May 6, 2021

November Preview: Bloomberg New Economy Forum to Convene Global Leaders In-Person in Singapore November 16-19

Bloomberg Media has announced that the Bloomberg New Economy Forum will convene on November 16-19, 2021 in Singapore.

As the global economy emerges from lockdown, the fourth annual forum will bring together the world’s most influential business executives, heads of state, innovators, and academics.

Leaders from East to West, public and private sectors, developed and developing nations will mobilize behind the effort to build a sustainable global economy that creates jobs, reduces inequality and improves public health.

“The time since the last New Economy Forum has dramatically underlined why the event, and the themes that drive it, are so important. The pandemic has shown how interconnected we are and why cooperation is critical,” said Mike Bloomberg.

“New vaccines show the power of technology and public-private partnerships to address humanity’s challenges.  And the disproportionate impacts of the virus, and uneven global access to vaccines, have shown how far we have to go to build an equitable future," Mike added.

"This is the second time that Singapore will be hosting the forum, following our successful hosting of the inaugural Forum in 2018. Health and safety remains Singapore’s top priority, and we will work closely with the Bloomberg team to create a safe and conducive environment to welcome all delegates here in November,” said Singapore Prime Minister Lee Hsien Loong.

The Bloomberg New Economy Forum Advisory Board, chaired by Hank Paulson and honorary chair Henry Kissinger, is composed of more than 40 distinguished government and business leaders from around the world. 

Advisory Board members include Bill Gates; Elon Musk; Josephine Wapakabulo, Founder and Managing Director of TIG Africa; Mukesh Ambani, Chairman, Reliance Industries Limited; Margaret Chan, former Director General, World Health Organization; Condoleezza Rice, former U.S. Secretary of State and National Security Advisor; Ellen Johnson Sirleaf, first female President of Liberia and Nobel Peace Laureate; Ngozi Okonjo-Iweala, Director General, World Trade Organization; Gita Gopinath, Chief Economist, International Monetary Fund; Jorge Paulo Lemann, Founder, 3G Capital; Neil Shen, Steward of Sequoia Capital, Founding and Managing Partner of Sequoia Capital China and others.

Read more: Bloomberg Returns to Singapore with New Economy Forum In Person (Financial Times)

Bloomberg New Economy Forum Will be Held in Singapore in November, Tesla's Elon Musk to Attend (The Straits Times)

Speaking to The Straits Times on Tuesday, May 4, from his office in New York, Bloomberg Media's global CEO Justin Smith said the good experience when Singapore hosted the inaugural forum three years ago, coupled with the country's stringent health protocols, made it an easy decision to hold the event here again.

Bloomberg's New Economy Forum to be Held in Singapore (The National - UAE)

CDC Projection: U.S. Covid Plummet by July.

Covid Data Shows U.S. is 'Turning the Corner,' Fueling a Sense of Hope (Bloomberg)

The U.S. could be through the worst of the Covid-19 pandemic by July if vaccinations continue at high rates and people wear masks and physically distance when necessary, according to projections published Wednesday by the CDC.

The projections are not definitive and can certainly change if people's behavior changes in the next few months.

However, they do fall in line with President Joe Biden's assertion that the United States will be able to reach some level of "normal" by Independence Day.

"A sharp decline in cases was projected by July 2021," the study authors wrote, "with a faster decline in the high-vaccination scenarios."

CDC director Dr. Rochelle Walensky said the models suggest "an even faster decline if more people get vaccinated sooner."


What I'm Reading.

Case Closed...Again: Florida Inquiry Clears Bloomberg Over Felons Voting Case (Politico)

Florida Republicans are now 0-2 in substantiating widespread election fraud claims that the state’s top law enforcement agency investigated.

Agriculture Commissioner Nikki Fried, the lone statewide elected Democrat, blasted the governor and Attorney General Ashley Moody for launching what she called a “witch hunt.”

“As was clear from the beginning, this political witch-hunt against the Florida Rights Restoration Coalition and Mayor Bloomberg was based on nothing, would find nothing, and was a waste of our state’s law enforcement resources by our governor and attorney general,” Fried said in a statement to Politico

“Their time would have been better spent working with me and others to restore voting rights for a million Floridians disenfranchised by our broken rights restoration system," she added.

