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Pray for the people of Venezuela… looks like they’ve been hit by a bomb. 🚨 SITREP: Venezuela Earthquakes — USGS PAGER modeling estimates Fatalities reach 100,000 Souls 🔻What & When: Last night, 6:04 p.m. ET / corresponding Venezuelan time), two powerful earthquakes struck western/northern Venezuela in quick succession. 1. 7.2 magnitude foreshock near San Felipe, Yaracuy state. 2. 40 seconds later, a 7.5 magnitude mainshock about 23 km (14 miles) southeast of Yumare, also in Yaracuy state (roughly 160 km / 100 miles west of Caracas). These were the strongest quakes to hit Venezuela in over a century. The shaking was widely felt across much of the country (especially Caracas and coastal areas like La Guaira) and into neighboring Colombia. Depths were very shallow, amplifying the impact. A tsunami warning was issued but quickly canceled. 🔻 Casualties: - Confirmed deaths: At least 164. Injuries: nearly 1,000 - Many people remain trapped under rubble; and the toll is expected to rise exponentially over the coming days/weeks. The “up to 100,000 deaths” reports comes from USGS PAGER modeling (probabilistic estimates of potential fatalities based on shaking intensity, population exposure, and building vulnerability). USGS issued a red alert for high casualties and extensive damage. Most likely outcome: - Thousands of fatalities. Substantial probability of exceeding 10,000. Upper-end scenarios in the model reach up to 100,000 (with references to ~30% probability in some coverage for the highest band). 🔻 Damage and Impact: Several Dozen buildings collapsed or were heavily damaged, particularly in Caracas and La Guaira state (declared a disaster zone). — Pancaked or partially collapsed multi-story buildings. — Damage to Simón Bolívar Airport (Maiquetía) near Caracas, which was temporarily closed. — Widespread power and telecommunications outages (internet connectivity dropped sharply initially). — Rubble-strewn streets and scenes of panic as people evacuated buildings. — La Guaira and parts of Caracas were among the hardest-hit areas. But suspiciously… Venezuela’s oil infrastructure appeared largely unaffected in initial reports. 🔻Government and Response Actions: • Acting President Delcy Rodríguez declared a state of emergency, established a high-level task force for search-and-rescue, and announced a $200 million fund for reconstruction. —— $200M is not nearly enough. She addressed the nation, expressing condolences and calling the event a “true tragedy.” Security forces deployed nationwide; schools suspended for up to a week, at least for now; non-essential activities and some rail services canceled. Hospitals braced for casualties by doubling shifts. Rescue teams are actively searching rubble with power tools and heavy equipment; civilians have been asked to help with food, water, and debris removal. 🔻International Assistance: • United States: Search-and-rescue teams (Fairfax County and Los Angeles), overhead imagery, and promises of “big, fast” support. France: 85 search-and-rescue specialists. Switzerland: 80 rescuers + 8 dogs + equipment. Spain, Netherlands, Czech Republic, and others sending teams, dogs, and gear. Solidarity messages from Russia, Ukraine, and others.

I ran across this video a few days ago and couldn’t stop watching it. It’s about something ordinary & boring, a plastic gas lighter. But it changes how one thinks about manufacturing. That lighter in so many of our homes, holds pressurised gas. It has over 30 microscopic parts, has to pass international safety codes, & travel 10,000 miles by sea, & the total cost of doing all that, materials, labour, freight, every middleman along the way, comes to fifteen U.S cents. So how does anyone make money on this? Turns out almost the entire world’s supply comes from one place: a county called Shaodong, in China’s Hunan province. It wasn’t always there. But today, Shaodong has 114 lighter-related companies packed into the place & between them they source more than 200 different components from each other, all within a 20-kilometre radius. They supply something like seventy percent of the world’s disposable lighters. And the industry alone employs over 80,000 people locally. Nobody there is winning on cheap labour anymore. They’re winning by shaving a thousandth of a cent off the thickness of a plastic wall, or redesigning a base so a few thousand more units fit into the same shipping container. It took my thoughts back to an old professor of mine, Michael Porter. His 1980 book, Competitive Strategy, is still the 1st book most MBAs read, the one that gave the world the Five Forces and basically invented modern strategic thinking. But there’s a quieter piece of his work, on industrial clusters, that never got nearly the same attention, and it is the one that explains exactly what is happening in Shaodong. His argument was that nations and regions rarely win because of cheap inputs. They win when rival firms and specialist suppliers crowd into the same small geography for long enough that they keep pushing each other past what any one of them could manage alone. He found it in the Swiss watchmaking towns of the Jura, in the German printing press industry and in Italy’s ceramic tile and footwear districts (interestingly, it’s the SAME blueprint which built Morbi, in Gujarat, into the world’s second-largest ceramic cluster, now outproducing Italy by volume. I have posted before, about Morbi) None of these started out as giants. The neighbourhood made them giants. Which is exactly why it’s so relevant to India’s climb up the global manufacturing table I’ve also attached a slide with this post that I saw recently and which shows us breaking into the top 5 manufacturing globally. (A quick reference check told me that we may not have overtaken Korea yet, but the trajectory’s clear) That climb has happened on the back of scale: bigger plants, bigger parks, more FDI. I should declare an interest here, because the Mahindra Group set up 2 of India’s first integrated, plug-and-play business cities, in Chennai in 2002 & Jaipur in 2006. Both have been extremely successful. Chennai’s business zone alone today employs 45,000 people.. But I admit that we need to think differently. A park brings in investors and hands them a ready plot, power, water & roads A cluster is a completely different animal: hundreds of small, specialised suppliers, each obsessed with doing a tiny thing better than anyone else, feeding off each other’s presence for years until no outsider can compete with the whole. I think that’s the work ahead of us now. Not just more factories, and not just more parks. Policymakers & developers like us need to start consciously pulling as many of the inputs and resources a sector needs, the toolmakers, the component suppliers, the testing labs, the logistics specialists, into the same neighbourhood. Shaodong and Morbi both got there by accident, one town stumbling onto a way to shave a thousandth of a cent off a lighter wall, the other discovering it had the clay and, later, the gas pipeline for tiles. We don’t have the luxury of waiting for accidents anymore. We need to do it on purpose

Volete sapere cos'è il razzismo? Il razzismo è quando due atlete italiane ottengono primati internazionali nelle rispettive specialità dell'atletica leggera: una, di colore, viene esaltata in ogni modo dai media e dalla stampa; l'altra, bianca, bionda, oltretutto ragazza bellissima, viene per lo più ignorata dagli stessi o non le viene comunque tributato lo stesso clamore. Ecco il razzismo. Anzi, l'auto-razzismo purtroppo sempre più diffuso. Nel video : Erika Saraceni, 19 anni, medaglia d'oro nel salto triplo, record italiano U20 e primato dei campionati.

Prezident Pellegrini a ja sme s potešením sledovali špeciálnu ukážku jogy v podaní slovenských školákov. Keďže sa blíži Medzinárodný deň jogy, teší nás, že si mladá generácia osvojuje jogu a objavuje jej prínosy. Rovnako nás teší, že joga naďalej spája ľudí v spoločnom úsilí o zdravie, pohodu a harmonický život. @PellegriniP_

The teams winning right now quietly do this: They don't use AI tools. They build AI teams. A lead agent that delegates to specialists — email, pipeline, reports. All running 24/7. They just give the brief.