Race to One Trillion: Amazon’s Affairs in Washington

This is the second part of our analysis of Amazon’s rise to 1 trillion. Today, we look at the changing relations between Amazon and the US political circles.

When a company registers £178 billion revenue and employs 560,000 people, it does not go unseen in Washington’s, London’s or Brussels’ corridors of power. Amazon is no exception. The online retailer’s relation with politics is complex, being alternatively cooperative or detached, but is always functional to profit maximisation. Continue reading “Race to One Trillion: Amazon’s Affairs in Washington”

Race to one trillion: Amazon’s invulnerable dominance

As the first part of an analytical series on Amazon and its rise to 1 trillion, this article considers the company’s success and uncontainable growth.

In September 2008 you could buy an Amazon share for $72. Now, you need $1’970.  At a whopping 39%, the average annual price increase has led Jeff Bezos’ creature to enter the exclusive 1-trillion market cap club. But Amazon’s exceptionalism is not limited to Wall Street. Of every dollar spent online, around 44 cents go through Amazon. With 100 million household members, “Amazon Prime” would be the 4th most populous country in the world. Continue reading “Race to one trillion: Amazon’s invulnerable dominance”

The ‘sharing economy’: Is it too good to be true?

Consumer trends are slowly shifting from ownership to experience. The rise of this ‘sharing economy’ has transformed market landscapes with the massive growth of companies like Uber and Airbnb. Now, it’s possible to rent out your ride, your apartment, your workspace, and even your luxury clothing. In this rapidly-changing setting, the focus has shifted to assessing its newly-born risks.

Continue reading “The ‘sharing economy’: Is it too good to be true?”

The outcome of the Mexican elections and why it matters

Mexico recently shocked football fans around the world when it defeated Germany in its opening game in the FIFA World Cup. It has also been at the forefront of the global news cycle as the USA’s southern neighbour. Trump’s controversial handling of the immigration issue – through the potential construction of his infamous wall or his recent policy of separating families at the border, is the source of major social and political turmoil in the US and has been discussed heatedly around the world. But now, Mexico is making worldwide news because, on 1st July, the second-largest economy in Latin America took to the polls for the biggest general elections in Mexican history with an expected but unprecedented result of the presidential race.

Continue reading “The outcome of the Mexican elections and why it matters”

The Other Side of the Table: What do the EU27 want from Brexit?

In a lot of the ongoing Brexit talks, it seems to sometimes be forgotten that any good negotiation has at least two sides involved. Of course, it sometimes feels like there are two competing factions on the British side alone, as remainers and leavers continue to fight the past battles of the referendum. But what is often forgotten is that it’s not one single, homogeneous entity sitting on the other side of the table. For as much as the EU27 claim to speak with one voice, and remarkably often do, they are still made up of 27 individual nations, with their own aims for these negotiations. So, as the Article 50 clock continues to tick, it seems sensible to examine what these are. Continue reading “The Other Side of the Table: What do the EU27 want from Brexit?”

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