NEWS DIGEST 26.09.2020: Money, luxuries and small delights

Today’s news comes via the HEMNA editor’s personal account on Twitter. Spanish-language media magazine Grandes Medios @LaPublicacion asks why luxury watches produced by the Cartier brand come to be so expensive. Cartier is a eminent producer of some of the world’s most sought-after timepieces and jewellery, with a British royal once describing the French company as ‘the jewellers of kings and the king of jewellers’. One reason is that Cartier produces its signature watches in small quantities, sometimes in the low hundreds, and has created a lot of desirability among celebrities and royalty. It also uses precious metals such as gold, combined with expert craftsmanship, to guarantee the hefty price of its offerings – ¿Por qué son tan caros los relojes Cartier? (Grandes Medios)

The US’ Democrat party has unveiled a relief package costing USD $2.2 trillion (GBP £1.7 trn.) to stimulate the beleaguered American economy as it navigates the ongoing international coronavirus crisis, reports Pakistan’s Business Recorder newspaper. Negotiations and votes on the stimulus package could be concluded by next week, and news of the financial boost sent stocks in the country to positive highs. The final sum is still to be agreed by the White House – US House Democrats crafting new $2.2trn COVID-19 relief package (Business Recorder)

The World Bank has approved a USD $450 million (GBP £353 million; PKR Rs. 74.5 billion) financing package for the nation of Pakistan to further its development of renewable electricity generation and reduce dependencies on fossil fuels. The part-loan part-credit facility will be most likely used to meet the costs of the Khyber Pakhtunkhwa Hydropower and Renewable Energy Development Project in Pakistan’s far north which will develop solar and hydropower facilities in the region. “This project supports Pakistan’s goal to become a low-carbon, renewable energy-reliant economy by 2030 and contributes to its national target in reducing greenhouse gas emissions to combat climate change,” said Najy Benhassine, World Bank Country Director for Pakistan – WB approves $450mn for Pakistan’s renewable transition (Business Recorder)

Social media giant Facebook has published useful tips on how to optimise broadcasts using their Facebook Live feature. Last month, the firm published a series of videos on Facebook offerings such as Creation Studio, with the last in series exploring how users can make the most out of the various functions the platform has to offer. Colyn Montgomery, a Product Marketing Manager for Facebook Live presented the video, in which he talks about how to prep and plan for and then use your video to drive maximum viewership and engagement, which are further explored in the announcement article linked here – Facebook Provides Tips on How to Optimize Your Facebook Live Broadcasts (SocialMediaToday)

Finally, HEMNA Community member and fellow blogger Purplerays stops by to remind us to treasure the ‘small, everyday blessings’ life gives us. In their post, blogger Udo Ngah @purpleraysblog shares a delightful quote by American novellist Sue Monk Kidd, accompanied with a photo of a beautiful array of garden flowers – Small, everyday blessings. (Purplerays)

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