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London, Buenos Aires, and maybe a desert in the middle

"Men are born ignorant, not stupid. They are made stupid by education." - Bertrand Russel

THE MUSTS

World

nostros hermanos felicitos

 Argentines are emerging from poverty

 Our fellow argentines ended 2025 with surprising data: poverty in the country fell by more than 10 percentage points in just 12 months.

  • According to official projections, the index fell from 38.3% to 27.5%—the lowest level since 2018. To give you an idea, poverty stood at 54.8% at the beginning of 2024.

Another indicator of the improved quality of life for the poorest is that millions of Argentines have left extreme poverty in just over a year. The portion of the population that did not have enough income to buy basic food fell from 20% at the beginning of 2024 to 5.4% now.

What explains this turnaround?

The main factor is the drop in inflation. When Milei took office, the country was flirting with hyperinflation, had a high deficit, multiple exchange rates, and a discredited currency. The government bet on tough fiscal and monetary adjustments—and the effects began to show in people's pockets. With more stable prices, incomes began to cover the basic basket of goods more easily.

Metaphorically speaking, it is as if Argentina is showing signs of “coming out of intensive care” with clear projections for an optimistic and promising future. It remains to be seen whether this will actually materialize.

What else in on
  • Australia: Australia's most populous state passed new gun and anti-terror rules following the mass shooting on Bondi Beach, tightening firearm ownership, banning public display of terror symbols and strengthening police power to curb protests. (Read)

  • Denmark: becomes the first European country to stop delivering letters. This makes Denmark the first country in the world to decide that physical mail is no longer either essential or economically viable. (Read)

  • Colombia: The country declared state of emergency. The measure was signed after the government failed to pass a tax package in Congress. (Read)

  • Brazil: Rio de Janeiro enters the Guinness Book of World Records as the world's largest New Year's Eve celebration. (Read)

 

Economy & Business

things are changing for everybody

Are consulting firms undergoing a makeover?

The largest consulting firms may be considering hiring fewer junior employees, changing completely their traditional business model.

These companies typically employ thousands of younger employees and then cut them— the “move up or move out” culture. But now, the game seems to be changing...

Consulting services have increasingly involved implementing artificial intelligence systems and less strategy development. This requires more senior professionals and fewer young people who have just left college.

  • To give you an idea, starting salaries at the so-called Big Four (Deloitte, EY, KPMG, and PwC) have not increased since 2022. Together, they employ around 1.5 million people worldwide.

In addition, the more traditional positions in this segment — always seen as a desirable place in the job market — have functions that are easily performed by AI, such as data analysis and presentation creation.

  • One of PwC's leaders stated that the company will not achieve its goal of increasing the number of employees by 100,000 by 2026. This goal had been set five years before the launch of generative AIs.

Some point out that the workforce will no longer have a pyramid shape, but will instead become an “obelisks” — that is, with a much narrower base of junior employees. Hope you were not applying to be a consultant buddy…

What else is on:
  • Disney: Mickey's company recently announced a $1 billion investment in OpenAI, as well as an agreement that releases over 200 Disney characters’ to Sora, ChatGPT's video generator. (Read)

  • Coca-Cola: Appoints Brazilian Henrique Braun as New CEO. With 30 years at the company, the executive has led operations in China, Korea, Brazil, and Latin America. (Read)

  • Ford & Renault: The two automakers have announced an agreement to develop and produce low-cost electric cars in Europe, with the first model scheduled for 2028. The vehicles will be manufactured in France, within Renault's industrial structure. (Read)

 

Technology & Science

i know you guys love a good list

The year of Innovation 2025

 

Sometimes, it feels like humans have already thought of every invention that could exist—but then some smarty-pants comes up with something new that changes our lives. This year, the whiz kids among us created biodegradable coffins, figured out how to 3-D print replacement rotator cuffs, built the world’s largest roller coaster, and much more.

Below are the top inventions and innovations from the past year, ranging from smartphone apps to lunar landers—as well as some of the creative companies turning these ideas into realities.

Innovations and inventions

Folk-dancing humanoid robots grabbed headlines this year, but some less flashy inventions could have major impacts. Think: new hormone-free IUDs, redesigned emergency-transport cots, and wood that’s stronger than steel.

Scientific breakthroughs

A hidden moon orbiting Uranus sounds like the punchline of a seventh-grader’s joke, but NASA actually found one this year. Despite facing layoffs and funding cuts, scientists managed to advance specialities from AI to zoology.

