Everyone in the #maritime industry starts their career in chaos and keeps telling themselves, ‘I just need to sort these things out, and then it’ll be calm.’
Years later, still sorting, still waiting for the calm. 😂
Milton Friedman: “Keep your eye on one thing and one thing only: how much government is spending, because that’s the true tax.”
“If you’re not paying for it in the form of explicit taxes, you’re paying for it indirectly in the form of inflation or borrowing.”
I did my university research on aluminium, was editorial assistant for one of aluminium researchers in naval architecture & wrote the handbook for BP.
Aluminium is not a good material for ships. They will crack because the SN curve is a straight line down, only a question of when.
@Convertbond So what?
Would you rather put your money behind some winning horses or spread it out to the whole stable for the sake of diversity?
Top companies have proven to deliver value, give them money & they deliver more value or fail their way out of the champions’ list.
@MarcoFoster_@BernieSanders I have love, compassion & empathy for my family for whom I work.
I don’t have any love, compassion & empathy for bureaucrats.
Could have been more if they didn’t self deal by giving all the engineering, design, procurement & a lot of the subcontracting to themselves/related Korean companies.
Out of the 3,000 jobs a significant amount will be Korean expats.
The net effect to actual Americans will be disproportionately low, compared to the size of the investment.
We have already seen the hollywood accounting with Hanwa, don’t expect anything different here.
@afscott Govt had no need to share the profits like this, could have kept it all to themselves.
Doesn't have to be DEWA, could be EMAAR, SALIK, etc. but if you believe in the UAE, certainly should own some of these companies.
Sort of a "cashback" on all our expenses + good investment.
@Lana_Nusseibeh@Reuters@mahaeldahan I love how decisive you are putting yourself forward.
It's a breath of fresh air when compared to previous "cloak and dagger" campaigns by others.
Leadership requires such straightforward decisiveness and a sense of urgency for action.
Go go go!
@monkeyhead78@AVintenAuthor Don't know about your friends, cousins, brothers, etc. but we spent most of last night's bbq calling one of the guys a germophobic pussy for using hand sanitizer.
The UAE has led a global crackdown on digital fraud, resulting in more than 960 arrests and the discovery of over $39 billion in illicit funds and assets.
The operation involved Interpol and law enforcement agencies from 30 countries.
The three-month operation thwarted more than 123.7 million online fraud attempts, blocked 4,126 bank accounts and shut down 570 social media accounts.
Targeting AI-enabled scams, financial fraud and online sextortion, the operation also identified 3,500 suspects and 15,500 victims worldwide