Sunday, September 8

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The Srilankan Crisis – What’s Happening
K-Global

The Srilankan Crisis – What’s Happening

Sri Lanka, the Pearl of the Indian Ocean, is currently indulged in an Economic Crisis worse than ever. The Economic Mismanagement by the Sri Lankan government has caused the country to face severe consequences. Sri Lanka Economic Crisis. The Inflation rate has risen to 18.7%, and the value of the Srilankan rupee has depreciated by 30% against US Dollar. The Exchange rate is at its all-time high, trading 1 US dollar for 310 Sri Lankan rupees making it the World’s poorest performing currency. People face a deficiency of essential utilities such as Food, Fuel, and Gas. Hospitals are suspending routine surgeries due to a lack of drugs. Many People are even escaping to India due to Sri Lanka’s worsening condition. The price of daily necessities has skyrocketed. According to the Department o...
Tenets of Common Good: Incentives
K-Global, K-Literature

Tenets of Common Good: Incentives

Though, mounting evidence lends credence to the dismissal of the idea of the common good as pious rhetoric, with polarisation and inequality exacerbating. Interest groups with fundamentally opposed ideologies duel in legislative assemblies, consultative committees and the media. However, I will argue that the notion of common good is neither futile nor vacuous on multiple tenets; in this article, the focus will be on the presence of incentives which stimulate individuals to seek out the common good. The understanding of these incentives necessitates the recognition of the embedded moral deficiencies in a private society – a society whose members’ interests pertain only to individual needs. In such a community, the motivational horizons are constrained to focus only on people and endeav...
Kaizen Capital Management
K-Entertainment

Kaizen Capital Management

Investment Strategy Summary Our Investment strategy is fully client-centric and we would achieve that by active management. We aim at fulfilling it by using a distinct strategy for distinct objectives. Inflation today is the highest since the past 3 decades; to suit our client's need to pay scholarship, we made sure that we invested in equities which has been a good inflation hedge historically. We also made our portfolio less vulnerable to volatility in the market to support withdrawals. Investment Strategy Uniqueness We will have 2 conflicting strategies, one with higher risk and higher volatility and the other with lower risk and lower volatility. The combination of these strategies in one portfolio won’t make our portfolio market neutral but it would cater to the client goals...
Amazon Hit With Record EU Privacy Fine
K-Global

Amazon Hit With Record EU Privacy Fine

The penalty of $887 million is a sign that the bloc’s privacy regulators are taking a more aggressive stance on enforcement Amazon Inc. AMZN -6.91% has been fined 746 million euros, equivalent to $887 million, by a European Union privacy regulator for violations related to its advertising, by far the largest-ever fine under the EU’s data protection law. The fine, which Amazon disclosed Friday in a securities filing, was issued two weeks ago by Luxembourg’s privacy regulator, the CNPD, and accompanied by an order to revise certain business practices that Amazon didn’t specify. Amazon said the regulator’s decision was without merit and that it would appeal in court. “The decision relating to how we show customers relevant advertising relies on subjective and untested interpreta...
Entrepreneurship in our genes ?
K-Entertainment

Entrepreneurship in our genes ?

Humans are considered the most average species in the evolutionary timeline and surprisingly are one of the most crucial species to ever dominate planet earth and the species that single-handedly dealt extinctions and destroyed ecosystems competing with nature itself Just take sharks and whales for example these are majestic creatures evolving over hundreds of millions of years and dominate the sea, Humans despite being so average have been able to dominate the whole ecosystem Our mammal’s ancestors weren't so fortunate since 200 million years ago mammals have been the underdogs of planet earth , an average species. None of the revolutions in human history have been solely circumstantial or accidental 300,000 years ago human species called homo Erectus discovered fire and t...
EUROPEAN SUPER LEAGUE| A Manifestation of Greed or the Need of Modern Football?
K-Sports

EUROPEAN SUPER LEAGUE| A Manifestation of Greed or the Need of Modern Football?

18 April 2021, the 12 supergiants in football came together to declare that the course of European football was set to change. The President of Real Madrid, Florentino Pérez, led the pack of wolves. Financially challenged football clubs desperately followed the alpha in Pérez. Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspurs, AC Milan, Inter Milan, Juventus, Atletico Madrid, Barcelona, Real Madrid all released a statement declaring the establishment of a European Super League. Henceforth, they also announced their departure from the Uefa Champions league, deeming it to be financially unstable in the status quo. This was met with immense backlash from football admirers and fans from all around the globe. The backlash and outcry mainly stemmed from the ...
A Review | Discourses and Selected Writings of the Greek Stoic Epictetus
K-Literature

A Review | Discourses and Selected Writings of the Greek Stoic Epictetus

Hello! I’m not sure whether this article counts as a book review or if it’s just me rambling about my thoughts about this book I read a while ago. It’s called the "Discourses and Selected Writings of the Greek Stoic Epictetus", and they are a series of informal lectures by Epictetus written down by his student Arrian around 108AD. Be honest: can you say the name (Epictetus) without giggling like a schoolgirl? (Hope everyone gets the joke because I’m not sure if it would be appropriate to explain it in a school blog). Anyways, back to the book. I picked this book because it seemed simple and straightforward for an introduction to Stoic philosophy for people who want to get into it. Stoicism, as defined by Wikipedia, is a philosophy of life that teaches the development of *self-contro...
A Review| Professions for Women by Virginia Woolfe.
K-Literature

A Review| Professions for Women by Virginia Woolfe.

Virginia Woolf was grown in a patriarchal society, at the end of the 19th century and the beginning of the 20th century, when gender oppression was at its full bloom. Virginia was oppressed and treated badly rather roughly by society and she reacted equally to it. She expresses that to be a writer is risky and full of perils as she implies, "The obstacles against her are still immensely powerful..and yet they are very difficult to define." The question arises in her mind that what is simpler than writing a book yet, "she has still many ghosts to fight, many prejudices to overcome." And to talk of other professions, these are not free of dangers. Though the road to select a profession as a lawyer, doctor or civil engineer is smoother than before but there are "many phantoms and obstacl...
Covid-19
K-Science

Covid-19

The recent outbreak of the coronavirus has left everyone in shock. Due to the rising tally, many countries imposed a strict lockdown over the past few months. Experts are still not sure about when this pandemic would be over. The educational sector suffered a lot because of this situation. Now as this phase seems never-ending, it seems as if we would have to learn to live in this situation and it has become the new normal. After delaying the decision for a couple of months, educational sector ministers decided in the recent meeting to reopen schools from the 15th of September 2020. Keeping the circumstances in view, there should be some measures to ensure the safety of students as well as all the administration and faculty. Coronavirus spreads through respiratory droplets released whe...
The Butterfly Effect of a Drug Lord’s Hobby
K-Entertainment

The Butterfly Effect of a Drug Lord’s Hobby

Have you ever read about the butterfly effect? Or the famous cliché that the flap of a butterfly's wings in the Amazon can cause a tornado in Texas? It doesn't add up, but then again, nothing in our complex universe just adds up. It usually has a lot more to it than addition. Amongst the many theories, nerds like to read up on is the butterfly effect. It's a very intricately detailed theory that you only need to know the basics of. But it's better to use Stephen king's book for this example rather than just describing it in my own words. In his book, 11/22/63, a man named Jake discovers a portal that leads him back to 1958. After some research and experiments, he realizes he can alter history. On top of that, no matter how much time he spends in the past, only two minutes of the...