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Which Chanel? Which Mambo? Number 5 of course.

Birds born in a cage think flying is an illness. - A. Jodorowsky

THE MUSTS

World

that’s why afrobeats are so trending right now

An increasingly African World

If the rapid pace of childbirth continues, one in every four people on the planet will be African by 2050. Africa's population is expected to reach 2.5 billion.

The UN estimates that a third of all the world's young people will come from there in 25 years' time. By 2030, the region will have the largest workforce in the world, surpassing China and India. This is even more impressive when you consider that only 8% of the world was African in 1950.

The main reason? A clear improvement in quality of life. Infant mortality has dropped considerably, 1 million people are entering the job market every month and Africans are eating and living more than ever before.

Population grows, challenges arise: The big question is how to manage unrestrained growth. In Nigeria - Africa's most populous nation - almost two thirds of the population live on less than US$2 a day, and life expectancy is 53 years.

Fast Facts
  • Pastel de Belem kind of crisis. Portugal's president dissolves parliament after prime minister resigned for corruption scandals.

  • Playing Dangerously. Putin revokes Russian ratification of global nuclear test ban treaty.

  • World Cup 2034. Gianni Infantino confirms Saudi Arabia as 2034 World Cup host.

  • Venezuelan Democracy. An agreement signed last month between Nicolas Maduro and members of the opposition raised hopes of an openly contested presidential election next year.

  • Humanitarian Corridors. Resolution for ‘humanitarian pauses’ on the Gaza Strip passed at the UN

Economy & Business

I see it, I like it, I want it, I got it

Billionaires are getting deep into politics

Evidencing the growing power and influence of the super-rich, a study showed that more than 11% of the world's billionaires have run for election or become politicians. The study concluded that in various ways, "multimillionaires tend to play significant roles in the political systems of their countries, included but not limited to the presidency".

  • In the US: In addition to Donald Trump in 2020, Michael Bloomberg and Tom Steyer tried for the Democratic nomination. Last year, Rick Caruso lost an election for mayor of LA by spending $104 million on his campaign.

  • Global movement: Terry Gou - founder of Foxconn - is running for president of Taiwan. There's also the late Silvio Berlusconi in Italy and other big names in Thailand, Chile, Lebanon, Czech Republic and the new president of Equador discussed two editions ago.

Personal opinion - Let’s put everything into context: We are living a period where the European Union is constantly fighting with Meta over the protection of citizens' data. Alphabet (the company that owns Google) is currently in one of the biggest anti trust trials in modern history. NASA and the Pentagon are heavily dependent on Musk-owned SpaceX for US national security. Although it might seem a bit obvious, the main shareholders of these companies are already infinitely more powerful and influential than many world leaders. With actual seats in the administration and increasing power, who is going to ensure that our governments are defending the interests of its citizens and not the interests of private companies and a select group of individuals?

Fun fact: With 116 billionaires in government, China has the highest proportion of the super-rich in politics at 36%.

More about them:
  • Pack your bags. A group of Silicon Valley tycoons just finished buying all the land needed to build the “perfect city”. The project, called “California Forever”, will focus on sustainable homes, prosperous jobs and high education.

  • Huge Buffet for Mr. Buffett. Berkshire Hathaway, Warren Buffett's company, recorded the highest operating profit in its history: 10.7 billion dollars, driven by the impact of high interest rates, fixed income strategies and gains in the insurance business.

  • We lost one of the good ones. Charles Feeney, the billionaire co-founder of Duty Free Shoppers, died at 92 last month. I wanted to take a moment here to give my respects since he was one of my personal favorite billionares 💔 .

    • Feeney rented a two-bedroom apartment, took public transit, and flew economy until he was 75 (a bit of a stretch this last one), donating almost all his fortune to various causes like death penalty abolition and peace efforts to end sectarian violence in Northern Ireland.

    • Unlike most billionaire philanthropists… Feeney made many of his contributions anonymously, often using cashier’s checks to hide their origin.

 

Culture & Life - Gen Z edition

I was going to abbreviate stuff but you probably wouldn’t understand

How much do you know about the next generation?

 

I love my young friends and fellow Gen Zers. However, one complain that I constantly hear about them is that they're lazy, that they don't want to work, that they’re nauseating, or that they’re easily irritated. This is far from true..… they are not nauseating. 😄 

In all seriousness, I truly admire this emerging generation. They hold strong values, know what they want, and raise valid questions about the world they've inherited. Therefore in this edition I decided to bring some interesting not-so-obvious facts about them:

  1. Financial Savvy: Over half of Gen Z is already into investing, with 82% starting before turning 21—more than Gen Y or X. Despite their impatience, they are also the most financially literate, thanks to social networks and educational videos. Not to mention the ease with which they can invest with just a few clicks - something that was unimaginable when their parents were starting out. If its hard for you to buy your first house…. imagine for them.

