We know Taylor Swift concerts generate billions in consumer spending. And we now know that countries are willing to pay dearly for this advantage, at the cost of letting their neighbors miss out. Earlier this week, Singapore Prime Minister Lee Hsien Loong confirmed that the country's tourism board paid an undisclosed sum, estimated at nearly … Read more
Taylor Swift performs at the National Stadium in Singapore on March 2, 2024. Ashok Kumar/TAS24/Getty Images for TAS rights management Deflation in China is intensifying. Japan is in recession again. North Korea appears to be preparing for some kind of war. Current and former leaders of the Philippines are brawling. The Thai economy is contracting. … Read more
Bad actors continue to use deep fakes for everything from celebrity impersonation to money scams. The latest case occurs in Hong Kong, where a financial employee of an undisclosed multinational company was tricked into sending 200 million Hong Kong dollars ($25.6 million). According to Hong Kong police, fraudsters contacted the employee posing as the company's … Read more