Bloomberg's editorial board thinks that competition, not regulation, should divert financial business from London to Europe. Here are the arguments put forward: Concentrating activities in a single location allows for economies of scale. Europe's diversity of...
We are barely two weeks into Brexit, and the UK fishing industry seems in serious trouble. Let's hope the rest of the UK isn't right behind. Fishermen have overwhelmingly voted to leave, as the Common Fishery Policies gave access to UK waters to European fishing boats...
"It ain't over till it's over", said the baseball legend Yogi Berra. And Brexit is surely not over with this Christmas deal. The 27 European governments have just validated the 11th hour Brexit agreement, and the British Parliament is expected to quickly ratify the...
While economists and journalists pour into the 2,000+ pages of the Brexit treaty and its long-term impact, the financial services are already seen as the big missing part. The UK has one of the largest financial sectors in Europe, representing 2 million jobs, 12% of...
That will not be to everybody's taste... A study from the London School of Economics of 18 OECD countries over the last 50 years confirms that reducing taxes only impacts those directly touched by the tax, and has no benefit to anyone else. Tax cuts increase...
Fridges are the new rocket science... IBM's target of a million-qubit requires the biggest and coolest fridge ever. The article is also a good overview of where quantum computers are, and where they will be. Quantum computers will be exponentially better at some...
Chicken nuggets and fries? To avoid the topic of fishing rights, maybe? This whole story looks more like Waterloo than anything else... Credit to John Crace at The Guardian
Jiuzhang, China's new quantum computer, has leaped forward Google's and IBM's quantum computers. It is also based on a different technology (photons, rather than superconductors), which is probably easier to increase the number of qubits. Although quantum computers...
While the chances of avoiding a hard Brexit are dwindling under our eyes, this British-written article puts the cause of the divorce on the country’s long-seated culture and its establishment - Labour in particular. Credits to Russell Brand and The New York...
No benefit in being alarmist, and there are far too many people talking about COVID than needed. But the markets remain 'truth midwives", and today's market fall is explained by these points: - The resurgence covid resurgence is much larger this Fall than it was in...
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