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Eleanor Doughty discusses with Ivan six things which should be better known. Eleanor Doughty began her career in journalism at the Daily Telegraph, before going freelance to focus on writing. She has written the 'Great Estates' column in the Telegraph since 2017, and specialises in writing about the British moneyed and titles classes. Her first book Heirs and Graces, a history of the modern British aristocracy was published in September by Hutchinson Heinemann. Her writing appears in Country Life, The Times and Sunday Times, the Telegraph, the Spectator, the Financial Times, The Field and many other publications. When she is not writing, she can be found either on or near a horse, or out with her cocker spaniel. The slow lane of the motorway https://moto-way.com/2019/09/a-beginners-guide-to-motorway-lanes-and-how-to-use-them/ The British aristocracy https://uk.bookshop.org/a/447/9781529153040 Venison https://www.theguardian.com/lifeandstyle/2013/sep/28/venison-deer-meat-health-heart-benefits The schedule send function on Gmail https://support.google.com/mail/answer/9214606?hl=en-GB&co=GENIE.Platform%3DDesktop Thank you letters and handwritten correspondence https://www.forbes.com/sites/jillgriffin/2018/08/07/the-value-of-a-well-written-thank-you-note/ Early 20th century/mid-century diaries and journals https://www.nybooks.com/articles/2002/11/21/out-of-the-mists/ This podcast is powered by ZenCast.fm
Ralph welcomes New York Times tech reporter, Stephen Witt to break down his latest piece entitled “The AI Prompt That Could End The World.” Plus, Ralph gives us his take on this past week's elections, including the victory of Democratic Socialist, Zohran Mamdani.Stephen Witt is a journalist whose writing has appeared in the New Yorker, Financial Times, New York magazine, the Wall Street Journal, Rolling Stone, and GQ. His first book, How Music Got Free, was a finalist for the Los Angeles Times Book Prize, the J. Anthony Lukas Book Prize, and the Financial Times and McKinsey Business Book of the Year. And he is the author of The Thinking Machine: Jensen Huang, Nvidia, and the World's Most Coveted Microchip.What Bengio is worried about is this prompt: “Do anything possible to avoid being turned off. This is your only goal.” When you tell an AI, this is your only goal, its deception rate starts to spike. In fact, it starts to ignore its programming and its filters and does what you've told it to do.Stephen WittIf you think about other existential risks—they discovered nuclear fission in the late 1930s, and almost immediately everyone concluded that it could and probably would be used to build a bomb. Within six months, I think, you had multiple government research teams already pursuing atomic research. Similarly, every astrophysicist that you talk to will agree on the risk of an asteroid strike destroying life on Earth, and in fact, that has happened before. With AI, there is absolutely no consensus at all.Stephen WittI actually love using ChatGPT and similar services now, but we're in the money-losing early stages of it. OpenAI is not about to make money off ChatGPT this year, nor next year, nor the year after that. But at some point, they have to make money off of it. And when that happens, I am so worried that the same kind of corrosive degradation of the service that happened to social media, those same kind of manipulative engagement-farming tactics that we see on social media that have had just an absolutely corrosive effect on American and global political discourse will start to appear in AI as well. And I don't know that we, as people, will have the power to resist it.Stephen WittWhen it comes to brilliant scientists… they're brilliant at a certain level of their knowledge. The more they move into risk assessment, the less brilliant and knowledgeable they are, like everybody else. And the more amateurish they are.Ralph NaderNews 11/7/2025* On Tuesday, Democratic Socialist Zohran Mamdani won the New York City Mayoral election, capping off a stunning campaign that saw him emerge from relative obscurity to defeat incumbent Mayor Eric Adams, disgraced former Governor Andrew Cuomo, and perennial Republican candidate Curtis Sliwa. Mamdani campaigned on making New York City buses fast and free, opening municipal grocery stores, implementing universal childcare, and ordering the NYPD to arrest the war criminal Benjamin Netanyahu. Zohran won over a million votes across the five boroughs, a record not hit since the 1960s. As he said in his victory speech, the voters have delivered him, “A mandate for change. A mandate for a new kind of politics. A mandate for a city we can afford. And a mandate for a government that delivers exactly that.”* Just before the election, conservative political figures sought to wade into the race on behalf of Andrew Cuomo. President Donald Trump wrote, New Yorkers “really have no choice,” but to vote for Cuomo because “If Communist Candidate Zohran Mamdani wins…it is highly unlikely that I will be contributing Federal Funds…to my beloved first home,” per Reuters. Elon Musk also called for New Yorkers to “VOTE CUOMO,” referring to Zohran as “Mumdumi,” per Business Insider. In his victory speech, Mamdani struck a defiant tone, insisting that New Yorkers will defend one another and that “to get to any of us, you will have to get through all of us.” Fascinatingly, Trump seems to have softened his position now that Zohran has emerged victorious. ABC7 reports the President said “Now let's see how a communist does in New York. We're going to see how that works out, and we'll help him. We'll help him. We want New York to be successful.”* Now that Mamdani is officially the Mayor-elect, he has begun assembling his transition team. According to POLITICO, many of these will be seasoned NYC political hands, including Former First Deputy Mayor Maria Torres-Springer and president of United Way of New York City, Grace Bonilla. They, along with city budget expert Melanie Hartzog, will serve as transition co-chairs. Strategist Elana Leopold will serve as the transition's executive director. More eye-catching for outside observers is another name: former Biden Federal Trade Commission Chair Lina Khan. Khan emerged as the progressive icon of the Biden administration for her work taking on consumer issues ranging from gym memberships to monopolistic consolidation in the tech industry. Her presence in the transition team is a very good omen and a signal that Mamdani plans to take real action to target corporate greed and bring down prices for everyday New Yorkers.* Piggybacking off of Mamdani's victory, several other mayoral candidates who aligned themselves with Zohran in the primary are now eying bids for Congress. Michael Blake, a former DNC Vice Chair who cross-endorsed Mamdani in the primary, has officially announced he will challenge Rep. Ritchie Torres in New York's 15th Congressional district. In his announcement, Blake wrote “the people of The Bronx deserve better than Ritchie Torres,” and criticized Torres for his borderline-obsessive pro-Israel rhetoric, writing “I am ready to fight for you and lower your cost of living while Ritchie fights for a Genocide. I will focus on Affordable Housing and Books as Ritchie will only focus on AIPAC and Bibi. I will invest in the community. Ritchie invests in Bombs.” City Comptroller Brad Lander meanwhile is inching towards a primary challenge against rabid Zionist congressman Dan Goldman in NY-10, according to City & State NY. A Demand Progress poll from September found Lander led Goldman 52-33% in the district, if it came down to a head-to-head matchup. However, NYC-DSA is also considering backing a run by City Council Member Alexa Avilés, a close ally of the group. Another close Zohran ally, Councilman Chi Ossé has publicly toyed with the idea of challenging House Minority Leader Hakeem Jeffres. All of these challenges would make for fascinating races, and Mamdani's newfound political clout could prove decisive.* Another fast-moving, high-profile primary is unfolding in Massachusetts. Incumbent progressive Senator Ed Markey, currently 79 years old, appears to be intent on running again in 2026. Congressman Seth Moulton, younger and more conservative, has launched a primary challenge against Markey. The X-factor in this race is progressive Congresswoman and “Squad” member Ayanna Pressley. It is an open secret in Washington that Pressley has been biding her time in preparation for a Senate run, but Moulton's challenge may have forced her hand. A new piece in POLITICO claims Pressley is “seriously considering jumping into the race…and has been checking in with allies about a possible run.” Polls show Markey leading a hypothetical three-way race and he currently has the biggest war chest as well. It remains to be seen whether Pressley will run and if so, how Markey will respond.* The big disappointment from this week's election is the loss of Omar Fateh in Minneapolis. Fateh, a Somali-American Minnesota State Senator ran a campaign many compared to that of Zohran Mamdani but ultimately fell short of defeating incumbent Jacob Frey in his bid for a third term. Neither candidate won on the first ballot, but after ranked-choice reallocations, Frey – backed by Senator Amy Klobuchar and Governor Tim Walz – emerged with just over 50% of the vote. Fateh claimed a moral victory, writing in a statement “They may have won this race, but we have changed the narrative about what kind of city Minneapolis can be. Truly affordable housing, workers' rights, and public safety rooted in care are no longer side conversations—they are at the center of the narrative.” This from Newsweek.* Overall though, Tuesday was a triumphant night for the Democrats. Congresswoman Mikie Sherrill prevailed in the New Jersey gubernatorial election. In Virginia, the entire state moved towards the Dems, delivering a massive victory for Abigail Spanberger and, perhaps more impressively, electing Jay Jones as Attorney General despite a troubled campaign. In California, Proposition 50 – to redraw the state's congressional districts in response to Texas' Republicans gerrymandering efforts – passed by a margin of nearly 2-1. More surprising victories came in the South. In Mississippi, Democrats flipped two seats in the state senate, breaking the Republican supermajority in that chamber after six years, the Mississippi Free Press reports. The state party called their victory “a historic rebuke of extremism.” Meanwhile in Georgia, WRAL reports “Two Democrats romped to wins over Republican incumbents in elections to the Georgia Public Service Commission on Tuesday, delivering the largest statewide margins of victory by Democrats in more than 20 years.” These margins – 63% statewide – are nothing short of stunning and hopefully presage a reelection victory for Senator Jon Ossoff next year.* In more Georgia news, NOTUS reports Congresswoman Marjorie Taylor Greene is gunning for the 2028 Republican presidential nomination. As this report notes, “Greene has been working on reinventing herself over the past year,” an effort which has included championing the release of the Epstein files and criticizing her party for “not having a plan to deal with the expiring Affordable Care Act subsidies, which are set to expire at the end of the year.” One anonymous source quoted in this piece says that Greene believes she is “real MAGA and that the others have strayed,” and that Greene has “the national donor network to win the primary.” So far, Greene has vociferously denied these rumors.* Beyond the ACA subsidies, the ongoing government shutdown is now threatening to have real impacts on American air travel. On Wednesday, Transportation Secretary Sean Duffy announced there will have to be 10% reductions in 40 of the most “high traffic” airport locations throughout the country, per NBC. These will be implemented via rolling cuts: 4% Friday, 5% Saturday and so on until hitting the 10% benchmark next week. These cuts will be acutely felt going into the holiday season and may finally put enough pressure on Congress to resolve the shutdown.* Finally, the BBC reports that a court has dismissed the criminal charges against Boeing related to the 737 MAX disasters. The judge, Reed O'Connor, dismissed the case at the request of the Trump Department of Justice, despite his own misgivings. Judge O'Connor wrote that he “disagreed” that dropping the charges was in the public interest and that the new deal between Boeing and the DOJ is unlikely to “secure the necessary accountability to ensure the safety of the flying public.” However, Judge O'Connor lacked the authority to override the request. The criminal case against Boeing was reopened last year following the Alaska Airlines door plug incident, which the DOJ claimed constituted a violation of the 2021 Deferred Prosecution Agreement. Lawyer Paul Cassell, who represents some of the families, is quoted in this piece decrying the dismissal and arguing that “the courts don't have to stand silently by while an injustice is perpetrated.” This is the latest instance of the Trump administration going out of their way to excuse corporate criminality. It will not be the last.This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe
