{"id":622106,"date":"2018-11-27T04:21:50","date_gmt":"2018-11-27T04:21:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/27\/miscellany-on-27-november-2018-brexit-outflows-bitcoins-dead-cat-bounce-the-death-of-the-montreal-bagel\/"},"modified":"2018-11-27T04:21:50","modified_gmt":"2018-11-27T04:21:50","slug":"miscellany-on-27-november-2018-brexit-outflows-bitcoins-dead-cat-bounce-the-death-of-the-montreal-bagel","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/27\/miscellany-on-27-november-2018-brexit-outflows-bitcoins-dead-cat-bounce-the-death-of-the-montreal-bagel\/","title":{"rendered":"Miscellany on 27 November 2018: Brexit outflows, bitcoin\u2019s dead-cat bounce, the death of the Montreal bagel"},"content":{"rendered":"<p><strong>In miscellany this AM:<\/strong><\/p>\n<p><strong>More than USD 1 tn has flowed out of UK-focused equity funds since Brexit<\/strong> and a survey this month by asset manager Schroders of 400 asset managers found that 35% of participants\u2019 clients \u201chad either moved assets out of the UK this year or were considering doing so, up from 21% in the previous year\u2019s survey.\u201d (<a href=\"https:\/\/www.ft.com\/content\/b610a4fe-35ce-3cf5-a74b-fa17bdcb76cd\">FT<\/a>)<\/p>\n<p><strong>Dead-cat bounce for bitcoin? <\/strong>Bitcoin lost more than 12% on Sunday before <a href=\"https:\/\/www.coindesk.com\/bitcoin-price-bounces-15-after-14-month-low\">rebounding 15% yesterday<\/a> from a 14-month low as the cryptocurrency is buffeted in a \u201c<a href=\"https:\/\/www.reuters.com\/article\/us-crypto-currencies\/bitcoin-sinks-as-cryptocurrency-sell-off-gathers-pace-idUSKCN1NV118\">broad-based selloff in digital currencies as sentiment sours<\/a>.\u201d Does that mean crypto is on the way out? Nope. But there\u2019s a shakeout taking place: An estimated 600-800k bitcoin miners have shut down since mid-November amid declines in price and hashrate, <a href=\"https:\/\/www.coindesk.com\/600k-bitcoin-miners-shut-down-in-last-2-weeks-f2pool-founder-estimates\">Coindesk adds<\/a>.<\/p>\n<p><strong>The world, built by China <\/strong>looks at some 600 major and mega projects that Beijing has financed in the past decade through grants, loans and investment. The quick, graphical overview shows how China\u2019s infrastructure ambitions go significantly beyond even the Road and Belt program about which we hear so much. (<a href=\"https:\/\/www.nytimes.com\/interactive\/2018\/11\/18\/world\/asia\/world-built-by-china.html\">NYT<\/a>)<\/p>\n<p><strong>Is the Montreal bagel (the only bagel that may claim to be a real bagel) in its last days? <\/strong>That\u2019s the premise for a long meditation that uses the bagel as a way into a wider discussion of gentrification, the \u201cend of the industrial city in North America,\u201d and the intersection of public health and one\u2019s taste buds. A must-read even for non-Canucks, though if you prostrate yourself to St. Viateur Bagels, it\u2019s a particularly satisfying read. (<a href=\"https:\/\/www.theglobeandmail.com\/opinion\/article-the-death-of-the-montreal-bagel\/\">Globe & Mail<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In miscellany this AM: More than USD 1 tn has flowed out of UK-focused equity funds since Brexit and a survey this month by asset manager Schroders of 400 asset managers found that 35% of participants\u2019 clients \u201chad either moved assets out of the UK this year or were considering doing so, up from 21% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[2393,116,344,72,7111,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622106","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-brexit","tag-china","tag-cryptocurrency","tag-enterpriseam","tag-infrastructure","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"a46e96ac-58b2-4ab2-aa77-579c219d3bfb","order":"0","is_powered_by":true,"section_story_id":"c03c15ab-f588-4e31-9812-07dc0ca57331","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622100],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Though still early days, summer 2019 bookings indicate travelers were \u201cshifting to Turkey, Tunisia and\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604712,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/what-were-tracking-on-11-december-2018\/","url_meta":{"origin":622106,"position":1},"title":"What we\u2019re tracking on 11 December 2018","author":"enterpriseam admin","date":"11 December 2018","format":false,"excerpt":"The EFG Hermes Egypt Day Summit gets underway today and runs through Thursday at the Four Seasons Nile Plaza. Chief executives at public and private companies as well as multinationals will gather tonight for the firm\u2019s annual EFG Hermes Egypt CEOs Gala Dinner. Also attending are some of the most\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601900,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/13\/what-were-tracking-on-13-march-2019\/","url_meta":{"origin":622106,"position":2},"title":"What we\u2019re tracking on 13 March 2019","author":"enterpriseam admin","date":"13 March 2019","format":false,"excerpt":"The Federation of Egyptian Industries is kicking off an African tour series this week that will see a delegation head to Zambia and South Africa. It\u2019s the first of what the federation says will be six to eight visits to other African countries this year to stump for business. The\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":605008,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/what-were-tracking-on-18-december-2018-2\/","url_meta":{"origin":622106,"position":3},"title":"What we\u2019re tracking on 18 December 2018","author":"enterpriseam admin","date":"19 December 2018","format":false,"excerpt":"Has the year-end news slowdown begun? It\u2019s exactly one day early, but it feels as if news flow fell off a cliff yesterday. Not that we\u2019re complaining. If the pattern holds, you can expect a bounce a week from now ahead of the Central Bank of Egypt\u2019s next interest rate\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604580,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/egypts-nassar-uks-donaldson-adams-discuss-post-brexit-cooperation\/","url_meta":{"origin":622106,"position":4},"title":"Egypt\u2019s Nassar, UK\u2019s Donaldson, Adams discuss post-Brexit cooperation","author":"enterpriseam admin","date":"6 December 2018","format":false,"excerpt":"Post-Brexit trade between Egypt and the UK kicks into gear: Trade and Industry Minister Amr Nassar discussed post-Brexit economic cooperationwith UK trade envoy Sir Jeffrey Donaldson and UK ambassador to Egypt Sir Geoffrey Adams, according to a ministry statement (pdf). The post-Brexit era will focus on joint projects in manufacturing,\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621995,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/miscellany-on-25-november-isolated-tribe-regular-exercise-how-to-talk-to-your-teenager\/","url_meta":{"origin":622106,"position":5},"title":"Miscellany on 25 November: Isolated tribe, regular exercise, how to talk to your teenager","author":"enterpriseam admin","date":"25 November 2018","format":false,"excerpt":"In miscellany this morning: We\u2019re more fascinated than we should be with the story of an isolated tribe killing a foreign missionary with bows and arrows. The killing took place on a remote island in the Andaman Sea controlled by India as the American tried to land and meet with\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=622106"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622106\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/622100"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622106"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622106"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}