Saturday, October 8, 2022

Building Frenzy in the Middle East

A New Capital Worthy of the Pharaohs Rises in Egypt, but at What Price?
https://www.nytimes.com/2022/10/08/world/middleeast/egypt-new-administrative-capital.html
 
MBS’s $500 Billion Desert Dream Just Keeps Getting Weirder
https://www.bloomberg.com/features/2022-mbs-neom-saudi-arabia/
Neom, the Saudi crown prince’s urban megaproject, is supposed to have a ski resort, swim lanes for commuters, and “smart” everything. It’s going great—for the consultants.  

The real reason Egypt is moving its capital

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2022 Nobel Prize Winners - Chemistry and Physics

A way to snap molecules together like Lego wins 2022 chemistry Nobel
https://www.sciencenews.org/article/bioorthogonal-chemists-bertozzi-meldal-sharpless-win-2022-chemistry-nobel
 
Nobel Prize: How click chemistry and bioorthogonal chemistry are transforming the pharmaceutical and material industries
https://theconversation.com/nobel-prize-how-click-chemistry-and-bioorthogonal-chemistry-are-transforming-the-pharmaceutical-and-material-industries-191995
 
The Universe Is Not Locally Real, and the Physics Nobel Prize Winners Proved It
https://www.scientificamerican.com/article/the-universe-is-not-locally-real-and-the-physics-nobel-prize-winners-proved-it/
 
Nobel-winning quantum weirdness undergirds an emerging high-tech industry, promising better ways of encrypting communications and imaging your body
https://theconversation.com/nobel-winning-quantum-weirdness-undergirds-an-emerging-high-tech-industry-promising-better-ways-of-encrypting-communications-and-imaging-your-body-191929 

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Shifting Fortunes

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Europe's Energy Challenges

Britain’s grid warns of winter blackouts if Europe energy crisis escalates
https://www.washingtonpost.com/world/2022/10/07/uk-energy-blackouts-warning-russia/
 
Norway is portrayed as both hero and villain in Europe’s energy crisis
https://www.washingtonpost.com/world/2022/10/08/norway-gas-prices-supply-europe/
 
The Massive Gas Field That Europe Can’t Use
https://www.bloomberg.com/news/articles/2022-10-06/dutch-close-europe-s-biggest-gas-field-despite-energy-crisis 

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Golden Parachutes for Fired College Football Coaches

The best gig in college football might just be getting fired
https://www.washingtonpost.com/sports/2022/10/08/college-football-firings/
Nebraska could have allowed Scott Frost, who once quarterbacked the Cornhuskers to a national championship, to coach through last Saturday’s game against Indiana. Firing him after Oct. 1 would have meant the school was on the hook for a $7.5 million buyout. Instead, Nebraska decided, after a loss to Georgia Southern on Sept. 10, it couldn’t watch Frost for even two more games. So the school will pay him $15 million not to coach — or twice as much as if it had waited a few weeks. 

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Friday, October 7, 2022

When Good News is Bad News


Related:

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Thursday, October 6, 2022

International Finance – Debtors Beware

In Global Slowdown, China Holds Sway Over Countries’ Fates
https://www.nytimes.com/2022/10/06/business/china-debt-economy-global-slowdown.html
 
A Strong Dollar Is Wreaking Havoc on Emerging Markets. A Debt Crisis Could Be Next.
https://www.nytimes.com/2022/10/05/business/strong-dollar-emerging-market-debt-crisis.html
 
Britain is learning a painful lesson: what happens in ‘emerging markets’ could also happen here
https://www.theguardian.com/commentisfree/2022/oct/06/economists-liz-truss-britain-emerging-market-capitalism-uk 

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