BC POLITICS
Saved by @jacobhtml

Ok, it's high time to look at the REAL effects of Brexit. As the Tories implode & Labour sits on its hands, companies are executing contingency plans, shifting jobs & assets, slashing investments, or redomiciling (accounting exercise). Happening NOW, not in a fantasy future. 1/95

 Barden Corporation is closing down its Plymouth factory after 51 years, putting 400 jobs at risk, as its parent company Schaeffler shifts production to various sites outside the UK due to Brexit. 2/95
https://t.co/x0OJalVm6d
8 health providers have warned of medicine shortages in the event of a no-deal Brexit: "we do not believe that the current medicine supply plans will suffice, and we will have widespread shortages if we do not respond urgently." 3/95
https://t.co/iXMaCdww00
Pfizer - $100 million on Brexit prep: "Pfizer’s preparations are well advanced to make the changes necessary to meet EU legal requirements after the U.K. is no longer a member state, especially in the regulatory, manufacturing and supply chain areas." 4/95
https://t.co/zv8xUEVC2W
The Government has spent £4.2 billion pounds on Brexit preparations (£2.2 billion in previous Budgets, plus an additional £2 billion in the most recent Budget.) 5/95
https://t.co/fn47z63mEp
HSBC announced in its 2017 annual report that it had incurred $28 million of "costs associated with the UK’s exit from the EU". 6/95
https://t.co/JymuegrR6I
Chubb (world's largest publicly traded property and casualty insurance company) is redomiciling from the UK to France. It has already received permission from the french regulator, and aims to complete its move on 1 January 2019. 7/95
https://t.co/LcGNUOoyoF
Schaeffler, a car parts company, is closing its factory in Llanelli, Wales, because of Brexit, affecting 220 jobs. The factory opened in 1957. The decision was described in the Welsh Assembly as "the tremor that will lead to the Brexit earthquake". 8/95
https://t.co/o3ChuNxb8w
Columbia Threadneedle switched £6.2 billion worth of assets from UK domiciled funds to Luxembourg domiciled funds. 9/95
https://t.co/2XrQQYUGrf
Standard Life reported having incurred £12 million of "Brexit related costs" in its 2018 half-year results report. 10/95
https://t.co/oyxXhAYOaE
Lloyd's of London (company with 15% of business done with EU27 counterparts) officially opened Lloyd's Brussels, its post-Brexit EU headquarters, in early November 2018. The new operation has 50 staff, and plans to service customers across the EU27. 11/95
https://t.co/gbvX5188wr
A ferry company has brought in 2 new ships, including the "Brexit Buster" ship Celine (600 truck capacity, world's largest short sea roll-on roll-off ferry). Idea is to bypass the UK and send freight directly from Ireland to Belgium and Spain. 12/95
https://t.co/S7IgpggYwj
The annual cost to the NHS of securing all necessary visas and other documentation for its overseas staff post-Brexit (i.e. under the new immigration regime) is estimated at £490 million. 13/95
https://t.co/lGDzw7MA1c
SwissQuote cancelled its expansion plans in London after Brexit, and instead bought a bank in Luxembourg. Chief Executive: "With the coming Brexit we needed to have strategic options and Luxembourg is a very good place for these." 14/95
https://t.co/9JpxriubwR
Haulage companies face a lottery for scarce permits to continue doing business internationally post-Brexit, after the Government admits there are less than 10% of the needed number of permits to go around. 15/95
https://t.co/rVXAk9S3eH
Bank of America has spent between $300 and $400 million preparing for Brexit, including establishing new subsidiaries in Paris and Dublin, moving staff etc. Final cost not yet clear as project is ongoing. 16/95
https://t.co/dROzbJx2Xv
Brexit is killing a crucial source of early-stage tech funding: "Funding for UK tech firms by the European Investment Fund (EIF) fell by 91 per cent during 2017 to €61.1m (£53m) compared with €708.8m the previous year." 17/95
https://t.co/3e7UznPEbi
DEXEU (the Brexit Ministry) has spent over £100 million (estimated) on staffing costs since the referendum. That figure's just for the people in the department, and doesn't account for any other costs... 18/95
https://t.co/WVQ4fvlnTy
Insurer Hiscox spent US$15 million (£11.5 million) in preparations against a no-deal Brexit. 19/95
https://t.co/3oVC9eFHUg
A $15 billion hedge fund specialising in distressed debt is gearing up to profit out of Brexit chaos. (You just *knew* the vultures would be circling...) 20/95
https://t.co/q7AneHKMUp
