First up a blow to Greece as they are told they do not qualify for a third bailout from the IMF. China is experiencing some financial turmoil as this story explores and the Financial Times has a special report on Renminbi. In more positive economic news, Spain and Ireland, who were among the worst hit economies in the 2008 Crash, are now among the strongest economies in Europe. On the other hand, ditching Bank executives is back in style - is this a sign of more economic trouble to come?
Turning to Technology now, Jack Dorsey discusses his ambitions for Twitter and whether he can pull them through their current issues. Uber is plunging more money into developing their market in India as they continue to expand. Could HBO learn from Netflix and change the future of watching TV? Read this article and see what you think. Finally Tech Leader warn against robotic technology to start a new and ever more deadly arms race.
And finally check out new business courses available on Lynda.com
Friday 31 July 2015
Tuesday 28 July 2015
Round up of news for last week.
Sorry for missing a blog but here is my key bits of news from over the last week. Firstly and FT Discover video looking at the potential disruptive effect of Artificial Intelligence on the future of Finance, could it have more of an impact here than in Security? More technology related musings, this time looking at technology and the automotive industry. These two are part of series on theme of disruption in business and finance and well worth checking out. The Pharmaceutical industry has been boosted by new drug developments in Alzheimers and other diseases.
Gold has fallen to the lowest levels in five years and there are doubts over whether or not the Apple Watch will be a success.Finally two exciting special reports, one on African Entrepreneurs and one on Risk Management - check them out!
Gold has fallen to the lowest levels in five years and there are doubts over whether or not the Apple Watch will be a success.Finally two exciting special reports, one on African Entrepreneurs and one on Risk Management - check them out!
Thursday 16 July 2015
Business start-up tips
Advice on honing your message and other tips from Tech City UK’s Gerard Grech
The dangers of state intervention in China markets
By Monday July 13th government intervention to restrict the sale of shares had reversed the rapid slide in share values, but some commentators question the wisdom and long-term effectiveness of these actions.
UK companies keep quiet on EU benefits
A recent poll indicates that concern about anti-European public opinion is inhibiting UK companies from speaking out on the dangers of leaving the EU. This highlights the conflict between the economic advantages of the EU for business and the perceived problems of immigration and excessive European regulation as reported by Euro-phobic UK newspapers.
Wednesday 8 July 2015
China stocks slump, solar power battery innovations
The current nosedive in the Chinese stock market is causing such a panic by investors that the government has intervened to restore stability. After rising 150% in the year leading up to June 2015, share prices have now fallen 30% in just 3 weeks. So far efforts by China’s government, regulators and financial institutions have failed to reassure investors.
a London based business startup is to launch Powervault, a new type of battery that can store power generated by solar panels. A key advantage is that energy generated during the working day can now be used when the occupants are at home in the evening. An estimated 650,000 homes in the UK have been fitted with solar panels since 2010 creating a new market.
Friday 3 July 2015
Weekly Round- Up and Greece updates
First up a three aggregated Special Reports from the Financial Times.Firstly a collection of articles on Financial Training discussing trends in this area of business education and secondly an analysis of Wealth, what sectors are making people wealthy and what wealthy people are doing with their money. Thirdly a collection of articles about European Tech Entrepreneurs and the ways in which Europe is at the cutting edge.
Is the future all about renewable energy? Gates thinks so as he is doubling his investment in this field. Gates is hoping to 'bend the curve' and help combat climate change. Why are fewer Tech ventures going public and doing less well when they do do so. Read this to find out! How the internet makes you feel smarter than you really are - and if you are worried after reading this, it is time to check out the library resources! More foreign companies are battling for Indian E-commerce as the market continues to grow. Finishing up my non-Greece news - this video is arguing that GDP is becoming less relevant as a measure of economic activity.
And so to Greece. The IMF say that Greece needs 60 billion Euros in aid and will be vulnerable for decades to come given the level of debt it is in. This both supports and undermines Syriza as it acknowledges the depth of the issue in Greece but places the blame on Syriza for halting privations and austerity. The Capital controls imposed by Greek authorities has also caused economic activity to come to a halt which will only worse the situation on the long run. Varoufakis has said he will resign if Greece votes yes and cut off his arm if he doesn't secure debt relief so let's hope for his sake they do secure debt relief. Finally a really good round-up from Paul Mason as to what has been happening all week.
Is the future all about renewable energy? Gates thinks so as he is doubling his investment in this field. Gates is hoping to 'bend the curve' and help combat climate change. Why are fewer Tech ventures going public and doing less well when they do do so. Read this to find out! How the internet makes you feel smarter than you really are - and if you are worried after reading this, it is time to check out the library resources! More foreign companies are battling for Indian E-commerce as the market continues to grow. Finishing up my non-Greece news - this video is arguing that GDP is becoming less relevant as a measure of economic activity.
And so to Greece. The IMF say that Greece needs 60 billion Euros in aid and will be vulnerable for decades to come given the level of debt it is in. This both supports and undermines Syriza as it acknowledges the depth of the issue in Greece but places the blame on Syriza for halting privations and austerity. The Capital controls imposed by Greek authorities has also caused economic activity to come to a halt which will only worse the situation on the long run. Varoufakis has said he will resign if Greece votes yes and cut off his arm if he doesn't secure debt relief so let's hope for his sake they do secure debt relief. Finally a really good round-up from Paul Mason as to what has been happening all week.
Thursday 2 July 2015
Greece Day 3
Apologies for missing a day and such a dramatic and rapidly changing day for Greece.
Tsipras struggled on desperately, trying to accept a deal and then accusing his creditors of blackmail. But it is hard to blame him; Seamus Milne in the Guardian makes a convincing argument that Europe's Elites and IMF, set up to oppose leftist governments, are out to get him and his government. Don't forget that 92% of bailout money went to the Banks, not the Greeks and the unemployment rate stands at a staggering 25% as the Greek economy has failed to recover under the austerity measures already imposed. Tsipras' response to rejection has been to announce he will campaign for a 'no' vote and to describe Greece's creditors as blackmailers. Tsipras' changes were designed to alleviate the effects of austerity on pensioners but were rejected by Europe.
These two Q&As - one on the emergency loans from the ECB and one on why a new bailout needs more time are very good background reads. Has the crisis made Greek banks on object of pity? And last, of course, Greece is now officially in default. Where do they go from here? Some views on the referendum - A no vote from Joseph Stiglitz, a Nobel Laureate prize winner in economics and a yes vote from Martin Wolf. Finally shall we crowdsource to pay off Greece's debt? What do you think of this solution?
Tsipras struggled on desperately, trying to accept a deal and then accusing his creditors of blackmail. But it is hard to blame him; Seamus Milne in the Guardian makes a convincing argument that Europe's Elites and IMF, set up to oppose leftist governments, are out to get him and his government. Don't forget that 92% of bailout money went to the Banks, not the Greeks and the unemployment rate stands at a staggering 25% as the Greek economy has failed to recover under the austerity measures already imposed. Tsipras' response to rejection has been to announce he will campaign for a 'no' vote and to describe Greece's creditors as blackmailers. Tsipras' changes were designed to alleviate the effects of austerity on pensioners but were rejected by Europe.
These two Q&As - one on the emergency loans from the ECB and one on why a new bailout needs more time are very good background reads. Has the crisis made Greek banks on object of pity? And last, of course, Greece is now officially in default. Where do they go from here? Some views on the referendum - A no vote from Joseph Stiglitz, a Nobel Laureate prize winner in economics and a yes vote from Martin Wolf. Finally shall we crowdsource to pay off Greece's debt? What do you think of this solution?
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