CNBC International
'Quiet quitting' was happening in China before the rest of the world caught on
- Title
- 'Quiet quitting' was happening in China before the rest of the world caught on
- Runtime
- 9:16
- Date posted
- 4 years ago
- Description
- You may have heard about "quiet quitting" this summer. The term, which means doing what's required at work and no more, went viral on the TikTok app after a New York software engineer posted a video on the trend.
Yet the rejection of hustle culture started in China long before it was popularized in the West.
"I talk with my friends, and they often use that term like 'tang ping,' I really want to lie down and I don't want to do my job and don't want to achieve something," said Dian Gu, who works as a content specialist for an internet company in China.
Since 2021, the internet in China has been awash with the phrases tang ping, which means "lying flat" in Mandarin, and more recently bai lan, which means "let it rot." This has coincided with many young people in China becoming increasingly frustrated with both their personal and professional lives.
Unlike most countries, China has continued to pursue a zero-Covid strategy, which require...
- Title
- How cities are defending themselves against climate change
- Runtime
- 9:49
- Date posted
- 4 years ago
- Description
- Some of the most extreme weather events on record took place in 2022, as climate change-induced wildfires and droughts ravaged parts of Europe, the U.S. and Africa, even as Asia battled disastrous floods and monsoon rains.
Experts say this is just the beginning.
“What we calculated and what we knew as, say, one-in-10-year events is now becoming one-in-five-years,” Ana Mijic, professor at Imperial College London, told CNBC.
The world’s cities are at the forefront of those shifts.
Cities play an outsized role in climate change, consuming around 75% of the world’s energy and producing more than 70% of greenhouse gas emissions.
But could they also be part of the solution, being small and nimble enough to avoid the bureaucracy of national politics?
Watch the video above to find out how cities are responding to — and reducing — the rising risks of climate change.
#CNBC #ClimateChange #Infra...
- Title
- Could the Middle East run out of water? How one country gets around the problem
- Runtime
- 9:53
- Date posted
- 4 years ago
- Description
- The Middle East and North Africa are rich in oil and gas, but it's witnessing a shrinking supply of one of earth's most critical resources: water.
Twelve of the 17 most water-stressed countries in the world are in the region, according to 2019 findings from the World Resources Institute. Scientists fear shortages will get worse as the climate warms and rainfall becomes less frequent. That could lead to food shortages, mass migration and conflict.
"We are in a sustainability crisis, a climate crisis," Dr. David Hannah, a professor of hydrology at the University of Birmingham, told CNBC. The Middle East "has very limited conventional water resources, and some of the groundwater resources are saline," meaning they're often unusable or need to be desalinated using expensive, energy-intensive technology.
So how can the Middle East make better use of the limited water it has? CNBC zoomed in on the UAE, which produces the most desalinated water in ...
- Title
- 70 governments in 77 years: Why Italy changes governments so often
- Runtime
- 6:49
- Date posted
- 4 years ago
- Description
- In July 2022, Mario Draghi resigned as Italy’s prime minister, following a snub from his coalition partners in a vote of confidence. His departure threw the country into political turmoil, and a snap general election was scheduled for this month.
Italy’s next government will mark the country’s 70th since the end of World War II, an average of one new government every thirteen months. This is far more frequent than the five-year election cycles the country is supposed to have.
The European nation’s political instability comes down to a few factors, but at the heart of it is Italy’s unique, hybrid political system.
“The system is important for representing different ideologies, different preferences, different geographical areas. Italy is a very diverse country,” said Andrea Ruggeri, an expert on Italian politics and international relations at the University of Oxford.
“However, democracy also needs policy and efficient ...
- Title
- BRICS: How an acronym from Goldman Sachs morphed into a strategic economic bloc
- Runtime
- 13:34
- Date posted
- 4 years ago
- Description
- BRICS — meaning Brazil, Russia, India, China and South Africa — is widely regarded as the pillar of emerging economies. And other countries want in.
The BRICS economic bloc is made up of five of the world’s biggest emerging economies: Brazil, Russia, India, China and South Africa.
The acronym started as “BRIC” in 2001, when Goldman Sach’s then-chief economist Jim O’Neill predicted that the economic weight of Brazil, Russia, India and China could eclipse the world’s biggest economies in the next decade.
A decade passed, and that didn’t happen. But leaders of BRIC nations did hold their first official summit in Russia in 2010, with South Africa joining the group a year later. Since then, they have met regularly to discuss cooperation on global issues.
One of the group’s major achievements was the establishment of the New Development Bank, set up in 2015 by the BRICS countries to support infrastructure and development...
