Author: Global Desk

Across the globe, Gen Z is taking to the streets, demanding change and challenging entrenched political and economic elites. From the bustling streets of Casablanca to Jakarta’s crowded squares, young people are mobilizing in unprecedented numbers, driven by frustration over inequality, unemployment, and lack of opportunity. Analysts say this surge of activism signals a generational shift with potentially lasting political consequences. A Rising Tide of Global Discontent The current wave of protests, fueled by social media activism and global connectivity, reflects deep dissatisfaction among young people who feel excluded from decision-making. In Morocco, thousands of students and young workers rallied against rising living costs, limited job prospects, and…

Wall Street is brimming with optimism, with investors driving the S&P 500 to new heights in a rally that many analysts are now describing as entering a “manic” phase. Despite lingering economic uncertainties, record corporate earnings, and expectations of an upcoming Federal Reserve rate cut, bullish sentiment is fueling one of the most intense buying frenzies seen in recent years. The S&P 500 Surge Over the past few weeks, the S&P 500 has posted consistent gains, with tech and growth stocks leading the charge. Analysts point to several key drivers behind the rally: Market sentiment has reached levels reminiscent of past periods…

Amazon has agreed to pay a record $2.5 billion settlement over allegations of deceptive practices tied to its Prime membership program. On paper, the deal is being described as “historic,” both for its size and its implications for consumer protection in the digital age. But scratch beneath the headlines, and it becomes clear that Amazon may have gotten off far easier than it appears. For a company that generates more than $575 billion in annual revenue, the settlement amounts to less than 0.5% of sales—hardly a material hit. For critics, the case reflects a broader pattern: Silicon Valley giants facing eye-catching fines that make…

Steve Harvey, one of America’s most recognizable comedians, television hosts, and entrepreneurs, has become a living testament to the power of resilience, persistence, and savvy financial management. His rise from sleeping in his car while living on $50 a week to amassing a fortune in the multimillions is as inspiring as it is instructive. Yet, Harvey emphasizes that making money is difficult—but keeping it is even harder. Early Struggles and Humble Beginnings Born in West Virginia and raised in Cleveland, Ohio, Steve Harvey’s path to success was far from glamorous. He experienced poverty firsthand, often living paycheck to paycheck and even enduring periods…

JPMorgan Chase CEO Jamie Dimon has issued one of his starkest warnings yet about America’s fiscal health, arguing that while President Donald Trump’s drive to cut waste and streamline government operations may help, it will not be enough to prevent a looming debt crisis. Speaking at a business forum in New York, Dimon said the United States is drifting toward a debt-to-GDP imbalancethat could threaten both domestic stability and global financial leadership. “Like most problems, it’s better to deal with it than let it happen,” Dimon said, warning that the costs of inaction would only compound over time. Efficiency Is Not…

Artificial intelligence (AI) may soon play a transformative role in combating climate change, according to Amazon’s sustainability chief and a leading climate scientist. Far from being just a tool for business efficiency or consumer convenience, AI could become a cornerstone in the global effort to reduce emissions, optimize energy usage, and monitor environmental impacts in real time. AI’s Climate Potential During a recent panel discussion on technology and sustainability, Amazon’s sustainability director emphasized that AI is capable of analyzing vast datasets, predicting trends, and driving efficiencies in ways previously unimaginable. From reducing waste in supply chains to optimizing renewable energy deployment, the technology could…

David Ellison, the newly appointed head of Paramount, has inherited a company at the center of one of the most challenging eras in modern media. While Ellison successfully navigated a major merger to consolidate Paramount’s assets, transforming the studio into a resilient, forward-looking powerhouse will require both strategic vision and deft political navigation. A Merger Achieved, But Challenges Remain Ellison’s first major victory came in the form of a high-profile merger, giving Paramount increased scale and new creative and distribution capabilities. The move was hailed as a necessary step to compete with streaming giants like Netflix, Disney+, and Amazon Prime…

Hang Seng Bank, one of Hong Kong’s most prominent lenders, is reportedly considering the sale of a property loan portfolio valued at roughly $1 billion, a move that would underscore the mounting pressures facing banks operating in a challenging real estate and credit environment. If executed, the transaction could represent one of the largest secondary loan sales in Hong Kong’s property market in recent years. Strategic Review in a Tough Market According to people familiar with the matter, Hang Seng Bank is conducting a strategic review of its property lending exposure. The potential sale is focused on a pool of loans…

Global financial markets have been riding a wave of optimism in recent months, fueled by the belief that the U.S. Federal Reserve is on the verge of a policy pivot. Traders have piled into equities, bonds, and risk assets on the expectation of rate cuts in 2025 and a “soft landing” for the American economy. But with investors pushing valuations higher and volatility lower, some analysts warn that markets are approaching what they call “Peak Goldilocks” — a point where the good news may already be fully priced in. If the Fed’s next move fails to live up to those lofty expectations, markets may…

As artificial intelligence (AI) reshapes the global economy, talent has emerged as the most critical resource. Recent reports suggest that many top AI researchers are leaving the United States for Europe, raising the question: Is America’s loss really Europe’s gain? A closer look reveals that while the EU aims to position itself as a global AI hub, its current strategy may fall short of achieving that ambition. The Lure of Europe Europe has been actively promoting policies designed to attract AI talent from abroad. Initiatives include fast-track visas for skilled workers, generous research grants, and the creation of AI research hubs in…