News : 01/01/23

Sunday, January 1, 2023

Here is an interesting offer from our partners:

Dear Reader,

This is troubling.

Have you heard of COP26?

Almost nobody has.

Amid the distractions caused by lingering health issues, conflicts overseas, shortages, and inflation...

Treasury Secretary Janet Yellen recently took the stage at COP26 in Glasgow, Scotland to address some of the world's most powerful people, including:

U.S. President, Joe Biden...
British Prime Minister, Boris Johnson...
Canadian Prime Minister, Justin Trudeau...
French President Emmanuel Macron...
... and many more...

From the stage, Yellen called for world leaders to commit to a $150 trillion 'global transition' of our economy.

Since then, Bank of America has signed the accord, along with 131 countries, 234 cities, and 695 of the world's biggest companies.

Jeff Bezos and Elon Musk have invested in this 'transformation' as well.

What is it that Yellen, Biden, Trudeau, Bezos and Musk are pushing for?

And what does it mean for your money?

Investigative journalist and renowned economist, Nomi Prins has followed the money...

And what she's found is startling.

She says:

"While most Americans are distracted by mainstream media headlines calling for a stock market crash, I've found evidence that shows where the elites are spending $150 trillion to 'transform' the economy.

Most Americans will be shocked when they see what happens next."

I had to know more, so I scheduled an interview for Nomi to go deeper into the details of this 'transformation.'

She agreed to do the interview on one condition: she wanted to record it so she could get her message in front of as many Americans as possible before it's too late.

Go here to see how this 'transformation' will play out - and what it means for your money.

Regards,

Maria Bonaventura
Senior Managing Editor, Distortion Report

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Because it's never too late to retire early

Editor's Note: We're always looking for special opportunities for you. Here is a message from our colleagues you should check out.

This is causing a lot of controversy…

It's a new documentary called The Two Men Destroying America.

And a lot of powerful people would rather this exposé never saw the light of day. Chances are, they'll attempt to have it scrubbed from existence.

That's because it tells the true (and terrifying) story of how two men from New York have engineered a reset of not just your personal wealth, but the entire US economic system.

It's never too late to start saving,

Gordon Fox

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The Best of BoF: The Future of Work Takes Shape

WHAT YOU NEED TO KNOW TODAY: MONDAY, JANUARY 2, 2023

The BoF Team is taking a well-deserved break. In the meantime, our reporters and editors have selected the best articles we published in 2022 across our core topic areas of expertise. Today, we focus on Workplace & Talent. Look out for our agenda-setting analysis to return on January 3. Happy holidays!

Dear BoF Community,

Unpredictability continued to define the workplace and talent landscape in 2022 even as fashion leaders moved to put more parameters around fuzzily defined areas like remote work, sustainability and diversity, equity and inclusion.

Lingering effects of "The Great Resignation" fueled a talent crunch in critical functions like supply chain, technology, environmental, social and governance, finance and human resources. A persistent labour shortage was felt most at retail stores and among early career professionals and, taken altogether, left fashion executives and human resources leaders yielding to salary demands and expectations around flexibility not seen before in the industry.

The tumult even reached the C-suite: Gap Inc.'s Sonia Syngal, MatchesFashion's Paolo De Cesare and Lyst's Chris Morton all exited their posts in the same week in July. They joined a long and rapidly growing list that included The RealReal and Under Armour, whose CEOs departed in June, and Glossier, whose founder stepped aside in May. Before that, executive transitions occurred at Chanel, Alexander McQueen and Versace.

Efforts to diversify hit major hurdles, as it became increasingly apparent that fashion companies rushed the creation of new DEI-focused roles following 2020′s social justice protests. On the hiring front, excitement around NFTs and the metaverse waned alongside cryptocurrency prices, although companies will continue to invest in roles related to product innovation and tech that improves the customer experience in stores and online.

With a recession potentially on the horizon, it remains to be seen whether fashion leaders will resist the temptation to pare down on talent investments and, instead, stay the course by prioritising functions that fortify their businesses for the future.

— Sheena Butler-Young, Senior Correspondent