The Government estimates that it will cost the chemicals industry £450 million to reregister chemicals under a post-Brexit regime. (That's just to replicate the status quo.) 21/95
https://t.co/08GeliwW1g
So many firms are stockpiling food against the disruption of Brexit that a specialist cold storage company has now completely run out of room...
https://t.co/WDx2dxwA51 22/95
Recardio is halting clinical trials in the UK of a new heart drug because of concerns over Brexit, and drug approval regimes. 23/95
https://t.co/tKWUc3zp8Y
Sir Jim Ratcliffe, the UK's richest person (and a Brexit supporter) decided to leave the UK for Monaco in mid-2018. 24/95
https://t.co/bovzn9Jv9c
Scotland Yard is having to spend £2.4 million on setting up a no-deal Brexit "safety net unit" after Government ignored its reasoned warnings over how Brexit would make the UK less safe. 25/95
https://t.co/IwblsN0tlk
European Medical Agency (EMA), Europe's medicines regulator, is moving from London to Amsterdam. It used to employ close to 900 people in London. It's had to cut its short-term service offering as it will lose at least 30% of staff during the move. 26/95
https://t.co/zN8lndkpgm
HSBC is transferring legal ownership of its Polish and Irish subsidiaries from the UK to its French unit. 27/95
https://t.co/6eQQfCFjmq
The Government has 7000 civil servants working on Brexit, plus Treasury funding for 9000 more. (Easy to imagine the mountains of red tape - and paper - they're generating as a result!) 28/95
https://t.co/raCEY7Sybg
New Look (fashion retailer) are closing a further 25 stores (85, up from planned 60 store closures) citing "significant headwinds and uncertainties, including Brexit". 29/95
https://t.co/Dm28ydz1p1
Investment in UK renewables fell 46% year-on-year because of Brexit concerns. 30/95
https://t.co/ZLqaBmewxb
Deutsche Bank moved about half its new euro swaps business away from LCH (UK-based clearing house) and onto Eurex (based in Germany) in August 2018. 31/95
https://t.co/HUV5teBQOW
Broadcasters have begun to move licenses to EU27 countries, since channels licensed in the UK will no longer have the right to broadcast cross-EU after Brexit. Viacom and Viceland have secured licenses in the Netherlands. 32/95
https://t.co/XRk3RQQSJh
GSK Brexit prep spend: "We currently anticipate that the cost to implement these and other necessary changes could be up to £70 million over the next two to three years, with subsequent ongoing additional costs of approximately £50 million per year." 33/95
https://t.co/eRh3K7nc15
Barclays is moving €250 billion of business to Dublin ahead of Brexit, making it Ireland's largest bank. It has already secured a huge gleaming new office building there in preparation. 34/95
https://t.co/YKrpkin44E
Home Office private beta of EU citizen registration system took 2 weeks to process just 1,053 people (despite testing relatively "easy" batches of applicants). Full system will have to work 36x faster to cope with *3 million* people in 3 years. 35/95
https://t.co/BFE9dGdGWq
Standard Chartered has applied to turn its Frankfurt branch into its EU subsidiary. It initially expected to move 20 jobs, but recently announced that more would go. 36/95
https://t.co/ISzniwsknG
The Customs Declaration Service (CDS) is a major new HMRC IT system meant to replace existing customs systems. Supposed to be ready by January 2019. Delays mean it won't be ready by Brexit Day. Old and new systems will have to run in parallel. 37/95
https://t.co/QosWrerJ5h
Daiwa Capital Markets established a new subsidiary in Frankfurt on 3rd September 2018 "so that Daiwa can continue to provide a full service to its EU-based clients post-Brexit." 38/95
https://t.co/Mban2WcWXb
Steris PLC, a company with $2.6 billion in annual revenue, has redomiciled its HQ from the UK to Ireland due to Brexit. 39/95
https://t.co/pSCw7Hin91
Veterinary drugs producer Dechra Pharmaceuticals decided to move ahead with its contingency plans for a hard Brexit in September 2018, at a cost of £2 million. 40/95
https://t.co/wyLibtme04
A major financial firm, CME Group's BrokerTec, is leaving London for Amsterdam because of Brexit, taking its $240 billion/day repo market with it. 41/95
https://t.co/5Bazyd7EMS
Marshall Wace, one of the biggest hedge funds in the UK, has obtained a license to run management companies in Ireland & plans to grow its Dublin presence as a protective measure against Brexit. (Its chairman and CEO donated £100,000 to Leave) 42/95
https://t.co/lcXSeZyjwe