  2. Changing Drinking Habits: Gen Z is rewriting the script on alcohol consumption. Health concerns, changing tastes, and a pursuit of healthier choices have led to a huge decline in interest in alcohol. Market wise, the nonalcoholic beverage market has boomed, doubling since 2020. And let’s not forget that global wine production is at its lowest since 1961, and excess wine is already being repurposed for cleaning products.

  3. Urban Exodus: Unlike the traditional dream of moving to the big city, Gen Z is opting for remote areas and embracing a closer connection to nature in both China and the US. Cost of living, work/life balance, and security are driving this shift. Interestingly, different from my personal habits back then, teens today want their parents to track their location, prioritizing safety in scenarios like first dates and late-night walks.

Some major cities like London, Manchester, and Liverpool are already losing their appeal. The percentage of the population aged 18-34 has dropped, and a recent survey reveals that almost half of London's 18-24 year olds plan to leave the city in the next decade.

EDITOR’S RECOMMENDATIONS

Self Development

Sleeping is your superpower

How big are your testicules?

That's the first question Matt Walker uses to set the stage for his TED. We all know sleeping is important. But how much?

Those who don't get adequate sleep retain 40% less information than their well-rested peers. This translates to a 40% reduction not only in learning but also in the capacity to recall day-to-day experiences. It's as though you're 40% less engaged with life itself. And it's worth noting that as a society, our sleep habits are deteriorating over time. Kind of a concerning trend, isn't it?

Another fun fact: Ever noticed how we gain an extra hour of sleep when daylight saving time (DST) ends? On that day, we observe a reduction of over 20% percent in heart attacks, suicides, and car accidents. All thanks to that extra hour of sleep.

I could delve into more captivating facts, but I wouldn't want to spoil the incentive for you to watch it yourself. (Rating: 9,5/10)

SHOW ME YOUR SMILE

Fun

random things you might like

A massive sand dune we came across while exploring the Valle de la Luna in San Pedro de Atacama, Chile. If you look very closely, there are other explorers on the opposite side of the dune that will give you some scale of the landscape.

WHAT ABOUT ME?

Micael

being myself is a state of mind

This is the my most personal text I've written here so far. I've just finished the fourth and final season of "Sex Education". And I can't help but share how this season left me in tears in nearly every episode. The show isn't overly dramatic though - It has a light-hearted vibe while addressing some significant issues - I’m just a big crier.

Context: "Sex Education" is a Netflix series that dives deep into vital topics for teenagers. We're talking about issues like transgender experiences, disabilities, abusive relationships, gender, religion, unsupportive parents, self-love, and problems that go way beyond sex.

This season hit me hard, but not because of the characters or the show itself. But because every episode felt like a flashback to my younger self. Back then I was struggling with so many internal demons about my identity and sexuality - while dealing with the external demons of a very homophobic family and a conservative mother. I didn't like myself for a long time because of them. I felt wrong. And the world can be a painfully lonely place when you feel like you are flawed.

Whether at school, at church or at home, there wasn’t a safe place. And even being young, we learned to pretend that we don’t hear. That we don’t care. The whispers at Christmas lunch, the unsteady looks of our parents’ friends, the gossips in the corridor. All the anger and resentment toward us.

Here’s a thing no one knows: When I was a little kid - and didn't even know what sexuality was - I used to fall asleep on my knees while praying. After saying goodnight to my mother, I prayed fervently to God, until I fall asleep. I remember pouring all my heart and soul into a thought, believing that if I wished hard enough, it might reach God's ears:

Please, God, if I'm gay like everyone seems to think, take it away. Change me.

I felt utterly alone back then, desperate to change who I was.

In fact, one of the biggest challenges I faced afterwards was learning who I am beneath all the layers I used to built up. How do I speak when I am not forcing a more masculine tone? How would I like to dress if I wasn't trying to dress like everyone else? It was a daily exercise to search the answers and start the process of allowing myself to just be.

Fast forward a few years and now I'm finally getting to know myself, a bit more everyday, and I ultimately understand why you guys like me so much: I really am an incredible person. Some might say almost an utopic state of mind. 🤭 

 It is heartwarming to think that countless pre-teens will watch this show and recognize themselves in the character's struggles. I adore the fact that kids today won't spend hours praying to be someone they're not. And I truly wish the next generation of parents teach them about self-love and acceptance from day one, as they were supposed to. 

Micael. 

ps: Despite coming from a conservative family, I do need to point out how lucky I was to have an amazing father who ignited the spark of self-esteem that I have today (some might say in excess...). And a special shoutout to Rodrigo, my guiding star through the labyrinth of understanding my sexuality, self-discovery, and self-love. I love you both.

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