Oliver Berchtold
Co-Founder, YUKKA Lab
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Some Muslims question whether a virtual experience can replace an actual pilgrimage as Saudi Arabia curtails this year’s hajj due to the pandemic
At a time when many will be focussing on their own wellbeing, religion is likely to become a bigger part of the self-prescribed treatment. The connection between physical health (particularly the immune system) and mental health is well-known.
The rise of cryptocurrency signals a fundamental market desire for a different kind of frictionless finance. Instead of trying to fight the crypto-tide, banks should embrace the changing landscape to modernize and be future ready.
The rise of the Middle East as a gateway between the US and China presents an opportunity for Biden to re-engage with Beijing through the neutral soil of Israel and the Gulf states. Biden should not be afraid of celebrating and building on the diplomatic progress achieved under the Trump administration through the end of the GCC rift and the Abraham accords.
A third of Bangladeshis are aged between 10 and 24. This is a generation used to e-commerce with immediate processing and real-time order tracking. They are less likely to be happy with long queues outside polling stations or government offices.
The COVID-19 pandemic isn’t the only crisis causing devastation across America. The substance misuse and mental health epidemics have an annual death toll three times greater than the Vietnam War, and every five minutes, an American dies from a drug overdose. This crisis has only worsened throughout the pandemic.
FinTech companies have created a wide range of consumer-oriented apps and services that enable people to pay digitally, both in person and online. Banking, trading stocks, managing funds, and investing in various and new types of assets has become central to the transformation of financial services from the dated and old to the vibrant and new.
Economies across the globe face a double-headed threat: record levels of unemployment and towering public debt. Over the past two years, many western governments’ response to one has come at the cost of the other; furlough schemes and stimulus cheques have left government balance sheets looking worryingly red.
The Gamestop debacle this week has reminded us of Biden’s most important mission: to fix capitalism, and make it work for Main Street as well as Wall Street. By doing this he can connect with two opposing camps and become a President for all Americans: on one side he has the "social justice" wing of the Democrats, and on the other the Rust Belt Trump supporters.
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