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Cup

Bombshellreports:thetruthaboutHiroshima

WhenAmericanwarplanesdroppedatomicbombsonHiroshimaandNagasaki,Americansback

homewholeheartedlyendorsedtheattacks.

Theirapproval,however,disintegratedwhenJohnHersey,awarcorrespondent,revealedthe

horrifyingaccountsofHiroshima'ssurvivors.

Inturn,LesleyBlume,ajournalist,tellsHersey'sstoryin“FaHout”.

Publishedthispastweek,75yearsafterthebombings,MsBlume'sbookdetailsHersey'smission

toalerttheworldoftheblast'slastingeffects,namelyradiationpoisoning.

Althoughthepublichadseentheinfamousimagesofthemushroomcloud,fewunderstoodthetrue

natureofthetollexactedonHiroshima'sresidents.

America'smilitaryofficials,whoatfirsthadnotknowneither,intendedittostaythatway.

TheireffortswerethwartedwhentheNewYorkerpublishedHersey's30,000-wordtourdeforce.

MsBlumepaystributetohispieceandprocess,remindingreadersofthechangethatcanbewrought

byonededicatedjournalist.

Cup2

Indeepwater:floodsin

Bangladesh

Indeepwater:floodsinBangladesh

Bangladeshisexperiencingitsworstfloodinginadecade,followingCycloneAmphan,andis

preparingformore.

Atleast100peoplehavediedandmillionsarehomeless.

One-thirdofthecountryisunderwater.

HeavyrainfallsinthegreatbasinwheretheBrahmaputrarivermergeswiththeGangesand

Meghna-where8%ofhumanitylivesonjustl%oftheworld'sland—aretoblamefortheflooding,

whichhasalsoaffectedIndiaandNepal.

Bangladeshiscientistssaytheyseethe“fingerprints“ofclimatechange;thoughthisisa”one?in-

twenty-years"flood,itisactuallythefifthsuchinthatperiod.

Andasiftheflooding,whichisexpectedtorecedeinlateAugust,hadnothurtBangladeshisenough,

thecovid-19pandemicstillrages.

Theeconomy,previouslyoneoftheworld'sfastest-growing,hastakenabattering,drivingupboth

unemploymentandpoverty.

Cup3

Halfmeasures:Britain's

state-sponsoredmealdeal

Halfmeasures:Britain'sstate-sponsoredmealdeal

Economistshavelongsaidthatthereisnosuchthingasafreelunch.

ButforBritonsthisAugustthatisonlyhalftrue.

Startingtodaythetaxpayerwillpayhalfthecostoftheirmeals.

TheTreasurydubsthescheme“eatouttohelpout”.

Buttherearecaveats,andlotsofthem.

Dinersmusteatin(ienotgettakeaway),fromMondaytoWednesday,uptoamaximumof£10per

personpermealandalcoholisexcluded.

Morethan53,000businesseshavesignedup.

VATforthehospitalityindustryhasalsobeenslashedfrom20%to5%until2021.

TheTreasuryhopesthatthetwomeasureswillstimulateconsumerspending.

Yetevenasitencouragesdiningout,thegovernmenthasannounceda“pause“onthelooseningof

otherrestrictionsinEngland.

Britain'sleadersaresendingmixedmessages.

Cup4

Healthywarning:Google's

acquisitionofFitbit

Healthywarning:Google'sacquisitionofFitbit

TheEuropeanUnionwillannouncetodaywhetheritwillopenafull-scaleinvestigationinto

Google's$2.1bntakeoverofFitbit,afitness-trackingfirm.

Ifrecentpressreportsareright,itwill.

Thiswilldelaythedeal,whichwasfirstannouncedinNovember.

TheEUworriesthattheinternetgiantwillusethehighlypersonaldatacollectedbyFitbitdevices—

fromheartratestosleepingpatterns—tohelpitdirectadvertising.

LastmonthGoogletriedtoalleviatetheconcernbygivingitswordthatitwouldnot.

ButtheEUreportedlywantsfurtherconcessions,suchasallowingthirdpartiestouseFitbifsdata

onequalterms.

