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The Guardian Makes A Profit: Media in 60 Seconds

The Guardian is finally profitable! Can it keep it up?

Yes, The Guardian made £800,000 this year, which is a two-bedroom flat in London! But that's actually really good news because they were losing millions for years. Can they keep it up? Absolutely! Because most of their revenue is now from digital and it is from readers without a paywall. So, congratulations Katharine Viner and team! Who knew you could get good news in journalism?


What is going on at The Markup and The Correspondent?

The Markup is a highly anticipated tech publication out of New York, which hasn't published anything yet, but got a lot of money from big philanthropy and it kind of imploded in the past week because of disagreements between the co-founders, because of some questionable management practices, and most of the newsroom quit. The Correspondent is a news org out of the Netherlands, which had a massive crowdfunding campaign to expand to the U.S. Now, their first American employee quit when she realized that they weren't actually going to open a newsroom in the U.S. but we're going to expand to English language content from Amsterdam. And the question is whether people who participated in the campaign were misled. Two themes in common between these two stories. One) journalism has a bad management and business culture or not much of one. Two) Innovation is hard. Startups fail all the time. Now, what happens in media - it's all over Twitter. It's all in the news because we love to cover ourselves. And three) because it's usually funded by the crowd and not just a couple of venture capitalists. It makes a lot of people angry when it fails.

Empathy and listening are key to establishing harmonious relationships, as demonstrated by Callista Azogu, GM of Human Resources & Organization for Nigerian Agip Oil Company (NAOC), an Eni subsidiary in Abuja. "To build trust is very difficult. To destroy it is very easy," says Callista, whose busy days involve everything from personnel issues to union relationships. She sees great potential for her native Nigeria not only because of the country's natural resources, but because of its vibrant and creative people.

Learn more about Callista in this episode of Faces of Eni.

Saturday will mark the beginning of an historic turning point for European politics as 1,001 voting members of Germany's Christian Democratic Union, the party of Chancellor Angela Merkel, hold an online conference to elect a new leader.

Here are the basic facts:

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Does Cuba belong back on the US's State Sponsors of Terrorism list? The Wall Street Journal Editorial Board showed their support for Secretary of State Mike Pompeo's decision on this issue in a recent opinion piece, "Cuba's Support for Terror." But in this edition of The Red Pen, Ian Bremmer and Eurasia Group analysts Risa Grais-Targow, Jeffrey Wright and Regina Argenzio argue that the WSJ's op-ed goes too far.

We are now just a few days away from the official end of Donald Trump's presidency, but the impacts of his latest moves in office will obviously last far beyond Joe Biden's inauguration. There's the deep structural political polarization, the ongoing investigations into the violence we saw at the Capitol, lord knows what happens over the next few days, there's also last-minute policy decisions here and abroad. And that's where we're taking our Red Pen this week, specifically US relations with Cuba.

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Watch Jon Lieber, who leads Eurasia Group's coverage of political and policy developments in Washington, lend perspective to this week's historic impeachment proceedings.

Impeachment. President Trump became the first president ever to be impeached twice this week. And the question on everybody's mind is will he be convicted in the Senate? And I think the answer right now is we just don't know. I'd probably bet against it. There was a really strong Republican vote against impeaching him in the House, with only 10 of the over 100 Republicans breaking with the President and voting to impeach him. And the question now is in the Senate, is there more support for a conviction? Senate Majority Leader McConnell has indicated he's at least open to it and wants to hear some of the facts. And I expect you're going to hear a lot of other Republicans make the same statement, at least until the trial begins.

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They call it Einstein. It's the multibillion-dollar digital defense system the US has used to catch outside hackers and attackers since 2003. But it was no match for what's looking like one of the biggest cyber breaches in US history. Ian Bremmer breaks it down.

Watch the GZERO World episode: Cyber attack: an act of espionage or war?

The GZERO World Podcast with Ian Bremmer. Listen now.

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