Companies pushing the envelope

AI firms dominated the lists of the most creative companies winning the biggest investments, and Perplexity AI in particular was a top call-out among startups.

Quite a lot but super interesting to check a few of them at least 🙂 

EDITOR’S RECOMMENDATIONS

Books

Everyone seems to have a clear idea of how other people should lead their lives, but none about his or her own

 The Alchimist by Paulo Coelho: This is a book I had been dating for a while. Mostly because — and this still makes me laugh — The Alchemist is surprisingly famous here in Italy. In fact, I think most of my Italian friends have read it. Meanwhile, back in Brazil, many of my friends haven’t (at least as far as I know).

  • And there I was: a Brazilian living abroad, surrounded by Italians who had read one of the most translated and best-selling books in the world — written by the most famous Brazilian author of all time — while I had read absolutely nothing by Paulo Coelho.

For context: The Alchemist has sold tens of millions of copies worldwide, has been translated into more than 80 languages, and consistently appears on lists of the most influential and best-selling books of all time.

So I finally picked it up.

I read it during my trip to Brazil, and a little after — which, in hindsight, feels exactly right. The Alchemist is a book about purpose, personal destiny, and the courage it takes to follow your own path. About listening to that quiet inner voice that tells you where you’re supposed to go — even when it doesn’t make logical sense. And that message landed very close to home for me at that moment.

  • Honest review: I liked the first part more than the second. The beginning felt more grounded, more curious, more alive. As the story progresses, the message becomes clearer — maybe a bit too clear at times. Paulo Coelho isn’t subtle, and at least for me, he occasionally pushes the metaphor just a little too hard.

But… it works.

The metaphors are simple, yet they carry weight. The idea of a “Personal Legend,” of the universe conspiring when you truly commit to your journey, of learning to read the signs life gives you — all of it can feel basic on the surface, but surprisingly deep when you encounter it at the right moment in your life.

  • There’s a tendency to dismiss The Alchemist as a children’s book, or as something overly spiritual or optimistic. But I actually think it’s a very adult book. Not because it’s complex — but because it demands honesty. It asks uncomfortable questions about fear, comfort, and how often we betray our own dreams in the name of safety.

I’m convinced this is the kind of book that changes depending on when you read it. Read it at 18, and it’s about dreams. Read it at 30, and it’s about courage. Read it later, and it might be about regret — or forgiveness.

I’m glad I finally stopped dating it — and committed. (Rating: 8/10)

WHAT ABOUT ME?

Micael

London calling to the fareway towns

Hi Tanamesars,

I hope you had a beautiful holiday season and that you’re feeling at least somewhat ready to get back on track (I know I’m not). What can I say? After two consecutive years with a very unhappy stomach on New Year’s Eve, this year everything finally aligned: good company, good food, and a truly special place. The NYE I deserved at last.

  • This time, as you know, I went to the UK to visit a friend — and it turned out to be such an amazing trip. I’ve been to London a few times before, but if I’m honest, the city never really spoke to me. Until now. This time, we clicked. Me and London were in sync. The city felt alive, the Christmas atmosphere was beautiful, the people I encountered were warm — and, truth be told, I could actually see myself living there. Something I never would have said before.

Most of you don’t know this, but when I graduated from university, I had two job offers on the table: one in Milan and one in London. I even traveled there at the time to see the company and imagine a life in the city — and back then, I really couldn’t. Life turned out very well with the choice I made, but it’s interesting to think about how places change for us depending on where we are in life, isn’t it?

This happens with music too. How many times have you listened to a song and felt nothing — only to rediscover it years later and suddenly feel seen by it? The lyrics hit differently. You finally get it. That’s exactly what happened with London. I never understood people’s obsession with it; to me, it was just a cloudy, rainy island full of rugby players. But now… I get it. I found the charme. And if the right opportunity ever came along — why not?

Starting the year traveling is something I really cherish. I know it’s an expensive time to leave the country, but breaking the routine at the beginning of a new year feels essential — like a breath of fresh air that helps you reassess your life and the direction you want to take. So here’s my unsolicited advice: take that trip. Plan ahead, make it happen, and go.

I was also reminded that the UK is much more than just London. This time, I visited Oxford and Bath as well — both wonderful surprises. Bath, especially, is a must for a day trip. Such a lovely city that I can’t recommend enough.

Now it’s time to rest, sleep well, and get ready for whatever adventures this year has in store — which I’m sure will be more than we can imagine.

With love,

Micael.

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