Elon Musk has reportedly closed his deal to buy Twitter. Eight Oklahoma fire deaths investigated as homicide. Saving the Mississippi. CBS News Correspondent Steve Kathan has today's World News Roundup.
After months of wrangling, Elon Musk completed his deal to buy Twitter, and immediately sacked several top executives. We ask what’s next for the platform and its users. Organised crime is damaging South Africa’s economy. And our obituaries editor looks back at one of the 20th century’s most daring heists. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer
Elon’s Twitter acquisition closes today, so he showed up at Twitter’s Headquarters… holding a kitchen sink (literally). Coca-Cola just unveiled its #1 priority for 2023: Perfect the can. And Facebook-parent Meta just lost $80B of value in 24 hours because Mark Zuckerberg is CEO, B!#$%.
$TWTR $KO $META
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The Bermuda government has taken an interesting approach to encourage the development of crypto, blockchain, and digital assets within the territory.
The insurance sector is one area where Bermuda seems well-positioned to dominate crypto finance and its territory is one of the largest insurance and reinsurance hubs in the world.
Does its model set the stage for other countries in the quest for viable insurance?
On this episode of “Money Reimagined” host Michael Casey is at the Bermuda Tech Summit in Bermuda and is joined by his co-host Sheila Warren to speak with Joseph Ziolkowski the CEO of Relm. Relm describes itself as the leading global insurer for companies operating in new and emerging business sectors, such as digital asset/web3, cannabis, and alternative therapeutics.
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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer Jared Schwartz. Our theme song is “Shepard.”
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NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org.
In The Folk: Music, Modernity, and the Political Imagination(U California Press, 2021), Ross Cole revisits the remarkable upswell of interest in folk songs in fin de siècle Britain and America. While the work of folk collectors such as John Lomax, Cecil Sharp and Hubert Parry seems primarily about the preservation of premodern musical cultures, Cole suggests that the anxieties about the disappearance of these traditions were inseparable from – and constitutive of – a critique of industrial modernity. That is, the preoccupation with folk culture in this period was as much about discontent with the present and imagining new visions for the future as it was motivated by a socio-historical interest in the vernacular musics of the past. Cole shows how the desire for ‘folk culture’ actually occluded the messy, hybrid reality of vernacular music making, and the lives of those who made it, as a result.
Cole makes the compelling case that what he calls the ‘folkloric imagination’ is shot through with a twinned politics of nostalgia and utopia, with both radical and reactionary elements lying just beneath the surface. The Folk traces how the invention of folk song by the collectors of the late 19th and early 20th Century was tightly bound up with contentious questions of race, nation, and empire that would come to an ugly head with the advent of fascism. By pursuing these threads into the present day, Cole shows how the same tensions continue to permeate the use and abuse of ‘the folk’ in contemporary political culture.
Dr Ross Cole is Lecturer in Popular Music at the University of Leeds.
Gummo Clare is a PhD researcher in the School of Media and Communications, University of Leeds.