{"id":645634,"date":"2017-07-26T04:14:01","date_gmt":"2017-07-26T04:14:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/what-were-tracking-on-26-july-2017\/"},"modified":"2017-07-26T04:14:01","modified_gmt":"2017-07-26T04:14:01","slug":"what-were-tracking-on-26-july-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/what-were-tracking-on-26-july-2017\/","title":{"rendered":"What we\u2019re tracking on 26 July 2017"},"content":{"rendered":"

That VIX play we noted yesterday<\/a> looks momentarily less likely to pay off amid good news out of the US of A: Results from McDonald\u2019s and Caterpillar point to a continued strong economic recovery. <\/strong>\u201cMcDonald\u2019s has reported its best showing for global comparable sales in five years \u2026 [saying] it drew more Americans into its restaurants in the three months to the end of June, the first time in years,\u201d the Financial Times notes<\/a>. McD\u2019s (or Magdy\u2019s, as we prefer) also reported good non-US sales. Caterpillar, the world\u2019s largest heavy machinery maker, meanwhile boosted its outlook for the year based on a good global sales and \u201cdespite sluggish infrastructure spending in the U.S. and weakness in Brazil and the Middle East,\u201d the Wall Street Journal reports<\/a>.<\/p>\n

Fintech is the flavour of the day<\/strong>, and we\u2019re left thinking that Egypt and the rest of the Arab world still haven\u2019t caught on to how fundamentally it will transform our lives \u2014 as consumers, savers, investors and business leaders. Notes Reuters:<\/a> \u201cVenture capital investment in financial technology companies grew 38 percent globally in second quarter of 2017 from the same period last year, according to new data released by CB Insights. Fintech firms raised USD 5.19 bn from 251 [transactions] in the three months ending in June.\u201d<\/p>\n

Speaking of tech in Egypt: Omm El Donia has the lowest internet speed with the highest <\/strong>comparative cost<\/strong>, according to a global survey by RS-Tech<\/a>. The survey shows that South Korea leads the world in terms of both internet speed and cost. Overall, Venezuela has the lowest cost of internet with lowest speeds up to 2MBPS.<\/p>\n

The way we work today, part I:<\/strong> Allowing employees to work from home is starting to chafe on some managers, the Wall Street Journal<\/a> suggests. The practice has been beloved by corporate bean counters for its cost savings \u2014 and promoted with messianic glee by devotees whose Qur\u2019an \/ Bible \/ Torah is cult software maker Basecamp (formerly 37 Signals)<\/a> and its book Rework<\/a>. The Journal notes that IBM, health insurer Aetna, Bank of America, big-box electronics shop Best Buy (no relation to the Egyptian Apple monger), Honeywell and Reddit are among those who have recently \u201cended or reduced remote-work arrangements as managers demand more collaboration, closer contact with customers\u2014and more control over the workday.<\/strong>\u201d<\/p>\n

The way we work today, part II:<\/strong> If you think the worshippers of work-from-home are a tad zealous, you haven\u2019t read about \u201ca Wisconsin vending machine company \u2026 offering its employees a chance to have a microchip implanted in their hands that they could use to buy snacks, log in to computers<\/strong> or use the copy machine.\u201d Folks there have been gleefully signing up \u2014 [redact] the privacy implications, to say nothing of the \u201cick\u201d factor. Reuters has the story<\/a>, do the Verge<\/a> and the New York Times<\/a>.<\/p>\n

Global sperm counts have fallen more than 50% in the past 40 years<\/strong> \u2014 with the drop-off most precipitous in the western world, where the figure for men in North America, Europe, Australia and New Zealand apparently stands at 59.3%, according to the Financial Times<\/a> (paywall). Local nutters will dismiss the story on its face for having come out of Hebrew University of Jerusalem, but even skeptical scientists say the most recent study on the phenomenon \u201cdealt with many\u201d of their criticisms. BBC<\/a> and Reuters<\/a> also have the story, with the former declaring that \u201cSperm count drop 'may lead to human extinction'.\u201d<\/strong><\/p>\n

