From TradeBriefs <[email protected]>
Subject Hizbullah's sprawling financial empire looks newly vulnerable - The Economist - Oct 22, 2024
Date October 22, 2024 1:27 PM
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- The top 25 stories curated by editors and fellow readers!

From the Editor's Desk

Chinas Relentless Legal Warfare to Strangle Taiwan - Foreign Policy

In May, China held military exercises around Taiwan that simulated the
opening maneuvers of a full-scale invasion. China has launched
ballistic missiles over the island, and incursions by Chinese fighter
jets into Taiwanese airspace are a daily occurrence. But while
Beijing’s military provocations grab global headlines, its
relentless campaign of diplomatic pressure and legal warfare—lawfare
for short—to damage and delegitimize Taiwan has drawn much less
attention. Yet this campaign is just as much an existential threat to
Taiwan as any military attack.

China’s military actions are a form of shock and awe. They are
designed to unleash fear among the Taiwanese population and bully the
island’s international supporters into inaction. China’s lawfare
is a silent killer, attempting to slowly strangle Taiwan’s ability
to function as an autonomous, self-governing entity. If the world’s
democracies do not act to relieve the pressure on Taipei, it will soon
be too late.

Continued here [[link removed]}&lead=419599&emailid=82519&nl=daily]

_TradeBriefs: Newsletters for Decision-Makers!_

Work

Hizbullahs sprawling financial empire looks newly vulnerable - The
Economist [[link removed]}&lead=419599&emailid=82519&nl=daily]
Residents of Beirut are, by now, used to warnings from the Israel
Defence Forces ahead of bombing runs. Typically, these instruct locals
to stay away from a tower block suspected of harbouring fighters, or
perhaps a school said to double as a weapons cache. The warning on
October 20th was a little different. It told people to steer clear of
branches of al-Qard al-Hassan (AQAH), a bank.

Work

Cannibalization May Have Been a Last Resort for Survivors of the Lost
John Franklin Expedition - Discover Magazine
[[link removed]}&lead=419599&emailid=82519&nl=daily]
The lost expedition of John Franklin is a classic tale of traveling
gone wrong. When the British Royal Navy officer set out from England
with two ships in 1845, their goal was to forge a way through the
Arctic Ocean to open up the Northwest Passage. Unfortunately, none of
the 129 men who sailed out with the HMS Erebus and the HMS Terror ever
returned.















Work

More startups are being spun out of Klarna than any other European
fintech unicorn
[[link removed]}&lead=419599&emailid=82519&nl=daily]
"I think the flywheel is spinning because that talent is remaining
inside the flywheel. That talent is not going anywhere." This, he
said, "speaks to the maturity and appetite" of individuals within
Europe's fintech founder factories. "We expect this trend to continue.
I don't see any reason why it should stop."

Work

5 Gastroenterologists on the 1 Thing You Should Do Every Day
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Somewhere between 60 and 70 million Americans have digestive
conditions like inflammatory bowel disease, acid reflux, chronic
constipation, irritable bowel syndrome, and hemorrhoids. Some of these
will need to be treated through medication and possibly even surgery.
But others can improve by making a few daily tweaks to your lifestyle.














Work

Hugh Hefners son offers to buy Playboy brand for $100 million - WSJ
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Cooper Hefner submitted an offer Monday along with a group of
investors to buy the Playboy brand from Playboy Group for $100
million, according to Hefner and a deal proposal viewed by The Wall
Street Journal.

Work

How Kamala Harris, Donald Trump polls look two weeks before election
[[link removed]}&lead=419599&emailid=82519&nl=daily]
The former president is now considered the slight favorite over Harris
to win November's election in two major polling aggregators and
forecasting models for the first time, with three recent high quality
polls showing Trump ahead nationally over Harris.














