Hey there, good evening 👋🏻
A lot happened this week! ReadOn to find out what moved the markets and shook the world economy…
👉 Blockchain-based social media apps are here to threaten Facebook's monopoly.
The massive Facebook outage that took down three major social media platforms for hours this week has sparked countless memes, videos, and posts. But more importantly, it has once again sparked a conversation about how monopolies are harmful. ReadOn.
💰 The US is running out of cash. Can a $1 tn coin save it?
The US came dangerously close to running out of cash because the leading political parties couldn’t decide how to borrow more money. This raises a trillion-dollar question of whether the US can just print more money whenever it wants. ReadOn.
⚡ The world's most powerful economies are facing a power crisis. Why?
Countries like China, India, and the UK are all struggling to keep the lights on because of climate change and the solutions implemented to combat it. Most are now racing to secure alternative energy sources, while some are trying to innovate to make the power grid stronger. ReadOn.
📈 Tata Motors stock shot through the roof, giving 40+% returns. How?
Tata Motors shareholders had been frustrated with the stock's underperformance over the last few years. With Jaguar not performing and the supply chain being disrupted by Covid, nothing seemed to be going well. But, as they say, patience pays. A 42% rise in five days is bonkers for a Nifty50 company! ReadOn.
🍅 Why are tomato prices so high?
Tomato prices are rising through the roof, but just a few months back they were dirt cheap. The constant swings in supply and demand have been bad for both customers and farmers. But can this problem be solved? ReadOn.
🍫 A look at why KitKat isn't chocolate and Sachin is not a cricketer!
Everything is not as it seems, especially in these taxing times. But what could have prompted Sachin Tendulkar to say he wasn’t a cricketer? Simple: Taxes!
💸 Special Bonus: How Durga Puja earns $4.5 bn for West Bengal!
A look at why West Bengal believes Durga Puja is not just a festival but a way of life. ReadOn.
Let us know which piece was your favourite.😍
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Team ReadOn ❤️
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