#Bloomberg QuickTake @QuickTake

[britishbusinessonline]

Why the UK's Economy Stopped Working

Britain’s economy is under incredible strain. More than you may realize. Austerity through two successive, extraordinarily expensive and damaging crises, has left the UK with an enormous debt burden. Compared to our friends in any major advanced economy, national debt in the UK has ballooned the most since Covid. But it’s not just borrowing that’s an issue. Look at tax revenue as a percentage…

[st-just]

Above, I quoted yesterday’s joint SNB/Finma statement about Credit Suisse being fine. I should say that the statement does not lead with Credit Suisse being fine. It leads with making fun of America...Credit Suisse has spent the last decade finding astonishing new ways to lose money and embarrass itself, so this is a little rich, but it is accurate. “Credit Suisse’s failings have included a criminal conviction for allowing drug dealers to launder money in Bulgaria, entanglement in a Mozambique corruption case, a spying scandal involving a former employee and an executive and a massive leak of client data to the media,” notes Bloomberg QuickTake, not to mention its losses on the Archegos and Greensill scandals. Credit Suisse’s current troubles are obviously related to those errors. But they were immediately precipitated by a run on Silicon Valley Bank, which had nervous concentrated tech-industry depositors and was mark-to-market insolvent due to losses on its portfolio of long-dated US Treasury bonds. For all its problems, Credit Suisse does not have those problems.

-Mat Levine

[arizonaconservativegal]

Biden: US Makes No Apology for Inflation Reduction Act

Thu, December 1, 2022 at 2:07 PM

President Joe Biden says the US will not apologize for passing the Inflation Reduction Act, but he says some tweaks can be made for European allies. He spoke at the White House beside French President Emmanuel Macron. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en

Love to see where the priorities are for the US govt. Fix the things that make life worse for the American people? Nah. Bend over backwards to appease European govts? Of course!

[fabioperes]

Why Some North Korean Defectors Want to Go Back Nearly 34,000 North Koreans have defected to South Korea since figures were first collected in 1998. While the number of new arrivals dropped to a trickle in recent years due to strict Covid controls in North Korea and China, they are almost certain to start rising again now that border constraints are easing. For many, the journey is arduous. Since the border between the two Koreas is one of the most militarized in the world, almost all defectors first flee to China until they can gather enough money to reach a third country, such as Thailand. Then they can apply for asylum in South Korea, which grants them citizenship after a security screening. Their resettlement should in theory be easier because they’re moving to a country with a common language, culture and traditions. But North Korea’s decades of isolation and lack of uncensored information has caused a wide rift with South Korea. Once North Koreans arrive, South Korea offers an initial settlement funding of 9 million won ($6,900), vocational training and subsidies for employers for hiring defectors. Many live near each other in blocks of inexpensive apartments, oftentimes the so-called 25-square-meter “rental apartments” provided by the government. When the support runs out, they must provide for themselves — often leading to grim outcomes. The unemployment rate for defectors is about twice the national average. Many older defectors retain a northern Korean accent, making them stand out each time they speak. Others bear scars such as psychological trauma or physical problems such as lung damage from digging for coal in unsafe mines with no protective equipment. Nearly 90% of defectors in Seoul said they’ve had trouble settling into their new homes after a decade, according to a 2022 study from the Seoul Institute. North Korean defectors between 2017 and 2021 experienced suicidal impulses more than double the rate of South Korea population, which is already among the highest in the world, according to a survey from the Seoul Institute. In some cases, leaving could prove fatal for family members who don’t flee. Lee, who defected to South Korea in 2017, and only gave her surname due to safety concerns, could only afford to bring one of her sons with her. When the North Korean authorities found out about her defection, they beat her oldest son to death. “I am so lonely,” Lee said. “I want to go back and die there — South Korea is as suffocating as the North.” -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Become a Quicktake Member for exclusive perks: http://www.youtube.com/bloomberg/join Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg Quicktake for global news and insight in an instant. via YouTube https://www.youtube.com/watch?v=PmmKNGMI9F8

[steadhammond]

Elon Musk ‘didn’t think anyone would actually agree’ to the A.I. pause he called for - Fortune

* Elon Musk ‘didn’t think anyone would actually agree’ to the A.I. pause he called for  Fortune * Elon Musk: Advanced AI Is a Risk to the Public  Bloomberg Quicktake * AI's Terminator-Style Threat, ChatGPT's Investment Success, And Elon Musk's Dystopian Delight: Top AI Sto  Benzinga * Elon Musk Predicts 'Catastrophic Outcome' Without AI Regulation | WION  WION * Elon Musk Predicts 'Catastrophic Outcome' Without AI Regulation  Decrypt * View Full Coverage on Google News