Regulatorsarerighttobesuspicious.

ItwouldnotbethefirsttimethatGoogleandotherbigtechcompanieshadvowednottocombine

theirdatawiththoseofanacquisitiontarget,onlytorenegeonthepromiseafewyearslater.

Cup5

Presidentsday:celebrating

BarackObama

Presidenfsday:celebratingBarackObama

TodayisthethirdannualBarackObamaDayinthe44thpresident'shomestateofIllinois.

Thedayhonours,inthewordsoftheactestablishingit,apresidentwho'"dedicatedhislifeto

protectingtherightsofAmericansandbuildingbridgesacrosscommunities”.

RecentlyMrObama,stillwildlypopularamongDemocrats,hasreturnedtothepoliticalfray.

LastweekhedeliveredapointedeulogyforJohnLewis,acongressmanfromAtlantaandcivil-

rightslegend,inwhichheurgedautomaticvoterregistration,statehoodforPuertoRicoandanend

topartisangerrymanderingandtheSenatefilibuster.

Overthepasttwomonthsheraisedmorethan$24mforhisformervice-president,JoeBiden,now

theDemocraticnominee.

Hehasalsobeenunusuallycandid,reportedlycallingMrTrump'spoliticsunativist,racist[and]

sexist,“andsayingthatthe“endpoint"ofsuchpoliciesare“whatwesawinEurope...70yearsago”.

Cup6

Galacticambitions:

Samsung'snewproductline

Galacticambitions:Samsung'snewproductline

Afterdazzlinginvestorswithstrongquarterlyearningslastweek,Samsung,aSouthKorean

technologygiant,willnowtrytoimpressconsumerswithitslatestwares.

TodayithostsitsGalaxyUnpackedevent.

Onshowwillbenewphonesandanupdatedsmartwatch.

ButSamsunglaunchesitsnewgadgetsintotheweakesteconomysincethecreationofitsflagship

Galaxylinein2009.

Sofar,itsphonedivisionhasweatheredtherecessionbroughtonbycovid-19fairlywell.

Thefirmhascutspendingonmarketing,keepingitselfprofitableamidreducedsales,andexpects

itsfigurestoimproveafterrefreshingitsproducts.

ButSamsung'sbiggestproblemisamoreperennialonethanthepandemic-inducedrevenueslump:

fiercecompetitionfromrivalconsumer-electronicsgiants.

DespitetheAmericangovernment?songoingwaragainstHuawei,theChinesefirmovertook

Samsungasthetopshipperofsmartphonesinthesecondquarter,accordingtoCounterpoint,a

market-researchfirm.

Cup7

Corporatetrinitarianism:

Siemens'sspin-offs

Corporatetrinitarianism:Siemens9spin-offs

Siemens'ssecond-quarterresults,duetoday,comeinthemidstofthebiggesttransformationinthe

company's172-yearhistory.

Onceasprawlingconglomerate,itisbeingsplitintothree.

FirstHealthineers,amakerofmedicaltechnology,whichannouncedonSundaythatitisbuying

Varian,anAmericanoncologyspecialist,for$16,4bn,wasspunoffin2018.

InSeptember,Siemens'sgas-and-powerunitwillbecomeSiemensEnergy,whichjustleavesthe

corecompany,focusedonindustrial-automationsoftwareandsmartinfrastructure.

ThelistingofSiemensEnergyislikelytobethelastbigmoveofJoeKaeser,whostepsdownas

chiefexecutiveinFebruary.

Thedisaggregationofthecompanyishislegacy,andallthreenewbusinessescouldbelistedonthe

DAX,theindexofGermany's30biggestlistedcompanies,inthenearfuture.

Howdidhepullitoff?

Hepersuadedshareholdersthatconglomeratesfostermediocritybecauseoftheirinherentlackof

focus.

Cup8

Copingwith2020:the

AmericanPsychological

Associationconvention

Copingwith2020:theAmericanPsychologicalAssociationconvention

Trulybignewsleavesanimpressiononthemind.

Initsannualconvention,whichbeginstoday,theAmericanPsychologicalAssociationwillexplore

thementalh

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