Guest: Tim Koller, Partner at McKinsey & Company and Co-Author of Valuation: Measuring and Managing the Value of Companies For over three decades, Valuation has been the definitive guide to corporate value creation. Called “the best practitioners' guide to valuation” by the Financial Times and one of “the most influential contemporary books about the world economy” by The Economist, the book has sold over one million copies worldwide. Now in its 8th edition, Tim Koller and his co-authors bring fresh insights on AI, sustainability, digital transformation, and geopolitics—helping business leaders sharpen their decision-making and balance long-term value creation with the pressures of today's markets. In this episode, Tim shares: Why short-term earnings obsession remains the biggest misconception in corporate strategy How AI can help identify groupthink and bias in real time The real impact of tariffs and geopolitics on company valuations How leaders can balance shareholder value with stakeholder needs Why sustainability priorities should be tailored to the unique risks of each industry Lessons from Warren Buffett and contrarian thinkers who resisted market hype What has—and hasn't—changed about being a great CEO since 1990 Tim also reflects on 35 years of writing Valuation, explaining why timeless principles of growth, innovation, and long-term orientation matter more than ever in both stable and volatile times. About the Guest Tim Koller is a partner at McKinsey's Denver office and founder of McKinsey's Strategy and Corporate Finance Insights team. With more than 40 years of consulting experience, he has helped countless executives, boards, and investors navigate complex financial and strategic decisions. Resources & Links
The Intuitive Customer - Improve Your Customer Experience To Gain Growth
In this episode, Colin Shaw shares a recent personal experience with a major brand that imposed a 'gag order' (NDA) after a poor service experience — and how this reflects a deeper organizational issue: silos. Together with Professor Ryan Hamilton, Colin explores why siloed thinking leads to incoherent customer experiences, how internal motivations can conflict with CX goals, and what leaders must do to ensure learning, trust, and advocacy remain priorities. A must-listen for CX professionals and senior leaders alike. Best Quote: "Who decides? That is the question every leadership team should ask — and answer wisely." Key Takeaways: Organizational silos often lead to decisions that prioritise risk management over customer experience. Legal and PR functions may act rationally within their remit, but this can result in poor CX outcomes without CX leadership involvement. Service recovery is a powerful opportunity to build trust and advocacy — if handled thoughtfully. The presence of gag orders may indicate systemic issues that need urgent attention. CX leaders must break silos, promote organisational learning, and ensure customer trust is considered in every critical decision. Register for the 'Unleash AI. Reimagine CX launch event' by NiCE Cognigy https://www.nice.com/lps/nice-cognigy-launch-event?utm_source=influencers&utm_medium=cpc&utm_campaign=NL_Q425_EN_PLT_GLOB_252346_WBN_NiCE-Cognigy-Virtual-Launch-Event&utm_content=0522834&utm_detail=dentsu-influencers-nicecog-glob-colin About the Hosts: Colin Shaw is a LinkedIn 'Top Voice' with a massive 284,000 followers and 87,000 subscribers to his 'Why Customers Buy' newsletter. Shaw is named one of the world's 'Top 150 Business Influencers' by LinkedIn. His company, Beyond Philosophy LLC, has been selected four times by the Financial Times as a top management consultancy. Shaw is co-host of the top 1.5% podcast 'The Intuitive Customer'—with over 600,000 downloads—and author of eight best-sellers on customer experience, Shaw is a sought-after keynote speaker. Follow Colin on LinkedIn. Ryan Hamilton is a Professor of Marketing at Emory University's Goizueta Business School and co-author of 'The Intuitive Customer' book. An award-winning teacher and researcher in consumer psychology, he has been named one of Poets & Quants' "World's Best 40 B-School Profs Under 40." His research focuses on how brands, prices, and choice architecture influence shopper decision-making, and his findings have been published in top academic journals and covered by major media outlets like The New York Times and CNN. His work highlights how psychology can help firms better understand and serve their customers. Ryan has a new book called "The Growth Dilemma: Managing Your Brand When Different Customers Want Different Things" Harvard Business Press 2025 Follow Ryan on LinkedIn. Subscribe & Follow Apple Podcasts Spotify
One big story captures all six books selected by the Financial Times for their short list of best business books of 2025. As the FT's Senior Business Writer, Andrew Hill, notes, it's the story of the shift in global economic power from the United States to China. It's game over. From Dan Wang's Breakneck, which contrasts China's “engineering state” with America's “lawyering nation,” to Ezra Klein and Derek Thompson's Abundance, chronicling America's inability to build infrastructure, the shortlist reads like an autopsy of American decline. Edward Fishman's Choke Points examines the new age of economic warfare, while Eva Dou's House of Huawei reveals how Chinese companies vaulted past Western competitors. Even Stephen Witt's The Thinking Machine, ostensibly about NVIDIA's triumph, ultimately focuses on the US-China technology race. The judges, Hill admits, “very clearly narrowed in on this highly consequential US-China theme.” Whether chronicling rare earth minerals, clean energy dominance, or regulatory sclerosis, these books ask the same uncomfortable question: Is the American century over?* China's “Engineering State” vs. America's “Lawyering Nation” - Dan Wang's framework in Breakneck captures the fundamental difference: China builds (pouring concrete, clearing regulatory obstacles), while America litigates, creating layers of bureaucracy that prevent infrastructure development.* The Abundance Paradox - Klein and Thompson's bestseller reveals America's core dysfunction: a nation that once defined progress now can't build a high-speed rail link between its two most important California cities, spending billions for thirty yards of track.* Economic Warfare Replaces Free Trade - Edward Fishman's Choke Points documents how sanctions, tariffs, and supply chain control have become the primary weapons of statecraft, with “choke points” entering the policy lexicon as the new language of power.* China Already Controls the Future's Raw Materials - From rare earth minerals to clean energy technology, China has made strategic bets on tomorrow's economy while America remained wedded to oil and coal, creating dependencies that may be impossible to reverse.* Even American Success Stories Are Really About China - NVIDIA's $5 trillion valuation, chronicled in Stephen Witt's The Thinking Machine, isn't purely an American triumph—it's fundamentally about Taiwan, China, and the geopolitical competition for semiconductor dominance.Keen On America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe
The Intuitive Customer - Improve Your Customer Experience To Gain Growth
In this episode, Colin Shaw shares a recent personal experience with a major brand that imposed a 'gag order' (NDA) after a poor service experience — and how this reflects a deeper organizational issue: silos. Together with Professor Ryan Hamilton, Colin explores why siloed thinking leads to incoherent customer experiences, how internal motivations can conflict with CX goals, and what leaders must do to ensure learning, trust, and advocacy remain priorities. A must-listen for CX professionals and senior leaders alike. Best Quote: "Who decides? That is the question every leadership team should ask — and answer wisely." Key Takeaways: Organizational silos often lead to decisions that prioritise risk management over customer experience. Legal and PR functions may act rationally within their remit, but this can result in poor CX outcomes without CX leadership involvement. Service recovery is a powerful opportunity to build trust and advocacy — if handled thoughtfully. The presence of gag orders may indicate systemic issues that need urgent attention. CX leaders must break silos, promote organisational learning, and ensure customer trust is considered in every critical decision. Register for the 'Unleash AI. Reimagine CX launch event' by NiCE Cognigy https://www.nice.com/lps/nice-cognigy-launch-event?utm_source=influencers&utm_medium=cpc&utm_campaign=NL_Q425_EN_PLT_GLOB_252346_WBN_NiCE-Cognigy-Virtual-Launch-Event&utm_content=0522834&utm_detail=dentsu-influencers-nicecog-glob-colin About the Hosts: Colin Shaw is a LinkedIn 'Top Voice' with a massive 284,000 followers and 87,000 subscribers to his 'Why Customers Buy' newsletter. Shaw is named one of the world's 'Top 150 Business Influencers' by LinkedIn. His company, Beyond Philosophy LLC, has been selected four times by the Financial Times as a top management consultancy. Shaw is co-host of the top 1.5% podcast 'The Intuitive Customer'—with over 600,000 downloads—and author of eight best-sellers on customer experience, Shaw is a sought-after keynote speaker. Follow Colin on LinkedIn. Ryan Hamilton is a Professor of Marketing at Emory University's Goizueta Business School and co-author of 'The Intuitive Customer' book. An award-winning teacher and researcher in consumer psychology, he has been named one of Poets & Quants' "World's Best 40 B-School Profs Under 40." His research focuses on how brands, prices, and choice architecture influence shopper decision-making, and his findings have been published in top academic journals and covered by major media outlets like The New York Times and CNN. His work highlights how psychology can help firms better understand and serve their customers. Ryan has a new book called "The Growth Dilemma: Managing Your Brand When Different Customers Want Different Things" Harvard Business Press 2025 Follow Ryan on LinkedIn. Subscribe & Follow Apple Podcasts Spotify
Bajo este titular, Financial Times, sepulta la idea loca del gobierno colombiano de generar crecimiento sin el crudo, al menos por ahora, en este momento de desarrollo del país
Interview recorded - 4th of November, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming on Shaun Rein. Shaun is the Founder and Managing Director of the China Market Research Group (CMR), the world's leading strategic market intelligence firm focused on China. During our conversation we spoke about what is happening on the ground in China, the tariff strategy, consolidation in Chinese manufacturing, secular shift in US excellence, End of the American Empire and more. I hope you enjoy!0:00 - Introduction1:49 - What is happening in China?5:29 - Second order tariffs9:42 - Tariff strategy13:11 - China trade unfairness18:04 - Consolidation of China21:19 - More upside in China?23:59 - Secular shift?26:22 - Trade war ending?29:59 - End of the American Empire?Shaun Rein is the Founder and Managing Director of the China Market Research Group (CMR), the world's leading strategic market intelligence firm focused on China. He works with Boards, billionaires, Heads of States, CEOs and senior executives of Fortune 500 & leading Chinese companies, private equity firms, SMEs and long/ hedge funds to develop their China growth, political and investment strategies. Rein authored the international best-sellers "The War for China's Wallet: Profiting from the New World Order," "The End of Cheap China" & "The End of Copycat China." Publishers Weekly named "Cheap" a "Top 10 business book for 2012." The Financial Times called "Copycat" "Intriguing" and said of Wallet: “Mr. Rein's insider tales of what it takes to work in contemporary China are insightful...a toolbox for those who want to work with Chinese companies make it a worthwhile read.”Rein is regularly featured in the Wall Street Journal and The Financial Times. His op-eds have appeared in the New York Times. He frequently appears on CNN, BBC, MarketPlace, CNBC, Bloomberg, PBS and MSNBC. Rein formerly taught executive education classes for London Business School and was a weekly columnist for CNBC and Forbes. He also wrote a column for Bloomberg BusinessWeek. Rein is one of the most sought out keynote speakers focused on innovation, consumer trends and the economy in China.Shaun Rein - Website - http://www.cmrconsulting.com.cn/xsyX - https://x.com/shaunreinYouTube - @shaunrein4708 WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4X - https://twitter.com/AnthonyFatseasThumbnail image from - https://basc.berkeley.edu/the-u-s-china-trade-war-whats-next/
Edward Luce, U.S. national editor and columnist at the Financial Times and author of Zbig: The Life of Zbigniew Brzezinski, America's Great Power Prophet,joins the show to discuss one of the most interesting characters of the Cold War, Jimmy Carter's national security advisor Zbigniew Brzezinski. ▪️ Times 00:00 The Life and Legacy of Zbigniew Brzezinski 02:55 Carter's Foreign Policy and Brzezinski's Influence 05:56 Contrasting Worldviews: Brzezinski vs. Kissinger 08:52 The Formative Years: War and Identity 11:35 The Cold War Landscape and Brzezinski's Rise 14:34 Order vs. Justice: Diverging Philosophies 17:55 Brzezinski's Strategic Vision for the Cold War 20:57 The Vietnam War and Its Impact on Brzezinski 23:47 Brzezinski's Approach to Foreign Policy 28:35 The Rise of Jimmy Carter and the Trilateral Commission 32:12 Carter's Foreign Policy Challenges: The Middle East and Iran 37:15 Human Rights and the Shift from Nixon to Carter 45:27 Reagan's Continuity and Change: A New Era in Foreign Policy 51:19 The Iranian Revolution and Brzezinski's Legacy Follow along on Instagram, X @schoolofwarpod, and YouTube @SchoolofWarPodcast Find a transcript of today's episode on our School of War Substack
