Business, Econ and Finance etc:
- Heat-waves in China, where cities this summer have seen temperatures routinely reach 40°C, have caused droughts that are hampering local supply chain routes, by firing the shutting down of factories.
- A piece about the impact of record-breaking youth unemployment in China and how the slowing rate of wealthy Gen-Zers with a taste for luxury is affecting the luxury fashion industry.
- Citi predicts that UK inflation rate may hit 18 per cent.
- Morgan Stanley notes stablecoin redemptions have ceased, but there is still little demand and market cap is rebuilding slowly.
- China once again slashes lending rates.
- Everything you need to know about the upcoming Ethereum merge.
- Nature reports that physics researchers managed to create an ‘extra’ dimension of time by irradiating quantum computer qubits to laser pulses based on the Fibonacci sequence.
- Bashar al-Assad and Tayyip Erdogan are likely to meet in Uzbekistan oduring the 2022 annual summit of the Shanghai Cooperation Organisation Summit on September 15-16.
- A US strike has killed at least 20 in Somalia.
Cultural and Media Matters:
- Are gringos ruining Mexico City? Marko Ayling explores the growth of remote workers in the city as well as its impact on the city’s streets via gentrification and the displacement of poorer locals.
- The Wall Street Journal now shines a light on the extent to which the Biden administration pressured the social media company to ban former New York Times journalist Alex Berenson and how this pressure may have violated Berenson’s first amendment rights.
- A private housing co-operating that operates for UC Berkeley students has banned white individuals from their common areas.
More Covid Research:
- Turns out, to the surprise of few, that according to Nature the early closures of bars and restaurants had no noticeable effects on the suppression of Covid-19.
- Study of 301 teenagers in Thailand found “mild and temporary” changes in the heart rythms of one in six of their subjects after receiving the second dose of Pfizer’s Covid-19 vaccines.