Colonisation to Corruption | Vihaan Abhinand | TEDxDiscovery College Youth
TEDx Talks· 2025-08-19 15:21
Key Observations on Post-Colonial Development - The report highlights a pattern of corruption in post-colonial countries, linking it to weak institutions established during colonization [2][4] - The analysis contrasts Kenya, a country struggling with poverty and corruption, with Hong Kong, a successful global trade hub, both former British colonies [7] - The study suggests that the type of institutions established by colonial powers significantly impacts a country's post-colonial development [4][10] Factors Influencing Development Outcomes - In Kenya, British colonization focused on exploiting labor and raw resources like farms and plantations [7] - In Hong Kong, the British valued the region for its importance in trade with China, prioritizing its economy [8] - Kenya's colonial institutions were designed for segregation and exploitation, while Hong Kong's, despite similar procedures, provided a foundation for future systems [8] - Colonial rule in Kenya involved violent repression and land seizures, whereas in Hong Kong, colonization was largely bureaucratic [9] Recommendations for Addressing Corruption - The report advocates for building stronger, more transparent institutions as a solution to corruption, rather than relying on charity [9] - It emphasizes the importance of transparency, free press, and education in combating corruption [9] - The analysis suggests channeling aid through non-governmental organizations and investing in long-lasting institutions [10] - The report proposes studying successful post-colonial countries like Hong Kong to identify strategies for reducing corruption [11] Numerical Data and Conversions - The report mentions that one in three people in Kenya (population 50 million) go to bed hungry [1] - It states that $3.75 trillion (3750 billion) in aid has been given, but a third of it is lost due to corruption [2] - The report notes that some politicians have net worths exceeding $100 million (100 million) [1]
Rep. Elise Stefanik repeatedly booed during Plattsburgh event
NBC News· 2025-08-19 15:20
Our congresswoman from New York 21, Elise Stefani. That's what it sounded like outside the government center building in Platsburg Monday where the late Clinton County Clerk John Zerlo was honored for his more than five decades of service to the community. Zerlo's family, local officials, and Congresswoman Elise Stefonic gathered in front of a crowd for a dedication ceremony.But among the spectators, some people opted to protest their congresswoman's appearance. Well, Elise has not shown up in our district ...
William Blair's Jed Dorsheimer: Tesla's robotaxi could eventually pull ahead of competition
CNBC Television· 2025-08-19 15:19
Self-driving vehicles are gaining traction perhaps. A new note from William Blair makes the case that Tesla's robo taxi could eventually pull ahead of the competition. It's got a more luxurious service at half the cost.Joining us now to discuss his note, William Blair analyst Jed Dorshimer. Uh Jed, you you say that you may have experienced a glimpse of the future in referencing your riding in Austin in some robo taxis and that the uh comparisons are immediate and stark. What do you mean.Well, um, by the way ...
Hamas Says It Accepts Cease-fire. What Did They Actually Agree to? | WSJ News
WSJ News· 2025-08-19 15:08
There are two proposals on the table to halt the fighting in Gaza, but so far, Israel and Hamas can’t agree on one. #Israel #Hamas #WSJ ...
LIVE: White House press secretary Karoline Leavitt holds a briefing with reporters — 8/19/2025
CNBC Television· 2025-08-19 15:06
White House press secretary Karoline Leavitt holds a press briefing with reporters on Tuesday. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business new ...
How We Can Harness the Sun: Nuclear Energy and its Future | Sean Chung | TEDxPangyo Youth
TEDx Talks· 2025-08-19 15:05
Ever since when I was young, I loved Superman. And the reason for it is not what you think it is. Because although its agility, his superhuman strength, and his intellect all fascinated me and was incredibly fun to think about, the real reason why I was so captivated and fascinated with Superman was because of where he got his energy from.He didn't get it from a radioactive spider like Spider-Man. He wasn't born as a Norse god like Thor or Loki, but he got it from the yellow sun above us. And that fascinate ...