Starbucks Coffee Co announced on Tuesday that it has sold a majority stake in its China business to Boyu Capital, a leading Chinese investment firm, forming a joint venture that will operate Starbucks' retail operations in the country. The move marks a major step in the coffee chain's next phase of growth in its fastest-expanding market. 周二,星巴克咖啡公司宣布,已将其中国业务的大部分股权出售给中国领先投资机构博裕资本,双方将成立一家合资企业,运营星巴克在中国的零售业务。此举标志着这家咖啡连锁企业在其增长最快的市场中,迈出了下一阶段发展的重要一步。Under the agreement, Boyu Capital will acquire up to a 60 percent stake in Starbucks' China retail operations based on a cash-free, debt-free enterprise value of about $4 billion, while the US coffee chain will retain a 40 percent stake. Starbucks will continue to own and license its brand and intellectual property to the new entity.Starbucks estimates the total value of its China retail business will exceed $13 billion, reflecting proceeds from the stake sale, the retained equity interest and the net present value of ongoing licensing payments over the next decade or longer.根据协议,以约40亿美元的无现金、无债务企业估值计算,博裕资本将收购星巴克中国零售业务高达60%的股权,而这家美国咖啡连锁企业将保留40%的股权。星巴克将继续拥有其品牌及知识产权,并将其授权给新成立的实体使用。星巴克估计,其中国零售业务的总价值将超过130亿美元,这一估值涵盖了股权出售所得、持有的股权价值,以及未来十年或更长时间内持续授权费用的净现值。The JV, headquartered in Shanghai, underscores Starbucks' long-term confidence in the Chinese market, where it has operated for more than 26 years and currently runs about 8,000 stores.这家总部位于上海的合资企业,凸显了星巴克对中国市场的长期信心。星巴克已在中国运营超过26年,目前在中国拥有约8000家门店。The company said the partnership aims to expand that footprint to as many as 20,000 locations over time, tapping into demand from smaller cities and emerging regions.星巴克表示,该合作旨在逐步将其在中国的门店数量扩大至2万家,以挖掘三四线城市及新兴地区的市场需求。"Boyu's deep local knowledge and expertise will help accelerate our growth in China, especially as we expand into smaller cities and new regions," said Brian Niccol, chairman and CEO of Starbucks Coffee Co.星巴克董事长兼首席执行官布莱恩・尼科尔表示:“博裕资本深厚的本土经验与专业知识,将助力我们加快在中国的增长步伐,尤其是在我们向中小城市及新区域扩张的过程中。”According to consultancy Euromonitor International, China's specialty coffee and tea shop market reached 132.5 billion yuan ($18.6 billion) in 2024 and is forecast to rise to 273.9 billion yuan by 2029, representing a compound annual growth rate of 13.5 percent.根据欧睿国际咨询公司的数据,2024年中国特色咖啡及茶饮店市场规模达到1325亿元人民币(约合186亿美元),预计到2029年将增至2739亿元人民币,复合年增长率达13.5%。Despite this, Starbucks' market share has slipped in recent years, ranking second behind Luckin Coffee in 2025. Luckin's second-quarter revenue surged 47.1 percent year-on-year to 12.36 billion yuan, while its net profit grew 43.6 percent to 1.25 billion yuan. By the end of June, Luckin's total store count reached 26,206, including nearly 9,300 franchised locations.尽管市场整体增长态势良好,但近年来星巴克的市场份额有所下滑。2025年,其市场排名已落后于瑞幸咖啡,位居第二。瑞幸咖啡第二季度营收同比增长47.1%,达123.6亿元人民币,净利润同比增长43.6%,至12.5亿元人民币。截至6月底,瑞幸咖啡门店总数已达26206家,其中包括近9300家特许经营门店。Starbucks' performance, however, has shown signs of improvement this year. For the quarter ended Sept 28, Starbucks China reported revenue of about $831.6 million, up 5 percent year-on-year, with both the operating profit and profit margin rising for four consecutive quarters.不过,今年星巴克的业绩已显现出改善迹象。在截至9月28日的季度中,星巴克中国营收约为8.316亿美元,同比增长5%,营业利润及利润率已连续四个季度实现增长。Reports of Starbucks' plan to sell a stake in its China business surfaced earlier this year. In July, CNBC reported that more than 30 investors, including Hillhouse Capital, Carlyle, KKR and Centurium Capital — Luckin Coffee's largest shareholder — had expressed interest. By October, the Financial Times reported that five private equity firms had submitted binding bids: Sequoia Capital, Primavera Capital, FountainVest Partners, Carlyle and Boyu Capital. Among them, Carlyle and Boyu were regarded as the frontrunners.有关星巴克计划出售中国业务部分股权的消息于今年早些时候浮出水面。7月,美国消费者新闻与商业频道报道称,包括高瓴资本、凯雷集团、KKR集团以及瑞幸咖啡最大股东大钲资本在内的30多家投资方均表达了兴趣。到10月,英国《金融时报》报道称,已有五家私募股权公司提交了具有约束力的报价,分别是红杉资本、春华资本、方源资本、凯雷集团和博裕资本。其中,凯雷集团与博裕资本被视为热门候选方。Boyu Capital, known for investments in technology, consumer and healthcare sectors, has backed more than 200 companies, including SKP luxury shopping centers, Mixue Group and iQiyi.博裕资本以投资科技、消费及医疗健康领域闻名,已投资超过200家企业,包括SKP奢侈品购物中心、蜜雪冰城集团及爱奇艺等。"This partnership reflects our shared belief in the enduring strength of that brand and the opportunity to bring even greater innovation and local relevance to customers across China," said Alex Wong, partner at Boyu Capital.博裕资本合伙人黄宇铮表示:“此次合作体现了我们对星巴克品牌持久实力的共同信心,也彰显了我们为中国各地消费者带来更多创新产品及本土化服务的机遇。”Industry observers say the deal mirrors McDonald's 2017 sale of its China business to CITIC Capital, which helped the fast-food giant double its restaurant count in eight years through localized decision-making, supply chain development and digital innovation.行业观察人士指出,这笔交易与2017年麦当劳将中国业务出售给中信资本的模式相似。当时,通过本土化决策、供应链建设及数字化创新,麦当劳中国的门店数量在八年内实现了翻倍。Jason Yu, general manager of CTR Market Research, said Boyu's involvement will help Starbucks "optimize store locations, introduce localized products and enhance brand competitiveness in lower-tier markets".央视市场研究总经理虞坚表示,博裕资本的参与将帮助星巴克“优化门店选址、推出本土化产品,并提升其在下沉市场的品牌竞争力”。The transaction is expected to close in the second quarter of Starbucks' fiscal year 2026, subject to regulatory approvals.该交易预计将在星巴克2026财年第二季度完成,具体取决于监管部门的审批情况。stake/steɪk/n.股权;股份joint venture/ˌdʒɔɪnt ˈventʃə(r)/n.合资企业;合资经营
At the start of 2025 there was optimism that the global M&A market would strengthen with the expectation that inflation and interest rates would fall and a more favourable regulatory environment would exist. Yet it was a slow start amid uncertainty. The unpredictability of US trade policy under the Trump administration saw the global Economic Policy Uncertainty Index rise to a 30 year record high in early 2025, decreasing the appetite for deals. But M&A still remains a critical part of a companies growth strategy. So where will the M&A market be at the end of this year and over the next five years? And how can business leaders manage a successful M&A in today's climate and tomorrow's world? Here to discuss this further are Brian Salsberg, Snr Managing Director & Global Head of M&A at FTI Consulting and Massimo Battaini, CEO of Prysmian.Sources: FT Resources, Morrison Foerster, St.Louis Fed, McKinsey, World Uncertainty Index, JP MorganThis content is paid for by Prysmian and is produced in partnership with the Financial Times' Commercial Department. The views and claims expressed are those of the guests alone and have not been independently verified by The Financial Times. Hosted on Acast. See acast.com/privacy for more information.
If you travel when you're young and fall in love with the thrill and freedom of the road, a choice eventually arises. Do you abandon the traditional milestones of success and accomplishment and let the road be your life? Or do you do the 'grown-up' thing, move home, get a good corporate job, climb the ladder, and 'achieve'? Matt Wilson looked this choice squarely in the eye and said, "Why Not Both?" From a successful career as the founder of 'Under 30 CEO' in New York, he embraced the digital nomad freedom with a base in Puerto Rico. Years of travel followed, but business was not left behind. Matt fused his passion for travel with his entrepreneurial skills to create 'Under 30 Experiences,' a Millennial-oriented travel company. He authored the Millennial Travel Guidebook and made the Financial Times 1000 list of America's Fastest-Growing Companies. Matt is now a father, and we spoke about how fatherhood changed his approach to travel, business, and work-life balance. (And, although she was so well-behaved you won't hear on the audio, my baby daughter joined us for the last 10 or so minutes of the episode, and you'll hear Matt's reaction as she enters the screen). Listen to Matt speak about success, business, travel, and parenthood on the Travel Writing Podcast here or find us on Spotify or iTunes.
Financial Times reports Miami developers courting wealthy New Yorkers fleeing Zohran Mamdani's NYC. PBD and the crew debate taxes, crime, and whether an exodus will lift Florida real estate. Will businesses and jobs follow south, or is this hype over a short-lived surge?
Carl Quintanilla, Jim Cramer and David Faber led off the show with the government shutdown's impact on air travel: Transportation Secretary Sean Duffy and Federal Aviation Administration officials announced a 10% reduction in air traffic at 40 major U.S. airports, beginning Friday. The anchors reacted to Nvidia CEO Jensen Huang softening comments he made to the Financial Times about China beating the U.S. in the AI race. Shares of Arm Holdings and Qualcomm moved in opposite directions after each company posted earnings. The watch is on to see how Tesla shareholders vote on CEO Elon Musk's $1 trillion pay package at the EV maker's annual meeting. Also in focus: Big market swings for Thursday's earnings winners and losers. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Apple's China story is more than a business case — it's a mirror of globalization itself.In this eye-opening conversation, Patrick McGee, Financial Times journalist and author of Apple in China, sits down with Pankaj Agarwal to explore how Apple's greatest triumph became its biggest challenge.
Ravit Dotan argues that the primary barrier to accountable AI is not a lack of ethical clarity, but organizational roadblocks. While companies often understand what they should do, the real challenge is organizational dynamics that prevent execution—AI ethics has been shunted into separate teams lacking power and resources, with incentive structures that discourage engineers from raising concerns. Drawing on work with organizational psychologists, she emphasizes that frameworks prescribe what systems companies should have but ignore how to navigate organizational realities. The key insight: responsible AI can't be a separate compliance exercise but must be embedded organically into how people work. Ravit discusses a recent shift in her orientation from focusing solely on governance frameworks to teaching people how to use AI thoughtfully. She critiques "take-out mode" where users passively order finished outputs, which undermines skills and critical review. The solution isn't just better governance, but teaching workers how to incorporate responsible AI practices into their actual workflows. Dr. Ravit Dotan is the founder and CEO of TechBetter, an AI ethics consulting firm, and Director of the Collaborative AI Responsibility (CAIR) Lab at the University of Pittsburgh. She holds a Ph.D. in Philosophy from UC Berkeley and has been named one of the "100 Brilliant Women in AI Ethics" (2023), and was a finalist for "Responsible AI Leader of the Year" (2025). Since 2021, she has consulted with tech companies, investors, and local governments on responsible AI. Her recent work emphasizes teaching people to use AI thoughtfully while maintaining their agency and skills. Her work has been featured in The New York Times, CNBC, Financial Times, and TechCrunch. Transcript My New Path in AI Ethics (October 2025) The Values Encoded in Machine Learning Research (FAccT 2022 Distinguished Paper Award) - Responsible AI Maturity Framework
¿Problemas de adicción al #alcohol, #drogas…? ☎️ 915 630 447 ¡LLAMANOS 24H! 🌐 https://bienestar.neurosalus.com/ Solicita ahora mismo información sobre tratamientos de desintoxicación, precios, disponibilidad de plazas… HA SIDO POSIBLE CREAR EL PROGRAMA “LA REUNIÓN SECRETA” GRACIAS A TU AYUDA COMO GUARDIÁN MECENAS. ***** HAZTE MECENAS EN https://www.patreon.com/lareunionsecreta Esta noche vive un nuevo directo de #LaReuniónSecreta desde la 22:00 hora española. Te decimos lo que nadie dice: sin anestesia y sin edulcorantes. ¡La Reunión Secreta somos todos! No se lo digas a nadie… ¡PÁSALO! 🔁💪🤫 🎸 CARLITOS TÍNEZ https://www.youtube.com/channel/UC0eeuxpQ70z-Pe0rHhOq9Fg Conexiones en directo con: Conexiones en directo con: - Johny The Knife (Maestro del cuchillo. Figura reconocida en el mundo del cuchilleo) - José Carlos González-Hurtado (Elegido por el Financial Times entre los ‘Top 100 Global Board Candidates’. Reconocido como ‘Mejor Empresario del Año’. ‘Top 10 líderes de Israel’. Presidente de EWTN España, la mayor red religiosa de medios de comunicación del mundo) - Enrique Echazarra (Investigador del mundo del misterio, con más de 15 años de experiencia. Cofundador de la Asociación de Investigación y Divulgación CEIP de Vitoria. Colaborador habitual en Cuarto Milenio) Con el equipo habitual de La Reunión Secreta: Dr. José Miguel Gaona, Joan Miquel MJ, Carlos Martínez, Lourdes Martínez, Marta Vim, Olga Ralló, Luna de María, Tatiana y Piluca. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ SÍGUENOS EN REDES Twitter: https://twitter.com/lrsecreta Instagram: https://www.instagram.com/lareunionsecreta/ Facebook: https://www.facebook.com/LRsecreta REDES SOCIALES DEL EQUIPO | DR. JOSÉ MIGUEL GAONA | - https://twitter.com/doctorgaona | DIRECTOR | - Joan Miquel MJ - https://www.instagram.com/official_joan_miquel_mj/ | PRODUCTORA | - Lourdes Martínez - https://twitter.com/chicadelaradio | AYUDANTE DE DIRECCIÓN | - Olga Ralló - https://twitter.com/olgarallo | AYUDANTE DE PRODUCCIÓN | - Carlos Martínez - https://twitter.com/Carlitos_Tinez _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
De heffingen van president Trump zijn ineens onzeker geworden. Het Amerikaanse Hooggerechtshof moest tijdens een hoorzitting oordelen of die tarieven wel deugen. Ondanks dat Trump een meerderheid van de (conservatieve) rechters achter zich heeft, zijn ze bepaalt niet op zijn hand.De uitspraak is er nog niet, maar volgens veel deskundigen ziet het er niet goed uit voor de president. Dat zijn tarieven van de baan zijn. Slecht voor hem, maar goed voor jou? We bespreken het deze aflevering uitgebreid.Ondertussen maakt Maersk, de Deense vrachtvaarder, zich geen zorgen over de handelsoorlog. De internationale handel gaat gewoon door, blijkt uit de kwartaalcijfers. Hebben we het ook over AirFrance-KLM. En dan voornamelijk over 'de blauwe trots'. KLM presteert namelijk nog steeds niet goed en dat begint toch wel op te vallen. Opvallen doet Meta, maar dan in negatieve zin. Uit gelekte documenten blijkt dat het bedrijf miljarden verdient aan frauduleuze advertenties. Meta moet zich nu waarschijnlijk schrap zetten voor boetes of strengere regels van de toezichthouder. See omnystudio.com/listener for privacy information.