- Title
- What is DeFi, and could it upend finance as we know it?
- Runtime
- 9:25
- Date posted
- 4 years ago
- Description
- The crypto industry wants to upend the giants of finance. And they have a word for their revolution: "DeFi."
After a litany of crises and scandals in traditional finance, legions of computer programmers decided to throw their hat into the ring, creating new infrastructure that took banks and other institutions out of the equation. Anyone with a computer and an internet connection could launch their own software for things like lending, trading or insurance.
But that lower barrier to entry opened the space to bad actors who wanted to swindle people out of their money. The industry’s rapid pace of development also led to bugs and programming gaffes, making it an easy target for cyber-savvy criminals. In 2021, more than $12 billion was lost to thieves and scammers exploiting DeFi protocols.
Now, after a plunge in crypto prices, and the demise of multibillion-dollar projects like Terra, regulators and law enforcement are paying more attention, zeroi...
- Title
- Can a huge, former World Expo site be turned into a city?
- Runtime
- 7:30
- Date posted
- 4 years ago
- Description
- Expo City Dubai, former site of international exhibition Expo 2020 Dubai, faced significant problems during the pandemic, not least a 12-month delay to its opening. Now, a new challenge awaits — to turn a 1,000-acre site into a functioning city.
Construction costs for the event were estimated at about $7 billion by EY in 2019.
“The investment really wasn’t for the event. The investment was for building the city,” said Nadia Verjee, chief of staff for Expo 2020 Dubai.
The planners of Expo City Dubai — formerly known as “District 2020′ — are hoping that modern technology and a focus on sustainability will be attractions.
Tim Van Vrijaldenhoven is an expert in urban planning. He has worked on large-scale infrastructure and transportation projects, such as the construction of the Abu Dhabi airport in the mid-2000s.
“It’s a huge challenge. Because if we look at the history of the World Expo, they tend to be...
- Title
- Why beer is getting so expensive
- Runtime
- 9:15
- Date posted
- 4 years ago
- Description
- Beer is the most popular alcoholic beverage in the world, a standing that has been boosted by the drink’s relative affordability compared to cocktails or wine at a bar. Yet everyone from multinational brewers to small craft beer companies to pub chains has been warning about the beverage’s inevitable price increase.
#CNBC #Beer #Inflation
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- Title
- The UAE moved its weekend. Here’s what happened next
- Runtime
- 6:44
- Date posted
- 4 years ago
- Description
- The United Arab Emirates shifted its working week at the start of 2022 to better align with the rest of the world. The government’s aim was to improve work-life balance for citizens and cement Dubai’s position as the business hub of the Middle East. But do its residents think the change has worked?
#CNBC #Dubai #MiddleEast #worklifebalance
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- Title
- How one powerful family derailed Sri Lanka’s economy
- Runtime
- 15:29
- Date posted
- 4 years ago
- Description
- In July 2022, Sri Lankan citizens stormed and occupied the republic’s presidential palace after months of demonstrations. The protesters had one main demand: for the country’s then-president Gotabaya Rajapaksa to resign.
The protests came off the back of a crippling economic crisis, the worst the country had seen since it claimed independence in 1948. As a result, the country’s population struggled to get their hands on essential goods like fuel, food and medicine.
While some factors were out of the government’s control, political and economic analysts told CNBC that ultimately, some of the major policy missteps put in place by the Rajapaksa political dynasty caused Sri Lanka’s economic demise.
So, what do we know about the Rajapaksa family, and what were the policy decisions that led to Sri Lanka’s financial mess? Watch the video above for the explainer.
#CNBC #SriLanka #Rajapaksa
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- Title
- Dubai wants to become a global tech hub. Is crypto the answer?
- Runtime
- 12:40
- Date posted
- 4 years ago
- Description
- Dubai was one of the first cities to emerge from the pandemic, reopening to tourism by the middle of 2021. The emirate now has set its sights on becoming a global tech hub by attracting entrepreneurs, investors and even crypto influencers to the city. But will its bet on cryptocurrency catapult it to success or leave it in the dust?
#CNBC #Dubai #Technology #Crypto
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- Title
- Zepto: Two 19-year-olds dropped out of Stanford to build India’s next tech unicorn
- Runtime
- 9:28
- Date posted
- 4 years ago
- Description
- Aadit Palicha and Kaivalya Vohra are the founders of Zepto, a start-up from India that promises to deliver groceries in less than 10 minutes. The firm is just one of many businesses to join the wave of what’s known as “quick” or “instant” commerce.
The childhood friends founded the business in July 2021 — right in the middle of the Covid-19 pandemic. Operations started two months later.
