Cannabis Watch: Tilray and Budweiser maker will partner to research weed drinks; Tilray stock jumps

Marijuana producer Tilray Inc. announced Wednesday that it has signed a research partnership with Budweiser maker Anheuser-Busch InBev SA, as the Canadian cannabis industry continues to strike deals with legacy industries. source

Howard Gold’s No-Nonsense Investing: Howard Gold: What I got right — and wrong — about investing in 2018

Howard Gold says he nailed it on bitcoin, stayed bullish on stocks a bit too long but issued the right warnings early in the selloff. source

Prince Talal bin Abdulaziz, long-time Saudi political reformer, has died

Saudi Arabia’s Prince Talal bin Abdulaziz, father of billionaire investor Alwaleed bin Talal and a vocal supporter of reform in the ruling al-Saud family, has died, family members and Saudi media said on twitter posts on Saturday. source

Baby, it’s not cold outside and Christmas Day looks like being a warm one in Hong Kong as well

Hong Kong experienced the hottest winter solstice in 20 years, and it’s likely temperatures will remain relatively balmy for Christmas. The Observatory recorded a maximum temperature of 25.2 degrees Celsius (77.36 Fahrenheit) on Saturday, making it the hottest winter solstice in 20 years and the sixth warmest since 1884 when records began. The last time […]

Sudanese opposition leaders detained as protests continue

Sudanese authorities arrested 14 leaders of an opposition coalition on Saturday, a spokesman for the grouping said, as anti-government protests driven by an economic crisis continued for a fourth day in several cities. source

Please enjoy this cute compilation of a little girl greeting her big sister after school

This is One Good Thing, a weekly column where we tell you about one of the few nice things that happened this week. Good news everyone, real love does exist.  This compilation of a little girl greeting her sister after school will probably make you cry because it’s that freaking precious.  Every time Shenica Bernal […]

12/21 is Japan’s “Long Distance Lovers Day”: What makes it so hard to keep up long distance love?

Long distance romance can work with a bit of effort, but just what form does that effort take? Japanese couples treat Christmas Eve as one of the most romantic holidays of the year, a perfect time to take your partner out on a date. However, even for couples living in the same city, it can […]

MIB: David Hall, Revolution’s Rise of the Rest Fund

This week, we speak with David Hall, partner at Revolution‘s Rise of the Rest Seed Fund, where he is responsible for investment sourcing, execution, and oversight for Revolution portfolio companies. He received his B.A. from Morehouse College and earned his MBA from Harvard. Rise of the Rest (ROTR) tries to be different than typical VCs, by focusing on promising seed… […]

Iran says U.S. presence in Syria was a mistake from the start

Iran said that the U.S. military presence in Syria had been “a mistake, illogical and a source of tension”, in Tehran’s first reaction to President Donald Trump’s planned pull-out. source

10 Leadership Elements That Work In Today’s Business

The pervasiveness of social networking and the Internet has caused a new focus and value on “openness,” which leads to a new element of leadership, called “open leadership.” The mantra of open leadership is “Be Open, Be Transparent, and Be Authentic.” This is counter to the traditional business premise of “control,” so many companies are […]

Pope gives Rome homeless Christmas gift of new clinic in Vatican

Pope Francis has given the homeless a Christmas gift of a new clinic in St. Peter’s Square where they can get free medical help, the Vatican said on Saturday, announcing his latest move to help Rome’s destitute. source

Mark Hulbert: As stocks suffer a December rout, Wall Street strategists bet on 2019 gains

Born in the aftermath of one of the worst recessions in history, this bull market has come much further than many had expected. And as Wall Street prepares to ring in 2019, the prevailing mood appears to be uncertainty. source

China’s economy ‘set to reach US$13.7 trillion by end of the year’

China’s economy is expected to have grown to 90 trillion yuan (US$13.7 trillion) this year, said senior economic officials on Saturday. Han Wenxiu, deputy director of the Office of the Central Financial and Economic Affairs Commission, a top economic decision-making group, said at an economic forum in Beijing that China’s economic growth and income growth […]

‘I’ve never suffered such personal humiliation’: Chinese business chief Zhang Shiwen’s 21 days in detention

Zhang Shiwen had gone four days without water, too appalled by his surroundings to drink, when his sense of cleanliness finally gave way to his thirst. He picked up the bowl that he shared with 24 other men at the Dalian municipal detention centre and took a sip. Conscious that he was possibly drinking the […]

Chinese court jails nine for dumping tens of thousands of tonnes of refuse in Yangtze toxic waste scandal

Nine men in eastern China have been jailed for up to six and a half years for dumping tens of thousands of tonnes of rubbish near the mouth of the Yangtze, including toxic waste that threatened to poison the water supply of a nearby city. The case was one of the biggest environmental pollution scandals […]

Turkey says nearly 300,000 Syrians return home after military operations

Nearly 300,000 Syrians have returned to their country after Turkey’s two cross-border operations in northern Syria, Interior Minister Suleyman Soylu was quoted as saying on Saturday. source

Syrian rebels say U.S. troops remain in key garrison near Iraq

U.S. troops have not left the strategic Tanf garrison on the Iraq-Jordan border following President Donald Trump’s decision to pull out of Syria, the leader of a Pentagon-backed rebel group there said on Saturday. source

Head of U.N. team to monitor Hodeidah ceasefire arrives in Yemen

The head of a United Nations advance team tasked with monitoring a ceasefire between the Iranian-aligned Houthi group and Saudi-backed government forces in Yemen’s Hodeidah has arrived in Yemen, U.N. and local officials said on Saturday. source

10 Weekend Reads

The weekend is here! Pour yourself a mug of French Press coffee, grab a seat on the balcony, and get ready for our longer form weekend reads: • Borderline: Navigating the invisible boundary and physical barriers that define the U.S.-Mexico border (Washington Post) • Montier: The Late Cycle Lament: The Dual Economy, Minsky Moments, and Other Concerns (GMO) • The Fresno Bee… […]

Iran Guards hold war games as U.S. carrier enters Gulf

Iran’s elite Revolutionary Guards launched war games in the Gulf on Saturday, state television reported, after a U.S. aircraft carrier entered the waterway amid rising tension with Washington over reimposed U.S. sanctions. source

It’s not just about money: effective philanthropy in Hong Kong needs more effort from everyone

By many measures, Hongkongers are generous. According to the Home Affairs Department, the number of tax-exempt charities has risen from 3,250 in 2000 to 8,831 in 2016. The amount of individual and corporate donations, as a percentage of GDP, rose from 0.22% in 2000-1 to 0.52% (HK$11.7 billion) in 2014-5. The government cited a ranking […]