Thursday, February 13, 2025

WSJ: Office Technology Comes to the Movies: Test Your Knowledge With Our Quiz

By SIMON  CONSTABLE

Workplace technology has been featured in movies for longer than you might imagine—think silent films. From the familiar to the futuristic, it often serves to advance a film’s plot and help deliver its message.

So, how much do you know about workplace technology in movies? Find out by taking our quiz.

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What office technology now commonly used was envisioned in “Metropolis,” a 1927 silent movie directed by Fritz Lang?

Read more here.

Fritz Lang. Joost Evers / AnefoCC BY-SA 3.0, via Wikimedia Commons




#POLAND: Prospering and arming. @RealConstable @BatchelorShow Occitanie

 By SIMON CONSTABLE


Listen here.

Nothing seems to get in the way of Poland going from strength to strength despite being part of the sluggish European Union. There are multiple reasons why and many facets, including the country’s outstanding defense spending and its conservative Donald Trump-like approach to illicit immigration.

Late last month, Poland’s economy was estimated to have grown by 2.9% last year, according to the country’s StatOffice. That performance trounces Europe’s single currency area, also known as the eurozone, by more than threefold; it eked out a mere 0.7% over the same period. 

Poland’s growth also overtook the U.S., which grew a robust 2.5% in the 12 months through December. 

“The last year or two has seen a boom, and it’s getting publicity,” says Mateusz Urban, a senior economist at Oxford Economics in Warsaw, Poland, told FOX Business. “There really is a European tiger right at Germany’s door.” Read more here.



The flag of Poland at the cemetery of the Polish refugees in Koja, Uganda.
RomanDeckertCC BY-SA 4.0, via Wikimedia Commons



#FRANCE: Natural gas price surging at the EU and Cordes sur Ciel. @RealConstable @BatchelorShow Occitanie.

 By SIMON CONSTABLE


Listen here.


Tim EvansonCC BY-SA 2.0, via Wikimedia Commons






Wednesday, February 12, 2025

Fox Biz: France, Europe attempt to flex tech muscles at Paris AI summit in clash of civilizations

 By SIMON CONSTABLE

FRANCE – Without a doubt, this week’s artificial intelligence summit in Paris was to showcase how Europe intends to catch up with the U.S. and China, the leaders in the field. But that’s not all.

The summit was also aimed at bringing together the major players in this new technology. But in reality, it looks more like a clash of civilizations, cultures and national priorities. In simple terms, the main players are at substantial odds with each other.

Vice President JD Vance on Tuesday presented the keynote address at the plenary session. The Trump administration "will ensure that American AI technology continues to be the gold standard worldwide," he said. American AI tech is "the partner of choice for others, foreign countries, and certainly businesses, as they expand their own use of AI." The administration also wants AI to create jobs. Read more here.

Jernej Furman from SloveniaCC BY 2.0, via Wikimedia Commons




Monday, February 10, 2025

WSJ Financial Flashback: 40 YEARS AGO: The Dollar’s ‘Volcker Rally’

 By SIMON CONSTABLE

After World War II, the U.S. dollar became the world’s top reserve currency, and the global economy flourished. But fast-forward to 1985, and things got a bit out of control.

 

The dollar index—a measure of the greenback’s value against a basket of major currencies such as the British pound and the German mark—hit an all-time high of 160. There seemed to be “no end in sight to the dollar’s strength,” as The Wall Street Journal quoted one banker in late February of 1985.It was called the Volcker Rally, recalls Win Thin, chief strategist at Brown Brothers Harriman. Paul Volcker headed the Federal Reserve and successfully crushed U.S. inflation by raising short-term interest rates to 20%.

 

Deregulation from the Reagan administration and corporate tax cuts helped boost stocks. And higher U.S. rates meant the dollar became a magnet for foreign capital, sending the dollar sky-high, Thin says. “It was sort of exceptional.” Read more here.