Work

Feds Daly Says She Doesnt See Reasons to Stop Cutting Rates -
Bloomberg [[link removed]}&lead=419599&emailid=82519&nl=daily]
US central bank needs to adjust as inflation falls, Daly says

Work

Learning to learn | K/L
[[link removed]}&lead=419599&emailid=82519&nl=daily]
I especially like capping interviews with an open-ended question that
reallylets great candidates shine. One of my favorite now-retired
questions is,in Thielian fashion:“What’s something you’ve
learned that you believe gives you an edge - somethingthat you’re
almost surprised more people don’t know about?”














Work

Exclusive: A Third of Cameras Along US Border Broken for Up To a Year
[[link removed]}&lead=419599&emailid=82519&nl=daily]
An investigation by Newsweek also reveals that immigration authorities
have suggested much of the border's camera network, intended to alert
law enforcement officers to illegal crossings, is obsolete and no
longer fit for purpose.

Work

The most important event youve never heard of, explained
[[link removed]}&lead=419599&emailid=82519&nl=daily]
The US presidential campaign is in its final weeks and were dedicated
to helping you understand the stakes. In this election cycle, its more
important than ever to provide context beyond the headlines. But
in-depth reporting is costly, so to continue this vital work, we have
an ambitious goal to add 5,000 new members.














Work

North Korean troop claims revive talk of EU boots on the ground in
Ukraine
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Lithuanian Foreign Minister Gabrielius Landsbergis told POLITICO
Sunday that its time for European countries to revisit French
President Emmanuel Macrons idea of deploying troops to Ukraine.

Work

Dracula author Bram Stoker's lost story unearthed after 134 years
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Mr Cleary made the discovery after taking time off work following a
sudden onset of hearing loss in 2021 - during which period he would
pass the time at the national library in Stoker's native Dublin.














Work

Who Thinks Chinas Not an Economic Powerhouse? China - Bloomberg
[[link removed]}&lead=419599&emailid=82519&nl=daily]
One of the hottest topics at the upcoming global climate conference is
whether China should still be considered developing.

Work

Solving Stephen Hawkings black hole paradox has raised new mysteries -
New Scientist [[link removed]}&lead=419599&emailid=82519&nl=daily]
In March 1974, Stephen Hawking published the paper that made his name.
It contained the revelation that black holes gravitational giants from
which nothing, not even light, can escape dont grow and grow until the
end of time, but instead slowly shrink as they release particles in a
phenomenon now called Hawking radiation.














Work

Rebecca Minkoff Doubles Down, Says 'Real Housewives' Is Good for
Business - Inc [[link removed]}&lead=419599&emailid=82519&nl=daily]
When Rebecca Minkoff told a reporter recently that her decision to
open her life to Bravos cameras on Season 15 of The Real Housewives of
New York City was a sound strategy for promoting her brand, she
ignited a small internet firestorm.

Work

AI can be a powerful force in retail. Here's how
[[link removed]}&lead=419599&emailid=82519&nl=daily]
That’s according to Michelle Bacharach, chief executive of AI
styling platform FindMine. Bacharach told Quartz that AI can be the
“ultimate tiebreaker” between a retailer’s quarreling creative
and sales teams.













Work

Three Billion Years Ago, a Giant Impact Boiled Away Some of Earths
Ocean. Then Life Bounced Back - Scientific American
[[link removed]}&lead=419599&emailid=82519&nl=daily]
An artists illustration of Earth as it may have been during the
Archean eon between 3.8 to 2.5 billion years ago, a time of violent
asteroid impacts and volcanic eruptions. Back then, all life on Earth
was microbial, with one of its few obvious signatures being
microbe-built formations called stromatolites that littered shallow
coastal waters.

Work

HSBC chief Georges Elhedery unveils sweeping overhaul of lender - FT
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Bank plans to separate east from west and replace three units with
four in a move it says will simplify its business

Work

Are you tasty to mosquitoes? Study offers clues into when and why they
bite
[[link removed]}&lead=419599&emailid=82519&nl=daily]
As mosquitoes and mosquito-borne illnesses like dengue fever spread
across the world, researchers say that a key strategy to prevent these
illnesses may be dissuading the insects from biting their victims in
the first place. But while scientists have uncovered the ways that
odor and heat help mosquitoes find humans, little is known about the
role of taste once they’ve landed. 

