GBP News 

French SMEs that do business with UK poorly prepared for Brexit

“PARIS (Reuters) – More than half of French small and mid-sized companies that do business with Britain have not assessed the impact of Brexit, according to a French finance ministry survey, weekly newspaper Journal du Dimanche (JDD) reported” writes Midwest Communications Inc for 95kqds.com. JDD cited results of an October poll of 3,000 SMEs that showed 54% of the companies declared not knowing how Britain’s exit from the European Union would impact their business, while 40% have studied potential consequences and only 6% have exact calculations. Source: 95kqds.com

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News Stocks 

Netflix Stock Rally Ebbs as Worries Remain on Impact of New Rivals

“In short, the debate over Netflix stock rages on, and the battle will only intensify heading into year-end results” writes Eric J for nasdaq.com. Netflix stock is trading up 4.7%, at $299.68.Netflix has faced competition from Hulu, HBO and Amazon for years with limited impact on growth to date.Netflix sharesare higher but well off their highs this morning, as stronger-than-expected third-quarter earnings are offset in part by worries about the potential impact of new competition on fourth-quarter performance.On one hand, Netflix blew away its earnings and operating-margin guidance for the…

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Crypto News 

UN Partners With NGO to Tokenize Chocolate Bars for Equitable Trade

“The United Nations Development Programme has partnered with Dutch NGO the FairChain Foundation to use blockchain for the more equitable funding of cocoa farmers” writes Marie Huillet for cointelegraph.com. This July, the UN unveiled its research into blockchain solutions to foster sustainable urban development in Afghanistan.As the report outlines, each bar — being marketed as “The Other Bar” — contains a QR code within its wrapper that consumers can use to donate a blockchain token directly to farmers. Source: cointelegraph.com

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News 

30 years after communism, eastern Europe divided on democracy’s impact

“Asked how they felt their countries had advanced, central and eastern Europeans were most positive about education (65%), living standards (61%) and national pride (58%)” writes Jon Henley for theguardian.com. Central and eastern European nations also harboured a widespread view that politicians, and to some extent businesspeople, had benefited personally and excessively from the fall of communism, while “ordinary people” had largely not.Up to 85% of people approved of the shift in Poland, eastern Germany and the Czech Republic, for example, but fewer than 55% did so in Bulgaria, Ukraine…

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News 

IMF warns there is ‘limited ammunition’ to fight recession

“Gopinath said the tit-for-tat tariff action would reduce global growth by a cumulative 0.8 percentage points by the end of next year” writes Larry Elliott for theguardian.com. The Washington-based IMF said it expected global growth to be 3% in 2019 – down from 3.6% last year and a 0.3 percentage point cut from its April forecast.Although the IMF predicted growth would pick up to 3.4% next year, that represented a downgrade from the 3.6% pencilled in six months ago.Gopinath said the IMF hoped the recent trade truce announced by Washington…

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News 

The cofounder of MOD Pizza, the fastest-growing restaurant chain in America, reveals how its hiring strategy was key to its meteoric rise during the recession

“Read more: I ate at MOD Pizza, America’s fastest-growing restaurant chain, and saw why it’s miles ahead of the competition Ultimately, it came back to the “why” of MOD: impact” writes Irene Jiang for businessinsider.com. “Just building a fast-casual pizza business for the sake of building a big business was not something that justified the investment for us. Source: businessinsider.com

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News 

China’s Hikvision sees only limited impact from U.S. blacklisting

“SHANGHAI (Reuters) – Chinese video surveillance company Hikvision will only suffer a limited, short-term hit after being blacklisted by the U.S. government and will strive to get the ban lifted, its general manager said on Wednesday” writes Midwest Communications Inc for 95kqds.com. John Honovich, founder of surveillance video research company IPVM, has said Hikvision uses Intel Corp, Nvidia Corp, Ambarella Inc, Western Digital and Seagate Technology as suppliers. Source: 95kqds.com

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News 

Stanford silencing Chanel Miller constitutes a free speech crisis

“The silencing of Chanel Miller may not be political, but it’s no less a crisis of free speech than Stanford attempting to censor Dinesh D’Souza or the Heritage Foundation” reports washingtonexaminer.com. Miller, previously known to the world as “Emily Doe,” recently identified herself to the world as the woman who survived a horrific sexual assault by Stanford undergraduate Brock Turner.But the school itself offered Miller a space in the garden where one of its own attacked her for her to provide a quote from her victim impact statement. Source: washingtonexaminer.com

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News 

Reskilling Workers Is a Central Part of Corporate Social Responsibility

“Companies already implement corporate social responsibility (CSR) programs to give back to their communities and make a positive impact” reports hbr.org. It is both a moral and economic imperative for companies to implement education programs to help safeguard the future labor force.They should now use these initiatives to join the fight against economic disparity and inequality to safeguard the future labor force.It is both a moral and an economic imperative, and the future of the workforce depends upon it.Organizations have the power to be the driving pressure toward a collective…

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Markets News 

Climate change could impact your mortgage even if you live nowhere near a coast

“Fannie and Freddie, with their added liquidity in a huge mortgage market, essentially make possible the popular 30-year, fixed-rate mortgage” writes Rachel Koning Beals for marketwatch.com. They found that, after those hurricanes, lenders increased by almost 10% the share of coastal mortgages offloaded to Fannie and Freddie.That puts the health of the mortgage market at risk, a potential repeat of the financial conditions at the root of the banking crisis a decade ago, a research paper published Monday argues. But the worrisome lag, as the Ouazad and Kahn paper suggests,…

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