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.

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