Luc N B – Page 7 – BabinMedia•Net

Barjeel

A Barjeel is a traditional desert house in the Emirates that is designed to provide a cool and comfortable living environment in the hot and arid desert climate. Its most distinctive feature is the wind tower, or “barjeel,” which is a tall structure located on the roof of the house. The wind tower catches the…

CBDC

After Facebook shocked policymakers with its plan to launch a digital currency last year, central banks have been forging ahead with discussions on how they could create their own virtual money. Now, they’ve come up with a rough framework for how such a system could work. On Friday Oct. 9th, the Bank for International Settlements and seven…

What happened from 1971

as a new monetary system emerged? The year was 1971, which would irrevocably alter the course of global economics. As the dust settled on the tumultuous 60s, a new monetary system was taking shape, redefining how nations conducted business and forever changing the global economic landscape. In August of that year, U.S. President Richard Nixon…

Byblos: A Journey Through Time to the World’s First Great Seaport

Introduction: The City That Saw It All Imagine a city so ancient that it has witnessed the entire sweep of recorded human history. A single place, continuously inhabited for 9,000 years, that has watched empires rise and fall from its shores like the turning of the tide. This is Byblos, known today as Jbeil in…

Project Apex: An In-Depth Analysis of the Landmark Leveraged Buyout of Electronic Arts

Executive Summary The global interactive entertainment industry is being reshaped by a transaction of historic scale and complexity: the $55 billion all-cash leveraged buyout (LBO) of Electronic Arts (EA). This deal, the largest of its kind on record, will see the iconic video game publisher taken private by a strategically assembled consortium comprising Saudi Arabia’s…

Navigating the Thaw: EU-China Relations Poised at a Crossroads Amid Sanctions Negotiations

The complex relationship between the European Union (EU) and China stands at a potentially pivotal juncture. Negotiations reportedly in their “final stages” aim to resolve the impasse created by China’s retaliatory sanctions against EU individuals and entities, imposed in March 2021 following EU measures concerning human rights abuses in Xinjiang. These sanctions led directly to…

The Aquarius Age Economy

Value shifts from physical goods and manual labor towards information, knowledge, creativity, and data. Education and continuous learning become paramount.

Decoding the ‘Discounted Reciprocal Tariff’: A Flexible Approach to Trade?

Distinct from a standard reciprocal tariff that strictly mirrors a trading partner's rate, the "Discounted Reciprocal Tariff" concept proposes setting a tariff on imported goods at a level deliberately lower than the rate imposed by the foreign country on equivalent US products. Importantly, this "discount" isn't usually derived from a fixed mathematical equation; instead, it's typically portrayed as a flexible instrument where the precise reduction could be strategically adjusted, subject to negotiation, or tailored based on the specific trade relationship and policy goals.

Author: Luc N B (page 7)