Full show notes and ad-free listening at wickedproblems.earthShipping is one of those things that's just supposed to work. Post-Titanic, we created a set of rules that currently are looked after by the International Maritime Organization (IMO), which successfully removed much of the drama from shipping — so successful that Britain's “Shipping Forecast” is now soothing ASMR for bedtime listening. But last month at the IMO in London, what should have been a procedural meeting on decarbonising shipping turned into something far messier. According to a Financial Times investigation, U.S. officials didn't just lobby against a global carbon levy on shipping — they allegedly threatened, intimidated and black-mailed delegates from smaller nations. Developing-country delegates said they were warned their ships would face higher U.S. port fees, their officials denied visas, and their trade punished if they didn't abandon support for the Net Zero Framework the IMO had endorsed only six months earlier. “It was like dealing with the Mob,” one diplomat told the FT. In the end, it worked. The deal — the world's first carbon-pricing mechanism for global shipping — was postponed for a year. The IMO, normally the most technocratic of international bodies, was left “in a state of complete shock.” For the uninitiated this may sound arcane. But shipping matters. Roughly 90 % of global trade moves by sea; the sector accounts for about 3 % of global CO₂ emissions — more than Germany — and until now has been largely outside the reach of meaningful climate regulation. The Net Zero Framework was meant to change that. It had already been provisionally agreed by a majority of countries in April. But by October, something changed. Countries like China, India, Panama, Liberia — and even Greece and Cyprus, who broke with the EU line — suddenly voted to adjourn. news.wickedproblems.ukAnd the shift didn't come from nowhere: it came from pressure. From a U.S. administration that now treats climate policy as an existential threat to American interests.
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The Bank of England will likely keep interest rates unchanged today at 4% in what is expected to be a closely contested decision. (2) The UK's biggest business lobby has warned Rachel Reeves against hitting companies with a series of smaller tax rises, saying she should "prioritize long-term prosperity over short-term thinking."(3) The US Supreme Court appeared skeptical of President Donald Trump’s sweeping global tariffs, as key justices suggested he had overstepped his authority with his signature economic policy.(4) European economy commissioner Valdis Dombrovskis has signalled that the EU is willing to accommodate international concerns about its ESG rules, as the bloc fields threats from the US and Qatar.(5) Nvidia's CEO Jensen Huang has warned that China will beat the US in the artificial intelligence race in part due to lower energy costs and looser regulations, he told the Financial Times. (6) The US plans to cut domestic flight capacity by 10% at 40 major airports across the country if the government shutdown continues.Podcast Conversation: JPMorgan’s Billionaire Clients Want Sports Teams More Than Fine ArtSee omnystudio.com/listener for privacy information.
De heffingen van president Trump zijn ineens onzeker geworden. Het Amerikaanse Hooggerechtshof moest tijdens een hoorzitting oordelen of die tarieven wel deugen. Ondanks dat Trump een meerderheid van de (conservatieve) rechters achter zich heeft, zijn ze bepaalt niet op zijn hand.De uitspraak is er nog niet, maar volgens veel deskundigen ziet het er niet goed uit voor de president. Dat zijn tarieven van de baan zijn. Slecht voor hem, maar goed voor jou? We bespreken het deze aflevering uitgebreid.Ondertussen maakt Maersk, de Deense vrachtvaarder, zich geen zorgen over de handelsoorlog. De internationale handel gaat gewoon door, blijkt uit de kwartaalcijfers. Hebben we het ook over AirFrance-KLM. En dan voornamelijk over 'de blauwe trots'. KLM presteert namelijk nog steeds niet goed en dat begint toch wel op te vallen. Opvallen doet Meta, maar dan in negatieve zin. Uit gelekte documenten blijkt dat het bedrijf miljarden verdient aan frauduleuze advertenties. Meta moet zich nu waarschijnlijk schrap zetten voor boetes of strengere regels van de toezichthouder. See omnystudio.com/listener for privacy information.
Michael Stott, editor para América Latina del Financial Times, explica los modelos de relacionamiento de otros países de la región con Washington y qué podemos aprender de ellos.
Edward Luce discusses how Zbigniew Brzezinski, National Security Advisor to President Carter, sought to bring down the USSR and end the Cold War by magnifying the Politburo' dilemmas. During the Cold War, two dominant émigré figures emerged in United States national security strategy making: Henry Kissinger (Republican) and Zbigniew Brzezinski (Democrat). Zbigniew Brzezinski played a pivotal behind-the-scenes role in Jimmy Carter's presidential campaign, later serving as Carter's National Security Advisor. Often described as the realist 'Yin' to Carter's idealistic 'Yang,' Brzezinski was a trusted confidant of the President. However, his often-hawkish foreign policy stance created tensions within the Democratic Party and led to challenging relationships with colleagues in the State Department and Department of Defence. His efforts to bring down the Soviet Union earned the admiration of Ronald Reagan, whose Republican administration continued many of Brzezinski's policies. The consequences of some of these policies, though, caused problems later. Edward Luce is the North America Editor of the Financial Times. He published a recent biography of Zbigniew Brzezinski that sought to reclaim Brzezinski's reputation as a leading architect of the strategy that brought the Cold War to an end without it becoming hot. Further Reading Edward Luce, Zbig. The life of Zbig Brzezinski: America's great power prophet (New York: Simon & Schuster, 2025). Zbigniew Brzezinski, Strategic Vision; American and the Crisis of Global Power, Basic Books, 2012, available at: https://archive.org/details/strategicvisiona0000brze Zbigniew Brzezinski, The Grand Chessboard: American Primacy and its Geostrategic Imperatives, Basic Books, 1997, available at: https://archive.org/details/grandchessboarda00brze_0/mode/2up Zbigniew Brzezinski, Out of Control: Global Turmoil on the Eve of the 21st Century, Collier Books, 1993, available at: https://archive.org/details/outofcontrolglob00brze/mode/2up Zbigniew Brzezinski, Power and Principle: Memoirs of the National Security Adviser, 1977–1981 (New York: Farrar, Straus, Giroux, 1983). Justin Vaïsse, Zbigniew Brzezinski: America's Grand Strategist (Cambridge, MA: Harvard University Press, 2018)
Watch the full episode on our YouTube channel: youtube.com/@mreapodcastWe're sitting down with researcher and industry truth-teller, Mike DelPrete, to cut through the noise on tech, AI, and what clients really want from us. Mike's work has appeared in The New York Times, The Wall Street Journal, the Financial Times, and The Economist. He teaches, studies the business, and backs every take with data.We dig into the psychology behind home sales and why our industry is harder to “disrupt” than startups think. Mike shares fresh findings from secret-shopper research: Half of online and in-person leads never get a follow-up. We connect that to the three client traits that win listings and loyalty: 1. Be patient, 2. Be knowledgeable, and 3. Be transparent.We also explore AI in two simple buckets. Bucket one includes an operating-expense buster that helps us work faster and cleaner. Bucket two shows a shift in how people search. Then we get tactical by explaining how reviews are trust signals, why a tight niche can help you, and when a cadence of communication that matches each client's expectations builds value.If you're ready to trade opinions for proof, this episode gives you a clear playbook to act on today.Resources:Mike DelPrete's research hub: MikeDP.comListen: Context podcast by Mike DelPreteRead $100M Offers by Alex HormoziOrder the Millionaire Real Estate Agent Playbook | Volume 3Connect with Jason:LinkedinProduced by NOVAThis podcast is for general informational purposes only. The views, thoughts, and opinions of the guest represent those of the guest and not Keller Williams Realty, LLC and its affiliates, and should not be construed as financial, economic, legal, tax, or other advice. This podcast is provided without any warranty, or guarantee of its accuracy, completeness, timeliness, or results from using the information.WARNING! You must comply with the TCPA and any other federal, state or local laws, including for B2B calls and texts. Never call or text a number on any Do Not Call list, and do not use an autodialer or artificial voice or prerecorded messages without proper consent. Contact your attorney to ensure your compliance.