Zepto says it’s now adding 100,000 new users daily.
Watch the video to find out how these teenage Stanford dropouts built a $900 million start-up.
STORY: https://cnb.cx/3PWuGjE
#CNBC #StartUp #Entrepreneurs
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- Title
- How Ireland landed in the center of Russia’s $10 billion plane heist
- Runtime
- 7:50
- Date posted
- 4 years ago
- Description
- Following the invasion of Ukraine, the European Union placed sanctions on Russia that included the aviation sector. It triggered a global scramble by overseas plane lessors to recover $10 billion worth of aircraft stuck in the country.
#CNBC #Aviation #Ireland #Russia
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- Title
- Could Russia’s war on Ukraine escalate into a global cyberwar?
- Runtime
- 9:16
- Date posted
- 4 years ago
- Description
- When Russia began amassing troops on Ukraine’s border in late 2021, many security experts predicted a similar build-up of Russian hackers along the ideological boundaries of cyberspace, ready to match any physical strike with an equally damaging virtual attack.
Months into Moscow’s brutal military invasion, a cyberwar of similar consequence has yet to materialize. But the threats of cyberwar have not gone away.
As the world becomes increasingly reliant on technology across all walks of life, the potential for cyberwarfare to wreak havoc on society remains — whether in this conflict or the next.
So, what exactly could a cyberwar entail and how prepared are we? Watch the video above to find out.
#CNBC #Cyber #Tech
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- Title
- Why food is getting more expensive for everyone
- Runtime
- 5:59
- Date posted
- 4 years ago
- Description
- Food prices are on the rise worldwide, including essential staples like bread, milk and eggs.
The United Nations’ Food Price Index tracks the monthly change in the price of a basket of food items. The five commodities making up this basket are cereals, vegetable oils, sugar, meats and dairy products.
In March 2022, the index recorded the highest price levels in its three-decade history. It has since come off that high slightly, but it is still well above levels seen in previous years.
Watch the video to find out what is behind the price increase. https://cnb.cx/3NToCX7
#CNBC #Food #Inflation #Economy
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- Title
- The Quad is going beyond military exercises — and China is watching
- Runtime
- 13:45
- Date posted
- 4 years ago
- Description
- The Quad, or the Quadrilateral Security Dialogue, comprises four big, democratic economies: the United States, Japan, India and Australia.
Over the years, the Quad has been incorrectly called an “Asian NATO,” especially when it comes to security concerns around another big power in the region — China.
The Quad countries have cooperated in areas ranging from health and infrastructure development to military exercises —most notably the Exercise Malabar naval war games, which have developed into a permanent feature of the Quad.
“Because it has no specific mandate, they can make economic or even global warming issues part of the mandate of the Quad,” said Ted Kemp, CNBC International digital managing editor, and author of a game-theory driven project on the future of the Quad.
That includes being an effective counterbalance to China’s dominance in the Indo-Pacific region.
“What the Quad countries individ...
- Title
- What are stablecoins, and how do they work?
- Runtime
- 8:19
- Date posted
- 4 years ago
- Description
- Stablecoins are supposed to be everything tokens like bitcoin and ether aren’t.
Whereas bitcoin’s price fluctuates sharply, stablecoins are designed to be worth the same as something else — usually the U.S. dollar. Many stablecoins are also issued directly by companies, whereas bitcoin operates independently of any central authority.
Recent events have shown that not all stablecoins are as stable as they’re made out to be. TerraUSD, a so-called “algorithmic” stablecoin, fell below its peg dramatically, eventually crashing to a fraction of a cent and bringing an associated coin down with it.
The debacle has led to fresh scrutiny from regulators, who are worried stablecoins will one day get so big they could cause damage to the larger economy if they fail.
Tether, the world’s largest stablecoin, is a $70 billion juggernaut in the crypto world. But the company, which claims each of its tokens can be redeemed for exactly one...
- Title
- Mighty Jaxx: How this 32-year-old built a $200 million toy empire
- Runtime
- 9:11
- Date posted
- 4 years ago
- Description
- Jackson Aw is the founder of Mighty Jaxx, a designer toy company that has partnered with some of the biggest visual artists and global brands worldwide, producing collectibles that reflect pop culture and trendy designs.
To date, Mighty Jaxx has raised around $40 million, valuing the company at over $200 million.
Its investors include Chinese conglomerate Tencent, KB investment, which is owned by one of South Korea's largest banks, and Tokopedia investor East Ventures.
Watch the video to find out this Singapore entrepreneur propelled his $20,000-dollar start-up to a multimillion-dollar international toy empire.
