Performance – Editor: George D. Pavlopoulos The first sign that this was not going to be a typical earnings season came as early as July 12, when PepsiCo presented a strange mix of data. Product unit sales growth, it announced, was essentially zero in North America. However, revenue rose due to double-digit price increases by […]
Tag: BusinessWeek
Where will the cryptocurrency slide stop?
Performance – editing: George D. Pavlopoulos Celsius Network raised more than $20 billion in assets in a move that seemed to defy the basic laws of finance. The motto was “deposit cryptocurrencies and get up to 18% interest”, dozens of times the interest rate of traditional savings accounts. More than a million people have entrusted […]
Shelters for the shopping storm
Performance – editing: George D. Pavlopoulos Individual investors need a new manual – or perhaps a revised version of the old one. The stock rally came to an abrupt end on June 13, when the S & P500 slipped into a bear market, ground at least 20% lower than its most recent high. The few […]
The main lesson from the war in Ukraine
Performance-editing: George D. Pavlopoulos Before Vladimir Putin began his invasion of Ukraine, top US officials were almost unanimous in deciding that Russian forces would occupy Kyiv in weeks, if not days. More than three months later, Kyiv remains standing, and Ukrainian forces have killed more Russian soldiers than Soviets killed during the USSR’s nine-year war […]
How China suddenly found itself with tens of millions of unemployed
Performance – curation: George D. Pavlopoulos When Zheng Jin was fired from her job at one of China’s largest real estate development companies in February, she was partially relieved to leave a declining industry. Three months later, after 400 failed job applications, he has begun to panic. “I can not see light at the end […]
How the war changed Germany’s role in Europe
Performance-editing: George D. Pavlopoulos The Soviet War Memorial at the Tiergarten in Berlin has long been controversial. Built to honor Red Army soldiers who lost their lives in the battle for the German capital in 1945, it is now reminiscent of the horror unleashed by Russian forces in Ukraine. The strong police presence there, on […]
End of an era for the Russian oligarchs
Performance – editing: George D. Pavlopoulos On the day of the Russian invasion, Ukrainian President Volodymyr Zelensky said in a statement: “What are we hearing today? It’s not just rocket blasts and aircraft roars. and excludes Russia from the civilized world. ” This is how the new, troubled world order is defined. Many analysts never […]
How Europe fell asleep with the energy crisis
Performance – editing: George D. Pavlopoulos The old salt caves, underground aquifers and fuel depots containing Europe’s gas reserves have never been so empty at this point in the winter. Just four months after Amos Hochstein, the US special envoy for energy security, said Europe had not done enough to prepare for the dark and […]