FT News Briefing Friday, November 29
Nov 29, 2019
US political parties are innovating with technology to connect with voters through their supporters' phone contacts. Meanwhile, the EU grapples with global trade slowdowns impacting its economy. Interestingly, premium economy seats are now more profitable than business class for many airlines. Tensions between Japan and South Korea simmer, particularly regarding reparations for historical grievances, as victims face pressure to retract their claims.
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Relational Organizing
- US political campaigns are using apps to access voters' phone contacts.
- This relational organizing strategy is more effective than traditional methods.
EU Trade Vulnerability
- The EU's heavy reliance on trade makes it vulnerable to global slowdowns.
- Brexit and Germany's industrial downturn worsen the impact of US-China trade tensions.
Premium Economy Boom
- Airlines are prioritizing premium economy due to higher profitability than business class.
- This shift is driven by cost efficiency and increased demand for affordable comfort.