Its not an Aprilâs fool but an official press release
They developed a treatment for Ebola some years ago.
Could have thought about the date before they released it though
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2 weeks until earnings season. I donât think it will be pretty. Happy to sit and watch before making any equity purchases. If I âmiss the bottomâ I miss the bottom, but I donât think weâve seen it yet.
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zoom and amazon
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Thatâs an impressive carrot. I guess if thatâs what it takes⊠to buoy (investor) demand!
Also, the benefit of having the central bank as your guarantor. MMTâŠletâs go!
BlackRock another one to watchâŠ
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Monzo are ahead of the curve there, their CEO Tom Blomfield has announced heâll forgo his salary for a year.
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Good share @Raul.
The optics are even more critical in South Africa, to which the article refers, given the precariousness and fragility of that countryâs economy. Despite its relatively high level of development, income disparity and inequality is the highest in the world with disadvantaged South Africans holding little in the way of employment prospects, skills and assets.
Where the state has previously failed, business can and must step in to support the country as it enters yet another period of uncertainty, and that means shoring up the business to weather this over and above placating greedy investors.
Anecdotally, many South African entrepreneurs Iâve spoken to over the past few weeks speak of their moral obligation to support their country so I suspect weâll see more proactive offers of direct support by injecting their own funds into their businesses or indirect support by where weâll see more voluntary cuts to pay. The question is whether weâll see the same level of pragmatism and altruism take off in more developed markets.
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Not going to lie but itâs been quite a feast watching the slow combustion (sorry) of the oil and gas industry. The words reap and sow come to mind.
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6.6m job claims in the us
âŠand this does not count the US gig workers yet. They will be allowed to file in the coming weeks so it will be significantly more claims this month.
what a time we are living at 
Forget black friday, boxing days, or other sales days, this is the one and only one in a decade flash sale and so great to be part of it haha
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Yeah it is quite remarkable isnât it
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This chart really puts it in context. About 10x as much as the last recession. Additionally there are plenty of people who havenât been able to apply yet, plenty more who are still hanging on to jobs.
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Comparing month on month losses is not that helpful as the pace is so different. The GFC caused approximately 9 million jobs to be lost in the US so these two weeks are not quite equal to that.
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Itâs still early but the big difference this time around is people are not going outside and spending money. Last time youâd still see people going out to restaurants, using taxis, going cinemas, even going on holidays etc etc. Think it will get worse.
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Ah sorry poor maths these two weeks are actually worse than the GFC job losses.