Category Archives: global

Tencent wants you to pay with your palm. What could go wrong?

That’s where Tencent is stepping in. The new tech is undoubtedly appealing as the company competes with Alipay for dominance. And as China continues to grapple with ongoing zero-covid policies that mean people still wear masks and avoid physical contact, allowing people to pay by waving their hands up to a few inches from the camera seems preferable to facial or fingerprint recognition. So by offering users small cash incentives in exchange for their participation and data, Tencent is one step closer to spreading the use of palm-print recognition through everyday life—and on a truly massive scale. 

https://www.technologyreview.com/2022/11/15/1063218/whats-next-biometrics-palm-print-recognition-tencent-we-chat-pay/

The Future of the Amazon, and Maybe the Planet, Depends on Brazil’s President-Elect Lula

I asked Lula about the path to zero deforestation, and suggested that his “moral responsibility” was huge. “People around the world are expecting you not only to save the Amazon but to save the world,” I said. He nodded, then raised his voice and said, “Yes, I know, and that scares me, because people are very optimistic about our government. I spoke to President Biden, and I just spoke to Josep Borrell,” the European Union’s High Representative for Foreign Affairs and Security Policy. “People are expecting that something will change, and it will change. As for the question of the Amazon, I intend, in Egypt, to make a speech to show what the Amazon will be from now on. We don’t want to transform the Amazon into a sanctuary for humanity. What we want is to study, to research the Amazon. Nor should it be a place where you cut down a tree for no reason. If you want to make a lumber factory, you should have a policy of afforestation, to plant new trees, so that later you can cut them down. There has to be a replacement plan.”

https://www.newyorker.com/news/daily-comment/the-future-of-the-amazon-and-maybe-the-planet-depends-on-brazils-president-elect-lula

Activists take over billboards to call out impact of flying on global carbon

Billboards in 15 European cities have been covered with satirical artwork highlighting the role of airline marketing in driving up greenhouse gas emissions.

https://www.euronews.com/green/2022/09/22/activists-take-over-billboards-to-call-out-impact-of-flying-on-global-carbon-emissions

Diesel Sets a World Record

What kept it from seeming like just a stunt was the fact that beneath the blowups, Mr. Martens is not just full of hot air. He’s doing things with denim — the fabric of democracy — that are genuinely transformative and coded for currency.

https://www-nytimes-com.cdn.ampproject.org/c/s/www.nytimes.com/2022/09/22/style/diesel-fendi-milan-fashion-week.amp.html

Inflation: How are rising food and energy prices affecting the economy?

In 2022, inflation became a global phenomenon—impacting 100% of advanced countries and 87% of emerging markets and developing economies analyzed by the World Bank. https://www.weforum.org/agenda/2022/09/inflation-rising-food-energy-prices-economy?utm_source=linkedin&utm_medium=social_scheduler&utm_term=Energy&utm_content=13/09/2022+20:00

All you need to know about global economics right now, according to the IMF

Authors from Cambridge economist Diane Coyle to Bank of Japan veteran Masaaki Shirakawa have provided more than enough reason to put down our phones and concentrate, as much as one can, on absorbing the larger lessons from leading thinkers. A selection of volumes worth picking up, drawn from books recently reviewed in the IMF’s Finance & Development magazine.

https://www.weforum.org/agenda/2022/09/economics-books-must-reads-imf?utm_source=linkedin&utm_medium=social_scheduler&utm_term=Economic+Progress&utm_content=10/09/2022+11:00

The state of the world’s economies and markets in 2022 – in charts

A strong chart that distills a compelling visualization of our world goes a long way toward helping illustrate what’s happening in the world’s economies and markets.

From cargo prices and food costs to unrest, uncertainty, war, and inflation, these most-read blog posts reflect the eventful and often tumultuous year it’s already been. https://www.weforum.org/agenda/2022/09/war-inflation-charts-world-economies-volatility-2022?utm_source=linkedin&utm_medium=social_scheduler&utm_term=Economic+Progress&utm_content=07/09/2022+14:30

The super-rich ‘preppers’ planning to save themselves from the apocalypse

Taking their cue from Tesla founder Elon Musk colonising MarsPalantir’s Peter Thiel reversing the ageing process, or artificial intelligence developers Sam Altman and Ray Kurzweil uploading their minds into supercomputers, they were preparing for a digital future that had less to do with making the world a better place than it did with transcending the human condition altogether. Their extreme wealth and privilege served only to make them obsessed with insulating themselves from the very real and present danger of climate change, rising sea levels, mass migrations, global pandemics, nativist panic and resource depletion. For them, the future of technology is about only one thing: escape from the rest of us.

https://www.theguardian.com/news/2022/sep/04/super-rich-prepper-bunkers-apocalypse-survival-richest-rushkoff