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Why is stockmarket performance so seemingly cut off from current events, and what does this tell us about how the economy works? -from The Economist
After months in lockdown, restaurants are back. But they’re coming out of hibernation into a strange new world shaped by the coronavirus pandemic. -from FT
With large gatherings limited during the coronavirus pandemic, artists are experimenting with new ways to perform, and some of these shows are already attracting millions of fans globally. -from WSJ
It’s an open secret in America that calling for an ambulance can be a financial gamble because of surprise bills. -from CNBC
As the global economy sputters in the wake of the coronavirus pandemic, some economists are looking to city skylines for clues to the future. -from Bloomberg QuickTake Originals
The coronavirus downturn is so different from past recessions that economists are coming up with new shapes to describe the potential recovery. -from WSJ
The current pandemic has changed up the game in new ways, so there are a few additional things you need to be ready for if you want to stand out and secure a great next step in your career. -Forbes
Will the economic shock caused by imposing lockdown prove more costly than the pandemic itself? How could an economic recession shift the global balance of power? -from The Economist
Great Big Story on Miniatur Wunderland world's largest model railway. Located in Hamburg, Germany, 1,000 trains, traveling 16,000 kilometers (10 miles) of track. -from Great Big Story
If silence can make you successful and happy in your life, why aren’t more people hearing about the power of silence? -from TopThink
Modern cities are intrinsically reliant on these vertical transports which, in light of the global pandemic, can carry new risk factors. -from Bloomberg QuickTake Originals
The covid-19 pandemic has accelerated a shift towards remote working. This could affect not just people’s working lives, but the shape of cities, gender equality and even how we measure time.
Demand for air travel was predicted to grow to 8.2 billion passengers by 2037, but that was before the Covid-19 pandemic brought economies to a halt. -from CNBC International
LED walls are revolutionizing filmmaking by projecting 3D environments in real time behind actors to provide the illusion of being in a physical location. -from Insider
Air travel is full of opportunities for coronavirus transmission. Touchless check-in, plexiglass shields, temperature checks, and more are now part of the flying experience. -from WSJ
Will the coronavirus pandemic lead to long-term changes in higher education? -From WSJ
In 1919, a total solar eclipse helped redefine gravity. -from Vox
While the U.S. economy is showing signs of life as businesses reopen and job growth rebounds, the gap between the real economy and the stock market remains unusually wide. -From CNBC
What happens to frequent flyer miles when almost no one is flying and can an airline loyalty program survive if an airline goes bankrupt? -From CNBC
FRANCE 24 brings you four reports on the New Normal from our correspondents around the globe.
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“Even monkeys can fall from their trees.” – Japanese Proverb
Continuing our global learning journey, our next stop is Tokyo Japan. Founded, in 1603, this city was once a small fishing village called Edo. In 1890, it became Tokyo which means Eastern Capital in English.
In Tokyo, you will find the world’s busiest intersection, the Shibuya crossing where 2,500 people cross the intersection, every time the lights turn green. This city also holds the record for the most Michelin starred restaurants at 212 places to enjoy amazing food.
Tokyo is the most populous city in the world with 37 million people. Uniqueness is everywhere, even in vending machines, where you can buy hot meals, fresh produce, and even umbrellas. There is one vending machine in the city for every two people.
Have lost count on the many times I visited Tokyo to experience their modern retail industry. This picture is from the New Otani Hotel gardens, a favorite during multiple visits.
As the Japanese proverb that opened this summary reminds us, no matter how accomplished we become, you can always make a mistake. Overconfidence can lead to missteps. Life is one sweet ride and Japan provides many reminders on how to enjoy it.
Deloitte Global Retail Outlook 2024
After a prolonged period of suppressed consumer spending, macroeconomic and geopolitical uncertainty, and rapid changes in consumer behavior (among other things), the global retail industry stands at a crossroads; forced to make decisions about long term investments in new technology and business models while at the same time managing the rising cost of doing business and a decline in the spending power of consumers. - From Deloitte Insights Read more
The World's Top Flight Routes by Revenue
In 2024, a record 4.7 billion people are projected to travel by air—200 million more than in 2019. While revenues surged to an estimated $896 billion globally last year, airlines face extremely slim margins. On average, they made just $5.44 in net profit per passenger in 2023. Today, the industry faces pressures from high interest rates, supply chain woes, and steep infrastructure costs. - From Visual Capitalist
The World Ahead 2024: five stories to watch out for
From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead. Read more
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