The Strategist

The Strategist
Latest News & Analysis
Companies & CEOs

Samsung head sentenced to 2.5 years for corruption

DennisM2
A court in South Korea has sentenced the head and heir to the Samsung Group business, Lee Jae-yong, to 2.5 years in prison, Reuters reports. He was found guilty of bribery and embezzlement of about 8.7 billion won ($7.8 million) in connection with...

Delta Airlines ends 2020 with a record loss of $12.4B

Quintin Soloviev
Delta Airlines published its financial report for the year 2020, according to which the airline's net loss was $12.4 billion, the worst figure in the history of the company. Despite an increase in traffic in the fourth quarter due to the Christmas...

Visa drops purchase of Plaid due to US Justice Department claims

Håkan Dahlström
Visa and fintech startup Plaid have issued a joint statement saying that the companies refuse to merge. The decision was prompted by complaints from the US Department of Justice, which believed the deal would harm free competition in the market....

Intercontinental Exchange to float its cryptocurrency division

QuoteInspector.com
Bakkt Holdings LLC, the digital asset storage and trading platform launched in 2018 by Intercontinental Exchange (ICE), will become a public company. According to a press release from Bakkt, it will do so by merging with VPC Impact Acquisition...
Markets & Industries

Former Fed chief warns of risk of a longer recession

pxhere
Former US Federal Reserve Chair Janet Yellen, whom President-elect Joe Biden is set to appoint as Treasury Secretary, warned about the risks of a longer and more painful recession. This will happen if the Congress fails to approve additional support...

UBS warns against buying bitcoin

© 2018 QuoteInspector.com
Strategists at Swiss bank UBS warned investors about the risks of devaluation of cryptocurrencies, writes Bloomberg with reference to a message, which employees of the division of UBS Global Wealth Management, engaged in private capital management,...

Chinese exports grow amid pandemic

Photo by CEphoto, Uwe Aranas
China's exports for 2020 rose 3.6% from 2019 to a record $2.59 trillion, despite the pandemic, while Chinese imports fell 1.1%, to $2.06 trillion, Chinese customs data showed. Exports were up just 0.5% in 2019 after climbing 9.9% in 2018. Imports...

Global food prices hit three-year high

pxhere
Food prices rose for the seventh consecutive month to a three-year high by December 2020, the UN Food and Agriculture Organisation (FAO) said. Prices of dairy products and vegetable oils rose the most, the organisation added. "For 2020 as a whole,...
In-depth coverage

The challenges Covid-19 is posing to learning, teaching, and working in society

At enlightED Virtual Edition 2020, leaders of higher education institutions discussed taking “a crash course into the future”
>>> Zoom on Earth

When innovation brings more problems than it solves

Innovations allow for fantastic advances in environmental protection, but there are limits that are sometimes ignored. That is why we cannot always be sure when companies claim to be saving the planet, and sometimes there are hidden problems that outweigh the benefits. Almost every single venture aiming to improve ecological impact is confined by the constraints of capitalism. Informatio...
World & Politics

Thailand to impose a tourist fee of $10

traveloffpath.com
The Thai authorities will introduce a tourist fee of $10, according to Travel Off Path website. The idea of introducing such a fee has been discussed since 2016. The decision has not yet taken effect. "Thailand's Minister of Tourism and Sports...

India starts massive vaccination campaign

TazaaKhabar
India, the second most populous and coronavirus-infected country in the world, has begun a mass vaccination campaign. Prime Minister Narendra Modi launched the largest vaccination campaign in history, within which more than 300 million people, that...

Le Monde reports about pressure on EU regulator to approve Pfizer vaccine

U.S. Secretary of Defense
The European Medicines Agency (EMA) was under pressure to certify coronavirus vaccines, in particular the American-German one from Pfizer and BioNTech, the French newspaper Le Monde claims, citing documents and correspondence leaked online....

U.S. approves impeachment of Trump

Gage Skidmore
The Democrat-controlled House of Representatives voted in favour of a resolution to impeach President Donald Trump a week before he formally stepped down as head of the White House. A total of 210 congressmen voted in favour and 190 were against. 33...
Management & Strategy

Three key elements for a breakthrough in work and life

pxhere
You've already reached a certain point, but the next step is so far away that you can't even think about getting there yourself? You need a breakthrough. There are three key elements to a dramatic increase in results: getting help, investing,...

Buddhism for business: A mantra for success

pixy.org
On any given day in life, you are in one of three stages: aspiration, success, failure. At each of them, you are battling with ego. As Benjamin Franklin observed, whoever drinks from a cup to the bottom should be prepared to encounter sediment. But...

The art of saying No to find new energy

pxhere
The modern world is stunning and distracting. News come from every screen, and we have many screens. Work is exhausting and never ends. How do we stop? How do we concentrate to think things through well and make an informed decision? What secret do...

Seven tips to create cozy home space for remote work

pxfuel
At the height of the pandemic, many people work remotely and so they know how important it is to create a comfortable place that helps work and concentrate. Most of us do not have an entire room for a home office, but it is still possible to get the...