Also this morning:<\/strong> Adobe Flash will finally go bye-bye by 2020<\/a> (and Microsoft Paint<\/a> looks set to go the same way) \u2022 The UAE has joined Saudi Arabia<\/a> in oil output cuts<\/a> \u2022 China and Russia<\/a> are freaking out the neighbors<\/a> with their first-ever joint naval exercises in the Baltic Sea.<\/p>\n","protected":false},"excerpt":{"rendered":"

That VIX play we noted yesterday looks momentarily less likely to pay off amid good news out of the US of A: Results from McDonald\u2019s and Caterpillar point to a continued strong economic recovery. \u201cMcDonald\u2019s has reported its best showing for global comparable sales in five years \u2026 [saying] it drew more Americans into its […]<\/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":[72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645634","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"4768e741-d96f-437e-b1c5-dbc68eac3e16","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[645632],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking on 26 July 2017 - 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We made it through another week together. There are just 21 days left in 2020, if you \u2014 like us \u2014 are keeping count. *** We\u2019re a bit late this morning because one of our cloud services is glitching this morning. We\u2019ve addressed most of the problem,\u2026","rel":"","context":"In "What We're Tracking Today"","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":561177,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/what-were-tracking-on-29-march-2021\/","url_meta":{"origin":645634,"position":1},"title":"What we\u2019re tracking on 29 March 2021","author":"enterpriseam admin","date":"29 March 2021","format":false,"excerpt":"Good morning, nice people. Mondays are typically the slowest news days of the week, but not so today \u2014 we have plenty going on.IT\u2019S A BIG DAY FOR: Our covid-19 vaccine rollout. Yesterday, we reported that it seems unlikely we\u2019re going to be getting anytime soon the 5 mn of\u2026","rel":"","context":"In "What We're Tracking Today"","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":594682,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/04\/what-were-tracking-on-4-september-2019\/","url_meta":{"origin":645634,"position":2},"title":"What we\u2019re tracking on 4 September 2019","author":"enterpriseam admin","date":"4 September 2019","format":false,"excerpt":"Good morning, ladies and gentlemen. Can we start by saying how grateful we are that public schools are not yet back in session, meaning Cairo traffic is not at its worst these days? We expect that to change in a little over two weeks, though: Schools are expected to open\u2026","rel":"","context":"In "What We're Tracking Today"","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":558338,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/05\/this-morning-its-interest-rate-day-2\/","url_meta":{"origin":645634,"position":3},"title":"THIS MORNING: It\u2019s interest rate day;","author":"enterpriseam admin","date":"5 August 2021","format":false,"excerpt":"Good morning, friends, and welcome to another busy news morning as this first week of August starts drawing to a close. We hope those of you stuck with us here in the capital are managing to stay cool. And for those of you enjoying the much cooler weather in Sahel?\u2026","rel":"","context":"In "What We're Tracking Today"","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":568434,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/30\/what-were-tracking-on-30-december-2020\/","url_meta":{"origin":645634,"position":4},"title":"What we\u2019re tracking on 30 December 2020","author":"enterpriseam admin","date":"30 December 2020","format":false,"excerpt":"Well, friends \u2014 we made it through 2020 together. Most of us here haven\u2019t seen each other since early March, when we went fully WFH, and trust us: The honor of writing you all each morning is one of the things that has kept us going in this ridiculous year.Thank\u2026","rel":"","context":"In "What We're Tracking Today"","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":598537,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/28\/what-were-tracking-on-28-may-2019\/","url_meta":{"origin":645634,"position":5},"title":"What we\u2019re tracking on 28 May 2019","author":"enterpriseam admin","date":"28 May 2019","format":false,"excerpt":"We finally have some corporate news today, with a rare case of M&A in the legal industry, interest from Blackstone in running Egypt\u2019s largest power plants, and Edita inaugurating a new investment. This at the same time as EGX boss Mohamed Farid tells us that a tax on capital gains\u2026","rel":"","context":"In "What We're Tracking Today"","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\/645634","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=645634"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/645634\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/645632"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=645634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=645634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=645634"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=645634"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=645634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}