Tema: PPCC-Pisitófilos Creditófagos-Otoño 2022

[Derby]

https://www.cityam.com/brits-told-they-should-brace-themselves-for-even-higher-food-and-drink-prices/

Brits told they should brace themselves for even higher food and drink prices

Food and drink prices are expected to climb even higher than previously expected – with meat, fruit, vegetables, dairy and bread seeing the biggest increases, a new forecast has suggested.

The rate of food price inflation will reach a peak year-on-year of between 17 per cent and 19 per cent in early 2023, the Institute of Grocery Distribution (IGD) said.

This is up from its previous forecast of a peak of between 14 per cent and 16 per cent.

The latest predicted rise was described as a “fairly daunting prospect” by James Walton, chief economist at the grocery insight provider.

He told MPs on the Environment, Food and Rural Affairs Committee that it is not just the poorest households struggling with rising prices.

Speaking during an afternoon session in Parliament yesterday, Walton said: “Our shopper research shows that food stress is becoming increasingly prevalent in the UK not just amongst the least well-off households, but actually amongst households further up the income ladder.”(...)

[Derby]

Pffff...

https://twitter.com/financialjuice/status/1590367610020954117

AFTER REVIEWING THE CRYPTO EXCHANGE'S BOOKS, BINANCE IS HIGHLY UNLIKELY TO CARRY OUT ITS PROPOSED RESCUE OF FTX - COINDESK.

Susto o muerte?

https://www.ft.com/content/4982c7e9-5dd7-4e99-9430-eface0db4a8c

Binance chief says near collapse of FTX ‘severely’ eroded confidence in crypto industry

Changpeng Zhao tells employees that the bailout of its chief rival is ‘not a win’

The near collapse of FTX has “severely shaken” confidence in the crypto industry and will trigger tougher scrutiny by regulators, Binance chief Changpeng Zhao said a day after orchestrating a rescue of the exchange’s rival.

Zhao said in a note to employees seen by the Financial Times that the bailout, which consolidated Binance’s position as the world’s biggest crypto trading venue, was not “a win”.(...)

[sudden and sharp]

Ontario Teachers’ Pension Plan, which poured money into FTX.

¡Sánto cielo!

Nadie lo veía venir, no...

¿No se acaban de divorciar?

[Cadavre Exquis]

Meta Cuts 11,000 Jobs
Posted by msmash on Wednesday November 09, 2022 @06:36AM from the breaking-news dept.

Mark Zuckerberg, in a blog post:

Today I'm sharing some of the most difficult changes we've made in Meta's history. I've decided to reduce the size of our team by about 13% and let more than 11,000 of our talented employees go. We are also taking a number of additional steps to become a leaner and more efficient company by cutting discretionary spending and extending our hiring freeze through Q1. I want to take accountability for these decisions and for how we got here. I know this is tough for everyone, and I'm especially sorry to those impacted.

At the start of Covid, the world rapidly moved online and the surge of e-commerce led to outsized revenue growth. Many people predicted this would be a permanent acceleration that would continue even after the pandemic ended. I did too, so I made the decision to significantly increase our investments. Unfortunately, this did not play out the way I expected. Not only has online commerce returned to prior trends, but the macroeconomic downturn, increased competition, and ads signal loss have caused our revenue to be much lower than I'd expected. I got this wrong, and I take responsibility for that.

In this new environment, we need to become more capital efficient. We've shifted more of our resources onto a smaller number of high priority growth areas -- like our AI discovery engine, our ads and business platforms, and our long-term vision for the metaverse. We've cut costs across our business, including scaling back budgets, reducing perks, and shrinking our real estate footprint. We're restructuring teams to increase our efficiency. But these measures alone won't bring our expenses in line with our revenue growth, so I've also made the hard decision to let people go.

Saludos.

[sudden and sharp]

 

[sudden and sharp]

 

[sudden and sharp]

Gas y petróleo caen con fuerza
tras ordenar Rusia la retirada de la ciudad de Jersón
https://cincodias.elpais.com/cincodias/2022/11/09/economia/1668010286_296170.html

De acuerdo con la opinión de varios analistas la decisión de abandonar la estratégica ciudad podería suponer un punto de no retorno para el conflicto bélico, cuyo final hoy parece vislumbrarse con moderada esperanza. De hecho las cotizaciones más sensibles a la evolución del conflcicto, la del gas y el petróleo se han orientado claramente a la baja. El primero desciende más de un 6% y el Brent casi un 2%.

[sudden and sharp]

 

[sudden and sharp]

 

[sudden and sharp]

The lower the price = the quicker the float is locked.








 

[sudden and sharp]

Friday 11/11. Veterans day








 

[saturno]

Mark Zuckerberg, in a blog post:

Meta Cuts 11,000 Jobs
Many people predicted this would be a permanent acceleration that would continue even after the pandemic ended.


I did too, so I made the decision to significantly increase our investments.

Unfortunately, this did not play out the way I expected. Not only has online commerce returned to prior trends, but the macroeconomic downturn, increased competition, and ads signal loss have caused our revenue to be much lower than I'd expected. I got this wrong, and I take responsibility for that.

Y puessss, ¿no dimite?

[sudden and sharp]

Pistaaaaaah








 

[sudden and sharp]

 

[Saturio]

Mark Zuckerberg, in a blog post:

Meta Cuts 11,000 Jobs
Many people predicted this would be a permanent acceleration that would continue even after the pandemic ended.


I did too, so I made the decision to significantly increase our investments.

Unfortunately, this did not play out the way I expected. Not only has online commerce returned to prior trends, but the macroeconomic downturn, increased competition, and ads signal loss have caused our revenue to be much lower than I'd expected. I got this wrong, and I take responsibility for that.

Y puessss, ¿no dimite?

Su responsabilidad queda limitada ha que ha perdido personalmente 80.000 millones en un año.
El verá.
Pero vamos, eso huele a cadáver.