Hiscox are transferring some aspects of their business to Luxembourg, and expect the Part VII transfer to complete by 1 January 2019. "The Transfer will move £421.5m of liabilities (and the corresponding assets) from HIC to HSA." 43/95
https://t.co/pcLtyC6B7m
Panasonic is moving its European HQ from the UK to Amsterdam (the legal aspects of the move were completed in October 2018, as the £200 million capitalised UK company was absorbed by Panasonic's Dutch entity). 44/95
https://t.co/O3FXaqYAVL
Volex PLC is looking for new arrangements for approx $7 million in sales: "We have already begun looking for an alternate dock on mainland Europe to take delivery of the half of sales destined for EU end customers." 45/95
https://t.co/t6TQud66pQ
AstraZenica estimates its Brexit-related costs at £40 million for duplicate drug testing requirements, and building up product stockpiles. 46/95
https://t.co/vmeA5RcbVg
The London Stock Exchange is implementing its hard Brexit contingency plans: "These contingency plans include incorporation of new entities in the EU27 and applications for authorisation within the EU27 for certain group businesses." 47/95
https://t.co/MStMy5xj3U
MS Amlin receives the green light to redomicile Amlin Insurance SE from the UK to Belgium. 48/95
https://t.co/mpfhA03ySc
Once we're out of the EU, we'll be cut out of the pan-EU transport strategy (which unlocks billions of euro in grants and other funding). Indeed, EU transport maps will be redrawn (policy-wise, not literally!) so that the UK doesn't appear any more. 49/95
https://t.co/8mus4tyCqj
The latest September 26 version of the UK Government's OFFICIAL list of remaining "Brexit Unknowns" runs to 63 pages. (That's despite the fact that its very first assumption is that we will get a Withdrawal Agreement.) 50/95
https://t.co/lp90ejxrcY
Halford Group Plc stated in its FY19 interim results that: "The weaker pound since the Brexit vote has increased our cost of sales by a cumulative circa £40m by the end of FY18 compared to FY16." 51/95
https://t.co/aNOwkI09gz
A new work order for the "Galileo Control Segment" ground infrastructure monitoring the Galileo constellation of satellites was won by GMV Aerospace and Defence of Spain. Up until now, GCS had been provided by Airbus in Portsmouth. 52/95
https://t.co/EnzOkm73bK
UK companies with a .eu domain name will no longer be eligible to renew them after Brexit, nor will they be entitled to register new .eu domains. This affects an estimated 300,000 domain registrations. 53/95
https://t.co/GzpBvJsbrF
The Financial Conduct Authority (FCA) says in its 2018/19 business plan that they "have identified total EU withdrawal demand [costs] of around £30m", and that part of that will have to be funded by raising the fees they charge firms. 54/95
https://t.co/XMc5HsW1hu
France's top banks are moving 500 jobs out of London due to Brexit. 55/95
https://t.co/m9LTzOdLDd
Markel Corporation announced in July 2018 that it had been granted a license to establish an insurance company in Germany so as to be able to continue servicing EEA clients after Brexit. 56/95
https://t.co/ayVvP85QbW
GoldCore opened Ireland's first institutional-grade gold storage vault in October 2018, anticipating that investors will move gold bars from London to Dublin due to Brexit. The firm's initial target is 0.5% of the $300 billion of gold held in London. 57/95
https://t.co/qdCPGuVC3y
The UK Government spent £700,000 on the tables and chairs for an office in Leeds being set up to deal with Brexit. The office will be fully kitted out by the beginning of December, and 1,000 staff dealing with Brexit issues will be based there. 58/95
https://t.co/soye6FQYFk
The DHSC wrote to hospitals re potential shortages of imported foods under no-deal Brexit: "Instructions will be given to major producers of patient meals to put in place contingency arrangements, to account for short supply of certain ingredients." 59/95
https://t.co/koIi5AKG4c
In October 2018, the CEO of Mercedez-Benz revealed to Paris motor show attendees that the company had been investigating the prospect of building cars in the UK, but killed the project after Brexit. 60/95
https://t.co/aCMyCUqyuO
Liberty Specialty Markets is redomiciling its insurance company from the UK to Luxembourg 61/95
https://t.co/SDwotkuknM
The European Banking Agency (EBA) - the banking regulator for the EU - moved its operations from London to Paris, affecting 160 staff. 62/95
https://t.co/5EhyWElCeg
JPMorgan and other leading US banks are getting ready to shift over 250 billion euro in assets from London to Frankfurt. 63/95
https://t.co/35eYFWMoVD

