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TradeBriefs Editorial

From the Editor's Desk

Ayn Rand on Why Philosophy Matters

Ayn Rand is a controversial figure. Responses to her ideas seem to land on extremes. The problem with this kind of discourse is that it prevents dialogue. We encourage taking advantage of grey thinking and trying to avoid viewing people and ideas as good/bad binaries. We can learn from people we both like and dislike. We can agree with one idea from someone without having to buy into all their ideas.

There is no doubt that Rand’s essays are polemic. Her writing, like all recorded knowledge, needs to be understood in context. The 1970s saw the height of the Cold War, when capitalism versus communism was set as a battle that would decide the fate of humanity. One need not agree with her political and economic prescriptions to get something interesting from her writing. Accepting this complexity is aligning with the complicated nature of the world. With this in mind, let’s continue!

Continued here


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The tunnels and bridges linking Asia to Europe | CNN  
  

The tunnels and bridges linking Asia to Europe | CNN
Editor's Note: This CNN Travel series is, or was, sponsored by the country it highlights. CNN retains full editorial control over subject matter, reporting and frequency of the articles and videos within the sponsorship, in compliance with our policy.


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The new geography of Paris - The Economist (No paywall)  
  

The new geography of Paris
Try our new AI-powered search.css-1mui2f{background-color:var(--ds-color-new-york-90);box-sizing:border-box;color:var(--ds-color-london-5);font-family:var(--ds-type-system-sans-smallcaps);font-style:normal;font-size:0.9375rem;font-weight:500;margin-left:0.5rem;padding:0.125rem 0.5rem;}beta


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Companies rush to issue bonds to forestall market volatility ahead of US election - FT (No paywall)  
  

Corporate borrowers bring forward financing plans to avoid uncertainty of Biden-Trump rematch in November


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Moves to ban lab-grown meat intensify in Republican US states - FT (No paywall)  
  

Party spearheads legislation as one lawmaker vows not to ‘eat bugs with Bill Gates’


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Iran: The Christians celebrating Easter in secret  
  

Iran: The Christians celebrating Easter in secret
Iranians who have converted to Christianity from Islam can only practise their faith in secret.


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Italy's new 'Orient Express' isn't running yet — but rates are already soaring  
  

Italy's new 'Orient Express' isn't running yet — but rates are already soaring
Starting rates for a one-night journey on the luxury train increased from 2,000 euros ($2,168) per person in December 2022 to 2,500 euros per person in November 2023. Both rates were set during a pre-sales reservation period, which required a refundable deposit.


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The U.S. needs a bipartisan industrial policy for the life sciences  
  

The U.S. needs a bipartisan industrial policy for the life sciences
President Biden’s efforts to revitalize the nation’s technology-based industries, which began with semiconductors and electric vehicles, should encompass the life sciences. Biotechnology, pharmaceuticals, medical devices, digital therapeutics, diagnostics, genomics, and AI-based clinical decision support compete in a global market where other nations are doubling down in support for their domestic champions. The benefits of investing in the life sciences cannot be measured solely in terms of improved health — they also include high-wage jobs, exports, and tax revenues; pandemic and military preparedness; and spillovers to other sectors.


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Reliance and Disney team up to crush Netflix and Prime Video in India  
  

Reliance and Disney team up to crush Netflix and Prime Video in India
At the end of February, as several global celebrities made their way to his son’s pre-wedding celebrations, India’s richest man, Mukesh Ambani, made a move that is likely to win him the country’s streaming market — where U.S. giants Netflix and Prime Video have been fiercely competing for years.


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Turkey's opposition thumps Erdogan in pivotal local elections - Nikkei Asia (No paywall)  
  

Turkey's opposition thumps Erdogan in pivotal local elections
ISTANBUL (Reuters) -- Turks dealt President Tayyip Erdogan and his party their biggest electoral blow on Sunday in a nationwide local vote that reasserted the opposition as a political force and reinforced Istanbul Mayor Ekrem Imamoglu as the president's chief rival.


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Fast-food companies seeing low-income diners pare orders  
  

Fast-food companies seeing low-income diners pare orders
China's manufacturing activity expanded at the fastest pace in 13 months in March, with business confidence hitting an 11-month high, driven by growing new orders from customers at home and abroad, a private survey showed on Monday.