The Memory Paradox: Why Forgetting Is Essential to Remembering | Lim Lee | TEDxPangyo Youth
TEDx Talks· 2025-08-19 15:04
So, let me start off today with a question. Who here thinks forgetting is a bad thing. Yeah, I see some hands.We've all had that one time when we forgot our partner's wedding anniversary or we forgot our friend's birthday and they scold us for it. One of my favorite examples of a forgettable offense is a story about a mom, my mom, and a bakery she absolutely despised. Uh, the owner apparently was really rude and condescending towards my mom and cuz he had a bad day.So, ever since then, that bakery has been ...
The Hidden Code: Mathematics in Nature | Minjoo Kim | TEDxPangyo Youth
TEDx Talks· 2025-08-19 15:04
Hi everyone. Um, so I'm here to talk about the hidden code of mathematics in nature. So nature is not random.It is remarkably almost impossibly precise. Hi, my name is Mju Kim and today we will talk about mathematics as a hidden script etched into every leaf, every galaxy and every cosmos. Because math, it's not something that we just made up to measure the world. It's something that the world runs on.From the microscopic to the cosmic, mathematics is nature's silent architect. So today we will discover how ...
Central Bank Digital Currencies: A Replacement for Cryptocurrency? | Daniel Park | TEDxPangyo Youth
TEDx Talks· 2025-08-19 15:04
Cryptocurrency Market Overview - Bitcoin reached over $100,000 per coin in late 2024 [7] - A crypto crash in 2022 resulted in $1.8 trillion in losses [8] - $3.8 billion in crypto assets were lost through scams and thefts in 2022 [9] - Conventional cryptocurrencies are decentralized, leading to private markets with little government intervention [11] Central Bank Digital Currencies (CBDCs) - CBDCs are government-backed digital currencies regulated by central banks [11][12] - Over 130 countries, representing 98% of the global economy, are exploring CBDCs [13] - Countries like China, Nigeria, and Jamaica have already launched CBDCs [13] - The United States and European Union are considering joining the CBDC trend [14] Potential Benefits of CBDCs - CBDCs offer increased regulation and oversight compared to regular crypto, reducing scam risks [15] - The United States FBI reports that 71% of all investment scam losses were tied to crypto, with thefts increasing by 53% annually [15] - Jamaica's Basil AML index score decreased after implementing CBDC, indicating reduced financial crime liability [16][17] - CBDCs can promote financial inclusion by reaching the two billion people worldwide without bank accounts [18][20] Potential Risks and Challenges of CBDCs - A 2023 poll indicated that 76% of Americans oppose CBDCs due to lack of trust in the government [22] - Nigeria's CBDC, E Naira, saw only 0.8% of citizens opening a digital wallet, with 98% of those wallets being inactive [23] - Banks might lose 80 cents in deposits for every $1 of CBDC involved [26] - A shift to government-run CBDCs could lead to a 5% drop in industrial lending [27]
Rebecca Patterson: Inflation being higher & stickier changes how the 10Y is reacting to policy
CNBC Television· 2025-08-19 15:01
Housing Market & Interest Rates - Lowering the Fed rate might help consumers buy homes by injecting liquidity into the market, but other factors complicate the situation [1] - Mortgage rates are based on the 10-year yield, not the Fed funds rate; rate cuts don't automatically translate to cheaper mortgages [2][3] - Last year, Fed rate cuts spurred expectations for growth and inflation, pushing up the 10-year yield and hurting housing [3] - The belief that Fed cuts automatically lead to cheaper mortgages is not universally held; while it often happens, it didn't last year [4] Inflation & Monetary Policy - Higher and stickier inflation changes how the 10-year yield reacts to policy changes; bonds may not behave the same way to Fed cuts as in the past 20 years due to a different inflationary environment [5][6] - Equities are potentially a better inflation hedge than bonds, questioning bonds' role as a diversifier [6] - The labor market is showing signs of softening, which could lead to the Fed cutting rates and potentially pulling down long-term yields and inflation [8][9] Labor Market & AI Impact - 34% of CEOs surveyed by the Conference Board expect job cuts in the next 12 months, the first time those expecting cuts outnumbered those expecting to hire since COVID [8] - Companies are expected to accelerate job cuts to control costs [9] - Companies are investing in AI and training their staffs, but the timing and degree of AI's disinflationary impact are uncertain [10][11] - Companies are pressured to invest in AI, which requires upfront spending and may lead to headcount reductions to offset costs [11][12]