Reuters (July 1)
“One way of looking at the euro zone is as a forest where dry tinder is piling up. The locals are not doing much to clear the debris, and some are wandering around with naked flames. But they know it would be foolish to throw lit matches on the forest floor.” There are rising risks of a new euro crisis, “but the conditions are probably not ripe to trigger one yet.”
Tags: Clear, Conditions, Debris, Dry tinder, Euro crisis, Flames, Foolish, Forest, https://www.reuters.com/breakingviews/risk-euro-crisis-is-rising-2024-07-01/ Euro zone, Locals, Matches, Rising risks, Trigger
The Week (June 28)
“There may be no bigger scramble in business right now than the race to dominate retail media,” which is expected to “account for more than a fifth of all digital ad spending in 2024.” The stakes are high. Amazon, for example, “earned $46.9 billion from retail ads,” which was more than all of Coca-Cola’s global revenue “and makes Amazon the third-largest advertising platform in the United States, behind only Google and Facebook.”
Tags: $46.9 billion, 2024, Advertising platform, Amazon, Business, Coca Cola, Digital, Dominate, Facebook, Google, Race, Retail media, Scramble, Spending, U.S.