#CNBC #Startup #Entrepreneur
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- Title
- How these companies cracked the four-day work week
- Runtime
- 8:25
- Date posted
- 4 years ago
- Description
- A growing number of businesses are embracing the four-day work week — an idea that was considered radical just a few years ago.
The Covid-19 pandemic appears to have sped up the adoption of a shorter working week, with workers increasingly demanding better work-life balance.
So, what can we learn from the companies and workers that have taken the plunge?
Watch the video above to learn how three companies have adopted the four-day work week and what it means for their employees.
#CNBC #Work #Productivity
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- Title
- People have talked about 'flying cars' for decades. Now they may actually happen
- Runtime
- 4:19
- Date posted
- 4 years ago
- Description
- German company Lilium produces flying electric passenger drones. CNBC looks at the company’s testing site in Spain and whether so-called electric vertical takeoff and landing aircraft (eVTOL) — popularly dubbed flying cars can take off.
#CNBC #Drones #EVs
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- Title
- Why Sweden and Finland are joining NATO - and what's next
- Runtime
- 6:20
- Date posted
- 4 years ago
- Description
- Russia’s invasion of Ukraine has provoked a major shift in the way Europe sees its security and defense.
Sweden and Finland — two Nordic nations that have spent decades avoiding any military alliance — have decided they are no longer safe on their own. They’ve requested to join NATO.
But how does a country join NATO, and what do changes in Europe mean for the world?
Watch the video above to find out why Finland and Sweden want to join the alliance now, more than 70 years after NATO was founded.
#NATO #Sweden #Finland #CNBC
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- Title
- What is Web3, and is it the future of the internet?
- Runtime
- 9:10
- Date posted
- 4 years ago
- Description
- Some crypto enthusiasts want a new kind of internet that yanks power away from Big Tech and hands it to people. Can they succeed?
--
Remember AOL chatrooms and downloading songs through Napster? The internet has come a long way.
Today, it’s dominated by Meta, Google and a handful of other tech giants whose services have made it easier for billions of people to communicate and share content online.
But at what cost? “If something is free, you are the product,” so the saying goes — the only reason platforms like Facebook and YouTube can offer their services for free is because they use our personal data to target us with ads.
“Right now, you have big organizations who are controlling your data and providing you services that use your data,” says Bertrand Perez, chief operating officer of the Web3 Foundation.
Web3 is a hypothetical, future version of the net based on blockchain technology. Crypto enthusiasts say t...
- Title
- Why China's Shein is beating ASOS, H&M and Zara at fast fashion
- Runtime
- 9:54
- Date posted
- 4 years ago
- Description
- Chinese e-commerce company Shein took the top spot as the most downloaded app in the United States in May, according to a report from intelligence firm Marketplace Pulse. The fashion giant outperformed TikTok and Instagram on the Apple App store and was far ahead of Amazon.
Since 2015, Shein has become a leader in its industry, initiating a new era of fashion experts call “real-time retail.”
“What Shein has done is, it has established a new norm, which is real time,” Allison Malmsten of Daxue Consulting told CNBC in an interview.
“It is very fast, and the products are updated much more frequently and at a higher volume than any other fast fashion brand.”
But its name has also been marred by trademark infringement allegations and questions about the sustainability of its manufacturing process — controversies some experts say could threaten the startup’s investment prospects.
“If it wants to IPO an...
- Title
- Davos: How an elite meeting in the mountains became so divisive
- Runtime
- 9:48
- Date posted
- 4 years ago
- Description
- The last time the globe’s most powerful people gathered in Davos, the world was a dramatically different place. Covid was a distant worry and the world’s 10 richest people had $400 billion less to their name. Now, with inequality on the rise and anti-establishment sentiment growing, what does this mean for the World Economic Forum’s exclusive meeting as it makes its big comeback?
#CNBC #Davos #WEF #WEF22
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- Title
- How Russia's war exposed the dark side of luxury London
- Runtime
- 9:56
- Date posted
- 4 years ago
- Description
- Following Russia's invasion of Ukraine, and resultant sanctions on President Putin's oligarch elite, a spotlight has been firmly cast on the British capital and its complicity as a store for dirty money. Now, the British government is seeking to salvage its reputation with a clampdown on corruption. But will it be successful? And just how will London fare without its fix of forbidden finance?
#CNBC #Russia #London #Ukraine
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- Title
- What do higher interest rates mean for you?
- Runtime
- 9:11
- Date posted
- 4 years ago
- Description
- An entire generation of people is experiencing higher interest rates for the first time in their adult lives.
Interest rates have been at historic lows since the global financial crisis in 2008 — but they’re beginning to creep up.
