economics

How Politics Will Expand Into the Final Frontier

How Politics Will Expand Into the Final Frontier

Listen and subscribe to the Voternomics series on the In the City and Stephanomics podcast feeds on Apple, Spotify and the Bloomberg Terminal.The rapid commercialization of space is launching the world into an “era of astropolitics,” journalist and author Tim Marshall tells host Allegra Stratton on this episode of Voternomics.Commercial companies are driving “Space Race 2.0,” from commercial fleets of satellites a few hundred miles above Earth to NASA’s search for private companies to bring back a piece of the moon. Ultimately, Marshall says, entities are eyeing the lucrative prospect of mining extraterrestrial objects for resources needed to provide renewable…
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The Sleepy Czech Town Helping Europe Compete in the Global Chip War

The Sleepy Czech Town Helping Europe Compete in the Global Chip War

The Czech town of Roznov pod Radhostem was best known for its rum-drizzled sweet pies and an open-air museum showing off historical wooden houses. Then came an announcement that stirred the sleepy backwater.US chipmaker ON Semiconductor Corp. picked Roznov for a new $2 billion manufacturing hubBloomberg Terminal in June. The past few weeks have seen a flurry of visits by property developers, the head of a local university and government officials followed around by television crews. Source link lol
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Susan Wojcicki, Internet Pioneer at Google, YouTube, Dies at 56

Susan Wojcicki, Internet Pioneer at Google, YouTube, Dies at 56

Susan Wojcicki, an early Google executive and long-time head of its YouTube video service who shaped how fortunes and fame are created on the internet, has died. She was 56. Wojcicki died after a two-year battle with cancer, according to social media posts by her husband, Dennis Troper, and Sundar Pichai, chief executive officer of YouTube parent Alphabet Inc. Source link lol
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China Vanke Sales Slump Extends, Adding to Debt Woes

China Vanke Sales Slump Extends, Adding to Debt Woes

China Vanke Co.’s sales slump extended in July, adding to liquidity pressure at the developer that’s become the latest focal point of the nation’s property crisis. Contracted sales for the month slumped 13% from a year earlier to 19.2 billion yuan ($2.7 billion), following a 29.3% slide in June, corporate filings show. The total was 24% lower on month. Source link lol
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How to Get Rich From Peeping Inside People’s Fridges

How to Get Rich From Peeping Inside People’s Fridges

“People make fun of me about the fridges,” said Tassos Stassopoulos. “I am fridge-obsessed.” As the founder and managing partner of Trinetra, a London-based investment firm, Stassopoulos has pioneered an unusual strategy: peeking inside refrigerators in homes around the world in order to predict the future—and monetize those insights.By the time of his refrigeration revelation in 2009, Stassopoulos had already gained a reputation for his maverick process: Where other investors typically relied on market data and forecasts from big consumer-products companies to deduce what people in, say, India might start purchasing in the future, Stassopoulos spent days traveling around the…
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