Bloomberg - Evening Briefing - China’s big dilemma

Everyone’s freaked out about China’s latest crackdown on crypto and the future of Evergrande Group, the beleaguered Chinese property developer trying to stave off default. Beijing has a dilemma—a bailout would condone reckless borrowing but allowing such a giant to founder could stir national discontent. Here’s why investors across the globe are so scared, but John Authers writes in Bloomberg Opinion that China isn’t spiraling toward another Lehman-style financial crisis. But others aren’t so sure. U.S. banks seem to have dodged a bullet in this particular disaster for now. Bridgewater founder Ray Dalio calls the situation manageable.

What you’ll want to read this weekend

Kermit the Frog had it wrong—it’s easy being Green. At least that’s according to U.K. Prime Minister Boris Johnson, who also told leaders gathered for the United Nations General Assembly that when it comes to the climate crisis, humanity needs to grow up. President Joe Biden pledged the U.S. would double funding to developing nations to fight global warming. But these interactive maps suggest it may all be coming too late.

This map shows how many nights above 20°C (68°F) the Middle East, northern Africa, southern and western Asia, and Europe may see in 2.5°C of global warming.

Pregnant women pass on high levels of Covid-19 antibodies to their babies, a finding that could help overcome vaccine hesitancy in a U.S. cohort with only a 30% inoculation rate. Meanwhile, the debate  rumbles on over whether widespread booster shots are necessary.

The dream of owning a home anywhere in the world is increasingly out of reach, with democratic and authoritarian governments alike struggling with the fallout. Another global fiasco that badly needs fixing: the cost and availability of child care.

A housing protest in Dublin in September. Ireland still bears the scars of a crash triggered by a housing bubble.

Photographer: Brian Lawless - PA Images/PA Images

Bah Humbug! The most popular toys this holiday season may sell out by November’s traditional Black Friday maelstrom in the U.S., thanks to global supply-chain hangups. A lack of workers in China and bottlenecks getting containers onto ships are contributing to shortfalls.

Plant-based pork fried rice anyone? A meatless pork product is coming to a restaurant near you in the U.S., Singapore and Hong Kong. If entertaining at home, the charcuterie board seems to have moved on from saucisson sec and camembert to nachos, candy, and even doggy snacks. The big question for the Big Apple’s post-coronavirus restaurant landscape: Will outdoor street dining stay?

What you’ll need to know next week

  • The U.S. government’s funding deadline may get an extension.
  • Fed Chair Powell, Treasury Secretary Yellen testify to Congress.
  • Germany is about to bid farewell to its first female chancellor.
  • In Japan, two women are in contention to become prime minister.
  • Google will challenge the European Union’s record antitrust fine.

What you’ll want to see in Bloomberg Digital Video

The Dark Side of the Skin Lightening Industry 

The Black Lives Matter protests put a spotlight on marketing pitches and consumer products with bigoted legacies. But across Asia, abandoning the whiter-is-better marketing pitch hasn’t been as straightforward, Bloomberg Businessweek reports. From Japan to India to the Philippines, pharmacies and cosmetics counters peddle all sorts of body moisturizers, face creams and serums that promise to lighten skin, playing off the racist belief that a light complexion denotes status.

Some whitening products in Asia, in new and old packaging.

Photographer: Dhiraj Singh/Bloomberg

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Bloomberg New Economy Conversations—Getting to Net Zero:  The cost of scaling up renewable energy has fallen dramatically. Is 2021 the year in which we’ll see major investments in areas like green hydrogen, carbon capture and other technologies needed to prevent environmental catastrophe? What are the most promising new areas and who is at the forefront? Join New Economy Editorial Director Andrew Browne on Sept. 28 at 10 a.m. as he discusses these issues with HSBC Group Chief Executive Noel Quinn, Hyundai Motor Co. Vice President of New Energy Business Development Jae-Hyuk Oh, and others. Register here.

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China crushes crypto

Friday, September 24, 2021

Bloomberg The world's second largest economy dealt another big blow to crypto Friday. China banned all cryptocurrency transactions and mining. It's a significant turning point in a multiyear

China lays down the law

Thursday, September 23, 2021

Bloomberg China's financial regulators laid down the law for Evergrande Group. They told the struggling developer to do whatever it takes to avoid a near-term default on dollar bonds. Beijing also

Powell makes the big call

Wednesday, September 22, 2021

Bloomberg In a highly anticipated announcement, Federal Reserve Chair Jerome Powell said he would begin removing the training wheels from the US economy as soon as November. The pandemic lockdown and

Mysterious Goldman bankers

Tuesday, September 21, 2021

Bloomberg It's time for global cooperation on the climate crisis, Covid-19 and other urgent issues, Joe Biden proclaimed in his United Nations debut as US president. His speech at Tuesday's

Robinhood’s big move

Monday, September 20, 2021

Bloomberg Robinhood Markets is testing a new crypto wallet and cryptocurrency transfer feature for its app, a long-awaited move that will make it easier for customers to send and receive digital

How 'Bout Them Cowboys

Tuesday, September 28, 2021

Dallas Destroys Philly on MNF. Wild Card Series to Watch. NBA Media Day Takes a Turn... ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Some Advice: Jump on the Ajax Bandwagon Before It's Too Late

Tuesday, September 28, 2021

Remember three years ago? This team might be even better ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Accent-Color, FettePalette, Access Guide, Colorblind Accessibility, Self Provisioning

Monday, September 27, 2021

The 5 best design links, every day. Curated by a selection of great editors. Email not displaying properly? View browser version. Sidebar September 27 2021 Simplifying Form Styles With accent-color

[Inverted Passion] All new products compete with Instagram for attention

Monday, September 27, 2021

Here's a new post on All new products compete with Instagram for attention By Paras Chopra on Sep 26, 2021 02:17 am You get pitched by other companies all the time. It's

GitLab S-1 Analysis: How 7 Key Metrics Stack Up

Monday, September 20, 2021

Tomasz Tunguz Venture Capitalist at Redpoint If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here.​ ​GitLab S-1 Analysis: How 7 Key Metrics Stack Up​

CryptoPage Newsletter - Issue 100

Monday, September 20, 2021

Crypto Daily News - September 20, 2021 View on the Web Archives ISSUE 100 September 20th 2021 Crypto News JPMorgan Strategist Estimates Ether's Fair Value at $1500 Amid Competition From '

Crypto rules are coming

Saturday, September 18, 2021

Bloomberg Follow Us Get the newsletter Crypto fans need to prepare for stricter rules from US regulators, because they're coming soon. In China, Beijing's campaign against the funny money is

Google, Apple remove Navalny app from stores as Russian elections begin — and Gitlab S-1

Friday, September 17, 2021

Issue #529 — Top 20 stories of September 18, 2021 Issue #529 — September 18, 2021 You receive this email because you are subscribed to Hacker News Digest. You can open it in the browser if you prefer.

Tedious Failures, Revisited 🙊

Friday, September 17, 2021

How a failed comedy music career became a secret success. Here's a version for your browser. Hunting for the end of the long tail • September 17, 2021 Hey all, Ernie here with a piece by David Buck

Your weekly ideas from 💡 Ideas AI

Sunday, September 12, 2021

Here's your weekly startup ideas generated by OpenAI from 💡 Ideas AI: Sponsor: You don't need to go back to the office! Find a remote job on Remote OK and work from anywhere 1. A team