As the pandemic devastated markets and slowed economic growth, many central banks made aggressive interest rate cuts. That lowered the cost of taking loans, which in turn spurred consumer spending and encouraged big credit purchases.
But now, with demand recovering and supply chains affected by the pandemic and the Ukraine war, inflation has gone up.
“There is no other way to end this inflation, given the supply chain disruption in the background, besides demand destruction,” Lee Boon Keng, director of the Centre for Applied Financial Education at Singapore’s Nanyang Technological University, told CNBC in an interview.
“And demand destruction can only be achieved by very, very tight ...
- Title
- Could crypto clean up its dirty image?
- Runtime
- 8:09
- Date posted
- 4 years ago
- Description
- It used to be possible to mine cryptocurrency with a decent laptop. Today, it’s a job done by huge operations running power-intensive machines round the clock.
Bitcoin, the world’s biggest digital currency, now consumes as much energy as entire countries. Governments around the world are growing concerned by this. Some countries, such as China, have even banned crypto mining outright.
Some companies in the crypto sector are taking the criticism on board. Canadian crypto miner Hive, for example, relies on a local hydropower plant for an ethereum mining facility located in Boden, a small military town in Sweden.
Watch our video to learn about how the crypto industry is trying to improve its environmental credentials.
#CNBC #Crypto #Bitcoin
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- Title
- What is the metaverse?
- Runtime
- 6:29
- Date posted
- 4 years ago
- Description
- Tech companies like Meta are investing billions of dollars into the so-called metaverse.
It can loosely be defined as a virtual world where people live, work and play. While there are some early versions of the metaverse out there, it doesn’t really exist yet.
Many of those early versions were touted by the tech giants at this year’s Mobile World Congress event in Barcelona.
But there’s a long way to go and questions are already being asked about whether the metaverse will end up being a utopia or a dystopia.
#CNBC #Metaverse #VirtualReality #MWC2022
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- Title
- Why China isn't backing down on its zero-Covid strategy
- Runtime
- 9:58
- Date posted
- 4 years ago
- Description
- Thanks to its zero tolerance for Covid-19 cases, China was the only major economy to grow in 2020.
While the rest of the world battled wave after wave of coronavirus, China's sealed borders, rigorous testing and strict quarantine policies let life for most people proceed as usual. China's approach became a source of national pride.
"The success of the strategy has sustained a very low level of infection in comparison to the failure of the liberal democracies, including the United States," said Yanzhong Huang of the Council on Foreign Relations.
Now, a major outbreak in China's most populous city, Shanghai, has threatened to change all that, with signs that public discontent is growing. While official figures show that deaths have been very low in Shanghai, there is reason to distrust the official figures, and it underscores the seriousness of the situation, Gabriel Wildau of Teneo told CNBC.
So, how long can China maintain its strict ...
- Title
- Why it's so hard to buy a home in London
- Runtime
- 9:56
- Date posted
- 4 years ago
- Description
- The number of 20- to 34-year-olds living with their parents in the United Kingdom has risen by 49% since the turn of the century, data from the country’s Office of National Statistics shows.
Rising house prices, high rents and low salaries are to blame, according to Michael Edwards, a University College London lecturer and expert on the relationship between property markets and planning.
He said those factors prevent young people from getting on the London property ladder.
“The housing system in London is pretty disastrous,” Edwards told CNBC. “For at least half the population, they are paying through the nose, very high prices for rent, or to save up to get enough deposit together to get a mortgage to buy.”
So why are London houses so expensive? Watch our video to learn more.
#CNBC #London #FirstTimeBuyer #Housing #LondonHousing
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CNBC Inte...
- Title
- What is SWIFT? How Russian banks got cut out of the financial system
- Runtime
- 9:51
- Date posted
- 4 years ago
- Description
- Several Russian banks were banned from the SWIFT financial-messaging system following Russia's full-scale invasion of Ukraine. So, what does it mean to lose access to this important part of the international economy, and are there any viable alternatives?
-
Effective communication systems are the backbone of how the world stays connected, from mobile phones, email networks, to banks.
What do banks use to communicate?
SWIFT – or the Society for Worldwide International Financial Telecommunications – is a system that banks use to securely send messages to each other. It is one of the key pillars of the financial world, connecting more than 11,000 member banks in some 200 countries and territories globally. Trillions of dollars'-worth of currency are sent across borders every single day – and it's largely thanks to the messages sent by SWIFT.
How does SWIFT work?
If you wish to transfer $1,000 from your bank in Singa...