More from Edwin Hayward

Edwin Hayward \U0001f984 \U0001f5e1
Edwin Hayward 🦄 🗡...
@uk_domain_names
Here we go. The final Brexit debate begins. The final splash of petrol on the dumpster fire before the match is lit at 11pm tomorrow night.

Boris Johnson deliberately mocks the SNP by calling them the Scottish Nationalist Party, despite being admonished by the Speaker. There speaks a man who doesn't give an itty bitty toss.

Boris Johnson: "Just as we've avoided trade barriers"

What? Ah, it's because he carefully defined them as "tariffs and quotas" just before lying about them.

There will be massive, massive non-tariff barries.

He's dodging the question about fishing and Northern Ireland, wriggling like one of those eels the EU won't be buying any more.

Boris Johnson is bigging up the speed with which the UK managed to reach a trade deal.

But a trade deal that favours the interests of your counterpart while securing almost none of your own *should* be a quick process. Biting your hand off takes no time at all!
BREXIT
Edwin Hayward \U0001f984 \U0001f5e1
Edwin Hayward 🦄 🗡...
@uk_domain_names
THREAD: Here are the essential points from the EU's time-limited, limited effect no-deal Brexit mitigation offer.

(Most concessions are unilateral measures it will implement. Some require UK cooperation - not clear what happens if we refuse to do

Air travel
"Unless there is a contingency measure in place on air transport at the end of the transition period, air traffic between the EU and the United Kingdom will be interrupted."

The EU is proposing 6 months of reciprocal concessions to keep (most) planes flying.


However, they're not offering any concessions on airline ownership requirements, so BA for one may come unstuck here (depending on how its restructured shareholding is going). Its message: you already had plenty of time to prepare, including a grace period.


Road transport

A) Haulage
With no agreement, hauliers would have to use ECMT permits to provide any freight transport between the UK and the EU. But there aren't nearly enough of those to go around. So they're giving a basic grace period of 6 months, as long as we reciprocate.


B) Bus services
"Furthermore, in the absence of an agreement on a future partnership between the EU and the United Kingdom by 1 January 2021, regular bus services to and from the United
Kingdom would have to be interrupted"

Here too, offer is 6 months of continued connectivity.
BREXIT
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Edwin Hayward \U0001f984 \U0001f5e1
Edwin Hayward 🦄 🗡...
@uk_domain_names
A few thoughts in advance of seeing the Brexit deal, assuming it's not scuppered at the last.

