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February, 2022

 

The Trader Who Shook Global Markets

The Work-From-Home Trader Who Shook Global Markets Navinder Singh Sarao.  Photo by Luke MacGregor/Bloomberg On March 9, 2020, U.S. stocks had their biggest one-day point drop ever as the economic fallout from the novel coronavirus sank in. Within a week that record had been broken twice, only for the S&P 500 to register its greatest weekly gain in decades in April, after the Federal Reserve intervened by slashing interest rates and buying bonds. This rattle of volatility arrives 10 years after another famously tumultuous episode in the markets—the so-called FlashRead More


For Ukraine’s Jews, the Threat of War Stirs Memories of Past Horrors

In Odessa, Jewish leaders are preparing for the worst: hiring security guards, scoping out bomb shelters and making plans to evacuate if Russia invades the country. Prayer services following shabbat at the Great Choral Synagogue in Odessa, Ukraine.Credit…Brendan Hoffman for The New York Times By Michael Schwirtz Feb. 21, 2022Updated 7:35 p.m. ET ODESSA, Ukraine—Rabbi Avraham Wolff is preparing for war. He has bought enough sugar, macaroni and canned goods to feed his congregation for a year, he said. He has hired about 20 Israeli security guards in case riotingRead More


The Guardian: Facebook’s rocky road to the metaverse

‘Every move scrutinized’: Facebook’s rocky road to the metaverse The CEO has changed the world – but he faces regulatory, technological and branding troubles in his push to do it again Mark Zuckerberg announces Facebook’s name change in an October presentation. Photograph: Eric Risberg/AP Kari Paul and Dan Milmo Sun 13 Feb 2022 01.00 EST It would hardly be hyperbole to say that since its founding in 2004, Facebook has taken over the world – counting more than 50% of the global population as its user base. But after yearsRead More


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