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How Maersk grew its shipping empire and how it's evolving  
  

How Maersk grew its shipping empire and how it's evolving
Each year about 90% of world trade is transported by ship, according to the World Economic Forum. While commodities like oil and grain make up 40% of that cargo, large steel containers, filled with appliances, smartphones, and couches, make up the remainder.


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Why researchers think human milk could repair the gut microbiome and reduce infections  
  

Why researchers think human milk could repair the gut microbiome and reduce infections
That milk could also lower the risk of asthma, diabetes, and allergies. And it could make low-birth-weight, preterm babies up to 10 times less likely to develop necrotizing enterocolitis, a common intestinal disorder. Researchers who study human milk understand how the molecules affect everything from the gut microbiome to curbing chronic disease risk factors in babies.


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Scale AI's Remotasks platform is dropping whole countries without explanation  
  

Scale AI's Remotasks platform is dropping whole countries without explanation
Grace Mumo started working with Remotasks after she lost her job in 2020. To the single mother caring for three children, the remote clickwork service offered a way to make money by annotating images or labeling Lidar data.


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How Xi Jinping plans to overtake America - The Economist (No paywall)  
  

How Xi Jinping plans to overtake America
Try our new AI-powered search.css-1mui2f{background-color:var(--ds-color-new-york-90);box-sizing:border-box;color:var(--ds-color-london-5);font-family:var(--ds-type-system-sans-smallcaps);font-style:normal;font-size:0.9375rem;font-weight:500;margin-left:0.5rem;padding:0.125rem 0.5rem;}beta


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The salary Americans need to buy a starter home has nearly doubled since the pandemic - Fortune (No paywall)  
  

The salary Americans need to buy a starter home has nearly doubled since the pandemic
You need to make almost $76,000 a year to buy a starter home, according to Redfin. The median household income is $74,580, per the Census Bureau, or $84,072, by Redfin’s estimate. Either way, something is wrong. 


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Want a 32-hour workweek? Give workers more power.  
  

Want a 32-hour workweek? Give workers more power.
The 40-hour workweek in the US will turn 84 this June, making it older than most human beings alive today. But unlike humans, who are always changing and adapting, today’s standard workweek has spent its 84 years frozen in time.


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Daniel C. Lynch, Founder of Major Computer Exhibition, Dies at 82  
  

Daniel C. Lynch, Founder of Major Computer Exhibition, Dies at 82
In 1986, Mr. Lynch decided to hold a workshop to train vendors and developers to configure equipment for routing traffic through the internet. The point was to make different manufacturers’ equipment work together and demonstrate the uses the internet could have for businesses. The first event, attended by 300 vendors, was run largely by volunteers, who snaked cable through the room and programmed specialized computers called routers, which were just becoming commercially available, to communicate with one another.


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Why Are Older Americans Drinking So Much?  
  

Why Are Older Americans Drinking So Much?
At the time of his 2011 hospitalization, though, Dean Nordman, a retired electrical engineer, was widowed, living alone and developing symptoms of dementia. He got lost while driving, struggled with household chores and complained of a “slipping memory.”


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Protests Against Netanyahu Intensify as Cease-Fire Talks Resume  
  

Protests Against Netanyahu Intensify as Cease-Fire Talks Resume
The protests in Jerusalem, which were planned to continue through Wednesday, came as in-person talks resumed in Cairo concerning a possible cease-fire and the release of hostages held by Hamas militants in the Gaza Strip. Bassem Naim, a spokesman for Hamas, said the group had not sent a delegation there.


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Beyoncé’s Country Is America: Every Bit of It  
  

Beyoncé’s Country Is America: Every Bit of It
Beyoncé grew up in Texas, where country music has long mingled with styles from jazz to blues to hip-hop — and where, in fact, early cowboys were enslaved Black men. Beyoncé met a racial backlash when she performed “Daddy Lessons,” a country song from her 2016 album “Lemonade” about gun-toting self-defense, with the (then-Dixie) Chicks at the 2016 Country Music Association Awards. Presumably that’s what she alluded to when she wrote on Instagram that there was “an experience that I had years ago where I did not feel welcomed.”


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Lorraine Graves, Pioneering Harlem Ballerina, Dies at 66  
  

Lorraine Graves, Pioneering Harlem Ballerina, Dies at 66
Dance Theater of Harlem was formed in 1969 by Arthur Mitchell, an international star who was the first African American principal dancer at New York City Ballet, with Karel Shook, a renowned ballet master who had trained Mr. Mitchell.


