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Aug 19, 2021
Happy Thursday! There are safe investments and riskier ones. But tasty investments? Discover today why shrimp deserve both your money and your mouth, right after you meet Iran’s Madonna and the Indian octogenarian researcher who’s on the cusp of developing the world’s first male contraceptive. If, like us, you’ve been thinking about Afghanistan, check out how you can help some of the country’s most vulnerable sections. And don’t forget your weekly spot the difference game!
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Deng Xiaoping, the father of China’s economic reforms, once famously encouraged entrepreneurs to get rich. Now, two generations later, Chinese President Xi Jinping has signaled a course correction. Amid an unprecedented crackdown on the country’s tech, education and social media giants, Xi on Wednesday called for the “regulation of high incomes” and a redistribution of wealth. Should the ultrarich give back more to society? Vote here or on Twitter. (Sources: FT, Nikkei Asia)
2 - Death of Democracy
It was always fragile. Now it’s over. The Taliban has ruled out the continuation of democracy in Afghanistan after it returned to power last weekend. “It is Sharia and that is it,” spokesperson Waheedullah Hashimi said. The group opened fire on protesters who had pulled down its flag and replaced it with the country’s national banner in Jalalabad. Meanwhile, the International Monetary Fund has blocked a mechanism by which Afghanistan was to have received $450 million in cash, while the U.S. government has frozen $7 billion of Afghanistan’s reserves held in America — efforts aimed at applying economic pressure on the Taliban. President Joe Biden said American troops will remain in Afghanistan until all U.S. citizens are evacuated. (Sources: Reuters, WaPo, CNBC, ABC)
3 - Caribbean Crisis
Haiti is now “on its knees,” the country’s Prime Minister Ariel Henry conceded Wednesday as heavy rains from Tropical Storm Grace — which has since become a hurricane — lashed the impoverished nation just days after a devastating earthquake left more than 2,100 people dead. Grace is now headed toward Mexico. (Sources: Al Jazeera, Mexico)
4 - Apartheid Doses
The WHO has criticized Johnson & Johnson’s decision to export South Africa-made COVID-19 vaccines to wealthy European nations while only 2% of Africans are fully inoculated. The UN’s health agency has also slammed Western nations — including the U.S. — for plans to offer booster doses to their vaccinated populations while the developing world battles for shots, describing the move by wealthy countries as providing a second life jacket to some while leaving others to drown. (Sources: Guardian, WSJ)
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Worried that your time is running out? This Indian doctor will prove you wrong. Guha is reaching the peak of his career well into his 80s as the creator of a new male birth control method that with one shot is poised to change the world of contraception as we know it. What’s more, Guha, originally an engineer, didn’t graduate from medical school until his mid-40s. Read more on OZY.
Skincare and makeup aren’t just for young bucks anymore, nor is modeling. Enter the glorious JoAni Johnson. Well into her 60s, the supermodel is redefining the beauty industry, stunning long grey locks and all. Discovered by a photographer on the streets of New York as she was preparing to settle into retirement, Johnson is now a regular feature on the runway and in billboard ads, and is part of a growing club of gorgeous late bloomers.
And while you’re reading about late bloomers, how about living until 150? Don’t miss OZY’s latest Sunday Magazine on the surprising secrets of longevity.
Money Trick: Shrimp Investing
If you like seafood, you’ll love it even more now — because shrimp can thrill your taste buds and make you richer.
Shrimp farming is massively taking off, but some methods create a lot of waste that gets siphoned into nearby waterways. Now a growing movement of zero waste shrimp farming facilities is emerging in America. These systems use algae to filter the water, which holds the waste and recycles it back into the shrimp tanks, making it possible to grow shrimp indoors on a large scale, even in Iowa!
Leave it to Reddit to give you investing advice you never knew you needed. Shrimp farming firms have found a home on the site, with posts urging investors to get in on the craze. Users can offer advice, discuss innovations and even crack jokes. Investor Calder Birdsey tells OZY, “It’s all about riding the shrimpy wave.”
Want to Help Afghans? Here’s How
Here’s a way you can make a difference from wherever you are.
The reputed group is raising contributions to help Afghan women journalists who, because of their gender and profession, face a dual risk under the Taliban.Donate now. And followRukhsana Media, a rare Kabul-based digital publication staffed by women that's still covering what’s happening on the ground, including the Taliban’s first press conference after grabbing power.
2 - UNHCR
The United Nations’ refugee agency will play a central role in the coming weeks and months in helping Afghan refugees resettle in other countries. You can contribute to the agency’s Afghanistan effortshere. Your money could bring someone a warm blanket or tent to survive the night after they’ve left everything behind.
3 - Visions For Children
The German nonprofit is raising money for its work with internally displaced Afghans — who constitute a 3 million-strong population — as they battle to escape the Taliban while surviving without essentials. You can contribute here.
You may know Daveed Diggs as Thomas Jefferson and Lafayette in Hamilton, for his acting work in Blindspotting or Soul or his rapping or writing careers. Today, Diggs shares how his “reckless commitment” to blending these skills together led to his illustrious career and opens up about growing up as the child of a Jewish mother and a Black father. Watch later today.
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OZY is a diverse, global and forward-looking media and entertainment company focused on “the New and the Next.” OZY creates space for fresh perspectives and offers new takes on everything from news and culture to technology, business, learning and entertainment.