Since 2009, Microsoft has made and met a series of commitments to reduce our carbon footprint. While we've made progress toward our goal of cutting our operational carbon emissions by 75 percent by 2030, the magnitude and speed of the world's environmental changes have made it increasingly clear that we must do more. And we are taking new steps to do just that.
This week we announced that we will nearly double our internal carbon fee, an internal tax, to $15 per metric ton on all carbon emissions.
What should be a bigger priority for me: saving for my children's education or saving for retirement?
This one hurts me. It hurts me to say this, because I've got children, and I really like 'em a lot. It's gotta be your retirement. I know that doesn't feel right as a parent, but if you have to make a choice, there are scholarships and there are loans for college. Nobody ever got a scholarship for retirement. And so this is one where you need to strap your oxygen mask on before assisting others, and — as much as it hurts me — to put yourself first.
The stock market's had a good year so far. Is now a good time to invest?
Yeah! Wow, what a difference. Remember December? I remember sitting, December 24th, when the market was down like 2.4 or 2.5% and it was just like [choking sound]. And it's up 16% since then. Now it feels like, gosh, maybe this isn't a good time to invest. But let's be perfectly clear: You have no idea. And anybody who says they have an idea has no idea. No one knows where the market is going from one week or one year to the next. There are just too many factors into it. So you want to — for those of you who are familiar with the term — dollar-cost average. For those of you who aren't, you want to invest through up markets and down, a bit out of every paycheck, sometimes it'll be lower, sometimes it'll be higher, and then it evens out over time which doesn't feel sexy, but actually is very sexy. It's very sexy in order to earn market returns, because most folks don't.
After terrorists killed more than 300 people in coordinated attacks on Easter Sunday, the Sri Lankan government immediately shut down social media. The official explanation: Temporarily cutting off platforms like Facebook, WhatsApp, TikTok, Viber, and YouTube is essential to halting the spread of false information that can further inflame an already tense situation.
The measure – which remains in effect as we go to press – has sparked a debate about the wisdom of shutting down social media during times of crisis. Here's our cut at the best arguments on both sides.
A temporary social media ban is a good idea because:
Governments are shutting down the internet more and more frequently. In 2018, there were 188 major government-initiated shutdowns or disruptions of the web, compared to just 33 in 2015, according to the digital rights advocacy group AccessNow. Here's a look at the global trend.
When Argentina's President Mauricio Macri first took office in 2015, he told the country that "a dream is being achieved." Elected with a strong mandate for change, he was poised to move Argentina beyond a generation of boom-and-bust economic mismanagement, even if that meant imposing a little pain along the way.
Just over three years on, that dream is looking more like a nightmare.
Macron takes the stage – France's embattled President Emmanuel Macron has spent a few weeks listening to the French people, and now he's set to speak about what he's learned. In a speech tomorrow, Macron will unveil several policy proposals – including tax cuts and measures to increase government accountability – meant as a response to the issues of inequality and the urban-rural divide that gave rise to the Yellow Vests protest movement. The speech, initially planned for last week, was postponed when the Notre-Dame cathedral went up in flames. It will be the most politically significant moment of Macron's flagging presidency. Can he turn things around?
The Inglorious Bustards of Pakistan – Since the 1970s, wealthy Gulf Arab falconers have flocked to Pakistan to hunt a fiercely startled looking bird called the MacQueen's Bustard, whose flesh is considered an aphrodisiac. Conservationists say overhunting has put the species in danger, and some Pakistanis have objected for years to foreigners plundering their natural riches. But Pakistan not only makes good money selling the hunting licenses, the cash-strapped country is also dependent financially on Saudi Arabia, whose princes are avid falconers. We're watching, hawk-eyed, to see if Pakistan's Prime Minister Imran Khan is willing to ruffle Riyadh's feathers over this. We doubt it.
What We're Ignoring: A Zero Summit
The Putin-Kim Summit – Russian President Vladimir Putin is set to meet North Korea's Kim Jong-un for the first time at the Russian port city of Vladivostok, not far from the border between their two countries, later this month. We expect little of substance to come from this. North Korea has nothing that Russia needs and can't pay a decent price for anything the Russians would sell. And saddled with sanctions of its own, Russia is unlikely to serve Kim a free lunch to revive his economy. Both men can use the meeting to enhance their international prestige, and Putin certainly loves to pique Washington, but that's about it.
Steve Bannon's "Gladiator" School – Former Trump advisor and poster boy for the slovenly, anti-globalist set Steve Bannon has leased a 13th century Italian monastery in Italy for 19 years (!) to serve as an academy to train populists. Bannon calls it a "gladiator school for culture warriors" that can "save Western civilization." Because nothing says anti-elitist friend of the working man like an academy housed within an Italian monastery. The school's formal name is the Academy for the Judeo-Christian West. We're ignoring this story because we're skeptical that Europeans need an American to explain populism to them, but the film version of this could be spectacular.