Saturday, March 6, 2021
Welcome to Business Brainiac - An International Business Magazine
We now live in a world where – thanks to information and communication technologies – we are able to produce and distribute goods, services and capital around the globe virtually nonstop. To keep merchandise and consumers moving across time zones and national borders, employers must increasingly staff workplaces around the...
Tech disrupts most industries – just look at Spotify and music or Uber and taxis. But at least it has the good manners to smash them up one at a time. So even in this disruptive era, one innovation stands out because it risks damaging three 20th-century industries at once: retail, advertising and commercial...
The impact of climate change on the stability of individual financial institutions and the financial system in general is growing. It influences the types of activities that financial institutions will fund and the cost of finance. For example, the increased frequency and intensity of floods, storms and droughts is complicating...
The Australian economy is tepid, with consumer spending the weakest in ten years, business investment shrinking, and economic growth too weak to cover population growth. Were it not for very strong growth in export income and the biggest surge in government spending in 15 years, the economy would have shrunk. The...
A lot of discussion and ethical thought about self-driving cars have focused on tragic dilemmas, like hypotheticals in which a car has to decide whether to run over a group of schoolchildren or plunge off a cliff, killing its own occupants. But those sorts of situations are extreme cases. As the most recent crash – in...
In April, Ford announced that it will be phasing out nearly all of its passenger cars in the United States. If all goes according to plan, 90 percent of Ford’s portfolio in North America will be trucks, SUVs and commercial vehicles. Its F-150 – the most popular vehicle in America – is now poised to build...
Banks borrow short and lend long. So if all of a bank’s depositors suddenly want their money, the bank would be unable to pay them. A bank may have made great loans but it can only unwind these loans slowly over time. In most situations this doesn’t matter. Banks know...
Brazilians are moving away from Catholicism. Today, fewer than 50 percent of Brazilians identify as Roman Catholic, down from 92 percent in 1970. But after 500 years in South America, the Catholic Church remains deeply enmeshed Brazil’s economy and society. Among its many footholds is a little-known tradition called the Movimento das Capelinhas,...
With a mariachi band playing along, the last Volkswagen Beetle rolled off the assembly line of a Mexican factory on July 10. Originally created in Germany at the behest of Adolf Hitler, the Beetle ended up being exported around the world, and every country that sold the car absorbed it into...
“What is the value of zero?” asks the seductive commercial for the new Nissan Leaf (due to launch in Australia in April). Set against a montage of natural and man-made images of “0”, the Leaf advert asks its audience to: “Imagine zero dependency on foreign oil, zero pollutants in our environment, zero...

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