Australia: A window on the future of print
Newscorp the owner of print and on line publications across the world has called time on more than 100 local and regional printed papers in Australia. All 110 will from now on only be available on line. This is part of a widespread review of the Newscorp business model. The Murdoch family have long proved themselves adept at reading market trends and this is an example of gaining first mover advantage as for sure others will follow suit.
No not a contradiction in terms but all true: the Swiss hills were alive with the sound of sex workers preparing for a return to work yesterday afternoon. However wrestling, judo and boxing as well as nightclubs which all involve “close and sustained physical contact” are still not permitted. Kind of begs another question about those Swiss erotic services, but that’s not for here. Swiss Franc CHF slightly limper versus USD at 0.97.
“Not many people know that”…with thanks to Michael Caine (87 and going strong if you didn’t know that ) but in this case it’s to do with saunas. Estonia not only has the climate but also the expertise when it comes to building and selling saunas for peoples’ back gardens. Since March the industry has started sizzling as sales have eclipsed the whole of the previous full year. Seasoned SGM-FX sauna aficionado Charles puts this down to lockdown rather than the wisdom of President Alexander Lubashenko from neighbouring Belarus; some readers may recall that it was Lubashenko who opined in April that 3 things would cure Covid: vodka, tractors and….saunas!
Have a very good and enjoyable weekend!
Discussion and Analysis by Humphrey Percy, Chairman and Founder
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British pound Sterling finds itself in the limelight and trading at its recent highs as somewhat improbably a couple of bolder market commentators have suggested the UK will benefit as a result of the disaffection with the USA and the USD at present. Those commentators have obviously not been following the commentary about UK Chancellor […]
UK Employment Real life consequences of policies that fulfil Chancellor Reeves’ agenda: this time we will not dwell on the plainly evident politics of envy stuff about targeting the higher earners, stuffing the non-doms, and even deciding to double tax those wishing to pay for private education or invest in property through second homes. This […]