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" ... As everybody knows, the world has become a different place in 2020. We are living, consuming and thinking differently in fundamental ways. The worst health crises in over a century, the most punishing economic collapse in 80 years and the deepest struggle with systemic racism in 60 years are the three foundational, separate, yet interrelated, threats that pose among the most serious challenges for brands and businesses that we have faced in decades (and let’s not forget gender inequality, climate change and political disruption). Consumers have reacted by decidedly changing their purchasing habits and their attitudes towards brands. Businesses must understand what kind of new consumer is emerging, actually has emerged, and how business — how brands — can remain relevant and grow. Some of these changes were already underway, but they have accelerated this year at a pace faster than we could have ever imagined. ... "
" ... If Petrobras, the Brazilian oil firm, is under investigation for financial crimes and caught up in a government corruption scandal, you had information. You would also know that Petrobras, one of the biggest oil companies in the Americas, comes with pricing risk associated with oil futures. You would know that it comes with the risk of more people switching to electric cars; of governments punishing fossil fuel producers with regulations. ... "
" ... Luchini, who produces spirits in the U.S. and imports products from the E.U., says, “All our expansion plans have been put on hold as our products would become very expensive in Europe. We are in discussions with a European liqueur producer to import their product to the US, but these discussions have been placed on hold precisely because the tariffs would make it unprofitable for Wolf Spirit to take the brand. We need to promote trade through open competition and not punishing tariffs applied with little criteria. ... "
" ... There is certainly a strong argument for punishing students who violate COVID-related safety rules. The New York Times has estimated that there have been over 50,000 cases of COVID at colleges and Universities already. On the other hand, even during a pandemic, schools must have a fair and accurate process for establishing guilt. Meting out “interim” and “summary” suspensions and leaving it to the students to prove their innocence while, in some cases, they are also being told to vacate their dorms, risks sweeping up innocent, resource-poor students with the guilty. The best approach would be to isolate the suspected students and allow them to take their classes online while a fair investigation and chance for the accused student to be heard take place, with the burden always on the university to prove wrong-doing. ... "
" ... There seems to be an epidemic sweeping through China. Over the last couple of decades, China has powered its economy to rival America’s dominance. The push by the Communist Party leaders hasn’t come without a cost. The country’s punishing hardcore work ethic has a dark underside to it. ... "