Brigadoon Daily Rundown = July 23, 2020

Bespoke.jpg

Stephen Daisley: Why Putin wants Scottish independence https://bit.ly/3jvg76y

Today: Secretary Pompeo will deliver a speech on Communist China and the future of the free world at the Richard Nixon Presidential Library in Yorba Linda, California, at 1:40 p.m. PDT / 4:40 p.m. EDT. Secretary Pompeo’s remarks will be streamed live on www.state.gov.

Africa starts to have second thoughts about that Chinese money: After years of borrowing on easy terms, many countries in the region are saddled with debt they can’t repay. https://bloom.bg/3hotN1x
 
The inexorable collapse of Lebanon: Once celebrated as the Switzerland of the Middle East, Lebanon is facing a severe crisis. Its economy is collapsing, while electricity and adequate medical care are hard to find. The state has completely failed its people. https://bit.ly/3eU2Ild

America’s backward coronavirus strategy: The federal government’s approach is like a hospital that invests in palliative care while abolishing the oncology department. https://econ.st/3jsfF9g

Did a person write this headline, or a machine? GPT-3, a new text-generating program from OpenAI, shows how far the field has come—and how far it has to go. https://bit.ly/3fMZv8d

Why is the left angry at Republicans working to elect Joe Biden? https://nym.ag/3htrme1

The flexible work fallacy: Breaking free of the 9-to-5 was originally a feminist project. So how did it become part of oppressive 24/7 work culture? https://bit.ly/30twzf2

General Electric entered the 21st century as the most valuable company in the country. Today, the conglomerate is no longer listed on the Dow Jones Industrial Average, and has gotten out of most of its consumer-facing businesses like light bulbs, oil and gas, and appliances. The following is an excerpt from “LIGHTS OUT: Pride, Delusion, and the Fall of General Electric” by Thomas Gryta and Ted Mann. https://bit.ly/30ATaGE

Businesses in the UK are on average operating at 53% of capacity, the British Chambers of Commerce says.

A brief history of the modern office https://bit.ly/3jpcRJY

Why no one knows which stories are the most popular on Facebook: Facebook’s CrowdTangle is only telling part of the story — and viral tweets about it are driving the company crazy. https://bit.ly/2OOYYH2

The race to beat Tesla at its own game: Government subsidies promoting the purchase of electric cars in Germany are causing demand to skyrocket. VW, BMW, and Daimler are all overwhelmed by the sudden boom. Not only are there too few vehicles coming off the assembly lines, but there aren't enough charging stations around Europe. The companies are now going on the offensive to catch up with Tesla. https://bit.ly/3hkspwS

CNBC: Coronavirus effect on investment in space companies not as bad as feared so far, report says https://bit.ly/39nVSTW

+ Investments in space-based companies totaled $5.5 billion in the second quarter, down 23% from the record highs hit in 2019, Space Capital’s report said.

Top CEOs communicating less on social during COVID-19: The latest annual research from the ECCO network found that global business leaders’ social media use has gone down during the pandemic. https://bit.ly/3hiKpHK

You’re doomscrolling again. Here’s how to snap out of it. In a pandemic that forces us to stay home, bingeing on doom-and-gloom news feels irresistible. These health experts offer ways to break the habit. https://nyti.ms/2CTc9nG

The death of nostalgia: People used to pine for a simpler life. Now they’ve got it—and it’s not all it’s cracked up to be. https://econ.st/2E4caFK

Will the coronavirus forever alter the college experience? The answer so far appears to be no. But some online education tools are likely to stick around. https://nyti.ms/3hwIlfD