Tweet of the Day:

Rep. Liz Cheney: The GOP Is At a Turning Point and History is Watching (Washington Post Opinion)

NYC Poll: Andrew Yang Falls Behind Adams for First Time in New York Mayor’s Race Poll (Politico)

Adams, the Brooklyn Borough president, was the first-place pick for 21% of the respondents. Yang followed at 18%, and City Comptroller Scott Stringer had 15% support.

UK Elections TodayVoters Go to Polls for 'Super Thursday' Election (The Guardian)

For planning, polls close at 10PM London time (5PM New York time) and full results could take days to be tallied.

Follow along here for live updates.

End of Netanyahu? Israeli Opposition Leader Yair Lapid Gets Chance to Form Government (Washington Post)

Blame in BrazilEx-Health Chief Blames Jair Bolsonaro for Covid Crisis at Start of Congressional Probe (Bloomberg)

India SpiralsCovid Forecasters Warn India Deaths May Double in Coming Weeks (Bloomberg)

Following Facebook GuidelinesRe-instating Trump's Facebook Page Would Have Reminded of Platform's Poor Policing (Bloomberg Opinion - Tim O'Brien)

Book Excerpt of the Week: The Untold Story of How Jeff Bezos Beat the Tabloids (Bloomberg Businessweek)

Amazon Unbound, the forthcoming book from Bloomberg's Brad Stone, is a deeply reported portrait of how a retail upstart became one of the most powerful and feared entities in the global economy.

This week's cover story of Bloomberg Businessweek is an excerpt of the book, and it recounts when the National Enquirer went after Jeff Bezos and he retaliated with the brutal, brilliant efficiency he used to build his business empire.

Read the excerpt
here and order Brad's book here or at your local bookstore.

100 Years Since the Tulsa Race MassacreTulsa’s Greenwood District Recounts a Grievous Past While Spurring Change for The Future (The Architect's Newspaper)

With the centennial of the Tulsa Race Massacre fast approaching, Greenwood is bustling with activity as officials wrap up three major initiatives spearheaded by the 1921 Tulsa Race Massacre Centennial Commission, including the Greenwood Art Project, a Bloomberg Philanthropies-sponsored community-driven public art initiative.

Stadium of the Future: Yankees and Mets to Allow Full-Capacity Sections for Vaccinated Fans, Un-Vaccinated Sections at 33% (Bloomberg)

NYC's Comeback: Broadway Tickets Go On Sale Today for Full-Capacity Reopening on September 14 (WNBC - New York)

And finally, don't forget: Today is the start of National Nurse's Week in the U.S., so thank a nurse for all they've done over the past year, and beyond, for us!


NYC Weekend Preview: Arts at The Shed.

Frieze New York is the First Art Fair to Return to City (Wallpaper)

Frieze New York 2021 is excitingly being staged at The Shed now through Sunday, May 9, leaving its Randall’s Island venue for the first time since the fair launched in 2012. 

Specifically designed to produce and foster innovation and creativity in all forms, The Shed's Bloomberg Building, designed by Diller Scofidio + Renfro, is one of the best-equipped venues in the Big Apple to meet the needs of a major event during these times.

One of the most significant cornerstones of this year’s fair is the tribute to the Vision & Justice Project, founded by Sarah Elizabeth Lewis, associate professor at Harvard University. The educational initiative is dedicated to expanding visual literacy and examining the role of art in understanding the relationship between race and citizenship in the United States.  

The show is sold out, but Frieze has a waiting list if tickets become available here


Best of Late Night.

On the FDA authorizing the Pfizer vaccine for people aged 12-15 years old:

"Up until now, they were only able to get the vaccine by asking their friend's older brother if he could snag them a 6-pack of Pfizer."
-- James Corden

"I wish I had this when I was 15, I'd blame everything on the vaccine. Acne? Vaccine. Mood swings? Vaccine. Voice cracking? Second shot."
-- James Corden

"Bill and Melinda Gates announced that they have decided to part ways after 27 years of marriage. They got the 27-year itch, I guess."
-- Jimmy Kimmel

“Remember what they say — when God closes a door, he opens a Windows 95.”
-- Jimmy Fallon

"Apparently, it was an accumulation of lots of little things, like how Bill would never empty the recycling."
-- Seth Meyers 

"You know what Melinda Gates is thinking, ‘Finally I can use a MacBook!'"
-- Jimmy Fallon

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