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TikTok ban could harm Amazon sellers looking for alternatives | TechCrunch  
  

TikTok ban could harm Amazon sellers looking for alternatives | TechCrunch
In March, the U.S. House of Representatives overwhelmingly passed a bill that could force ByteDance to divest TikTok or face a ban in U.S. app stores. Much of the related discussion and debate has centered around American data security and speech rights, but a potential move also highlights something else: TikTok is growing its focus on e-commerce, but the interplay of tech giants and geopolitics is squeezing smaller merchants.


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Fed must get 'more aggressive' with rate cuts due to weakening jobs market, Canaccord's chief market strategist says  
  

Fed must get 'more aggressive' with rate cuts due to weakening jobs market, Canaccord's chief market strategist says
\"When you\'re this overbought and this extreme to the upside, you just want to wait for a better opportunity,\" Dwyer said. \"In our view, that comes with there is worsening employment data that cuts rates. You have to worry about the economy. That\'s when I want to go in.\"


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Baltimore bridge collapse a 'national economic catastrophe,' says Maryland governor  
  

Baltimore bridge collapse a 'national economic catastrophe,' says Maryland governor
\"If we can see Republicans and Democrats cooperate to get President Biden\'s infrastructure package through, surely they can cooperate to help America and Baltimore deal with this tragedy,\" he said Sunday on MSNBC.


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Australia news live: heavy rain and strong winds to hit Victoria; Easter campers rescued from Queensland flood waters  
  

Australia news live: heavy rain and strong winds to hit Victoria; Easter campers rescued from Queensland flood waters
And in positive news, a pilot scheme to replace cardboard produce boxes with reusable plastic crates has been launched in Victoria, with the aim to cut “invisible” cardboard waste. The Victoria Unboxed project, led by food charity Sustain with Sustainable Victoria, has supplied 1,000 reusable plastic crates to transport produce from farms to venues, wholesalers and homes across Melbourne.


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Victoria trials reusable crates for fresh produce to cut 'invisible' waste from supply chain  
  

Victoria trials reusable crates for fresh produce to cut 'invisible' waste from supply chain
"Food is pretty fundamental, and we kind of take it for granted in Australia," he said. "People are waking up to the fact that the comfortable assumption [of food security] is quite risky, and we need to be making sure our systems are robust."


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Tens of thousands of Israeli protesters call for Netanyahu's removal  
  

Tens of thousands of Israeli protesters call for Netanyahu's removal
As Israel's armed forces continue to wage a nearly six-month-old war in Gaza in which 500 soldiers have been killed, legislators from the government and the opposition have voiced a stance that places the onus of heightened military service obligations on the Haredi community, rather than imposing additional duties on those already in service.


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Government's 'childcare chaos' leaving families in England facing steep costs  
  

Government's 'childcare chaos' leaving families in England facing steep costs
Gillian Keegan, the education secretary, said: "On the day that the Conservative government is delivering the biggest ever expansion in childcare provision, Labour still have nothing to offer. This is simply a desperate attempt to distract from the fact that they would pull out the rug from tens of thousands of hardworking families, adding an average £6,900 to the costs of childcare."


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Thunderstorms and tornadoes expected to sweep eastward across the US  
  

Thunderstorms and tornadoes expected to sweep eastward across the US
Across the central Gulf coast states, an upper-level trough, or an elongated area of relatively low atmospheric pressure, is expected to spread as a cold front advances eastward across the lower Mississippi Valley, the NWS warned.


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Seven children, ages 12 to 17, wounded in Indianapolis mass shooting, police say  
  

Seven children, ages 12 to 17, wounded in Indianapolis mass shooting, police say
Perenially high rates of mass shootings in the US have inspired calls for more substantial gun control from some political quarters, though any measures enacted are lax when compared to many other countries with lower rates of violence.


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23% of Americans Bomb This Financial Quiz. Can You Do Better?  
  

23% of Americans Bomb This Financial Quiz. Can You Do Better?
SmartAsset has a wealth of reference articles to help you better understand your finances, as well as guides specifically centered on particular topics, including investing, estate planning, taxes and more.