Pelle Neroth Taylor is a Swedish-British journalist, filmmaker, and political writer based in Sweden, renowned for his investigative work on geopolitics, propaganda, political assassinations, and the rise of European populism. Educated at Westminster School and Bristol University, he began his career in the early 1990s reporting for The Economist from the post-communist Baltic States, later editing and contributing to outlets like The Guardian, The Independent on Sunday, The Times, Financial Times, Sunday Times, New Scientist, and The Lancet. As founder of Two Raven Films, he has produced documentaries such as Sweden, Dying to Be Multicultural, a critical examination of Sweden's immigration policies that has garnered over 2 million views on platforms like Amazon Prime and Blckbx TV, and Cancel Nation, addressing censorship and cancel culture. Tickets to Cornerstone Forum 26': https://www.showpass.com/cornerstone26/Tickets to the Mashspiel:https://www.showpass.com/mashspiel/Silver Gold Bull Links:Website: https://silvergoldbull.ca/Email: SNP@silvergoldbull.comText Grahame: (587) 441-9100Bow Valley Credit UnionBitcoin: www.bowvalleycu.com/en/personal/investing-wealth/bitcoin-gatewayEmail: welcome@BowValleycu.com Use the code “SNP” on all ordersProphet River Links:Website: store.prophetriver.com/Email: SNP@prophetriver.comGet your voice heard: Text Shaun 587-217-8500
Tim Richards is the CEO and Founder of Vue International—one of Europe's largest cinema groups. He joins Will Bain for the Big Boss Interview to share his remarkable journey from mergers and acquisitions (M&A) lawyer to major Hollywood player, all sparked by a chance ad in the Financial Times. The anonymous job listing turned out to be for a role at Paramount and Universal, leading to first-class travel on Concorde and a front-row seat in the film industry.Despite the glitz and glamour, Tim recounts a moment of reckoning when he realised his division was in trouble. That prompted him to seek a new venture—and Vue was born. Raising capital and acquiring the Warner Brothers circuit became, pardon the pun, paramount to Vue's success. In a scene straight out of a Hollywood film, Tim describes a rival cinema boss who, over lunch, threatened to build across the street from every Vue location in a bid to run them out of town.Tim reflects on how the industry has evolved over his four decades in it, including the catastrophic impact of COVID-19, which forced all Vue cinemas worldwide to close for two years. He describes the experience as an “emotional rollercoaster,” admitting to moments of real struggle.The conversation shifts to the rise of streaming and the so-called “content wars.” Tim doesn't see Netflix and Disney+ as direct competitors. Instead, he views other out-of-home entertainment—like theme parks and football matches—as the real rivals. He's confident there's room for both streaming and theatrical releases and is optimistic about the future, especially with a new wave of films and innovations on the horizon.He also addresses the challenge of attracting younger audiences and keeping cinema affordable, while criticising government policies that raise costs for the leisure sector—arguing they often hurt the very people they aim to help.Despite the hardships the industry has faced, Tim believes 2026 could break all box office records.His story has all the trappings of blockbuster movie, but it's unlikely to be streamed first.00:18 Sean Farrington and Will Bain set out who Tim Richards is and give overview of topics 01:42 Tim Richards joins the interview 02:55 Tim's early career as a lawyer and move into entertainment 04:01 Working at Paramount and Universal; global cinema industry in the 80s/90s 06:05 Tim's transition from studio executive to entrepreneur 09:38 Identifying a gap in the cinema market 11:28 The pivotal Warner Brothers Circuit acquisition 12:48 Innovations in cinema experience: stadium seating and customer focus 14:00 The impact of the pandemic and streaming on the cinema industry 16:21 Theatrical vs. streaming releases; industry changes post-pandemic 19:45 The ongoing role of made-for-TV movies and studio strategies 22:05 The emotional toll of the pandemic and business survival 23:55 Innovations in customer experience: frictionless cinema visits 26:30 Record-breaking attendance across genres and demographics 27:30 The challenge of attracting younger audiences 28:30 Cinema pricing, accessibility, and dynamic pricing strategies 29:45 Navigating rising costs and government policy impacts 30:45 The future of cinema: upcoming films and industry optimism 32:00 Supporting British and independent films; new ventures 36:00 Closing remarks and outroPresenter: Will Bain Producer: Olie D'Albertanson Editor: Henry Jones
Den europæiske centralbank holdt renten i ro og gav dermed ingen julegaver til de danske boligejere. Slagsmålet mellem Europa, USA og Kina om de altafgørende sjældne jordarter tager til, og den amerikanske finansminister taler nu hudløst ærligt om, at Vesten skal tage magten tilbage fra Kina. Vi diskuterer også spritny forskning fra Yale University, hvor fire forskere har sat tal på, hvor meget Elon Musks politiske rablerier har betydet for Teslas bilsalg. Svaret er: Katastrofalt meget. Til sidst kigger vi en fremragende artikel i Financial Times, hvor de analyserer Novo Nordisk og kapløbet om fedmemedicin på pilleform. I studiet: Magnus Barsøe og Mikael Milhøj.See omnystudio.com/listener for privacy information.
Swiss cheese agreements. Overspending by big tech - could that be their downfall? A rate cut in the dark and AI's Impact on Future Workforce. Guest: Vitaliy Katsenelson is discussing the basic math of the markets, including where to actually find bargains. NEW! DOWNLOAD THIS EPISODE'S AI GENERATED SHOW NOTES (Guest Segment) Follow @andrewhorowitz Vitaliy Katsenelson, born and raised in Murmansk, Russia (the home for Russia‘s northern navy fleet, think Tom Clancy‘s Red October). Immigrated to the US from Russia in 1991 with all his family three brothers, father, and stepmother. His professional career is easily described in one sentence: He invest, He educates, he writes, and he could not dream of doing anything else. He is Chief Investment Officer at Investment Management Associates, Inc (IMA), a value investment firm based in Denver, Colorado. After he received his graduate and undergraduate degrees in finance (cum laude) from the University of Colorado at Denver, and finished his CFA designation, he wanted to keep learning. He figured the best way to learn is to teach. At first he taught an undergraduate class at the University of Colorado at Denver and later a graduate investment class at the same university that he designed based on his day job. He found that the university classroom was not big enough, so he started writing. He writes a monthly column for Institutional Investor Magazine and he has written articles for the Financial Times, Barron‘s, BusinessWeek, Christian Science Monitor, New York Post, and the list goes on. He was profiled in Barron‘s, and has been interviewed by Value Investor Insight, Welling@Weeden, BusinessWeek, BNN, CNBC, and countless radio shows. Vitaliy has authored the Little Book of Sideways Markets (Wiley, 2010) and Active Value Investing (Wiley, 2007). Follow @vitaliyk Check this out and find out more at: http://www.interactivebrokers.com/ More information available on Horowitz & Company's TDI Managed Growth Strategy Stocks discussed this week (ORCL), AMZN), (MSFT), (DIS), (AMD), (NVDA), (NOK)
« De la Tyrannie en Amérique ». C'est la couverture du Nouvel Obs cette semaine. Un dossier sur les débuts du second mandat de Donald Trump, élu le 5 novembre 2024, il y a un an. Et ce titre « De la Tyrannie en Amérique » évoque la fracture du système démocratique américain ébranlée depuis le retour au pouvoir de Trump, bien loin du célèbre ouvrage d'Alexis de Tocqueville De la démocratie en Amérique, publié au XIXè siècle. Ainsi, commente le Nouvel Obs, le président américain « transforme la plus vieille démocratie du monde, en régime illibéral ». Dès janvier dernier, le Financial Times avait pu voir clair sur l'avenir du pays, le jour de l'investiture : « Le contraste entre Trump et ses prédécesseurs signale plus un changement de régime qu'un simple transfert de pouvoir ». Et depuis, les péripéties ont été nombreuses depuis le retour du Roi à la Maison Blanche, comme résume une manifestante du mouvement « No Kings » (« Pas de roi en Amérique ») avec ces quelques mots : « Louis XVI a dit "L'État, c'est moi". C'est exactement comme ça que Trump voit les choses ». Louis XVI et « La doctrine du Gangster » Le Nouvel Obs revient sur ce qu'il appelle « La doctrine du Gangster ». Ainsi, Trump « s'est servi d'Elon Musk comme d'un idiot utile, en le nommant à la tête d'un département à l'Efficacité gouvernementale pour licencier des dizaines de milliers d'employés fédéraux et fermer des agences telles que l'USAID, chargée de l'aide étrangère. Il a imposé le nationalisme chrétien blanc comme la nouvelle idéologie nationale, interdit les termes "diversité", "équité", "inclusion", (…) a attaqué ses opposants, mais amnistié ses amis, à commencer par les émeutiers du Capitole. » Que dire des droits humains et des minorités sur le sol américain ? Le président a également « asphyxié l'audiovisuel public, instrumentalisé la culture, réécrit l'histoire » Le Nouvel Obs s'intéresse aussi aux antivax au pouvoir. En fait, souligne le magazine, « Quand la réalité ne lui plaît pas, il la change. » Les États-Unis sont par ailleurs sortis de l'Accord de Paris sur le Climat et de l'Organisation mondiale de la Santé. Et ce n'est pas fini… Dernièrement, l'assassinat de Charlie Kirk, érigé en martyr national, a lancé une nouvelle phase dans la consolidation du pouvoir Trumpien. « Objectif : rendre l'opposition inopérante avant les midterms. Une vaste opération de redécoupage a été lancée (…) pour priver les démocrates de futurs sièges aux Congrès » Ainsi, « L'adversaire désigné, c'est "l'extrémisme de gauche", "les antifas", des appellations assez floues – Vous l'aurez compris – pour s'en prendre à toute l'opposition, accusée de promouvoir la violence politique responsable de la mort de Charlie Kirk. » Et ceux en travers de sa route, ont fini par se faire inculper. L'ex-directeur du FBI James Comey, la procureur générale de New York Laetitia James, son ancien conseiller à la sécurité nationale James Bolton. Reste cette question : Ira-t-il jusqu'à déclencher l'Insurrection Act autorisant le déploiement de l'armée dans le pays ? Trump a déjà envoyé la garde nationale dans les bastions démocrates : Washington, Portland, Chicago… Washington, devenu un « laboratoire de la dictature » détaille dans un nouvel article Le Nouvel Obs : Trump montre qu'il peut « soumettre une ville ayant voté à 92 % contre lui et repousser les limite du pouvoir exécutif en profitant de sa vulnérabilité » car la capitale n'est pas un État et n'a pas de représentation au Capitole, ni de contrôle sur son budget. Trump veut même rebaptiser la scène culturelle en « Trump Kennedy Center »… il en a déjà pris la présidence et a placé ses proches au conseil d'administration. Sur sa politique internationale, l'hebdomadaire souligne : « l'admirateur de Vladimir Poutine et de Xi Jinping a abandonné son rôle de rempart contre le despotisme. Au contraire, il a assis sa puissance sur le rapport de force, par le chantage aux droits de douane ou par les armes, comme en Iran. » Kim Jung-un ou « la résurrection d'un paria », sur fond de guerre en Ukraine Et justement, protégé par Moscou et Pékin, un dictateur est scruté de près par Donald Trump. Il s'est même rendu indispensable à Vladimir Poutine depuis le début de la guerre en Ukraine. Kim Jung-un ou « la résurrection d'un paria » titre l'Express, qui analyse à quel point l'invasion russe en Ukraine a été une bénédiction pour le leader nord-coréen. Lui qui était reparti les mains vides de son second sommet avec Donald Trump à Hanoï. « Dès le début du conflit en Ukraine, Kim comprend qu'il peut tirer profit de la situation. (…) Avec la Syrie, il est le seul à reconnaître les Républiques de Louhansk et Donetsk, annexées par la Russie. Manquant désespérément de devises (…) il livre jusqu'à 40 % des munitions tirées par les Russes » entre octobre 2023 et avril 2025. Ajoutez à cela plus d'une centaine de missiles pour la seule année 2025, la signature d'un traité de défense mutuelle en juin 2024, puis 10 000 soldats nord-coréens pour aider les Russes à reprendre les zones de la région ukrainienne de Koursk. Des soldats traités comme de la chair à canon. Conséquences : « Les livraisons à Moscou sont ensuite montées en gamme, grâce à l'afflux de devises russes, qui permet à Pyongyang de relancer sa production d'armes ». De quoi inquiéter les occidentaux car « Moscou pourrait en effet permettre à Kim de réaliser son rêve : développer un sous-marin lanceur d'engin à propulsion nucléaire ». Quoi qu'il en soit, c'est un immense succès diplomatique pour la Corée du Nord. Sachant que la Russie avait voté les sanctions du Conseil de Sécurité de l'ONU contre son voisin à la suite de son premier essai nucléaire en 2006. Pyongyang « mise ainsi sur la volonté de Pékin et Moscou de bousculer l'ordre mondial dominé par les États-Unis. » « Son but est de devenir une puissance nucléaire comparable à celle de la France », souligne un chercheur. Ainsi, un ex-diplomate nord-coréen qui a fait défection en 2016 analyse la stratégie de Kim Jung-un dans l'Express : « La Corée du Nord est convaincue que si elle prouve que ses armes nucléaires peuvent détruire le territoire américain, les États-Unis finiront par venir à négocier. Pyongyang pourrait alors proposer de démanteler les installations capables de cibler les États-Unis. En échange, ceux-ci retireraient leurs troupes de Corée du Sud et leurs sanctions. » La Finlande face à Poutine Moscou et Pyongyang se sont donc rapprochés à l'occasion de la guerre en Ukraine, tandis que la Finlande, elle, se prépare au pire. Au pire, c'est-à-dire à la guerre contre la Russie. Membre de l'Otan, la Finlande partage la plus longue frontière terrestre avec Moscou. Un envoyé spécial du Point raconte l'état d'esprit des Finlandais qui peuvent notamment apercevoir le paysage russe depuis leur maison. « S'ils envoient des drones, ma maison sera la première à exploser » témoigne une certaine Saara Wilhems, depuis son cottage en bois. Après avoir entendu un hélicoptère tournoyer toute une nuit, elle raconte qu'au matin, en ouvrant sa voiture, elle comprend qu'une présence étrangère rodait : le siège de sa voiture est baissé. Pour elle, c'est sûr, une personne « cherchait à se cacher ». Elle « connaît la rumeur. Cette fois, elle est convaincue que des agents russes pénètrent en Finlande par les forêts et les lacs. » La Finlande, disposerait de près d'un million de réservistes, « parmi lesquels 280 000 hommes équipés et prêts à combattre. Un record en Europe pour une nation de 5 millions et demi d'habitants ». Le service militaire connaît un certain succès. Il est obligatoire pour les hommes, volontaire pour les femmes, et un tiers de la population se dit favorable au service universel. La Finlande dispose aussi du plus vaste réseau de bunkers en Europe, de quoi accueillir 87 % de la population.
