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☆ Social isolation linked to early death risk, study finds
▼ + stars: | 2023-11-09 | by ( Kristen Rogers | ) edition.cnn.com time to read: +6 min

Those who don’t socialize with friends or family may see their risk of dying early increase by 39%. Many previous studies have linked loneliness or social isolation with a higher risk of premature death and other health outcomes. But few, if any, have looked into how these associations depend on the combined impact of different types of social interaction, according to a new study published Thursday in the journal BMC Medicine. Participants’ social isolation was gauged by how often they were visited by friends or family, how often they engaged in weekly group activities, and whether they lived alone. It’s also possible that any of these factors could lead to loneliness or social isolation rather than result from them, according to the study.

Persons: “, ”, Hamish Foster, weren’t, Anthony Ong, —, It’s, Foster, Jason Gill, Olivia Remes, wasn’t, Gill Organizations: CNN, BMC Medicine, School of Health, University of Glasgow, Cornell University, University of Cambridge, Social, Networks Locations: Scotland, United Kingdom, New York, England

☆ What a stressed commercial real estate market means for these exposed bank stocks
▼ + stars: | 2023-09-27 | by ( Morgan Chittum | ) www.cnbc.com time to read: +9 min

Banks are facing mounting uncertainty as the commercial real estate (CRE) sector continues to struggle. Commercial real estate landscape Higher interest rates, tightening credit conditions and elevated office vacancies are weighing down the estimated $21 trillion commercial real estate sector . A lagging commercial real estate market can strain a bank's capital reserves while a stronger market can boost incomes from lending and fees. While there's reason for concern in the broader commercial real estate market, we see the most pronounced challenges unfolding in offices. CEO Charlie Scharf said the bank sustained "higher losses in commercial real estate, primarily in the office portfolio."

Persons: Banks, Wells, Morgan Stanley, Morgan Stanley's dealmaking, Tomasz Piskorski, Piskorski, Jim Cramer, Morgan, deteriorations, Tailwinds, JPMorgan Chase, Wells Fargo, Michael Santomassimo, Charlie Scharf, Jeff Marks, Wells Fargo execs, Santomassimo, Jim Cramer's, Jim, Collin Madden, Karen Ducey Organizations: Columbia Business School, Federal Reserve, CNBC, That's, Semiconductor, Arm Holdings, Rivian, IB, Barclays, JPMorgan, GEM, Estate Partners, South Lake Union Locations: Wells, CRE, U.S, Wells Fargo, South Lake, Seattle , Washington

☆ Euro zone factory July activity fell at fastest pace since onset of COVID -PMI
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +2 min

There was considerable weakness seen in Germany, Europe's largest economy, while France and Italy, the second- and third-largest euro zone economies, also recorded marked deteriorations since June. HCOB's final euro zone manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, fell to 42.7 in July from June's 43.4, its lowest since May 2020 and matching a preliminary reading. "It looks like the manufacturing recession is here to stay in the euro zone," said Cyrus de la Rubia, chief economist at Hamburg Commercial Bank. Demand fell sharply even though sinking input costs - which fell at the fastest pace since mid-2009 due to increased competition among suppliers - allowed factories to slash their charges. The output prices index was down to a near 14-year low of 45.0 from 47.0.

Persons: Cyrus de la Rubia, Rubia, Jonathan Cable, Susan Fenton Organizations: P Global, Hamburg Commercial Bank, European Central Bank, ECB, Thomson Locations: Germany, Europe's, France, Italy, HCOB's, June's, Hamburg

☆ It could take another 131 years to close the gender gap around the world, according to the World Economic Forum
▼ + stars: | 2023-06-21 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

It will take another 131 years for the world to achieve gender equality worlwide, according to the WEF. Iceland has closed over 90% of its gender gap, but the US ranked just 43rd globally for gender equality. The statistics come from the World Economic Forum's annual Global Gender Gap report. The WEF published its 2023 Global Gender Gap Report on Tuesday and examined gender parity across 146 countries, finding that the gender gap has closed across a variety of areas of society by 68.4% globally, up 0.3% from 2022's 68.1% score. The United States however is falling behind in closing the gender gap, dropping to 43rd on the list, down from 27th last year.

Persons: —, Saadia Zahidi, WEF Organizations: US, Service, Economic, Center for American Locations: Iceland, Norway, Finland, Sweden, New Zealand, United States

☆ It could take 131 years for the world to close the gender gap, report shows
▼ + stars: | 2023-06-20 | by ( Alicia Wallace | ) edition.cnn.com time to read: +3 min

Minneapolis CNN —Progress on achieving global gender equality is languishing. A new report from the World Economic Forum estimates that women won’t attain parity with men for another 131 years. The overall gender gap — a measurement of equality across the realms of the economy, politics, health and education — closed by a mere 0.3% as compared to last year, according to the WEF’s “Global Gender Gap Report 2023,” released Wednesday. “Today, some parts of the world are seeing partial recoveries while others are experiencing deteriorations as new crises unfold.”The WEF’s Gender Gap Index measures gender parity in 146 countries and across four areas: economic participation and opportunity, educational attainment, health and survival and political empowerment. “Accelerating progress towards gender parity will not only improve outcomes for women and girls but benefit economies and societies more widely, reviving growth, boosting innovation and increasing resilience,” Zahidi wrote.

Persons: ”, Saadia Zahidi, ” Zahidi, “ Organizations: Minneapolis CNN, “, United Locations: Minneapolis, Iceland, Norway, Finland, New Zealand, Sweden, Germany, Nicaragua, Namibia, Lithuania, United States

☆ Can the U.S. See the Truth About China?
▼ + stars: | 2023-03-27 | by ( David Marchese | ) www.nytimes.com time to read: +14 min

Photo illustration by Bráulio Amado Talk Can the U.S. See the Truth About China? To see China solely as trying to displace the United States is only going to stoke more fears. The Chinese people believe that a substantially weakened Russia might not be in the interest of China, because if there were the sense that the United States needed to seek out an opponent, China would be next. And then also, the United States thinks that China wants to displace it. The industrial espionage stems from a lack of appreciation from the start of intellectual property, and the United States, by pushing China to do more intellectual-property protection, is actually good for China.

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