[it-mob]

Tweeted

RT @Quicktake: China’s solar rooftops are driving the world’s fastest-growing market for clean energy. Bloomberg’s @danmurtaugh breaks down China’s moves in the solar industry https://t.co/QpDjONvBvb https://t.co/3vaG4gAOjI

— Dennis Patel (@ITMob) Mar 31, 2023

[best2daynews]

This Chinese Company uses Robotic Exoskeletons to keep Workers Safe

Technology in Business Wearable technology is taking on a different meaning in the world of automobiles. Credit Bloomberg Quicktake: Now The post This Chinese Company uses Robotic Exoskeletons to keep Workers Safe first appeared on Technology in Business.

[hobbyspacer]

Videos: “Space to Ground” & other space habitat reports – Jan.21.2022

Here is the latest episode in NASA's Space to Ground weekly report on activities related to the International Space Station: https://youtu.be/q_Vzkxi49Tc ** The Age of Private Space Stations - Bloomberg Quicktake: Explained Voyager Space CEO Dylan Taylor shares his vision for the future of the space industry, from travel to commercial space stations. “I’m super excited about where we are, and even more excited about where we’re headed." https://youtu.be/qaj-Tfc9xw8 ** U.S. Spacewalk 84 Animation - January 20, 2023 - NASA Johnson Expedition 68 astronauts Nicole Mann of NASA and Koichi Wakata of the Japan Aerospace Exploration Agency (JAXA) will step outside the International Space Station for a six-and-a-half hour spacewalk to conduct preparation work for upcoming solar array upgrades for the station’s 1A and 1B power channels. The current solar arrays which were designed for a 15-year service life are functioning well, but have begun to show signs of degradation, as expected. The first pair of solar arrays were deployed in December 2000 and have been powering the station for more than 20 years. The new ISS Roll-Out Solar Arrays (IROSAs) will be positioned in front of six of the current arrays, increasing the station’s total available power from 160 kilowatts to up to 215 kilowatts. Learn more about the research being conducted on the space station: https://www.nasa.gov/iss-science https://youtu.be/P1OuYsjEUlA ** Spacewalk with Astronauts Nicole Mann and Koichi Wakata at the Space Station (Jan. 20) - NASA Astronauts Nicole Mann of NASA and Koichi Wakata of JAXA (Japan Aerospace Exploration Agency) will step outside the International Space Station for their first spacewalk to finish work preparing for solar array additions planned for this summer. The spacewalk is scheduled to begin at 8:15 a.m. EST (1315 UTC) and will last up to seven hours. Follow the space station blog for more updates: https://blogs.nasa.gov/spacestation ** Spacewalk begins to prep space station for new solar arrays - VideoFromSpace Expedition 68 astronauts Nicole Mann of NASA and JAXA's Koichi Wakata. began a spacewalk on Jan. 20, 2023. They will "conduct preparation work for upcoming solar array upgrades for the station’s 1A and 1B power channels," according to NASA. Watch live: https://www.space.com/space-station-f... https://youtu.be/lxdK87VwsYI ** NASA's Plan To Rescue Stranded Astronauts - Playing Sardines In A Space Capsule - Scott Manley In 1973 there were concerns that the crew on Skylab may be stuck without a ride home after half the thrusters on the Service module failed. In response NASA turned to its existing Skylab Rescue plans which involved squeezing 5 people into a capsule designed for 3, and assigned Vance Brand and Don Lind to train for this mission. Over the next few days this crew showed the rescue was possible, but as they analyzed the problem in with the spacecraft they also showed that there were safe ways to return the damaged spacecraft without needing the rescue mission. This story is of course relevant 50 years later because Soyuz MS22 has a crippled cooling system and the crew will have to wait for a replacement. https://youtu.be/Chn6yNHJ2UU ** Care in Space - Axiom Space Together with Boryung and Starburst, we are providing space start-ups with capital, business and technical guidance and access to space. All of this through the Care In Space Challenge!” Axiom Space is guided by the vision of a thriving home in space that benefits every human, everywhere. The leader in providing space infrastructure as a service, Axiom offers end-to-end missions to the International Space Station today while privately developing its successor – a permanent commercial destination in Earth’s orbit that will sustain human growth off the planet and bring untold benefits back home. More information about Axiom can be found at www.axiomspace.com. https://youtu.be/zuOe4p3s9zg ** ISS Live video stream - IBM/ISS HD Earth Viewing Experiment Currently, live views from the ISS are streaming from an external camera mounted on the ISS module called Node 2. Node 2 is located on the forward part of the ISS. The camera is looking forward at an angle so that the International Docking Adapter 2 (IDA2) is visible. If the Node 2 camera is not available due to operational considerations for a longer period of time, a continuous loop of recorded HDEV imagery will be displayed. The loop will have “Previously Recorded” on the image to distinguish it from the live stream from the Node 2 camera. After HDEV stopped sending any data on July 18, 2019, it was declared, on August 22, 2019, to have reached its end of life. Thank You to all who shared in experiencing and using the HDEV views of Earth from the ISS to make HDEV so much more than a Technology Demonstration Payload! ================== Check out the The Lurio Report for news and analysis of key developments in NewSpace The latest issue: Moving, China’s Starship, Tracing New Space in India Vol. 17, No. 7, December 31, 2022  (Issued January 2023) Space Frontier Foundation Award for NewSpace Journalism ==================