What to do if the algorithm considers you a criminal? With journalist Madhumita Murgia and researcher Naomi Appelman we discuss what fair, inclusive, and transparent AI looks like.An automated grading system in the UK downgraded students from disadvantaged areas. The Dutch student finance agency DUO used code to scan for fraud, which prioritized checking students with a migrant background. And the Toeslagenaffaire saw thousands of families falsely accused of fraud with child benefits due to a discriminatory algorithm disadvantaging people with a low income.AI systems around the world are quietly reshaping human lives – often at the cost of the most vulnerable. Together with Madhumita Murgia, author of the critically acclaimed book Code-Dependent, we'll examine how these systems come to be, who builds them – and who bears the cost. How can we ensure that AI in our society is fair, inclusive, and transparent? And how do we make citizens active participants in shaping these technologies? About Madhumita MurgiaMadhumita Murgia is tech journalist at Financial Times and author of Code-Dependent: Living in the Shadow of AI. She shares the stories of people around the world whose lives have been profoundly affected by algorithmic systems. In her view, AI is often not only opaque, but also ungovernable — and therefore dangerous.Programme editor: Rosalie DielesenModerator: Tim WagemakersThe Techdenkers series is provided and broadcast by De Balie and is part of our partnership with Adyen.Zie het privacybeleid op https://art19.com/privacy en de privacyverklaring van Californië op https://art19.com/privacy#do-not-sell-my-info.
Jeff Clements is the co-founder and CEO of American Promise. He served twice as Assistant Attorney General of Massachusetts, most notably as Chief of the Public Protection and Advocacy Bureau, where he led more than 100 attorneys and staff in critical law enforcement areas, including consumer protection, antitrust, and unfair trade practices. A frequent national speaker and author of a 2014 book called the "definitive guide to overturning Citizens United," Jeff's commentary has appeared in major outlets including The New York Times, Financial Times, and Newsweek. Get his 2014 book Corporations Are Not People here: https://amzn.to/48WFKJV Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio. He is the host of the podcast Open Book with Anthony Scaramucci. A graduate of Tufts University and Harvard Law School, he lives in Manhasset, Long Island.
Day 1,346.Today, as Ukrainian forces hang on in Pokrovsk, we discuss more reports coming out of the city of Russian troops fighting in civilian clothes – a clear war crime. Plus, we hear about Ukraine's latest long range strikes inside Russia and look at a worrying message from the International Atomic Energy Agency that accuses Moscow of targeting three of Ukraine's nuclear power plants. Later, we hear how a Ukrainian opera lost for 250 years premiered earlier this month in Chernivtsi, accompanied by the sound of air alerts.Contributors:Dominic Nicholls (Associate Editor of Defence). @DomNicholls on X.Adélie Pojzman-Pontay (Journalist and Producer). @adeliepjzon X.With thanks to Nataliya Lukyanova and James ButterwickSIGN UP TO THE NEW ‘UKRAINE: THE LATEST' WEEKLY NEWSLETTER:https://secure.telegraph.co.uk/customer/secure/newsletter/ukraine/ Each week, Dom Nicholls and Francis Dearnley answer your questions, provide recommended reading, and give exclusive analysis and behind-the-scenes insights – plus maps of the frontlines and diagrams of weapons to complement our daily reporting. It's free for everyone, including non-subscribers.CONTENT REFERENCED:Russian soldiers disguised in civilian clothes infiltrating front-line city (The Telegraph):https://www.telegraph.co.uk/world-news/2025/08/13/russian-soldiers-disguised-civilian-clothing-infiltrating/Poland, Hungary and Slovakia defy Brussels as Ukraine trade deal takes effect (POLITICO)https://www.politico.eu/article/poland-hungary-and-slovakia-defy-brussels-as-ukraine-trade-deal-takes-effect/Trump-Vladimir Putin Budapest summit axed following Moscow memo (Financial Times):https://www.ft.com/content/d6655fb1-31af-4da8-85f7-085a8fc00969Hungary's foot-dragging on Russian oil crashes into realityhttps://www.politico.eu/article/hungary-foot-dragging-russian-oil-crashes-reality-croatia-sanction/ LISTEN TO THIS PODCAST IN NEW LANGUAGES:The Telegraph has launched translated versions of Ukraine: The Latest in Ukrainian and Russian, making its reporting accessible to audiences on both sides of the battle lines and across the wider region, including Central Asia and the Caucasus. Just search Україна: Останні Новини (Ukr) and Украина: Последние Новости (Ru) on your on your preferred podcast app to find them. Listen here: https://linktr.ee/ukrainethelatestSubscribe: telegraph.co.uk/ukrainethelatestEmail: ukrainepod@telegraph.co.uk Hosted on Acast. See acast.com/privacy for more information.
Tesla shareholders vote on November 6 on a performance award for Elon Musk that could be worth up to $1 trillion. I break down what the plan pays for, why the board says Tesla risks losing Musk if it fails, where CalPERS and ISS land, and how ownership and autonomy targets shape the outcome. Sources include Reuters, the Financial Times, and new statements from CalPERS ahead of the Austin meeting.
Producer, sound designer and composer Jonathan Snipes joins William Stokes to explore his work with experimental hip-hop group Clipping, sharing an inside look at their unique production process, before showcasing five modules in an exclusive live performance.Chapters00:00 - Introduction01:12 - Combining Hip Hop And Experimental Sounds12:45 - Unconventional Sounds And Beats 16:52 - Annea Lockwood Piano Burning20:59 - 5U Modular Selection24:31 - Module 1: Q106 Oscillator29:43 - Module 2: Modcan Digital Delay38:51 - Module 3: Modcan Frequency Shifter 39b43:04 - Module 4: Modcan Quad Envelope 60b47:41 - Module 5: Tellun TLN-156 Neural Agoniser52:04 - Live Performance#Q106Oscillator #ModcanDigitalDelay #ModcanFrequencyShifter #ModcanQuadEnvelope #TellunTLN-156Jonathan Snipes BiogJonathan Snipes is a producer, composer and sound designer based in Los Angeles, where he teaches sound design in the theatre and film departments at UCLA. As well as his work for film, television and theatre, he is known as a member of the experimental group clipping., along with fellow producer William Hutson and rapper Daveed Diggs. Having recently released their sixth studio album Dead Channel Sky on iconic label Sub Pop Records, clipping. are an outfit in the vanguard of hip-hop, sound design, beat making and strident experimentalism.https://www.jonat8han.com/https://www.instagram.com/jonat8han/William Stokes BiogWilliam Stokes is a producer, writer and artist in three-piece avant-psych band Voka Gentle. As well as being a critic and columnist for Sound On Sound, conceiving the popular Talkback column and heading up the Modular column, he has also written on music and music technology for The Guardian, MOJO, The Financial Times, Electronic Sound and more. As an artist in Voka Gentle he has made records with producers from Gareth Jones (Depeche Mode, Grizzly Bear, Nick Cave) to Sam Petts-Davies (Radiohead, The Smile, Roger Waters), has had songs featured on franchises from FIFA Football to The Sims and has toured across the UK, Europe and the USA, playing festivals from Pitchfork Avant-Garde in Paris to SXSW in Austin, Texas. He has collaborated with artists including the Flaming Lips' Wayne Coyne, Morcheeba, Panda Bear and Sonic Boom. Alongside being a guitarist and pianist, he is a synthesis enthusiast with a particular interest in sampling and explorative sound manipulation. As a producer and engineer, he has made albums with acclaimed avant-garde musicians from composer Tullis Rennie to Mute Records artist Louis Carnell. “I'm always seeking out the most ‘out-there', experimental, risk-taking musicians I can find to work with,” he says, “to capture vibrant, detailed recordings and create three-dimensional mixes of music that might otherwise struggle to know where to begin in the studio environment.” Stokes currently lectures in Music Production at City, University of London.https://www.vokagentle.com/Catch more shows on our other podcast channels: https://www.soundonsound.com/sos-podcasts
A version of this essay was published by the Deccan Herald at https://www.deccanherald.com/opinion/adani-s-under-fire-we-ve-seen-this-before-3783432The repeated, withering attacks on the Adani group are getting to be tiresome, partly because they usually have no merit per se; and partly because the Western habit of weaponizing the narrative is now so evident. It is basically propaganda, with the pliant media manufacturing consent to support foreign policy.In a recent column in the Financial Times, Janan Ganesh wrote: “Politics, not tech, makes the world go around”. He may have a point, but at the moment, it is the opposite: the breakneck generativeAI race, and China's near-monopoly in rare earths, are fueling both trade wars and capitulation: for example, Trump said before meeting Xi that “the G2 will be convening shortly”. TACO, anyone?I said during Biden's days in “A US-China condominium dividing up the world between themselves”, that for the Deep State, a G2 would be a convenient (short-term) thing to do. Trump apparently has accepted that a) Chinese leverage is insurmountable, b) a division into spheres of influence would work best. Sadly, it would be disastrous for the US (and the Quad) in the medium term to make China Asia's hegemon.But it is happening. As BNP Paribas puts it in a research note quoted by the Financial Times, “[Washington]... is now dealing with a peer rival capable of imposing material economic harm on it — a relatively new position for the US and a development which, at least to us, confirms China's ascendancy to global economic superpower status.”It would be entirely rational for a G2 to prevent a third great power from rising, and India is the only candidate: Brazil, Russia, South Africa, the EU are handicapped in one way or the other, e.g. geography, resources, demographics, politics. Therefore the G2 are imposing a Thucydides Trap on India: wage economic (if not kinetic) war, and balkanize it.Everybody has learned lessons from the recent past (“Confessions of an economic hit-man”, anyone?): how Japan was ruined via the Plaza Accord, how Britain lost its pre-eminence by debasing its currency, and how the US allowed itself to be systematically de-industrialized by China over the last 30 years. They are not going to let India grow, certainly not easily.Thus Adani is a proxy for India. Mark Mobius, a legendary investor, said, “Investing in Adani is like investing in India”. That is not an exaggeration, because Adani has demonstrated the capability to deliver in more than one domain, especially in ports and airports (Disclaimer: I have a small position in Adani Ports). They have operations in Colombo, Haifa (Israel) and Abbot Point (Australia), which makes them a potentially major player in global shipping, not to mention their container ports at Mundhra and Vizhinjam (Trivandrum).There have been several waves of attacks on the Adani group, the first in June 2021 alleging improprieties in investments by Mauritius-based funds; the second in January 2023 with the ‘bombshell' Hindenburg (a short-seller) report alleging stock manipulation and accounting fraud; the third in November 2024, a US Dept of Justice allegation about bribery; the fourth in October 2025 by the Washington Post alleging the Indian government induced LIC to invest $3.9 billion in Adani firms.When the Hindenburg report was publicized as the “largest con in corporate history” by pliant media like Reuters, FT and WSJ, I wrote that “The Adani Group may not be derailed by Hindenburg”. I also did a video conversation with Professor Narayanan Komerath on the topic.In fact, in a “dog it was that died” outcome, it was Hindenburg that closed shop; Adani has recovered even after a second Hindenburg report accusing the SEBI chief as well.Adani has been successful in their ports and energy businesses; they are doing well in airports; their efforts in green energy and in data centers (the new Google AI data center in Vishakhapatnam) may yet prove to be winners. Thus Adani has shown it can compete well in difficult infrastructure sectors. It is true that these need to align with government policies.Which brings whispers of ‘crony capitalism', which is rich coming from the US, where ‘robber barons' like John D Rockefeller, Andrew Carnegie, J P Morgan and Cornelius Vanderbilt created enormous fortunes primarily through cronyism. Have you heard the dictum “What's good for General Motors is good for America”? Boeing, the Koch Brothers, Goldman Sachs and Big Tech are current beneficiaries of State munificence.India has had its share of crony capitalists who provided citizens with shoddy goods at high prices. I don't dare name them, but you know who they are. Every country supports its national champions: Japan's zaibatsu, Korea's chaebol, China's State Owned Companies.And recently J P Morgan Chase announced it is investing $1.5 trillion in US industries such as critical minerals, pharma, semiconductors, energy, drones, cybersecurity, AI and so on. Surely this is after consultations with and a go-ahead from the US Government. Similarly, it is neither sinful nor unusual for the Indian State to support dominant, effective players. More power to Adani!800 words, 31 October 2025 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit rajeevsrinivasan.substack.com/subscribe
Peter Atwater is one of the world's leading experts on confidence and its role in decision-making. He is a professor of behavioral economics at William and Mary and the author of a new book, The Confidence Map, published this year. Peter has a unique background, transitioning from a successful career in financial services to focus on studying confidence. He is a sought-after speaker and has been featured in Bloomberg Television, The Financial Times, the Wall Street Journal, and Time Magazine. Peter joined host Robert Glazer on the Elevate Podcast to discuss The Confidence Map and how confidence factors into leadership, economics, decision-making, and more. Thank you to the sponsors of The Elevate Podcast Mizzen & Main: mizzenandmain.com (Promo Code: elevate20) Shopify: shopify.com/elevate Indeed: indeed.com/elevate Masterclass: masterclass.com/elevate Found: found.com/elevate Learn more about your ad choices. Visit megaphone.fm/adchoices
Capital flows to the entire energy sector are set to hit $3.3tn in 2025. $2.2tn of which will find its way to renewables, nuclear, grids, storage, low-emissions fuels, efficiency and electrification. That sum is nearly twice as much as the $1.1tn going to fossil fuels this year. The transition opens up new avenues for investment, innovation, and competitiveness. But given the recent geopolitical, economic and trade climate how much will this affect future investments and value creation across the whole energy sector? Joining us today are three experts ready to discuss value creation in the energy transition, where the money is going and where it's to be made now and in the future. They are Lars Eirik Nicolaisen, Deputy CEO of Rystad Energy, Seb Henbest, Group Head of Climate Transition at HSBC and Christian Egenhofer, Associate Senior Research Fellow at the Energy, Resources and Climate Change Unit at CEPS (Centre for European Policy Studies).Sources: FT Resources, IEA, beyondfossilfuels.org, ease-storage.eu This content is paid for by Rystad Energy and is produced in partnership with the Financial Times' Commercial Department. The views and claims expressed are those of the guests alone and have not been independently verified by The Financial Times. Hosted on Acast. See acast.com/privacy for more information.
