Washington Post (October 28)
“Africa has an even worse problem than the United States with aging politicians who won’t let go.” It may demographically be “the youngest continent,” but Africa “remains dominated by old men who long ago lost touch with popular sentiment. Already the world’s oldest head of state, Biya will be almost 100 if he finishes his eighth term. Togo’s president is 86. Malawi’s is 85. The Ivory Coast’s is 83. This gerontocracy creates a combustible situation that all but assures future conflict.”
Tags: 100, 83, 85, 86, Africa, Aging politicians, Biya, Combustible, Demographically, Dominated, Future conflict, Gerontocracy, Ivory Coast, Malawi, Old men, Popular sentiment, Togo, U.S., Youngest continent
The Economist (September 18)
For years, digital advertising has been “largely impervious to the business cycle” and “dominated” by Google and Meta. These “verities” may be falling as companies tighten marketing budgets. “Until recently, that would have meant cutting non-digital ads but maintaining, or even raising, online spending. With most ad dollars now going online, that strategy is running out of road. Last quarter Meta reported its first-ever year-on-year decline in revenues. Snap, a smaller rival, is laying off a fifth of its workforce.”
Tags: Business cycle, Decline, Digital advertising, Dominated, Google, Impervious, Marketing budgets, Meta, Non-digital ads, Online spending, Revenues, Rival, Snap, Strategy
