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The conservative media and House Republicans blundered into their own version of the Steele dossier by pursuing an impeachment against President Joe Biden based on dubious claims from a questionable informant.

Read this story from "The Atlantic" for free without being tracked.

https://read.distractionfree.site/theatlantic/ideas/archive/2024/02/steele-dossier-parallels-biden-impeachment/677567/

#Impeachment #ConservativeMedia #HouseRepublicans

There are several criminal cases against Donald Trump, including an attack on the Capitol and election interference, and civil lawsuits have also been filed against him for misrepresenting asset values to lenders and barring him from serving as a corporate director in New York.

Read this story from "The Economist" for free without being tracked.

https://read.distractionfree.site/economist/united-states/2024/02/22/why-those-who-wish-to-see-trump-jailed-soon-will-be-disappointed?itm_source=parsely-api

#CriminalCasesAgainstTrump #ElectionInterference #MisrepresentationOfAssetValues #BarredFromServingAsADirector

Tiffany's has undergone a $500 million renovation and now offers a more modern experience, including LED screens showing a diamond bird flying over Central Park. The store also features a three-storey extension with views over Fifth Avenue, and LVMH owns several retail properties in New York's Fifth Avenue, including Prada's current space and the one next door, which it purchased for $835 million. Kering, owner of Gucci, also bought a nearby retail space for a record-breaking $963 million, while LVMH is rumoured to be eyeing up another space on Fifth Avenue. These deals are being sorted at breakneck speeds and for record prices.

Read this story from "The Economist" for free without being tracked.

https://read.distractionfree.site/economist/finance-and-economics/2024/02/22/gucci-prada-and-tiffanys-bet-big-on-property

#diamondbird #modernexperience #LEDscreens #FifthAvenueNYC #recordbreakingdeals

Mirrors played an important role in promoting a growing sense of social self-awareness, self-evaluation, and self-control during the medieval period. It also suggests that there is a misconception about the time being unchanging and backward, when in fact it was marked by significant advancements in social and economic progress, as well as scientific and technological developments. The text highlights the importance of understanding history beyond just scientific and technological achievements to fully appreciate the complexity and depth of human progress throughout the ages.

Read this story from "The Economist" for free without being tracked.

https://read.distractionfree.site/economist/culture/2024/02/21/is-everything-you-assumed-about-the-middle-ages-wrong

#MedievalHistory #SocialProgression #SelfAwareness #ScienceAndTechnology #ComplexHumanProgress

Donald Trump has a strong chance of winning the GOP nomination and the presidency if he wins in South Carolina. The text also acknowledges that there is a strong anti-Trump coalition that has engaged in unreason, hysteria, and abuses of power. Finally, it discusses Trump Derangement Syndrome as being similar to Bush Derangement Syndrome but more intense and widespread in its hatred for the president.

Read this story from "The Atlantic" for free without being tracked.

https://read.distractionfree.site/theatlantic/ideas/archive/2024/02/republican-primaries-south-carolina-trump-haley/677526/

#DonaldTrump #GOPNomination #PresidentialElection #AntiTrumpCoalition #UnreasonHysteria #AbusesOfPower #TrumpDerangementSyndrome

Reddit has been considering going public for half a decade but is finally doing so despite the fact that the IPO market has been stagnant due to investors being wary of unprofitable businesses and shares of public companies falling after the pandemic-induced tech boom in 2020 and 2021. Reddit, which revealed a net loss of $90.8 million in its IPO filing on Thursday, is more similar to high-growth money-losing companies that went public two years ago, but has yet to post a profit. Despite this, it still plans to go public despite the tough market conditions and investors being wary of such businesses.

Read this story from "Fortune" for free without being tracked.

https://read.distractionfree.site/fortune/2024/02/22/reddit-ipo-market-unprofitable-tech-startups/

#IPO #Reddit #PublicCompany #TechBoom #PandemicInducedTechBoom #UnprofitableBusinesses #InvestorsWaryOfUnprofitableBusinesses

Chinese social media users and elite are expressing anger, mockery, fear, and hope regarding the prospect of Donald Trump winning the US presidential election due to their beliefs about his potential impact on trade wars, security in Asia, and propaganda gains for China.

