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Understanding country income: World Bank Group income classifications for FY26
 Every year, the World Bank Group classifies the world’s economies [1] into four income groups: low, lower-middle, upper-middle, and high. These classifications, updated each year on July 1, are based on the previous year’s Gross National Income (GNI) per capita, expressed in U.S. dollars [2] using the Atlas method.
A country’s income classification not only reflects its level of development, but it also has the potential to influence its development trajectory. It affects eligibility for official development assistance and concessional financing.
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WorkWorkWorkKyoto Has Zero Zen - Intelligencer (No paywall) This is painful, Maggie James told me as we took a stroll through Gion, the famous geisha district in Kyoto. It was a warm April night, and James, a high-end local fixer for jet-setters visiting the city, was giving me a tour of the neighborhood, which had become emblematic of the plague afflicting Kyoto and, increasingly, much of the world: too many tourists. Gions quiet streets lined with lanterns and low-slung wooden machiya townhouses were now filled with foreigners preening in polyester kimonos they had paid $20 to rent for the day. None of them are Japanese, James said, pointing to a group of men in elaborate getups. These guys are wearing full-on shogun shit. We walked past a spice shop that James and her friends used to frequent until the owners started selling Samurai Spice to foreigners. Work
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WorkWorkTrump Speaks Out After Using Term Considered as Antisemitic President Donald Trump has spoken out after sparking criticism for using a term widely considered to be antisemitic during a speech. Addressing a crowd in Iowa on Thursday, Trump used the term Shylock when discussing his now-signed Big, Beautiful Bill. WorkWork
WorkWorkWorkBlack Sabbath and Ozzy Osbourne's final gig - follow it live! Amazing to see Master of Puppets get played up close: Hetfield can literally play it with his eyes closed, bunching them tight as he feels his way through the complex, time signature-mashing riffage. Ulrich absolutely smashes his cymbals to bits, while Kirk Hammett rides his own lightning up and down the fretboard. Work
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WorkVCs Say These Are the Best Opportunities for Gen-Z EntrepreneursRight Now - Inc (No paywall) Its perhaps no surprise that Gen-Zwho are getting fired at disproportionate rates and are often the subject of workplace irehas an entrepreneurial streak. Still, the generations fervor is impressive. According to a 2023 report by commerce platform Square, more than half of Gen-Zers consider starting a business. A 2024 Justworks study places that number even higher, finding that 71 percent of young employed adults are interested in becoming founders. WorkWorkWork
WorkWorkDoreen St. Flix on the Diddy Trial - The New Yorker (No paywall) A victory, basically, for Combs. A reflection on the trial of Sean Combs, in which the rapper was acquitted of the most serious charges against him. And, then, Jessica Winter on the repercussions of the Supreme Courts latest Planned Parenthood decision. Plus: WorkXbox's sci-fi looter-shooter Blackbird was scrapped even after leaving execs 'blown away' Microsoft didn't provide comments to Bloomberg or any explicit reasoning why the Blackbird project was dropped. Not much was known about the game, but TrueAchievements uncovered a plot that revolves around players uncovering a notorious murder in a capital city called Exodus. Along with Blackbird, Microsoft canceled Everwild, a fantasy game from Rare that's been in development since 2014, and a reboot of the Perfect Dark first-person shooter. WorkWorkSlack now integrates with reMarkable's e-paper tablets To be able to use the Slack integration, you'll need to be subscribed to reMarkable Connect, which gives you access to unlimited cloud storage and sync for $3 a month. You'll also need to have a Slack account with a Pro, Business+ or an Enterprise Grid plan. WorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWork
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