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FT report: China cautious on hitting back at US companies after Huawei sanctions

  
  Analysis
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The Financial Times writes that despite mounting political pressure to unveil commensurate restrictions on US businesses in China, Beijing has historically been reluctant to retaliate. 

Analysts think officials will continue to hold back, as they are reluctant to upset the economic benefits and innovation US companies bring to China.
The US administrations targeting of China’s biggest technology groups incldueds moves against:
  • ByteDance
  • Tencent
  • as well as Huawei
Link to FT is here (may be gated).  The FT cite analysts (named in the piece) for the opinions.
If they are right perhaps US-China relations will not chill much further after all.
The Financial Times writes that despite mounting political pressure to unveil commensurate restrictions on US businesses in China, Beijing has historically been reluctant to retaliate. 

John Kenneth Galbraith, an economist, says the financial markets are characterized by…

  
Analysis, Education
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“…extreme brevity of the financial memory.  In consequence, financial disaster is quickly forgotten.  In further consequence, when the same or closely similar circumstances occur again, SOMETIMES IN A FEW YEARS, they are hailed by a new, often youthful, and always extremely self-confident generation as a brilliantly innovative discovery in the financial and larger economic world.  There can be few fields of human endeavor in which history counts for so little as in the world of finance.” [emphasis mine].

Amidst the gloom – Italian hospital saves Covid-19 patients lives by 3D printing valves

  
  Analysis
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No, not forex, but some human ingenuity, creativity and hard work in application:

  • massive number of people who require intensive care and oxygenation in order to live through the infection long enough for their antibodies to fight it. This means that the only way to save lives at this point – beyond prevention – is to have as many working reanimation machines as possible.
  • a Northern Italian hospital needed a replacement valve for a reanimation device and the supplier had run out with no way to get more in a short time.
  • a company in the area, Isinnova, brought a 3D printer directly to the hospital and, in just a few hours, redesigned and then produced the missing piece
  • On the evening of Saturday 14th (the next day) Massimo reported that “the system works”
  •  At the time of writing, 10 patients are accompanied in breathing by a machine that uses a 3D printed valve. 
What great news amidst the crisis.
No, not forex, but some human ingenuity, creativity and hard work in application:

The Innovation Secrets of Steve Jobs

  
Analysis, Education, Life, LINKS
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No one can deny that Steve Jobs is very successful and runs a very successful company. As head of Apple (AAPL), he has provided numerous direct and indirect jobs (have you seen how many iPhone apps there are now?) and dozens of very, very popular and useful products.

The book The Innovation Secrets of Steve Jobs: Insanely Different Principles for Breakthrough Success by Carmine Gallo, presents a very clear road map to follow in Jobs’ footsteps, showing how to be truly successful in your occupation. Look at a few of the principles covered in the book:

Put a Dent in the Universe
Kick-Start Your Brain
Sell Dreams, Not Products
Say No to 1,000 Things

This book is especially useful to the self-employed, showing how to be more creative, have more effective work strategies, and become more successful.

The author had previously written the best-selling book The Presentation Secrets of Steve Jobs: How to Be Insanely Great in Front of Any Audience. He writes in a clear and concise manner with plenty of supporting anecdotes.

If you are looking for a good read that can help you achieve the success you want and deserve, get The Innovation Secrets of Steve Jobs. You won’t be disappointed.

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