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☕️ McD's Malaysia - affected by boycott, eyes 2x growth to 750 outlets by 2030
Pharmaniaga awarded MOH concession, contract value confidential. 2024: Year of election for 76 countries. Samsung Galaxy AI phone - coming soon..
The Coffee Break
January 05, 2024
1. MARKET SUMMARY 📈
Information as of 0730 UTC+8 on Jan 5, 2024.
2. NUMBERS AT A GLANCE 🔢
Social media companies collectively generated over USD11 bil in advertising revenue from minors in the United States last year, as per a study from the Harvard T.H. Chan School of Public Health. The study indicates that YouTube earned the highest ad revenue (USD959 mil) from users aged 12 and under, followed by Instagram and Facebook. Instagram led in ad revenue from users aged 13-17, followed by TikTok and YouTube. The study estimates that Snapchat derived the highest proportion of its overall 2022 ad revenue from users under 18, followed by TikTok, YouTube, and Instagram.
Eight out of the ten most populous countries in the world will have their elections in 2024 — Bangladesh, Brazil, India, Indonesia, Mexico, Pakistan, Russia and the United States. In total, The Economist estimated that 76 countries are scheduled to hold elections this year. Elections in Bangladesh, Mexico, Pakistan, and Russia are unlikely to bring about regime change, according to the Economist Intelligence Unit (EIU), which classifies them as hybrid regimes or authoritarian. On the other hand, Brazil, India, Indonesia, and the United States are labelled as "flawed democracies," indicating that while their elections are free and fair with the potential for change, their political systems have notable weaknesses, as per the EIU classification.
The wealthiest 1% of the global population, consisting of 77 mil individuals, generates more carbon emissions than the poorest 66%, posing severe consequences for vulnerable communities and hindering global efforts to address the climate crisis. The study, the most extensive examination of global climate inequality to date, reveals that this elite group, including billionaires, millionaires, and those earning over USD140,000 per year, contributed 16% of all CO2 emissions in 2019. This level of emissions is associated with over a million excess deaths due to heat-related issues, as outlined in the report. It just goes to show that inequality is more than wealth.