=== Amazon Ads === LEGO Ideas International Space Station Building Kit, Adult Set for Display, Makes a Great Birthday Present (864 Pieces) ==== Outpost in Orbit: A Pictorial & Verbal History of the Space Station  Read the full article

[news247worldpressposts]

#Breaking: #Pound goes up, pound goes down.

#Breaking: #Pound goes up, pound goes down.

Pound goes up, pound goes down — it's been a volatile start to the year for the UK currency and investors don't see the turbulence stopping any time soon@krisaqnews explains what's going on (via @Quicktake) https://t.co/Lxwfz03Om4 pic.twitter.com/go9ZAc5K4a — Bloomberg UK (@BloombergUK) January 13, 2023 Source: Twitter

[jeffreymoustache-blog]

Recent work for @quicktake featuring @savannahbeeco . . www.JeffreyMoustache.com . . #savannahbeecompany #savethebees #newwork #bloomberg #jmoustache #bees #savannahgeorgia https://www.instagram.com/p/Cl5xVaiuo-u/?igshid=NGJjMDIxMWI=

[yesadanlerma]

March 12, 2021 - Interesting Tweets This Morning

March 12, 2021 – Interesting Tweets This Morning

Self Portrait 17 – Shadow Selfie ©Felipe Adan Lerma https://felipeadan-lerma.pixels.com/featured/self-portrait-17-shadow-selfie-felipe-adan-lerma.html I figured, for the header image, I’ll just post one of my pics that appeals to me that day, why not!Below are random tweets I liked for some reason – uplifting, funny, inspiring, informative, hopeful, pretty..something good or encouraging at the…

[detroit-grand-prix]

Woke up for a second and decided to check tumblr and have spent the last half hour losing it over those pictures of Susie and Toto.

[contemplatingoutlander]

Monica Hesse is spot on in talking about the additional terror that certain female lawmakers experienced during the Capitol siege. 

“As rioters made their way through the U.S. Capitol on Jan. 6, some went looking for House Speaker Nancy Pelosi....the mob roamed hallways, searching for her office, and as they did, they called for her. ‘Oh, Nancy,’ one man cried out, three syllables ricocheting off the walls. ‘Oh, Naaaaaaancy.’

[....]

“Oh, Naaaaaaancy. A woman who hears it thinks of a specific kind of danger, and a man who says it thinks of that danger, too. That’s why he says it. To make clear that he is the hunter, and guess what you are?

[....]

“It is hard to imagine there is a man, women or nonbinary individual inside the Capitol who did not fear for their lives that day. But to be a woman in the Capitol then meant fearing for your safety in a specific way.

[....]

“A HuffPost investigation into multiple people arrested on charges connected with their presence in the building revealed that, long before they stormed the Capitol, they had terrorized women. 

[....]

“Mental health experts have recently begun to explore the connection between public acts of violence and misogyny, which is a connection many women already knew existed, and that is why their skin runs cold when they hear someone calling, Oh, Naaaaaaancy.

“Oh, Naaaaaaancy is also self-aware.... It is the sort of affectation a bad man might pick up after too many viewings of “The Shining.” It is what a man stalking a woman thinks a man stalking a woman should say.

“He is performing a role.

“He is reciting a line.

“He is enacting a scene: The woman is hiding in the parking garage. The woman is hiding in the stairwell. The woman is hiding in her office. The woman is the speaker of the House of Representatives. For this scene, that doesn’t matter.

“She’s not a powerful politician right now; she’s Nancy.”

[arthropooda]

[it-mob]

Tweeted

RT @Quicktake: 73% of London’s workers would rather quit their jobs than return to the office full-time, a Bloomberg Intelligence survey revealed. The cost of commuting was cited by over-two thirds of the workers as a key reason for not traveling into the office https://t.co/3fMZVYv38v https://t.co/akXcaglzo3

— Dennis Patel (@ITMob) Feb 14, 2023