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A very bad year for press freedom  
  

A very bad year for press freedom
This morning, Evan Gershkovich, a Wall Street Journal reporter and the first American journalist to be arrested in Russia on espionage charges since the Cold War, woke up to his second year in prison.


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2,000 Motorists Stranded After Part of California’s Highway 1 Collapses  
  

2,000 Motorists Stranded After Part of California’s Highway 1 Collapses
Officials with the California Department of Transportation said on Sunday that a section of the southbound highway located in the Central Coast, would remain closed to the public while crews worked on the affected areas. Large chunks of the road fell into the ocean. The highway, also known as the Pacific Coast Highway, features stretches of rocky cliffs, lush mountains, panoramic beaches and coastal redwood forests.


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Republican Congressman Says of Gaza: ‘It Should Be Like Nagasaki and Hiroshima’  
  

Republican Congressman Says of Gaza: ‘It Should Be Like Nagasaki and Hiroshima’
“We shouldn’t be spending a dime on humanitarian aid,” he said, according to the recording. “It should be like Nagasaki and Hiroshima. Get it over quick. The same should be in Ukraine. Defeat Putin quick. Instead of 80 percent of our funding for Ukraine being used for humanitarian purposes, it should be 80 percent, 100 percent to wipe out Russian forces, if that’s what we want to do.”


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Cesar Chavez’s Family Criticizes R.F.K. Jr. for His Chavez Day Event  
  

Cesar Chavez’s Family Criticizes R.F.K. Jr. for His Chavez Day Event
“Of course, if they had asked me, we would have done something else, very, very easily,” Mr. Kennedy said. “If people in the family had wanted us to cancel the event, it would have been quite easy for them to pick up the phone.”


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Buttigieg Calls on Congress for More Money to Collapsed Baltimore Bridge  
  

Buttigieg Calls on Congress for More Money to Collapsed Baltimore Bridge
Mayor Brandon Scott of Baltimore, also a Democrat, echoed Mr. Moore’s argument that the bridge collapse — which has shut down the harbor — is not a local tragedy but a choke on the U.S. economy.


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From Pizzagate to the 2020 Election: Forcing Liars to Pay or Apologize  
  

From Pizzagate to the 2020 Election: Forcing Liars to Pay or Apologize
“The new information landscape we’re in is a little bit like the Wild West — a lawless space,” said Ian Bassin, a co-founder of Protect Democracy. Lawyers, he said, have turned to defamation, which is legally defined as any false information, either published, broadcast or spoken, that harms the reputation of a person, business or organization. “It’s one of the most effective and only strategies for dealing with these out-and-out falsehoods,” Mr. Bassin said.


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Esther Coopersmith, Washington Hostess and Diplomat, Dies at 94  
  

Esther Coopersmith, Washington Hostess and Diplomat, Dies at 94
The cause was cancer, said Janet Pitt, her longtime chief of staff. Rather than seek treatment that might have only postponed the inevitable and made her miserable, Ms. Pitt said, Mrs. Coopersmith “wanted to live her life.”


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Amazon Is Spending Big Bucks Trying To Stop Unions  
  

Amazon Is Spending Big Bucks Trying To Stop Unions
The stakes are high this year, and our 2024 coverage could use continued support. If circumstances have changed since you last contributed, we hope you’ll consider contributing to HuffPost once more.


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Minimum wage rise gives boost to 2.7 million lowest-paid  
  

Minimum wage rise gives boost to 2.7 million lowest-paid
The Resolution Foundation, an independent think-tank focused on improving the living standards of those on low-to-middle incomes, said the minimum wage increase represented a rise of 7.8% in real terms - once inflation was taken into account - and a 9.8% rise in cash terms.


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Energy bills lowest for two years under new price cap  
  

Energy bills lowest for two years under new price cap
Among the options is a new \"dynamic\" price cap which would need to be flexible for tariffs that allowed price differences if appliances switched on when there is lower demand for energy such as in the night, or when there is more supply from renewables such as when the wind blows.


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Childcare: Free 15 hours expands to two-year-olds in England  
  

Childcare: Free 15 hours expands to two-year-olds in England
Shadow education secretary Bridget Phillipson said Labour would not commit to honouring the government\'s childcare plan if it wins the next general election, because she does not believe the necessary spaces will be available.