1. It will save industries, in the short term. For all the problems it *won't* solve, there is at least that. Tariffs would have finished off some sectors like switching off a light.

2. Expect a lot of confusion (through ignorance, and deliberate obfuscation by certain segments of the media) between free trade and frictionless trade. Trade that is free can still come with plenty of friction. Those extra £billions in customs paperwork won't go away.

3. There may be a standstill or implementation period. If there is, that will be helpful because it will let us get further down the road of vaccinating against the coronavirus, and resolving one crisis before plunging into the rest.

4. Any standstill will trigger a huge wave of "you told us scary things would happen, but they didn't." If you're counting along, it will be the 3rd such wave. First was during the negotiations while we were still EU members. Second during transition when EU rules still applied.

5. Those are just words. But the damage to the economy is real. So a standstill remains preferable, though teeth may have to remain gritted a while longer as a result.

6. Expect a few positive surprises. (Not compared to EU membership, but to what would otherwise have been.)
BREXIT
Edwin Hayward \U0001f984 \U0001f5e1
Edwin Hayward 🦄 🗡...
@uk_domain_names
Here's how the UK's situation will change after the transition period ends, compared to our former EU membership...

(Come back to this thread. It will keep growing!)

- UK can negotiate its own trade deals
- No more automatic participation in new trade deals reached by the EU

- UK gets to keep fish equivalent to 25% of the catch EU boats previously caught in UK waters, staggered over 5.5 years
- Costly export health certificates for fishery products
- Inbound and outbound customs and regulatory checks (UK side will defer some of these temporarily)

- Stringent rules of origin and local content requirements
- Loss of freedom of movement for UK citizens in the EU and EU citizens in the UK (Ireland excepted)
- No Erasmus programme
- No equivalence decision for financial services

- A border down the Irish sea between NI & GB
- No access to the Galileo military
- Temporary agreement on data, which expires in 6 months
- 2 parallel trademark systems, requiring firms to file twice in the UK and the EU

- 2 parallel product conformity assessment systems (CE and UKCA), requiring firms to file twice in the UK and the EU. One year grace period (with exceptions).
- 2 parallel chemical regulatory systems (REACH and UK REACH), requiring firms to register twice in the UK and the EU
TRADING
Edwin Hayward
Edwin Hayward
@uk_domain_names
Handy guide for Dominic Raab and other Brexiteers, and for anyone keen to replace our EU trade with trade with the rest of the world on WTO terms...


You can't magic away the vast distances involved. Clue: we fly in only 1/192th of our trade compared to the amount that arrives via sea


But even if you invented a teleporter tomorrow, WTO terms are so bad, so stacked against us, that a no-deal Brexit will be a total economic disaster


And while the Brexiteers fantasise, real jobs are being lost, investments are drying up, companies are moving assets to the EU27 or redomiciling. All already happened and happening right now, not in some mythical


Of course, there are many, many myths that Brexiteers perpetuate that are total fiction. You've seen a couple of them already. The thread below busts a whole lot
POLITICS

More from Politics

Noah Smith
Noah Smith
@Noahpinion
Met a Brazilian-American Lyft driver from San Diego who passionately attacked the racism of Republicans, then switched to passionately defending Bolsonaro.

If I were Thomas Friedman, I could tell you what this means.

Met a Haitian-American in a restaurant who said he'd always vote for Democrats because of the immigration issue, but that he has conservative beliefs too. "I don't want to pay for someone's abortion!", he declared.

Met a Latino Lyft driver from San Jose who said that while he was liberal, California was getting too liberal for him and he was considering moving to San Antonio.

Again, not being Tom Friedman, I am unable to offer any commentary on the political and policy implications of these conversations.

I guess my only thought is that political opinions are pretty complex and multidimensional, out there in the real world.

(end)
POLITICS
Mike Dunford
Mike Dunford
@questauthority
THREAD:
Good afternoon, followers of frivolous election litigation. There's a last-minute entry in the competition for dumbest pre-inauguration lawsuit - a totally loony effort to apparently leave the entire USA without a government.

