Morning Brew Daily Why War in Middle East Could Lead To A Global Recession & Rite Aid Goes Bankrupt
Oct 16, 2023
Tensions in the Middle East could drive global markets into turmoil, especially impacting oil prices. Rite Aid's bankruptcy unveils the crisis facing the pharmacy industry as it struggles against bigger competitors. Netflix is making waves by entering the retail scene with immersive experiences tied to its shows. The conversation dives into the challenges streaming platforms face in replicating past successes, while also reflecting on Disney's hurdles in adapting to modern media. Plus, the rise of influencer boxing adds a quirky twist to entertainment trends.
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Wedding Speech Tips
- Keep wedding speeches short and roast lightly.
- Incorporate unique elements, like an audiobook format, and avoid reading from your phone.
Global Instability
- JPMorgan CEO Jamie Dimon considers the current global situation the most dangerous in decades.
- He cites the Israel-Hamas war and the Ukraine conflict as major threats to the global economy.
Economic Vulnerability
- The world economy is vulnerable due to various factors.
- These include the Middle East conflict, US interest rate and inflation concerns, and a leaderless US Congress.