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As Graffiti Moves From Eyesore to Amenity, Landlords Try to Cash In  
  

As Graffiti Moves From Eyesore to Amenity, Landlords Try to Cash In
But that attention to once overlooked neighborhoods has pushed up rents, leaving artists, fans and local officials with a quandary: What happens after the street art that brought character becomes commodified?


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New York City’s Easter Parade, Where Spring’s in Full Bloom  
  

New York City’s Easter Parade, Where Spring’s in Full Bloom
Fifth Avenue was filled with magnificent hat wearers, sauntering up and down 5th Avenue with charm and excitement that rivaled children who might be scouring parks for Easter egg hunts. A recurring cast of milliners and costumed spectators trading nods with the more casual participants — who found creative ways to create their own grand impressions — was a particular delight to see.


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Istanbul Mayor Headed for Re-election, in Blow to Erdogan’s Party  
  

Istanbul Mayor Headed for Re-election, in Blow to Erdogan’s Party
The opposition was also on the verge of significant gains in other local elections across Turkey. Preliminary vote counts on Monday kept it in power in four of the country’s largest cities — Istanbul, Ankara, Izmir and Antalya — and gave it control of a fifth, Bursa, and a number of smaller cities.


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Samsung says it needs to 'redefine' its voice assistant Bixby with generative AI upgrade  
  

Samsung says it needs to 'redefine' its voice assistant Bixby with generative AI upgrade
Samsung\'s focus on the technology comes at a time when investors are scrutinizing what Apple will deliver when it comes to generative AI. Apple announced it would hold its annual developers conference, WWDC, in June, when the company is largely expected to talk up some AI features across its products.


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3 money moves to make in your 30s to set yourself up for financial success  
  

3 money moves to make in your 30s to set yourself up for financial success
Want to land your dream job in 2024? Take CNBC\'s new online course How to Ace Your Job Interview to learn what hiring managers are really looking for, body language techniques, what to say and not to say, and the best way to talk about pay. CNBC Make It readers can save 25% with discount code 25OFF.


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Turkey's resurgent opposition knocks Erdogan in pivotal local elections  
  

Turkey's resurgent opposition knocks Erdogan in pivotal local elections
Violence erupted earlier in the day, including one incident in the southeast in clashes by groups armed with guns, sticks and stones, killing one and wounding 11. In another, one neighbourhood official, or \"muhtar\", candidate was killed and four people were wounded in a fight, Anadolu reported.


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Kia recalls over 427,000 Telluride SUVs because they might roll away while parked  
  

Kia recalls over 427,000 Telluride SUVs because they might roll away while parked
In the meantime, drivers of the impacted Tellurides are instructed to manually engage the emergency break before exiting the vehicle. Drivers can also confirm if their specific vehicle is included in this recall and find more information using the NHTSA site and/or Kia\'s recall lookup platform.


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Rep. Don Bacon: 'It's possible' Johnson could lose speakership over Ukraine  
  

Rep. Don Bacon: 'It's possible' Johnson could lose speakership over Ukraine
\"We put a bill together that focuses on military aid — a $66 billion bill that provides military aid to Ukraine, Israel and Taiwan,\" Bacon told Welker, calling for a \"bicameral, bipartisan solution.\"


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Powerball jackpot jumps to $975 million after another drawing without a big winner  
  

Powerball jackpot jumps to $975 million after another drawing without a big winner
The $975 million prize is for a sole winner who chooses an annuity paid over 30 years. A winner opting for cash would be paid $471.7 million. The prizes would be subject to federal taxes, and many states also tax lottery winnings.


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King Charles shakes hands, chats with crowd at most significant public outing since cancer diagnosis  
  

King Charles shakes hands, chats with crowd at most significant public outing since cancer diagnosis
The palace has worked hard to keep the king in the public eye — even as he sought to limit contacts to reduce his risk of infection while receiving treatment. Videos of the king reading get-well cards and an audience with Prime Minister Rishi Sunak were released. He also attended a session of the Privy Council, an assembly of senior advisers.


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36-year-old brought in $77,000 in passive income from Etsy in 2023—she spends '5-10 minutes' per day on it  
  

36-year-old brought in $77,000 in passive income from Etsy in 2023—she spends '5-10 minutes' per day on it
Want to make extra money outside of your day job? Sign up for CNBC\'s new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. Register today and save 50% with discount code EARLYBIRD.




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