Sweden shows us whether lockdown was worth the economic cost August 26, 2020 Did Sweden get it right in its response to Covid? There is increasing interest in this question. Contrary to widespread belief, the Swedes did introduce a few legally enforceable restrictions on behaviour. For example, public gatherings of more than 50 people were forbidden in March. Private ones were exempt from the ban. But, overall, compared [...]
A CEO’s guide to reaching net zero carbon emissions August 26, 2020 Former Bank of England governor Mark Carney warned last year that: “companies and industries that are not moving towards zero carbon emissions will be punished by investors and go bankrupt.” I would add customers and employees to that statement: a Net Zero commitment is becoming an expectation for companies they will buy from or work [...]
The corporate bond market is set for a record year — but also a dangerous and dysfunctional one August 26, 2020 2020 is going to be a record year for the corporate bonds market. New issue investment grade volume in the first half of the year exceeded $2.5 trillion. Records are also being broken in high-yield junk debt, despite a rising corporate default rate. Last week, the US primary market broke through $1.3 trillion of new [...]
DEBATE: Will cyber attacks increase as we return to the office? August 25, 2020 Will we see an increase in cyber attacks as more businesses return to the office? Chris Hodson, CISO at Tanium, says YES Cyber criminals exploited business disruption in the rush to get workers set up from home in March. Our research saw a 92 per cent spike in attacks targeted at companies in the first [...]
Why the whistleblower is truly the boss’s best friend August 25, 2020 Whistleblowers have an unfair reputation.Traditionally known as the “snitch”, or the “traitor”, the whistleblower — especially in the corporate services firms — should be rebranded as the “chief executive’s best friend”. We need to change the stigma of the whistleblower. Historically, those who dared to speak up — whether to uncover a persistent culture of [...]
Can learning improv improve your presentation skills? August 25, 2020 Public speaking frequently appears at the top of lists of people’s worst fears, making it even scarier than death. So how can we address this common phobia? Improv could be the answer. After all, improv comedians have learned several techniques to help them own any room and overcome even the most hostile of audiences. Here [...]
The inflation divide: what should investors be doing? August 25, 2020 Currently, inflation is more of an annoyance than the economic tyrant of old. Given the unprecedented stimulus that the global economy has received since the coronavirus crisis hit, the debate is whether these “whatever it takes” financial packages will stoke a sustained period of rising prices. Inflation or deflation? The inflation debate is polarising opinion [...]
DEBATE: Are the life chances of the Covid-19 generation damaged beyond repair? August 24, 2020 Are the life chances of the Covid-19 generation damaged beyond repair? Emma Revell, head of communications at the Institute of Economic Affairs, says YES. Young people have had a rough pandemic. Months of education gone, exam grades tainted by confusion and uncertainty even after the U-turn, the future burden of spiralling public debt against a [...]
By ignoring the Civil War in Libya, the EU risks its stability August 24, 2020 The art of statecraft consists in large part of separating risks which cannot be tolerated from those which have to be lived with. This key political realist imperative is all but lost on the European Union. While EU leaders are focused on Belarus, which will remain close to regional power Russia whatever the outcome of [...]
The Wirecard scandal is a warning to the EU to think twice before cutting itself off from London’s financial expertise August 24, 2020 “The last place we expected something like this to happen was Germany,” said Peter Altmaier, the German economy minister in the wake of the Wirecard fiasco. But is it really? City A.M. readers will likely now be fully familiar with the Wirecard debacle. But for those who are not, here is a potted history. Since [...]