- Title
- How NATO is defending Eastern Europe
- Runtime
- 7:19
- Date posted
- 4 years ago
- Description
- After years of defense cuts following the end of the Cold War, the North Atlantic Treaty Organization (NATO) changed tack after Russia's annexation of Crimea in 2014.
Defense spending increased, and the alliance boosted its presence in Eastern Europe in 2017.
As Russia ringed Ukraine with forces in February, NATO responded by sending even more troops and equipment to the region.
Russia's President Vladimir Putin has complained about NATO's expansion, claiming it's a major reason decided to invade Ukraine.
Watch the video above to find out what NATO is doing to counter Russia.
#CNBC #NATO #Ukraine
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- Title
- The ‘Great Resignation’ has gone global – and it’s shaking up the labor market for good
- Runtime
- 7:34
- Date posted
- 4 years ago
- Description
- Millions of workers worldwide have quit their jobs without something else lined up. So, what is the Big Quit, and how will it change our workforce?
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Chloe Loh, like many other workers across the world, epitomizes the “Great Resignation.”
“I left my job in December,” Loh told CNBC. “I was looking for a role that offered more growth. I didn’t see that in the role I was in, so I thought I would go look for that elsewhere.”
The term Great Resignation was coined in the United States, describing the tens of millions of Americans who changed jobs or quit working for good during the pandemic.
According to the Organization for Economic Cooperation and Development (OECD) data, other developed economies are experiencing similar trends.
There are about 20 million fewer jobs across the OECD’s 38 member countries than before the pandemic, while 14 million of these countries’ unemployed are not l...
- Title
- The rise (and fall?) of the Covid testing industry
- Runtime
- 10:00
- Date posted
- 4 years ago
- Description
- The multi-billion dollar Covid-19 testing industry emerged practically overnight to meet sudden demand for coronavirus tests. But with Covid-19 testing requirements now easing, what does its future look like?
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The Covid-19 testing industry sprung up almost overnight.
There was an overwhelming demand for tests around the world, and entrepreneurs reacted quickly – pouring money into hiring staff, securing supplies and building laboratories. Together with more established players, testing capacity ballooned and a brand-new industry was born.
Qured is one of those newcomers. It was launched in 2017 as a doctor-on-demand service, but in 2020, the company spotted an opportunity it couldn't ignore.
"It was really demand from our patients, which drove our pivot towards Covid testing," said Alex Templeton, CEO and co-founder of Qured.
Initially, Qured focused on helping businesses bring their staff back to ...
- Title
- How Ukraine brought the European Union together
- Runtime
- 7:00
- Date posted
- 4 years ago
- Description
- The European Union is often criticized for being slow, bureaucratic and lacking in consensus. However, Russia's invasion of Ukraine has created a watershed moment for the 27-member bloc.
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Russia's invasion of Ukraine has created a watershed moment for the European Union.
The 27-member bloc is often criticized for being slow, bureaucratic and lacking in consensus.
But the EU has come together to impose the toughest sanctions ever on Russia - in record time - and to reverse or modify some of its previously entrenched thinking.
Among those modifications: financing the purchase and delivery of weapons to countries like Ukraine that find themselves in conflict.
Watch the video above to find out how the Ukraine invasion has brought the bloc together.
#CNBC #Ukraine #EU
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- Title
- What is ethereum, and how does it work?
- Runtime
- 11:38
- Date posted
- 4 years ago
- Description
- Ethereum is the world's second-biggest cryptocurrency, and it's giving bitcoin a run for its money.
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Ethereum once was seen as bitcoin's little brother. Now, things have changed.
The ethereum cryptocurrency, known as ether, has claimed a sizable share of the crypto market. And its underlying blockchain platform is powering innovations in the space, from decentralized finance to non-fungible tokens.
But technical issues with the ethereum network are proving costly, with users being forced to pay high "gas fees" to make transactions. And a flood of new tokens known as "ethereum killers" are hot on its tail.
That could be about to change as ethereum moves over to a new standard which proponents say will make it run more efficiently.
#CNBC #Ethereum #Crypto
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- Title
- Are we ready for a future filled with electric vehicles? We put Singapore to the test
- Runtime
- 17:12
- Date posted
- 4 years ago
- Description
- How well does densely populated Singapore's infrastructure hold up for electric vehicle drivers? CNBC's Nessa Anwar decided to find out.
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Not all charging points are created equal.
That was one of the lessons CNBC learned while driving electric vehicles in densely populated Singapore, in a bid to test out how well the city's electric infrastructure holds up.
The country currently has 2,000 charging points across the island. Within the next decade, Singapore aims to have 60,000 EV charging points across the island, of which 40,000 are to be in public car parks and the remainder in private premises.