Work

How Beijing recruited New York Chinatowns for influence campaign - WSJ
[[link removed]}&lead=419599&emailid=82519&nl=daily]
In early April 2019, Rep. Grace Meng was launching into a busy
legislative week on Capitol Hill. The same day in the central Chinese
province of Henan, two Meng associates were delivering a letter of
appreciation from her to the chief of an international influence
operation managed by the Chinese Communist Party.

Work

What Would Donald Trump Do to the Economy? - The New Yorker
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Donald Trumps public declarations are often described as unhinged.
When hes talking about his economic policy, a better description might
be unbound. Last week, in a two-hour peroration to the Detroit
Economic Club, he unveiled a new tax proposal, one thats designed to
appeal to the Motor City and its customers: making interest payments
on car loans tax-deductible. He also giddily discussed his plans to
impose high taxes on goods imported to the United States, which are
usually referred to as tariffs. Its one of the most beautiful words in
the world, he said. Its going to make us wealthy again.

Work

Egypt declared malaria-free by World Health Organization
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Certification is granted when a country proves that the transmission
chain is interrupted for at least the previous three consecutive
years. Malaria kills at least 600,000 people every year, nearly all of
them in Africa.

Work

Srinivasa Ramanujan Was a Genius. Math Is Still Catching Up. | Quanta
Magazine
[[link removed]}&lead=419599&emailid=82519&nl=daily]
One afternoon in January 2011, Hussein Mourtada leapt onto his desk
and started dancing. He wasn’t alone: Some of the graduate students
who shared his Paris office were there, too. But he didn’t care. The
mathematician realized that he could finally confirm a sneaking
suspicion he’d first had while writing his doctoral dissertation,
which he’d finished a few months earlier. He’d been studying
special points, called singularities, where curves cross themselves or
come to sharp turns. Now he had unexpectedly found what he’d been
looking for, a way to prove that these singularities had a
surprisingly deep underlying structure. Hidden within that structure
were mysterious mathematical statements first written down a century
earlier by a young Indian mathematician named Srinivasa Ramanujan.
They had come to him in a dream.

Work

Why Xi Jinping changed his mind on Chinas fiscal stimulus - FT
[[link removed]}&lead=419599&emailid=82519&nl=daily]
After resisting calls to intervene, Beijing has made a sudden U-turn.
But will the package be enough to get the economy back on track?

Work

EY fires staff who took multiple online training courses at once - FT
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Accounting firm says multitasking violated US policy but some describe
dismissals as overreaction

Work

Blinken Takes Off in 11th Attempt to Reach a Middle East Cease-Fire -
Bloomberg [[link removed]}&lead=419599&emailid=82519&nl=daily]
Envoy Hochstein warns Lebanon may escalate out of control

Work

Harvey Weinstein Diagnosed With Bone Marrow Cancer, Report Says -
Forbes [[link removed]}&lead=419599&emailid=82519&nl=daily]
Disgraced Hollywood producer Harvey Weinsteinwho has been accused of
sexual assault by multiple women and indicted on fresh charges by a
grand jury last monthis battling a form of bone marrow cancer, NBC
News reported on Monday night.

Work

Russia turns Mariupols steel mills from battle zone to spoils of war -
WSJ [[link removed]}&lead=419599&emailid=82519&nl=daily]
Mariupol became an emblem of Russia’s destruction early in its
full-scale invasion of Ukraine two years ago. Now the ruined port city
is war bounty, enriching allies of Russian President Vladimir Putin.

Work

For Vance, an Idyllic Appalachian Startup Became a Hard Lesson
[[link removed]}&lead=419599&emailid=82519&nl=daily]
None, however, attracted his attention the way AppHarvest did. His
memoir, “Hillbilly Elegy,” had described Appalachia as
“hemorrhaging jobs and hope”; AppHarvest was pitched as a solution
to the declining coal industry there, ready to provide hundreds of
workers health insurance and living wages.

