For a while now, on our blog, we have been discussing the new role CEO’s are playing in the economic and political spheres. Building on this theme, Facebook’s CEO has now added another development to this ongoing drama by posting on his Facebook page, on January 3rd, that he will be launching a new book club.
“Our first book of the year will be The End of Power by Moisés Naím,” wrote Zuckerberg in his Janauary 3rd post. “It’s a book that explores how the world is shifting to give individual people more power that was traditionally only held by large governments, militaries and other organizations. The trend towards giving people more power is one I believe in deeply, and I’m looking forward to reading this book and exploring this in more detail.”
The book club’s Facebook page, entitled “A Year of Books,” already has over 120,000 likes. Pretty impressive for a page that was launched only three days ago.
The page’s ‘About’ section, states: “We will read a new book every two weeks and discuss it here. Our books will emphasize learning about new cultures, beliefs, histories and technologies.”
Shortly after announcing his choice, Naim’s “End of Power” was sold out even on the Amazon site. Independent merchants on Amazon have since restocked and are offering the book again, for those interested in joining the online discussion.
New Drone Challenges Satellites
A solar-powered drone is currently being developed which, its makers claim, will be able to continue gliding indefinitely. Utilizing electronic batteries, the drone recycles the energy from the sun, enabling it to challenge the traditional satellite industry.
The perks of the drone include improved surveillance methods, and will enable scientists to stay tuned on the weather in new ways. Watch the video above to see it in action!
EUR/USD News
The Euro has not been doing good against the USD this week. Financial analysts are particularly zoning in on expected changes in the European Central Bank’s monetary policy.
Representatives from The Australia and New Zealand Banking Group (ANZ) have stated: “The expectation of QE has been unsupportive for the euro against the USD and has added to the decline in the currency since the introduction of the negative deposit rate. The combination of ECB policy settings, Greek political uncertainty, a fragile recovery and the contrast with the US all point to a lower EUR/USD for now.”
EUR/USD: 1-Week Chart.