There are currently about 1.4 million public and private parking lots in the city-state, spread over 12,000 car parks. Building the wider EV infrastructure in such a densely packed place has its challenges.
Singapore aims for all vehicles to make the switch to clean energy by 2040, but there are more than 950,...
- Title
- The threat to nuclear security no one is talking about
- Runtime
- 12:45
- Date posted
- 4 years ago
- Description
- The United Kingdom's nuclear infrastructure is at risk of flooding due to rising sea levels and storm surges, according to the Nuclear Consulting Group. If true, it would make flooding the biggest threat to the U.K.'s national security.
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The United Kingdom's nuclear military bases are being threatened by climate change, according to a recent report from the Nuclear Consulting Group.
Paul Dorfman, the report's author, said that the U.K.'s coastal nuclear infrastructure is vulnerable to flooding, due to rising sea levels and more frequent and severe storms.
"All of the models or predictions, all of the analysis, all of the data has really begun to run hot," Dorfman told CNBC. "It's good that people are taking notice, but it's bad that this new data is showing us that we really do need to get our act together."
The report also found that coastal flooding frequency is estimated to increase by between 10 and more than 100 in ...
- Title
- The multibillion industry hoping to fix the world's housing crisis
- Runtime
- 9:30
- Date posted
- 4 years ago
- Description
- With a housing supply shortage plaguing most of the world's urban centers, could factory-built houses be the answer?
The $105 billion modular home industry thinks so, touting eco-friendly houses that can go from production line to plot in just a few weeks.
"We can build 27 Top Hat homes for every one brick-and-mortar traditionally built house,′ said Jordan Rosenhaus, CEO of modular housing company, TopHat.
"Over the next week, we'll finish approximately 10 houses," he added. "That's just our production program for now. That can ramp up."
The U.K.-based firm, which secured £75 million ($95 million) in funding from Goldman Sachs in 2019, has been working to make factory-built houses mainstream.
However, modular homes have some perception issues to overcome first.
Watch the video above to get an inside look at the industry hoping to revolutionize the construction sector.
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Subscri...
- Title
- What is bitcoin, and why does its price fluctuate so much?
- Runtime
- 12:51
- Date posted
- 4 years ago
- Description
- Bitcoin surged to new heights in 2021 as companies like Tesla and Mastercard warmed to crypto. But with regulators circling, the currents ahead are likely choppy.
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Bitcoin is the talk of the financial world. Bitcoin surged to new heights in 2021 as companies like Tesla and Mastercard warmed to crypto.
Bitcoin has matured from a virtual currency used by criminals to an asset that's been embraced by Wall Street firms. Many investors now liken the cryptocurrency to gold, believing it provides a store of value akin to the precious metal.
But as regulators start taking a closer look at crypto and volatility plagues the market, whether bitcoin can continue its stellar run looks increasingly uncertain.
So, what's next for bitcoin? Watch the video above to learn what the future holds in store for the No. 1 crypto.
#CNBC #Bitcoin #Crypto
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CNBC Inte...
- Title
- How the home of Aberdeen Angus is hoping to solve meat's big emissions problem
- Runtime
- 10:27
- Date posted
- 4 years ago
- Description
- The Scottish meat industry is worth more than $1.7 billion. But with global beef and veal consumption trending downward and a climate change emergency to contend with, can the home of Aberdeen Angus diversify in time?
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Scotland is a country famous for its history, beautiful landscape, golf, whisky - and of course, its food.
Among the nation's culinary delights, its beef has global recognition. Scottish cattle breeds are famous and have been adopted and bred all around the world. They've inspired restaurant chains from London to California.
Unfortunately for the Scottish meat industry, global beef and veal consumption is trending downward, even as demand for meat grows in developing economies.
A likely contributing factor is how terrible it is for the planet. In fact, when it comes to food, beef is one of the biggest offenders.
Could carbon-intensive Aberdeen Angus one day be off the menu, and if so, what...
- Title
- Why Brazil's business elite soured on former president Bolsonaro
- Runtime
- 15:39
- Date posted
- 4 years ago
- Description
- This video was originally published on Jan 20, 2022.
The pro-market stance of Brazil’s former president, Jair Bolsonaro, helped him win the support of the country's business elite - and eventually the presidency in 2018. So why do some experts say his policies have held back the country's economic potential?
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At the turn of the century, Brazil was touted for its huge economic potential.
The South American country was named alongside Russia, India and China as the emerging markets with the ability to eclipse the world's biggest economies.
"But then from 2011 to 2014, you had a slowdown in the Brazilian economy. This was due both to changes in the external sector, but also what I consider some mistakes in the economic policy framework," said Laura Carvalho, a Brazilian economist and best-selling author.
