Right now, Russia is working on ways to gain an advantage against the combined might of Western powers. One of its key strengths is underwater surveillance and sabotage, the work of a secretive deep sea unit known by the acronym GooGi. It's been around since the Cold War.Declassified CIA files show that US intelligence was tracking its home base as early as 1964. GooGi is capable of launching tiny submersibles from submarines and has surveillance ships. It's also intensely secretive.So too are the NATO oper ...

There's a good chance you haven't heard of First Brands Group. It's a fast growing US maker of spark plugs, windscreen wipers, and the other sorts of little pieces that go into cars. It's not a publicly listed company.In fact, its owner, a man called Patrick James, is so publicity shy, you'll struggle to even find a photo of him online. And First Brands has always stuck to the more private loan market to borrow money. But it's that debt that is now rattling some of the biggest names on Wall Street.It's also ...

Market Trends & Challenges - Entry-level job openings for graduates are at an all-time low, with job listings plummeting in both the US and UK [3] - Job vacancies for new graduates have dropped approximately 33% in the past year [5] - Graduate unemployment levels are above the overall unemployment rate for the first time on record [3] - Economic uncertainty is causing companies to pause graduate intake, a pause that has lasted for two to two and a half years [8] AI Impact & Future of Work - Companies are waiting to see the impact of AI on entry-level positions, leading to a sharper decline in these roles compared to senior positions [10] - The legal profession is likely to be radically reshaped by AI, particularly in tasks typically done by graduate recruits [13][14] - AI tools are assisting employees in processing documents, improving accuracy, and potentially augmenting job roles [20][23] - There's a need for employees to be flexible and adapt to the changing job landscape due to AI, with some jobs potentially disappearing [27] Talent Pipeline & Training - A two to three year pause in early career hiring could lead to a void of talent in the future [9] - Cutting graduate numbers can be dangerous, impacting the future talent pipeline [15] - There's a need to rethink how to train people, ensuring they still learn even if AI is handling repetitive tasks [18] - The education system needs to equip graduates with the skills and critical thinking needed for future careers [30]

There's a good chance you haven't heard of First Brands Group. It's a fast growing US maker of spark plugs, windscreen wipers, and the other sorts of little pieces that go into cars. It's not a publicly listed company.In fact, its owner, a man called Patrick James, is so publicity shy, you'll struggle to even find a photo of him online. And First Brands has always stuck to the more private loan market to borrow money. But it's that debt that is now rattling some of the biggest names on Wall Street.It's also ...

Donald Trump is helping Argentina's libertarian leader Javier Malay navigate the worst crisis of his presidency. Argentine assets slumped in early September after Malay's party fared much worse than expected at a big local election in Buenosaris province. He then lost a series of congressional spending votes.Fearing that Malay might be losing support for his free market reforms, investors pulled money out of Argentina, causing a run on the peso and forcing the central bank to burn through scarce hard curren ...

What is the difference between risk and uncertainty. Under conditions of risk, we know what might happen and we know roughly how likely each outcome is. Under conditions of uncertainty, we don't know the possible outcomes and we can't assign probabilities to them.It's not exactly ideal. So, are insurers longing for risk. Impactful changes, both large and small, are transforming the way our global systems operate.For example, weight loss drugs. The new market for GLP1 or obesity drugs is forecasted to reach ...

Hong Kong is regaining its global standing after a rough few years. Many people wrote off the city state after political upheaval and strict co measures. But Hong Kong is now ahead of rivals in New York, London and Mumbai in IPOs.And the Hangen Index is one of the best performing indices worldwide. Much of this momentum comes from mainland China and from Chinese companies looking to raise money in the territory to expand abroad. Mainland Chinese investment into Hong Kong hits a record high this year, and Ch ...

Earlier this week, Israel sent troops into Gaza City, an offensive that it has threatened for quite some time in order to take over control of almost the entire enclave. At the same time, in the last 23 months, it has been carrying out a different sort of offensive in the occupied West Bank. Last month, uh my colleagues and I, we traveled around significant parts of the West Bank.First, we went north to the northern West Bank to the city of Janine where there's a refugee camp. In January, the Israeli milita ...

[Music] [Music] Dad, can I have an ice cream. >> No, you cannot. >> Grandpa let me.>> Well, thank goodness I'm the one looking after you. >> Hey, >> Jackie. Jackie, no. no.>> Ivy. It's no worries, Dad. It's not a problem.>> Well, I think the hardcore swearing in front of a six-year-old might be a bit of a problem. >> He would never have snapped like that before. [Music] >> I hope it goes well, >> Dad. [Music] [Music] It's amazing.>> I haven't worked with the writer before. I think that really helped. >> Did ...

So Lee, what are we here to talk about today. Extreme weather is forcing insurers to make big changes to their business model and get more creative. So what impact might that have.Insurers have had to pay out more than hundred billion dollar a year in natural catastrophe losses every year this decade. This year has already seen heavy insured losses with January's wildfires in LA costing the industry 30 to40 billion. LA is just one of many destinations where residents are moving into harm's way.In the US, pe ...