Work

Baidu CEO says LLM hallucinations are now OK
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Asia In Brief Baidu CEO Robin Li has proclaimed that hallucinations
produced by large language models are no longer a problem, and
predicted a massive wipeout of AI startups when the "bubble" bursts.

Work

Harris leads Trump by 20 points with younger Americans, new CNBC
Generation Lab survey finds
[[link removed]}&lead=419599&emailid=82519&nl=daily]
For the first time, respondents listed TikTok alongside TV news and
websites as their primary source of news about the election. The viral
video site that currently faces a potential ban in the United States
far outpaced Facebook and X, formerly Twitter, as one of the top
places where respondents said they got most of their information about
the election.

Work

Jayland Walker's Family Settles With Akron for $4.8 Million Over
Police Shooting
[[link removed]}&lead=419599&emailid=82519&nl=daily]
The officers fired more than 90 shots at Mr. Walker, who sustained
more than 40 gunshot wounds, according to the Ohio attorney
general’s office. The shooting prompted a series of protests across
Akron, a city of nearly 200,000 people that is south of Cleveland in
northeastern Ohio, and drew fierce scrutiny of the Akron Police
Department.

Work

Good money, no team tactics and cute dogs: the rise of pro cycling
freelancers
[[link removed]}&lead=419599&emailid=82519&nl=daily]
“The World Tour is like being in the NFL or NBA,” says Peter
Stetina, who rode for three different teams on the tour, the highest
tier of professional road cycling, from 2010 to 2019. “You get
drafted and signed. You have a salary and your job is just to pedal,
nothing else. Racing is cutthroat, resigning is cutthroat.”

Work

Yellen Rebukes Chinese Lending Practices in Call for Debt Relief
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Global debt continues to be a problem, however, and the United States
has been pushing for a broader international relief initiative that
goes beyond efforts to aid countries that are on the brink of
defaulting on their loans.

Work

Which Republican Might Join a Harris Cabinet? We Asked Around.
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Ms. Cheney, who was functionally exiled by her party after helping
lead the House investigation into the Capitol riot, is the biggest
Republican name on the potential list. The Harris campaign viewed her
endorsement as significant in its effort to win over conservative
women in the suburbs who do not like Mr. Trump but are not sold on Ms.
Harris.

Work

We Just Got More Evidence That Long COVID Is a Brain Injury
[[link removed]}&lead=419599&emailid=82519&nl=daily]
"We show that the brainstem is a site of vulnerability to long-term
effects of COVID-19, with persistent changes evident in the months
after hospitalization," the authors of the study conclude.

Work

Kamala Harris's Early Career Involved Courtrooms and the Social Elite
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Ms. Harris, who grew up in a modest neighborhood in Berkeley, Calif.,
with a single mother, showed a talent for forging relationships with
some of California’s most influential elites while she was still a
young prosecutor.

Work

What's in the 2024 US election for Elon Musk?
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Zander Mundy was midway through a typical day at his office when he
heard the news: tech billionaire Elon Musk was speaking at a nearby
school in the town of Folsom, in the US state of Pennsylvania.

Work

India's Neysa bags $30M to compete with global AI hyperscalers |
TechCrunch
[[link removed]}&lead=419599&emailid=82519&nl=daily]
He did not reveal the exact amount Neysa seeks to raise in its next
round, though he stated that it would be “in an order of magnitude
more than what we’ve currently raised.” The startup also plans to
raise debt to fulfil the growing GPU and other infrastructure
requirements.

Work

Dock Collapse in Georgia Strikes Sapelo Island Community Fighting for
Its Culture
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Some residents questioned whether Georgia officials, who have
responsibility for most of the island, had taken adequate precautions
to prepare the dock for the influx of hundreds of visitors for the
festivities. Officials said they had established additional ferry runs
but did not rule out the possibility that the increased traffic
contributed to the collapse.

