Category Archives: Business

Opinion: Disney Turns 100, A Dictator In Turkey, How The Young Spend Money

The Economist ‘Editor’s Picks’ (January 23, 2023) A selection of three essential articles read aloud from the latest issue of The Economist. This week, Disney’s second century, Turkey’s looming dictatorship (10:25) and how young people spend their money (17:35). 

World Economic Forum: Top Stories – Jan 13, 2023

World Economic Forum – January 13, 2023 top stories:

0:15 Solar powered car drives 1000kms – The Sunswift 7 weighs just 500kg. While an average car weighs between 1,500 and 2,000kg and boasts incredibly low rolling resistance due to its shape. A team at UNSW Sydney designed and built the car. Which completed 240 laps of a special test circuit. Equal to driving from Sydney to Melbourne, plus 100km.

1:32 3D printed bionic arms – Cure Bionics 3D-printed prosthetics are lightweight and muscle-controlled. They can be attached without surgical intervention and are charged wirelessly by solar power. The arms can be printed and ready within a week at the cost of just $3,000. Other providers can take months and charge up to $100,000. Cure Bionics’ arms are available for children with limb differences aged 8 and up. The low weight makes them easy for kids to operate. An immersive VR training programme helps patients learn to use their arms even before it’s made. Cure Bionics was founded in Tunisia, where the start-up has already launched a prototype. In spring 2023, it’s releasing a public version.

3:17 Geneva introduces driverless buses – 15 self-driving minibuses will be deployed in 2025. Providing an on-demand, door-to-door service, 24 hours a day. This pilot project will run for 1 year alongside similar schemes in Germany and Norway.

4:55 Implants restore vision to blind people – The implants were given to 20 people by scientists at Sweden’s Linköping University and LinkoCare Life Sciences. 14 were blind and 6 were on the verge of losing their sight. After 2 years, none of them were blind.

Analysis: Apple’s Supply Chain Shifts From China To India And Vietnam (WSJ)

Wall Street Journal – Apple is facing an uphill battle as it plans to shift its production out of China. Here’s why it’s difficult to replicate Foxconn’s ‘iPhone City’ in Zhengzhou and the company’s finely-tuned ecosystem in countries like India and Vietnam.

Previews: The Economist Magazine – January 7, 2023

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The Economist – January 7, 2023 Issue:

A realistic path to a better relationship between Britain and the EU

The question of Europe has caused a decade of turmoil. Here’s how to use the next ten years better

What the Kevin McCarthy saga means for America’s Congress

Power struggles, public humiliation and a government shutdown may follow

Financial Review: Barron’s Magazine – January 2, 2023

Magazine Archive - January 02, 2023 - Barron's

Barron’s Magazine – January 2, 2023 issue:

The Best Income Ideas for 2023

Yields are up on a range of attractive investments—and many beat inflation. 12 ways to cash in.

What Crypto Crash? Why Fidelity Sees a Future in Bitcoin.

The mutual fund and brokerage giant is building out crypto services even as the market collapses. What’s behind its Bitcoin plans.

The Bulls’ Worst Recession Fear: There Won’t Be One

These Three Stocks Had a Terrible 2022. Time to Buy?

Stock Market Worries for the Start of 2023

Copper Is Sliding. Where Inflation Could Send Prices.

These Overlooked Muni-Bond Funds Are On Sale at Deep Discounts

China’s Covid Calamity Hides Deep Problems

Financial Review: Barron’s Magazine – Dec 26, 2022

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Barron’s Magazine – December 26, 2022 issue:

Robots Are Replacing Workers Lost in the Pandemic. They’re Here to Stay.

Robots are moving up in the world. Labor shortages and rising wage costs are breathing life into a new generation that can handle a growing number of tasks.

Brace for Recession Next Year. But the Outlook Isn’t All Doom and Gloom.

Brace for Recession Next Year. But the Outlook Isn’t All Doom and Gloom.

The Fed will keep fighting inflation, and the unemployment rate will rise. But there are positive trends on the horizon.

How to Invest in Robots and Automation

How to Invest in Robots and Automation

Technology investments are out of favor, and the market has been especially tough on companies in the more speculative areas like robotics.

Bill Miller Is Still Bullish on Bitcoin—and a Lot More

As the famed value investor heads for retirement, he isn’t giving up on crypto. Why he likes Amazon.com, Delta Air Lines, and small-caps, too.

North Africa Views: High Values In Moroccan Rugs

Insider Business (December 17, 2022) – Moroccan rugs are valued around the world for their complex patterns and thick wool. A large rug can take months to weave, but the women who complete each step by hand usually receive the least profit. Selling directly to consumers is challenging, so artisans often rely on middlemen who sell the rugs for several times more in big cities. Online, Moroccan rugs can sell for several thousand dollars.

World Economic Forum: Top Stories – Dec 9, 2022

World Economic Forum (December 9, 2022) – This week’s top stories of the week include:

  • 0:15 The world’s most expensive cities – This list of the most expensive cities is based Worldwide Cost of Living 2022 report that compares 200 products and services in more than 170 cities. Prices in big cities have risen by an average of 8.1% in the past year. Their fastest rise for 20 years. Driven by the knock-on effects of the pandemic and Russia’s invasion of Ukraine, some of these most expensive cities have high wages and taxes, while another has an average rent of about 92% of the median worker’s pre-tax salary. Watch to know which cities are the most expensive to live in.
  • 1:36 The era of the megalopolis has begun – Today 60% of people live in urban areas, and by 2100 it’s forecast to be 85%. We are entering the era of the megalopolis. Cities around the world are merging as they grow and spread, forming supercities connected by urban sprawl. The largest megalopolis is in China – it’s known as the Greater Bay Area. But what are megapolis?
  • 2:53 Scientists develop a universal flu vaccine – Scientists have developed a universal flu vaccine. It’s effective against all 20 known strains of flu and could help us fight off dangerous new strains before they develop into a pandemic. The new vaccine could be in use within 2 years.
  • 3:53 This device will heat our homes sustainably – Heat pumps run on electricity rather than fossil fuels and are 3 times more efficient than gas boilers. They capture thermal energy from the air outside and use that energy to warm your home.

Aviation: China’s ‘Comac C919’ Vs Boeing ‘737 MAX 8’

Wall Street Journal – China’s first homegrown narrow-body jet is looking to compete with Western giants like Boeing. WSJ unpacks the design and technology of Comac’s C919 and the 737 MAX 8 to see how China’s deep reliance on foreign parts could stymie Beijing’s ambition to succeed.

Cover Preview: Barron’s Magazine – Dec 5, 2022

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@barronsonline December 5, 2022 issue:

A Big Chill Is Here for the Housing Market. Next Year Could Bring More Trouble.

Affordability is still an issue, mortgage rates will remain high, and homes are sitting on the market longer. It all adds up to a stalled 2023 for real estate.

Strong Job Numbers Throw Cold Water on Hopes for End to Rate Rises

The Fed’s Inflation Fight Must Cause More Pain—to the Job Market

Another Bad Sign for Tech Stocks—Cloud Spending Is Fading

Wall Street Isn’t Fond of T. Rowe Price, but Maybe You Should Be