Read this story from "The Economist" for free without being tracked.

https://read.distractionfree.site/economist/china/2024/02/20/how-scared-is-china-of-donald-trumps-return?itm_source=parsely-api

#Election2020 #DonaldTrump #USPolitics #ChinaTradeWars #AsiaSecurity #PropagandaGains

Despite low levels of popular sentiment about the economy, there are signs of improvement as various economic data points have shown progress.

Read this story from "The Economist" for free without being tracked.

https://read.distractionfree.site/economist/graphic-detail/2024/02/16/american-consumers-are-finally-cheering-up

#economicgrowth #economicsignsprogress #economyimproving

The current state of social media has led to a lack of productive conversation among reasonable people and has become impossible to have civil conversations. It also mentions the creation of Parler, which was hijacked by bad actors looking to promote toxicity, followed by the launch of Hedgehog, a new app that is designed to embrace and reward productive, civil conversation.

Read this story from "Fortune" for free without being tracked.

https://read.distractionfree.site/fortune/2024/02/21/ousted-cofounder-controversial-social-app-parler-launch-new-platform-hedgehog-tech/

#SocialMediaToxicity #CivilConversations #ParlerHijacked #NewAppHedgehog

Hainan Island has been developed by the Chinese government under the leadership of President Xi Jinping as a model for promoting domestic tourism and consumption through its natural beauty, strategic location, and duty-free shopping incentives.

Read this story from "The Economist" for free without being tracked.

https://read.distractionfree.site/economist/china/2024/02/15/china-is-trying-to-boost-domestic-tourism

#HainanIsland #TourismPromotion #PresidentXiJinping #DutyFreeShoppingIncentive

Former Governor of South Carolina Nikki Haley made a promise in a recent speech that she would not drop out of the presidential race after her home state primary on February 24th. However, despite being popular during her tenure as governor and having served as American ambassador to the UN, she is currently polling poorly compared to former President Donald Trump among South Carolina Republicans. Her campaign has been boosted by her status as the last remaining Republican challenger to Mr Trump, but she continues to lag behind him in popularity despite his attacks on her record and her own sharpened attacks against him.

Read this story from "The Economist" for free without being tracked.

https://read.distractionfree.site/economist/the-economist-explains/2024/02/22/why-is-nikki-haley-losing-to-donald-trump-on-home-ground

#Politics #PresidentialRace #NikkiHaley #SouthCarolinaPrimary #DonaldTrump #RepublicanChallenger #Popularity

America's tech giants have seen a surge in market value due to hype over artificial intelligence, while smaller AI firms and investors are more cautious.

Read this story from "The Economist" for free without being tracked.

https://read.distractionfree.site/economist/business/2024/02/22/the-age-of-the-unicorn-is-over

#techgiants2 #artificialintelligence3 #marketvalue4 #hypeoverai5 #smalleraifirms6 #investors7 #cautious

Executives consider cyberattacks the top threat to their companies, and artificial intelligence can help protect businesses against hacking. AI technologies like CrowdStrike use indicators of attack (IOAs) to identify and prevent attacks on computer systems.

Read this story from "Fortune" for free without being tracked.

https://read.distractionfree.site/fortune/2024/02/22/crowdstrike-ai-cybersecurity-hackers-defenses/

#Cybersecurity #ArtificialIntelligence #HackingPrevention #CrowdStrike #IndicatorsOfAttack

The main idea of the text is that President Biden called Russian President Vladimir Putin a "crazy SOB" during a fundraiser for his reelection campaign and criticized former President Donald Trump's comments comparing himself to a Russian opposition leader who died in an Arctic prison. He also spoke about climate change, saying it was the existential threat to humanity, and criticized Trump's recent remarks comparing his own legal troubles to those of Navalny. Biden said that some of Trump's recent statements were "astounding" and compared them to communism or fascism. The text also mentions that Biden spoke about climate change and commented on Trump's legal troubles in New York, saying he was fined $350 million for lying about his wealth on financial statements in his companies. Biden said that some of Trump's recent statements were "astounding" and compared them to communism or fascism. The text also mentions that Biden spoke about climate change and commented on Trump's legal troubles in New York, saying he was fined $350 million for lying about his wealth on financial statements in his companies.

