Category Archives: Business

Tourism In 2021: Egypt Sees ‘Slow Return’ After 70% Plunge In 2020 (Video)

Egypt’s tourism sector is eying a gradual recovery after revenues plunged by nearly 70% to $4 billion in 2020 due to the coronavirus pandemic, the tourism minister and travel companies said.

Egypt, a country linking northeast Africa with the Middle East, dates to the time of the pharaohs. Millennia-old monuments sit along the fertile Nile River Valley, including Giza’s colossal Pyramids and Great Sphinx as well as Luxor’s hieroglyph-lined Karnak Temple and Valley of the Kings tombs. The capital, Cairo, is home to Ottoman landmarks like Muhammad Ali Mosque and the Egyptian Museum, a trove of antiquities. 

Telework: Large Exodus Of Workers From North To South Italy (Video)

In Italy, more than 100,000 people working in the north have returned to their native villages in the south because of the Covid-19 pandemic. They are continuing to work for their employers based in the north, but remotely. As a result, large northern cities are losing their workforces. Milan, an important business hub, has lost more than 12,000 inhabitants since February 2020. Meanwhile, towns in the south are benefitting from the arrival of these young remote working professionals, in a north-south exodus previously unheard of in Italy. Our correspondents report from Sicily.

Global News: Britain In The World, E-Commerce & Heating Homes (Podcast)

A selection of three essential articles read aloud from the latest issue of The Economist. This week: Britain’s place in the worldthe future of global e-commerce (9:25), and using urine to heat homes (16:30).

Investigations: Chinese Telecomunications Giant Huawei – High Tech or Spy?

Telecommunications giant Huawei is said to be one of the most powerful companies in China. But Huawei has been accused of systematic espionage, and some Western governments doubt whether the company is truly independent of the Chinese government.

This documentary investigates concerns about Huawei and internet security. The company is a major player in the manufacture of smartphones, and enjoys a technological lead in the development of the super-fast 5G broadband network worldwide. But the US and some other Western countries suspect that Huawei works closely with the Chinese government on espionage and sabotage operations.

Has Huawei becomne a pawn in the trade war between the US and China? The arrest of Huawei chief financial officer Meng Wanzhou in Canada in 2018 — at the request of US authorities — marked the climax of the conflict between Huawei and Washington. Some European countries also have concerns about the company.

Does Huawei really have close ties to the Chinese government? And what are the benefits and risks for those foreign clients who choose to work with this 5G giant?

Future Deliveries: U.S. To Allow Small Drones To Fly Over People At Night (2021)

Small drones will be allowed to fly over people and at night in the United States, the Federal Aviation Administration (FAA), a significant step toward their use for widespread commercial deliveries.

Analysis: ‘Is Walmart The Future Of Health Care?’

Walmart, America’s largest grocer, launched a primary care clinic called Walmart Health, in September 2019. Analysts say the big box retailer faces several hurdles in its quest to scale up nationally with a roster of highly paid doctors and dentists. But with more than 35 million people uninsured as of 2019, and millions more with high deductible health plans, could Walmart Health’s low price point be the future of healthcare in America?

2021: Five Major Stories Shaping The World (Video)

The World in 2021 will start to look beyond covid-19: to the launch of an asteroid-smashing space probe, the next step in the fight against climate change and China’s supremacy at the box office. Here are five stories to watch out for.

Video timeline: 00:00 – Top five stories for 2021 00:39 – Democracy under threat 04:17 – The electric revolution revs up 06:55 – A chance to turn a corner on climate change 10:39 – China v Hollywood: battle of the box offices 14:40 – Defending the planet

Documentary: ’31 Days In March 2020′ – The Month Coronavirus Unraveled American Business (Video)

March 2020 began on a high note for American business and ended with the economy in tatters This WSJ documentary goes behind-the-scenes to reveal how the coronavirus pandemic ripped through American business during the month of March 2020 — told through the firsthand accounts of 12 prominent executives. When the coronavirus tore through industry, commerce and society in March 2020, the U.S. economy came to a screeching halt. Top executives relive the tough decisions they made as they scrambled to weather the storm. Photo Illustration: Adele Morgan/The Wall Street Journal

Online Shopping: ‘How Amazon Delivers Your Orders So Quickly’ (Video)

Since the beginning of this century, Amazon has emerged as a pre-eminent giant of retail. How? by creating an expectation among consumers that next day, or even same day, delivery is not only possible but basically routine for a dizzying array of consumer products. Millions of Amazon Prime customers all over the world have now come to expect this astonishingly swift service on countless items as standard, and this has put great swathes of the traditional retail landscape in trouble. So today, we’re going to look at how Amazon delivers packages so fast. Let’s pick a typical Amazon product as an example. Say you need a bicycle pump. How will Amazon get that bike pump delivered to your door, the very next day? How Amazon Delivers Packages So FastSHOW LESS

Video Profiles: Asha Deliverance And Her ‘Fabric-Welded Domes’

In 1979 Asha Deliverance sewed her first geodesic dome on an old Singer sewing machine, finishing it in time to become her eldest child’s first home. Motivated by the work of Buckminster Fuller, she continued to build dome homes for friends until she responded to increasing demand and opened the country’s first retail dome company in 1980.

Today, Asha has stopped sewing and relies on her team at the Pacific Domes headquarters in Ashland, Oregon to fabric weld her domes. The company provides shelters for families, glamping sites, greenhouses, climbing, events (e.g. Coachella) and extreme outposts. “To test some of the possible challenges of living on Mars, NASA joined forces with Pacific Domes in early in 2013 to erect a 44-foot geodesic-engineered dome on the northern slope of Mauna Loa, Hawaii.”

The company offers DIY dome kits starting at $5,500 for a 16 foot (5 meter) shelter that can be erected with their manual in a couple of days (instructions for the deck are included). When we asked Deliverance about the frustrations of some dome builders like Shelter Publications’ Lloyd Kahn she explained that in the ‘60s people were building domes out of wood which required sealing multiple joints, but that using fabric has made all the difference.