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It’s been billed as the “David and Goliath” of Wall Street. The dramatic and, at times, bizarre stock market battle that pitted amateur “retail” investors against “fat cat” hedge funds intent on making millions by short-selling shares in GameStop. The frenzied trading of shares in this Texas-based chain of computer games stores made for a story which leapt out of the business pages and on to the front page of many a newspaper.
The idea of the little people taking on the muscle men of the finance sector really caught the popular imagination, especially among small traders whose ranks have swollen dramatically in recent years as digital tools and apps have made it easier to trade in stocks and shares in the comfort of your own home. “People are risking their lives to wage war against the suits and it brings tears to my eyes to watch them do it,” said one small trader. There’s bound to be a film sooner or later. But in the meantime, here’s a chance to get your head around how it all works and what it means.
If, that is, you can tear yourself away from all those fantastic new TV series. I have friends who think nothing of devouring a ten-part drama in a couple of days, which must be doing wonders for the popcorn trade. But whatever happened to “event television”, shows that you looked forward to all week and breathlessly discussed with your colleagues and friends around the watercooler, or at the pub? Those options may not be open to us right now, but isn’t anticipation the best part of the journey?
Rising sea-levels are a clear and present danger, with some scientists predicting a rise of two-and-a-half metres by the end of the century. But humans have been preoccupied by the idea of a drowning world since before Noah’s Ark. Here are some of those stories, ancient and modern.
This week we also discovered how male butterflies use a stinky signal to put off rival suitors, five ways in which bad behaviour can be a good thing and, for cricket lovers everywhere, the psychological state that enables some players to achieve superhuman feats against all the odds.
From our global network, meanwhile, how heatwaves and drought combine to produce the perfect firestorm in Australia, how innovation and research are key to killing off tropical diseases in Africa and, what New Zealand should do to ensure the continuing success of its COVID-19 strategy.
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Jonathan Este
Associate Editor, International Affairs Editor
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Wall Street under attack.
Javen
James Bowden, University of Strathclyde ; Edward Thomas Jones, Bangor University
The question is if and how the regulators can respond.
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Disney+ show WandaVision is being released in instalments rather than in one go.
Disney Media
Esperanza Miyake, University of Strathclyde
Audiences have a growing appetite for slow weekly released TV.
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OFC Pictures/Shutterstock
Chelsea Haith, University of Oxford
Cultures worldwide are awash with tales of great floods. What can they tell us about the reality of a wetter world?
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Environment + Energy
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Chris Jiggins, University of Cambridge; Kathleen Darragh, University of California, Davis
The stench was once thought to originate from plants, but scientists have now pin-pointed its true origin.
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Jyoteeshkumar Reddy Papari, UNSW; Jason Sharples, UNSW; Sarah Perkins-Kirkpatrick, UNSW
We know heatwaves and drought can turn bushfires into infernos, but the reasons why were poorly understood in science.
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Science + Technology
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Richard Stephens, Keele University
Drinking, swearing and social transgressions can lead to good things.
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Arts + Culture
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Matthew Smith, University of Winchester; Matt Jewiss, University of Hertfordshire
To overcome seemingly insurmountable odds, sportspeople need to enter a certain state of mind.
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Health + Medicine
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Monique Wasunna, Kenya Medical Research Institute
Many of these diseases cause tremendous suffering and death -- yet there's still a lack of effective tools to diagnose, treat, and prevent them.
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David Welch, University of Auckland
Without improvements to New Zealand's 'makeshift' border quarantine system the risk of further community cases of COVID-19 variants remains high.
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Featured events
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Online, Birmingham, Warwickshire, B15 2TT, United Kingdom of Great Britain and Northern Ireland — University of Birmingham
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Online Oxford Martin School Event, N/A, Oxfordshire, N/A, United Kingdom of Great Britain and Northern Ireland — University of Oxford
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Wivenhoe Park, Colchester, Essex, CO4 3SQ, United Kingdom of Great Britain and Northern Ireland — University of Essex
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East Road, Cambridge, Cambridgeshire, CB11PT, United Kingdom of Great Britain and Northern Ireland — Anglia Ruskin University
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