Work

With Election Day 2 Weeks Away, 15 Million Voters Have Already Cast a
Ballot
[[link removed]}&lead=419599&emailid=82519&nl=daily]
The persistent preference of many Americans to vote early — both by
mail and in person — comes after the 2020 election prompted a sea
change in voting habits for the country. With many fearful of voting
in person during the pandemic, 65.6 million people voted by mail that
year, and another 35.8 million voted early in person in an attempt to
avoid large crowds.

Work

Liz Cheney urges conservatives to back Kamala Harris over abortion
[[link removed]}&lead=419599&emailid=82519&nl=daily]
She and Harris appeared to have a good chemistry during their
swing-state tour. At one point in Wisconsin, Cheney observed: “If
you wouldn’t hire somebody to babysit your kids, you shouldn’t
make that guy the president of the United States.” The audience
laughed. And no one seemed more amused than Harris herself.

Work

Trump courts Christian vote and says 'God saved me for a purpose'
[[link removed]}&lead=419599&emailid=82519&nl=daily]
The open association with figures like Wallnau, who has written that
the US is headed toward civil war and has accused Harris of practicing
"witchcraft", could be a gamble, given the strong influence such
figures wield among their followers - and the outrage they stoke among
the uninitiated.

Work

Dietary experts advise skipping guidelines on ultra-processed foods
for now - STAT [[link removed]}&lead=419599&emailid=82519&nl=daily]
Scientific experts tasked with advising federal officials drafting the
2025-2030 Dietary Guidelines for Americans said the data were far too
limited to draw conclusions. Meeting Monday, the first of two days of
presentations, they discussed research findings to inform a report to
the Department of Health and Human Services and the Department of
Agriculture. The results will be published in December.

Work

Defence groups bet big on drone-destroying laser weapons - FT
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Leading contractors, including RTX in the US, the UKs QinetiQ, and
Europes MBDA, are investing heavily in the technology

Work

Trump Courts Christian Voters, Days After Vulgar Remarks at a Rally
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Mr. Trump views abortion as his biggest vulnerability in the
presidential election after it hurt Republicans in the midterms in
2022. He pushed to soften anti-abortion language in the Republican
Party’s official platform, and he has issued contradictory
statements about abortion as he tries to appeal to moderate voters
while appeasing social conservatives.

Work

Stock market today: US stocks pull back from record levels as traders
ready for big week of earnings
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Nvidia jumped to record levels during the session to help lift the
Nasdaq slightly higher. The stock rose more than 4% to close at
$143.71. Analysts have been feeling bullish on the stock's prospects
for further gains amid big demand for its new Blackwell chips. Bank of
America was the latest firm to up its price target for the stock,
calling out a "generational opportunity" for the company in a note at
the end of last week.

Work

Harris, Liz Cheney tour battleground states to reach Republicans down
on Trump
[[link removed]}&lead=419599&emailid=82519&nl=daily]
Trump, in a Truth Social post from Monday morning, criticized Cheney
as a "war hawk" whom he accused of wanting "to go to war with every
Muslim country known to mankind," claiming without evidence that Arab
American voters, a community that could be critical for Harris in
Michigan, were "upset" that Harris was campaigning with Cheney.

Work

Middle East crisis live: Air raid sirens in Tel Aviv after Hezbollah
says it targeted city; Blinken lands in Israel
[[link removed]}&lead=419599&emailid=82519&nl=daily]
The US military has rushed its advanced anti-missile system to Israel
and it is now “in place”, defence secretary Lloyd Austin said.
THAAD, or the Terminal High Altitude Area Defense system, is a
critical part of the US military’s layered air defence systems and
adds to Israel’s already formidable anti-missile defences.

Work

What a Woman in the White House Could Mean for Us - Harvard Business
Review [[link removed]}&lead=419599&emailid=82519&nl=daily]
How would having a woman in the most powerful position in the United
States affect how Americans perceive women as leaders? What changes
have resulted from this type of representation in other countries,
like Pakistan, Brazil, and New Zealand?

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