Guyanese OnlineThree months after lockdown was relaxed in China, its economy is now running at around 90% of normal levels. Although 90% may sound fine, for many it could be catastrophic…. especially if the level of economic recovery is even lower.
Read more here: https://econ.st/2AeZ86k
The sector faces a shake-upYou may not realise it, but a growing share of your savings and pensions pot has been wagered on the commercial buildings in which you work, shop and sleep. The original idea was that these investments would provide a steady stream of earnings for decades into the future, rather as government bonds did before interest rates fell so low. But now the virus has thrown that assumption into a cement mixer.
Across the world millions of tenants have stopped paying rent, leading to chaos among shopping-mall and office landlords (see article). In the longer term, a renewed appreciation of the threat from pandemics, and of the potential of new technologies, could lead to a sharp shift in how commercial buildings are used. Savers and fund managers need to be alert. A safe, slow-moving asset class has become an unpredictable one that demands scrutiny and active management. Continue reading
HEATHER-LYNN EVANSON– Added 24 June 2020 – Nation News
Former CLICO Barbados chairman Leroy Parris flanked by two police officers on his way to Magistrates’ Court on June 24, 2020. (Picture by Jameel Springer)
By David Jessop – June 23, 2020
Last week a culture war erupted in Britain over its colonial history.
Ostensibly the debate revolved around how to respond to public protests against the memorialising in city streets, squares, and public spaces of those involved in slavery. More profoundly, however, what happened and was said illuminated the need for Britain to find ways to rebalance the nation’s understanding of the role played by conquest, exploitation, and empire in creating its wealth.
The matter achieved prominence because of events on June 7 in Bristol in the West of England. There protestors had taken to the streets to join the international condemnation of the death of George Floyd in Minneapolis, and to make clear that Black Lives Matter in Britain too. Continue reading
Forecasting the US electionsHere is the link – https://www.flipcause.com/secure/cause_pdetails/ODYwNjY=
The looming fossil fuel crash could pose a significant threat to global financial stability, say experts. Photograph: Matthew Brown/AP
The coronavirus outbreak could trigger a $25tn (£20tn) collapse in the fossil fuel industry by accelerating a terminal decline for the world’s most polluting companies.
A study has found that the value of the world’s fossil fuel reserves could fall by two-thirds, sooner than the industry expects, because the Covid-19 crisis has hastened the peak for oil, gas and coal demand. Continue reading
President Donald Trump is holding his first political rally since the start of the pandemic in Tulsa, Oklahoma, this weekend. His choice of location and the date have raised tensions in a city struggling to come to terms with its history of violent racism.
On 1 June 1921, a white mob ransacked the prosperous black neighbourhood of Greenwood, killing an estimated 300 people and burning 35 blocks of homes and businesses to the ground. Continue reading
Simon Sinek – Understanding Empathy: Leadership
A snippet form a recent Simon Sinek keynote, https://www.youtube.com/watch?v=RyTQ5….
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