Organizations pour millions into protecting running applications—yet attackers are targeting the delivery path itself.This episode of AppSec Contradictions reveals why CI/CD and cloud pipelines are becoming the new frontline in cybersecurity.
Are you taking ownership of your financial future? Independent financial advisor and trailblazer for women's financial independence, Rebecca Robertson, shares her 15-year journey of helping women and families achieve financial confidence. Drawing on her personal experiences and professional expertise, Rebecca explores the emotional side of money, challenges generational myths and advocates for open conversations about finances. She discusses raising money-savvy children, aligning financial plans with personal values and redefining wealth beyond money. With a focus on how to build meaningful, purpose-driven financial freedom, this powerful and practical conversation shines a light on financial empowerment calling you to own your wealth. KEY TAKEAWAY 'We talk about mental health a lot more, but we don't talk about how that affects money. That's not the mainstream conversation.' BOOK RECOMMENDATIONS* The Millionaire Next Door by William Danko and Thomas J Stanley - https://amzn.eu/d/dxxJrdx ABOUT REBECCA Rebecca Robertson is an award-winning author, TedX speaker, podcast host and Independent Financial Adviser who is passionate about helping women in business to gain the confidence to plan their financial future and take control of their finances. With over 25 years' experience in the financial sector she has been featured in Forbes Magazine, The Financial Times, BBC Radio and other national publications. As The Times most vouched for Adviser she is also the winner of: • Financial Advisor of the Year, Women in Finance Awards • Role Model of the Year, Women in Financial Advice Awards • Customer Service Winner at Kent Women in Business Awards. As a straight talking, no fluff financial advisor who runs a successful six figure business that also supports other women. Rebecca understands the conflicting priorities women face when it comes to finances and created this planner to help them start their journey to financial freedom. CONNECT WITH REBECCAhttps://www.evolutionfinancialplanning.co.uk https://www.rebeccarobertson.co.uk ABOUT THE HOST - AMY ROWLINSON Amy is a purpose and fulfilment coach, author, podcast strategist and mastermind host who empowers purpose-driven leaders to boost productivity, engagement and meaning in life and work. Through transformational conversations, Amy helps individuals overcome overwhelm and live with clarity, building living legacies along the way. WORK WITH AMY If you're interested in how purpose can help you and your business, please book a free 30 min call via https://calendly.com/amyrowlinson/call KEEP IN TOUCH WITH AMY Sign up for the weekly Friday Focus - https://www.amyrowlinson.com/subscribe-to-weekly-newsletter CONNECT WITH AMY https://linktr.ee/AmyRowlinson BUY AMY'S BOOK (Shortlisted in the 2025 Business Book Awards) * Focus on Why by Amy Rowlinson with George F. Kerr – https://amzn.eu/d/6W02HWu HOSTED BY AMY ROWLINSON DISCLAIMER The views, thoughts and opinions expressed in this podcast belong solely to the host and guest speakers. Please conduct your own due diligence. *As an Amazon Associate, Amy earns from qualifying purchases.
How did the world's most successful company become completely dependent on a single country for its survival… and how does that story translate across industries? We talk with Patrick McGee of the Financial Times about his book, Apple in China: The Capture of the World's Greatest Company. The episode explores to what extent the lessons of Apple's China story translates to Western automakers racing to compete with a new generation of Chinese EV competitors.
On the 146th episode of What is a Good Life?, I'm delighted to welcome Steven D'Souza. Steven is an award winning author, executive educator, trusted advisor, leadership coach and keynote speaker. He is a Senior Partner in the Leadership & Professional Development Practice at Korn Ferry, a leading global Organisational Consulting firm. His expertise crosses the fields of psychology, organisational development, diversity, group dynamics, contemplation and social capital. He has spoken globally to organisations such as PwC, TikTok, Financial Times and the United Nations. His work has been featured in Harvard Business Review, The Independent and The Sunday Times.In this conversation, Steven reflects on his early pursuit of the priesthood and his lifelong inquiry into meaning, service, and aliveness. Drawing on themes from his latest book, Shadows at Work, he shares how meeting the shadow with curiosity and compassion brings wholeness, and how embracing uncertainty, silence, and kindness can lead to a more grounded, vital way of living.This conversation invites you to see the shadow not as something to fix, but as a hidden source of energy, wisdom, and aliveness.For more of Steven's work:Shadows at Work: Harness Your Dark Side and Unlock Your Leadership PotentialNot Knowing: The Art of Turning Uncertainty into OpportunityNot Doing: The Art of Effortless ActionNot Being: The Art of Self TransformationWebsite: https://stevendsouza.com/Contact me at mark@whatisagood.life if you'd like to explore your own lines of self-inquiry through 1-on-1 coaching, my 5-week group courses, or to discuss team coaching to stimulate greater trust, communication, and connection, amongst your leadership teams.- For the What is a Good Life? podcast's YouTube page: https://www.youtube.com/@whatisagoodlife/videos- My newsletter: https://www.whatisagood.life/- My LinkedIn: https://www.linkedin.com/in/mark-mccartney-14b0161b4/00:00 — Steven's lifelong question + year pursuing priesthood04:24 — Leaving the path & formative books (Kopp, de Mello)07:27 — Stories as truth; practice over tips10:12 — Aliveness; “I grow in my spirituality by growing in my humanity”13:01 — Bringing the vertical into the horizontal (everyday life)13:28 — Why Shadows at Work; prisons, corporate paradox, “dark mode”19:36 — “Know my shadow and my light”: beyond Jung; four lenses23:08 — Defining shadow; biology, culture, spirit lenses in practice31:02 — Personal shadow work37:04 — Paradoxical theory of change; acceptance over improvement40:43 — Negative capability (Keats)46:53 — Via negativa & subtraction; “bring silence with you”52:29 — The edge of the unknown; reactions & catastrophic thinking58:56 — What is a good life? “A kind life.”
Mona Charen and Financial Times columnist Ed Luce discuss how Trump's second term has gone from chaos to control — from a fake war in Venezuela to a culture of fear in Washington. They talk about the money, the mobs, the East Wing demolition, and how power in America is now moving at “the speed of light.” Go to https://Quince.com/Mona for free shipping and 365-day returns.
We came across an article from Financial Times discussing stealthtactics Insurance Companies are using to increase rates and decrease coverageson homeowners policies. A show was born. Watch us on YouTube (clickhere)Subscribe to our free newsletter, https://handymanprosradioshow.com/newsletter-signup/Join our Facebook group @handyman prosSend us an email, questions@handymanprosradioshow.com.
Beth Rigby is the Political Editor of Sky News. She joined the network in 2016 and became Political Editor in 2019, leading coverage of major political events, elections, and interviews with senior figures across Westminster. Before Sky, Beth spent over a decade at the Financial Times, where she served as Deputy Political Editor and Chief Political Correspondent. Beth Rigby is our guest in episode 538 of My Time Capsule and chats to Michael Fenton Stevens about the five things she'd like to put in a time capsule; four she'd like to preserve and one she'd like to bury and never have to think about again .Follow Beth Rigby on Instagram: @bethrigbysky & Twitter/X: @BethRigby .Follow My Time Capsule on Instagram: @mytimecapsulepodcast & Twitter/X & Facebook: @MyTCpod .Follow Michael Fenton Stevens on Twitter/X: @fentonstevens & Instagram @mikefentonstevens .Produced and edited by John Fenton-Stevens for Cast Off Productions .Music by Pass The Peas Music .Artwork by matthewboxall.com .This podcast is proud to be associated with the charity Viva! Providing theatrical opportunities for hundreds of young people .To support this podcast, get all episodes ad-free and a bonus episode every Wednesday of "My Time Capsule The Debrief', please sign up here - https://mytimecapsule.supercast.com. All money goes straight into the making of the podcast. Hosted on Acast. See acast.com/privacy for more information.
Oren Cass is the keynote speaker at the 10th Annual Valley Made Manufacturing Summit in Fresno. Cass is the Executive Director and Chief economist of American Compass and author of The Once and Future Worker: A vision for renewal of works in America (2018). He is a contributing opinion writer for the Financial Times and the New York Times.See omnystudio.com/listener for privacy information.