The deep economic recession that followed, coupled with political turmoil, fueled the rise of an unlike...
- Title
- Why retail investing has taken off in the U.S. - but not Europe
- Runtime
- 8:25
- Date posted
- 4 years ago
- Description
- European retail investor participation has always been low relative to other advanced economies. Could that change?
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European retail investor participation has always been low relative to other advanced economies. The recent boom in American trading activity on platforms like Robinhood has made this discrepancy even more visible.
While Europe has seen retail investor participation double since 2020, Vanda Research found retail activity still makes up only 5-7 percent of total trading volume in Europe, compared to more than 25 percent in the U.S. and more than 60 percent in China.
Despite that, there is a slew of start-ups in Europe trying to take advantage of growing interest, including Revolut, Trading 212, Freetrade and Trade Republic.
Watch the video above to learn why retail investing has lagged in Europe, and whether a large pension gap, low interest rates and a raft of new online brokerages hitting the market cou...
- Title
- What you should know before investing in crypto
- Runtime
- 8:11
- Date posted
- 5 years ago
- Description
- The crypto ecosystem has expanded significantly in recent years. While institutions such as the IMF are starting to embrace its innovation, they are also calling for investors to exercise caution. So, what is preventing the widespread adoption of cryptocurrencies?
#CNBC
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- Title
- Why a coup in Guinea was felt around the world
- Runtime
- 9:45
- Date posted
- 5 years ago
- Description
- A coup in mineral-rich Guinea has rattled markets and disrupted mining operations beyond West Africa. The coastal country boasts some of the world's largest reserves of many minerals, including bauxite and iron ore. The military's overthrow of Guinea's long-serving president, Alpha Conde, has added further pressure to already strained supply chains.
#CNBC
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- Title
- Crown Digital: He quit finance to create a multimillion-dollar coffee robot
- Runtime
- 6:37
- Date posted
- 5 years ago
- Description
- Coffee lovers in Singapore and Japan can now get their daily fix from robotic barista Ella as it rolls out in train stations across the two countries. CNBC Make It's Karen Gilchrist spoke to creator Keith Tan about how his internet of things start-up, Crown Digital, plans to transform the food and beverage industry.
Contents:
00:00 - Intro
00:29 - Meet the creator
00:46 - Meet Ella
01:43 - How the robot works
03:21 - Rise of the robotics market
05:50 - Future of robotics
#CNBC #CNBCInternational
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- Title
- Did Tokyo's Olympic bubble work?
- Runtime
- 13:31
- Date posted
- 5 years ago
- Description
- Staging the Tokyo Olympic Games in the midst of a pandemic was a formidable task. So how did its organizers pull it off, and what is the Games' legacy now that Tokyo's Olympic flame has gone out?
#CNBC #Tokyo2020 #Olympics
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- Title
- The rich are getting richer - and they're fueling a private jet boom
- Runtime
- 7:44
- Date posted
- 5 years ago
- Description
- Private jet demand is booming, and aircraft manufacturers can't keep pace. Even used jets are disappearing from the market.
There's been a wealth boom, especially among the already-rich, as more companies go public and the stock market hits record highs. Analysts say many newly listed companies are buying their first company jets.
In the United States, business jet take-offs and landings are up 40% year-over-year. They're at their highest point since before the 2008 financial crisis, partly driven by the pandemic as big companies expanded private jet privileges for their top executives.
But the market is attracting individuals too, whether they're executives, start-up founders or lucky crypto investors with their first hundred million looking for a new toy with a high price tag.
"Demand in this industry has been really off the scale. I've been in the industry for 23 years, and I've never seen anything like it," Ian Moore, chief co...
- Title
- Personio: He built one of Europe's most valuable start-ups in his 20s
- Runtime
- 6:05
- Date posted
- 5 years ago
- Description
- HR software start-up Personio is worth more than $6.3 billion, which is quite a feat for company that was only founded in 2015. CEO Hanno Renner talked to CNBC about his journey, from building Personio's first software product with his three co-founders as college students in Munich, Germany, to heading up a multi-billion dollar business with offices in five countries. Renner also discussed what lessons he was able to take from working part-time as a yacht skipper, while he was college student, into his current role as a CEO.
#CNBC #MakeIt #HR
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- Title
- COP26 had big ambitions - here's why it fell short
- Runtime
- 9:42
- Date posted
- 5 years ago
- Description
- COP26 was billed as the last best chance to save the planet. So what happened inside the conference centre and will it really solve our climate emergency? CNBC's Tom Chitty explains.
#CNBC
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