Read this story from "Fortune" for free without being tracked.

https://read.distractionfree.site/fortune/2024/02/22/biden-putin-trump-fundraiser-navalny-crazy/

#PresidentBiden #VladimirPutin #CrazySOB #DonaldTrump #ClimateChange #ExistentialThreat #LegalTroubles

Nvidia's CEO Jensen Huang is bullish on the future of accelerated computing and generative AI, which has led to a surge in demand for their products. Their AI tokens are indispensable for modern tech companies, with revenue exceeding estimates by $2 billion due to high demand from companies gobbling up all the tokens available."

Read this story from "Fortune" for free without being tracked.

https://read.distractionfree.site/fortune/2024/02/22/billionaire-jensen-huang-nvidia-ai-tipping-point-whole-new-industry/

#AcceleratedComputing #GenerativeAI #TechCompanies

The world's temperature has risen by 1.52 degrees Celsius above pre-industrial levels and it may come as a surprise that the 1.5°C and 2°C thresholds are quite tricky to define due to various factors such as different starting points for the temperature rise clock and reliance on approximations.

Read this story from "The Economist" for free without being tracked.

https://read.distractionfree.site/economist/the-economist-explains/2024/02/09/how-to-know-when-the-world-has-passed-15degc-of-global-warming

#ClimateChange #GlobalWarming #TemperatureRise #PreIndustrialLevels #Thresholds

Mining companies have been investing less in new projects and more on paying off debts since 2013 due to the economic slowdown in China. However, decarbonizing the global economy will require significant amounts of metals such as lithium, nickel, steel, and iron ore, which are also needed for various other applications. The text highlights that investment levels have been low compared to previous years, but there is a growing demand for these materials due to their importance in decarbonization efforts.

Read this story from "The Economist" for free without being tracked.

https://read.distractionfree.site/economist/business/2024/02/18/why-the-worlds-mining-companies-are-so-stingy

#miningindustryinvestments #metaldemandfordecarbonization

A man named Saba Sulidze-Donauri sets out on a quest to find his missing family members in Georgia. The text also mentions magical elements such as cryptic clues, a roaming tiger, and wolves.

Read this story from "The Economist" for free without being tracked.

https://read.distractionfree.site/economist/culture/2024/02/22/a-gripping-genre-bending-novel-explores-georgias-troubled-history

#Georgia #MagicalElements #QuestForFamilyMembers #CrypticClues #RoamingTiger #Wolves

Home prices have been rising rapidly due to low mortgage rates, but these higher home prices may be starting to level off as mortgage rates are expected to fall.

Read this story from "Fortune" for free without being tracked.

https://read.distractionfree.site/fortune/2024/02/21/when-will-home-prices-stop-rising-forecast-economist-peak/

#RealEstate

Tiffany's has undergone a $500 million renovation and now offers a more modern shopping experience, featuring LED screens displaying diamond birds over Central Park. The store also features ten floors for silver, gold, and "masterpieces", and an appointment-only level on the roof. Additionally, LVMH has made large purchases of retail properties in London and Paris, with Prada and Kering both recently acquiring spaces on Fifth Avenue as well. These deals are being completed at breakneck speeds and for record prices, with some deals taking only a few weeks from handshake to completion. The Kering deal is the largest high-street retail property purchase in American history.

Read this story from "The Economist" for free without being tracked.

https://read.distractionfree.site/economist/finance-and-economics/2024/02/22/gucci-prada-and-tiffanys-bet-big-on-property

#TiffanyandCo #LVMH #Prada #Kering