrid work schedule going forward. At the same time, roughly 60% said they want more structure from their employers when it comes to deciding hybrid work schedules. Less clear for employers, though, is how frequently employees might come into the office. Every company … [Read more...] about What the future of hybrid work will (and won’t) look like, according to 27 business leaders
The Supreme Court is expected to issue a ruling this month that could curtail the Biden administration's efforts to rein in greenhouse gases, and its impact could weaken the federal government's power to oversee wide swaths of American life well beyond climate change. The upcoming decision on the Environmental Protection Agency's (EPA) climate oversight in a case officially known as West Virginia v. The Environmental Protection Agency, could provide conservative justices on the nation's highest court an opportunity to undermine federal regulations on a number of issues, ranging from limiting greenhouse emissions, drug pricing, financial regulations and net neutrality. At the root of the case, critics of federal government oversight, including 27 Republican state Attorneys Generals and critics of the EPA, who say that it is "unlawful for federal agencies under the president's supervision to make major decisions about industry regulations without clear authorization from Congress." … [Read more...] about Sustainable Investing From The Advisor’s Perspective
- A + A (June 29): Oil rallied for a fourth day as a government report showed US stockpiles dropped last week, exacerbating global supply concerns with shipments from Libyan ports suspended. West Texas Intermediate rose as much as 2.4% to trade near US$114 a barrel. US crude stockpiles fell 2.76 million barrels last week, according to an Energy Information Administration report Wednesday. Inventories at Cushing, Oklahoma, the largest storage hub in the US, fell to the lowest since October 2014. Data for two weeks was released simultaneously after an outage last week. Compounding market tightness, Libya's state oil company suspended shipments from two key eastern ports, while Iranian media said talks to revive a nuclear deal that could boost the country’s supply ended Wednesday with little effect. Output in Ecuador also has been lower due to ongoing protests. Those curbs to supply come as Shell Plc said spare energy production capacity is running very low, and the … [Read more...] about Oil rises as stockpiles at biggest US hub fall to 2014 low
Earlier this year, an Arizona woman whom we’ll call Kelly was completing the paperwork required to get facial feminization surgery. She was diagnosed with gender dysphoria in her teens, and after years of struggling with depression, she decided as a 20-something to transition. Then reality hit fast: The process is expensive, lengthy, and rarely covered by insurance. “So I did what lots of trans people do,” she tells Fast Company . “I got a job at Starbucks.” advertisement advertisement Starbucks has covered some types of gender-reassignment surgery since 2012. But in a radical move in 2018, it worked with the World Professional Association for Transgender Health to unveil a supplemental insurance plan that added coverage of procedures “previously considered cosmetic,” such as breast reduction, forehead contouring, calf implants, and hair transplants. With the requisite medical signoffs, Starbucks workers could get many of these procedures with zero … [Read more...] about Workers who joined Starbucks for transgender health benefits worry they are now at risk