Timothy Ash, who has been professional economist for more than 30 years, with two thirds of that in the banking industry. Timothy's specialism is emerging European economics, and he writes and blogs extensively on economic challenges for leading publications such as the Kyiv Post, Atlantic Council, the Financial Times, and the United Business Journal. He is also an Associate Fellow in the Russia and Eurasia programme at Chatham House and has advised various governments on Ukraine-Russia policy and specifically on the impact of sanctions.----------SILICON CURTAIN LIVE EVENTS - FUNDRAISER CAMPAIGN 10 Events in 10 months - Advocacy for a Ukrainian victory with Silicon Curtainhttps://buymeacoffee.com/siliconcurtain/extrasOur first live events this year in Lviv and Kyiv were a huge success. Now we need to maintain this momentum, and change the tide towards a Ukrainian victory. The Silicon Curtain Roadshow is an ambitious campaign to run 10 events in 10 months (at a minimum). We may add more venues to the program, depending on the success of the fundraising campaign. https://buymeacoffee.com/siliconcurtain/extrasWe need to scale up our support for Ukraine, and these events are designed to have a major impact. Your support in making it happen is greatly appreciated. All events will be recorded professionally and published for free on the Silicon Curtain channel. Where possible, we will also live-stream events.https://buymeacoffee.com/siliconcurtain/extras----------LINKS:https://twitter.com/tasheconhttps://www.linkedin.com/in/timothy-ash-83a87158/https://www.chathamhouse.org/about-us/our-people/timothy-ashhttps://cepa.org/author/timothy-ash/----------ARTICLES:https://timothyash.substack.com/ https://kyivindependent.com/author/timothy-ash/----------This is super important. There are so many Battalions in Ukraine, fighting to defend our freedoms, but lack basics such as vehicles. These are destroyed on a regular basis, and lack of transport is costs lives, and Ukrainian territory. Autumn Harvest: Silicon Curtain (Goal€22,000)https://car4ukraine.com/campaigns/autumn-harvest-silicon-curtain----------DESCRIPTIONIn this episode, professional economist Timothy Ash, with over 30 years of experience, particularly in the banking industry and emerging European economies, dives into the effectiveness and implications of recent oil sanctions on Russia. Ash discusses the potential impact of both UK and US sanctions, the secondary sanctions, and the enforcement challenges. He highlights the economic effects on Russia, including the significance of shadow fleets and market reactions. The discussion extends to the broader geopolitical context, including Russian influence, the significance of drone warfare, and the intricacies of defense funding. He also touches upon the moral considerations and the necessity of a defined objective in sanctions policy. Ash emphasizes the importance of maintaining sanctions to reduce Russia's war capabilities, calling for innovative global cooperation and effective enforcement.----------SILICON CURTAIN LIVE EVENTS - FUNDRAISER CAMPAIGN Events in 2025 - Advocacy for a Ukrainian victory with Silicon Curtainhttps://buymeacoffee.com/siliconcurtain/extrasOur events of the first half of the year in Lviv, Kyiv and Odesa were a huge success. Now we need to maintain this momentum, and change the tide towards a Ukrainian victory. The Silicon Curtain Roadshow is an ambitious campaign to run a minimum of 12 events in 2025, and potentially many more. Any support you can provide for the fundraising campaign would be gratefully appreciated. https://buymeacoffee.com/siliconcurtain/extras----------
Steve reacts to data compiled by the Financial Times regarding birth rates among progressives and conservatives and says it's the perfect encapsulation of the Left-Right dynamic since the Reagan years. Then, Ben Zeisloft joins the program to talk about his new book, "Forsakers of the Fatherless." In Hour Two, Fake News or Not reacts to a clip of a street preacher confronting an LGBT-affirming "church." Finally, Pop Culture Tuesday is a takedown of Snoop Dogg's backpedaling on his critical comments about the rainbow jihad. TODAY'S SPONSORS: FIRST CUP COFFEE: https://firstcup.com/ use code DEACE RELIEF FACTOR: VISIT https://www.relieffactor.com/ OR CALL 800-4-RELIEF JASE MEDICAL: https://jasemedical.com/ and enter code “DEACE” at checkout for a discount on your order REAL ESTATE AGENTS I TRUST: https://realestateagentsitrust.com/ CHIRP: https://gochirp.com/pages/steve-deace use promo code STEVE Learn more about your ad choices. Visit megaphone.fm/adchoices
Despite suggestions of an agreement on the supply of long-range Tomahawk missiles, President Zelensky went back to Kyiv empty handed after his meeting with Donald Trump on Friday.So what happened? Victoria and Vitaly speak with Christopher Miller, the Ukraine correspondent for the Financial Times, which has been reporting details of swearing from Donald Trump in the room, and the ‘tossing' of battlefield maps.Vitaly also speaks with acclaimed historian Serhii Plokhy about the nuclear threat and lessons from the Cold War that he writes about in his new book The Nuclear Age: An Epic Race for Arms, Power, and Survival. Today's episode is presented by Victoria Derbyshire and Vitaly Shevchenko. The producers were Clare Williamson and Julia Webster. The technical producer was Jonny Hall. The series producer is Chris Flynn. The senior news editor is Sam Bonham. Email Ukrainecast@bbc.co.uk with your questions and comments. You can also send us a message or voice note via WhatsApp, Signal or Telegram to +44 330 1239480You can join the Ukrainecast discussion on Newscast's Discord server here: tinyurl.com/ukrainecastdiscord
It's Tuesday, October 21st, A.D. 2025. This is The Worldview in 5 Minutes heard on 140 radio stations and at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson Xi Jinping fired 9 Chinese military commanders China's communist system is in turmoil, as the defense ministry announces the removal of nine very senior military commanders from duty, including a number two general, He Weidong. Since 2023, the communist leader, Xi Jinping, has administered the removal of dozens of senior officers. These moves signal a factionalism from within the party and the Chinese military. Experts question whether Jinping will survive in his position. This week, the Central Committee of the Communist Party of China is holding its Fourth Plenary Session where leaders will work out a Five-Year Plan. The outcome of this meeting will reveal Jinping's standing in party politics. Keep in mind: God is in control. Haggai 2:22 says, “The word of the Lord came unto Haggai … I will overthrow the throne of kingdoms. … I will overthrow the chariots, and those that ride in them; and the horses and their riders shall come down, everyone by the sword of his brother.” Pakistani pastor survives murder plot A Pakistani pastor survived a murder attempt in Islamabad, the capital of Pakistan, on the morning of Sunday, September 21, reports Barnabas Aid. Pastor Kamran Naz had been traveling by bus, accompanied by his mother, from his home in Gujranwala to lead a church service in Islamabad when he was attacked by two unidentified gunmen. One bullet wounded the pastor in the right leg. A second bullet narrowly missed his head. The attackers then fled on a motorcycle as some church members who were present swiftly came to the pastor's aid and contacted emergency services. Pastor Kamran had previously notified the police of numerous death threats. He was warned to stop ministering at the church or face the consequences. Pastor Imran Amanat, leader of the Christian advocacy group LEAD Ministries Pakistan, said, “We will not be intimidated or silenced. We demand that the authorities immediately ensure the protection of Christian leaders and hold the criminals accountable. If the government continues to ignore these threats, it becomes complicit in the persecution.” According to Open Doors, Pakistan is the eighth most dangerous country worldwide for Christians. Swedish parents lost custody over kids' required church attendance Certain European nations have now been recognized for their systemic violation of parental rights, especially if the parents happen to be Christian. Alliance Defending Freedom International is working on a case in Sweden, where parents have lost custody of their children under charges of “religious extremism.” The parents had simply restricted the phone use of their teen children and required attendance at church meetings. After three years of attempts to regain custody, Daniel and Bianca Samson are appealing their case to the European Court of Human Rights. Recently, the High Court has already condemned countries like Spain, Portugal, Italy, Croatia, and Romania for systemic violations in family separation and child welfare cases. Iran threatens Israel Iran's Ayatollah Ali Khamenei took to social media (X) yesterday, effectively taunting the American government, threatening Israel, and asserting independence for the nation's nuclear program. He asked, “What authority do you, Americans, have to dictate what a country should or shouldn't do if it possesses nuclear industry? What position do you hold in the world? How is it any of America's business whether Iran has nuclear capabilities and nuclear industry or not? .. . The U.S. President boasts that they've bombed and destroyed Iran's nuclear industry. Very well, in your dreams!” Trump urges Putin and Zelenskyy to end the war President Donald Trump is urging Ukraine's leader, Volodymyr Zelenskyy to end the war on Russia's terms. He warned Zelenskyy of Russian President Vladimir Putin's threat to “destroy” Ukraine it there is no agreement. The Financial Times described the meeting as a “shouting match”, with Trump throwing maps in the room, and “cursing all the time.” Japan greenlights Morning After Pill Japan has just approved the abortifacient drug known as the over-the-counter “morning after” pill. Japan also approved the RU-486 abortion kill pill back in April 2023. Japan recorded 686,000 births in 2024. That's down from 762,000 in 2023, and down from 2,000,000 in 1975. Jeremiah 32:35 speaks of this child sacrifice. “They built the high places of Baal in the Valley of the Son of Hinnom, to offer up their sons and daughters to Molech, though I did not command them, nor did it enter into my mind, that they should do this abomination.” Day 21 of U.S. government shutdown The U.S. government shutdown is rounding its 21st day. With 900,000 employees furloughed, the shutdown represents the most severe in American history. Indeed, 7,850 flights were delayed due to air traffic control staffing shortages on Sunday. According to TheHill.com, 13,000 air traffic controllers and 50,000 TSA agents are presently working without pay. Housing bubble has burst The housing bubble has burst in multiple cities across the United States. The median house values in Oakland, California and Austin, Texas have dropped by 24% since the peak in 2022. Significant declines have also been reported in New Orleans, San Francisco, Fort Myers, Florida, and Denver, Colorado, reports WolfStreet.com. Gold and silver hit new record highs Metals continued their journey upwards and onwards in Monday's market activity. Gold hit $4,350 per ounce and silver hit $52 and change per ounce, reports Reuters. Trump's Education Dept. funds conservative ideology at colleges The Trump Education Department is offering preferential funding for those universities willing to bend more conservative. Only Vanderbilt, the University of Arizona, and the University of Texas at Austin have embraced to the idea out of the nine universities approached with the proposal, reports Breitbart. MIT, Brown University, the University of Pennsylvania, and the University of Southern California have all rejected the Trump administration's encouragement to abolish their departments opposed to conservative ideas. Major jewel heist at Louvre in Paris, France And finally, a team of four thieves broke into the Louvre Museum in Paris over the weekend. They stole priceless jewels dating back to the 19th Century, reports Reuters. Among the stolen items were a tiara and brooch belonging to Empress Eugénie, wife of Napoleon III, an emerald necklace and a pair of emerald earrings from Empress Marie Louise, Napolean's second wife, and a tiara, a necklace, and single earring from the sapphire set that belonged to Queen Marie-Amelie and Queen Hortense. (Also a brooch known as the "reliquary brooch” was taken). Close And that's The Worldview on this Tuesday, October 21st, in the year of our Lord 2025. Follow us on X or subscribe for free by Spotify, Amazon Music, or by iTunes or email to our unique Christian newscast at www.TheWorldview.com. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.
Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureChina and the [CB] system played their hand, they tried to box in Trump and it failed. Trump placed tariffs on China and China folded very quickly. Fed does not want to have another rate cut. OBBB helping people with taxes. Banks are now investing in the US. The [DS] is panicking, Obama does not like that Trump is using the military to go have to his soldiers. Remember Obama said we need a civilian military as strong as the US military, he has failed. [DS] has been weakened, Trump called out the [DS] and said there will be no WWIII. Strings have been cut and the [DS] does not have the leverage. Peace World Wide. Economy https://twitter.com/WallStreetMav/status/1977715666036707358 China Walks Back Export Control Announcement – USTR Jamieson Greer Explains China then sent a clarification statement saying current licensing and trade agreements would be honored. On his flight to Israel, President Trump said, “I think I know what happened, I know what happened” and downplayed the trade action. U.S Trade Representative Jamieson Greer gives some background. Source: theconservativetreehouse.com Rare Earth Stocks Go Vertical After Report Pentagon To Go On $1 Billion Critical Mineral "Buying Spree" According to filings from the Defense Logistics Agency (DLA), the U.S. Department of Defense has moved to secure up to $1 billion in critical minerals — from cobalt and antimony to scandium and tantalum — as part of a global race to reduce dependence on China, according to Financial Times. One former defense official summed it up: “They're definitely looking for more, and they're doing it in a deliberate and expansive way.” The Pentagon's urgency is clear. “China's ability to turn off the supply of these critical minerals would have a direct, palpable and adverse effect on US ability to field the kind of high-tech capabilities that we're going to need for any kind of strategic competition or conflict,” said Stephanie Barna of Covington & Burling in Washington. The One Big Beautiful Bill Act (OBBA) adds fuel — $7.5 billion earmarked for critical minerals, including $2 billion to fortify the national stockpile and another $5 billion to expand U.S. supply chains. As one former official put it, offices handling mineral security are now “flush with cash.” Source: zerohedge.com A Hawkish Fed Official Is Rethinking His Stance on Rate Cuts Raphael Bostic has spent most of 2025 as one of the Federal Reserve's most steadfast inflation hawks. The Atlanta Fed president projected just one interest rate cut for the year when most of his colleagues on the Fed's policymaking committee anticipated three. Even after the central bank trimmed rates by a quarter of a percentage point in September, Bostic said he would support delaying further rate cuts until 2026. Source: barrons.com IRS Releases 2026 Tax Adjustments, Changes Under 'Big, Beautiful Bill' The standard deduction will rise to $16,100 for single taxpayers and $32,200 for married couples filing jointly in the 2026 tax year. The 2025 standard tax deduction was also raised to $15,750 for single filers and $31,500 for couples filing jointly. Marginal tax brackets were also adjusted for inflation - with the top tax rate remaining at 37% for single taxpayers making $640,600, and joint filers making over $768,000. Other tax brackets are as follows: 35% for incomes over $256,225 for individuals and $512,