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Mostrando entradas de septiembre, 2019

Activity 3, 2 Parcial

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How WeWork spiraled from a $47 billion valuation to talk of bankruptcy in just 6 weeks Just six weeks ago, the coworking giant WeWork was the US's most valuable tech startup. Then it filed its S-1 registration for an initial public offering, disclosing a bevy of conflicts of interest and mismanagement by its magnetic and eccentric cofounder, Adam Neumann. Investors, reporters, and analysts, chastened after seeing Theranos revealed as a massive fraud and watching Uber fail to live up to the hype, didn't let another visionary founder pull the wool over their eyes. Neumann's IPO dreams crashed and burned, and now he's been ousted as CEO and observers are wondering whether WeWork can avoid bankruptcy. Based on reporting from Business Insider and other news outlets, this is the story of the six weeks that almost ended WeWork. Also read:  Sex, tequila, and a tiger: Employees inside Adam Neumann's WeWork talk about the nonstop party to attain a $100 billion dream...

Activity 2, 2 Parcial

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A record $1.1 trillion has shifted out of stocks over the last year. Here’s why the market is still climbing, and could see further gains soon. Carmen Reinicke  Sep. 24, 2019, 08:12 AM AP/Mark Lennihan Over the last 12 months, investors have pulled a record $1.1 trillion out of equities and put that money into bonds and money market funds, according to a recent client note from Bernstein. The analysts discuss the resulting factors that have left equities primed to rally over the next few months. Corporate buybacks and mergers and acquisitions have supported stock-market growth, even as investors have fled equities. Read more on Markets Insider.  In the last year, investors have pulled a record $1.1 trillion out of equities and moved the money into bonds and money market funds, according to data from Bernstein. That marks the largest such shift in history. That could mean that equities are set up for gains in the near term, says a team of Bernstein ana...

Activity 1, 2 parcial.

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China just took another step to boost its struggling economy — but experts say it needs to do far more ChinaFotoPress / Getty China lowered borrowing costs for the second month in a row on Friday in an effort to bolster its struggling economy. The People's Bank of China cut its Loan Prime Rate (LPR) by 5 basis points to 4.2%, a much smaller move than those made by the  US Federal Reserve  and European Central Bank in recent weeks.  But experts are warning that the cut might not be enough to stave-off slowing growth brought on by the ongoing trade war with the US.  Visit the Markets Insider homepage for more stories. China cut its new one-year benchmark interest rate for the second month in a row on Friday, marking the country's latest attempt to shore up economic growth. But experts are warning the effort might not be enough to prevent a slowdown brought on by the  ongoing trade war with the US .  The People's...

activity 11

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Boris Johnson will seek a general election if Parliament votes to block a no-deal Brexit Adam Bienkov  and  Thomas Colson 8m Boris Johnson made a statement outside his 10 Downing Street residence.  Getty ·          Boris Johnson will call a general election on October 14 rather than delay Brexit a senior government source has confirmed. ·          Speaking outside Downing Street, Johnson said he did not want an election, but would not request another Brexit extension under any circumstances. ·          A senior government source confirmed after his statement that the prime minister will seek a general election rather than allow a further delay. ·          The statement came as members of Parliament revealed their plan to prevent a no-deal Brexit. ·       ...

Glosario 7 Activity 10

1. Items/ Artículos:  An individual article or unit, especially one that is part of a list, collection, or set. 2. Availabe/ Disponible: Able to be used or obtained; at someone's disposal. 3. Rationed/ Racionado: Allow each person to have only a fixed amount of (a particular commodity). 4. Competing/ Compitiendo: In a state of rivalry or competition (as for position, profit, or a prize). 5. Needs/ Necesidades: Motivating force that compels action for its satisfaction. 6. Benefits/ Beneficios: An advantage or profit gained from something. 7. Fitted/ Ajustar: Made or shaped to fill a space or to cover something closely or exactly. 8. Failure/ Fracaso:  Is a lack of success in doing or achieving something, especially in relation to a particular activity. 9. Rely/Confiar/Trust is the belief that a person or group will be able and want to act appropriately in a given situation and thoughts. Confidence will be more or less reinforced depending on the actions and values. 10....

Glosary 6 - Activity 9

Market Failure/Falla de mercado: is the economic situation defined by an inefficient distribution of goods and services in the free market. In market failure, the individual incentives for rational behavior do not lead to rational outcomes for the group. Externalities/Externalidades: a side effect or consequence of an industrial or commercial activity that affects other parties without this being reflected in the cost of the goods or services involved, such as the pollination of surrounding crops by bees kept for honey. Deadweight Loss/Pérdida de peso muerto: also known as excess burden or allocative inefficiency, is a loss of economic efficiency that can occur when the free market equilibrium for a good or a service is not achieved. That can be caused by monopoly pricing in the case of artificial scarcity, an externality, a tax or subsidy, or a binding price ceiling or price floor such as a minimum wage. Under-produced/Subproducido: produce less of (a commodity) ...