We'll start with the complaint in a minute.

But first, I want to give you a quick explanation for why I'm going to keep talking about these cases even after the inauguration.

They're part of an ongoing effort - one that's not well-coordinated but is widespread - to discredit our fundamental system of government.

It's a direct descendent, in more ways than one, of birtherism. And here's the thing about birtherism. It might have been a joke to a lot of people, but it was extremely pernicious. It obviously validated the racist "not good enough to be President" crowd. But that wasn't all.

Don't get me wrong, that was bad enough. Validating racism helped put the kind of shitbird who would tweet this from an official government account into power. But it didn't stop


(Also, if you agree with Pompeo about multiculturalism - the legendary melting pot - not being what this country is all about, you need to stop following me now. And maybe go somewhere and think about your life choices and what made you such a tool.)
POLITICS
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Faisal Islam
Faisal Islam
@faisalislam
NEW - on @skynews shortly:
Reliable source tells me Withdrawal Deal text contains

- No unilateral exit from backstop

- Large annexe on level playing field

.... after reporting this on @SkyNews I get a call from a different senior source that this is “spot on” and further that the Attorney General Geoffrey Cox has not pulled his punches in confirming in legal advice there is “no unilateral exit” from backstop ...

... furthermore I’m told (and this chimes with excellent Times splash this morning re Weyand) that the future partnership then takes its starting point as the activated backstop - ie UK-wide customs union-style arrangement and level playing field.

Understand that a ministerial briefing on the draft Withdrawal Agreement meant to drum up support from some trade organisations due tonight has now been postponed
POLITICS
Jugal / \u091c\u0941\u0917\u0932
Jugal / जुगल...
@jugalrp
IMP 🚨 INVESTIGATION

India's lockdown was called world's largest, strictest etc. @ BBC, we wanted to know how the govt planned it.

So, what're we looking at?

Govt docs that reveal every department/agency who was consulted by PM Modi before imposing #lockdown.

#Thread


How did we access the docs? Well, for months my colleague Arjun Parmar and I filed RTI applications with the relevant govt depts - State & Centre. Hundreds in fact. We then filed appeals, then filed second appeals..phew!

Background - this day last year, India had less than 600 cases and nine deaths. Some European & Latin American nations (with way higher numbers) had imposed lockdowns.

China, with thousands of deaths and cases by March 2020, never imposed a national lockdown.

One more thing - India started monitoring and preparing it's response to coronavirus from January 8, 2020. It was repeatedly mentioned that none other than PM was personally leading the effort.

Let's start with what we've got now.

India's lockdown was imposed by an @ndmaindia order. Who heads NDMA? Prime Minister.

So we asked NDMA - who all were consulted before lockdown? Also, how many NDMA meetings did the PM attend? Their response.

NIL to both. Yes, NIL.
POLITICS
Jean-Michel Connard
Jean-Michel Connard
@torriangray
so my eldest brother, who is a moron, has been playing soldier with his moron friends in the deserts of texas for the last year preparing for the collapse of civilization if biden won (lol). they were burying food and ammo stashes out in the desert, running drills, crazy stuff

this included getting a cb license so he could be their lifeline to other groups of white idiots when the cell towers all went offline. wouldn't want to violate federal law while communicating with your resistance groups after the fall of the federal government i guess.

anyways, you would assume given that they've been prepping for the end of the world for at least a year they're well situated to ride out the rolling blackouts right?

wellll

their plan for cooking and heating during an extended power outage was natural gas, but like a lot of homes their gas service is out. the food in their freezer and fridge is already toast due to the power outrages, so they're down to canned stuff, but there's a catch.

they can get into the pull top cans just fine, but the ones that require an opener? their only can opener is electric. so a good 3/4 of his canned food store is inaccessible to him unless he goes after it with a knife, which i sincerely hope he does.
POLITICS , PREPPERS

You May Also Like

V\u0936\u0941\u0926\u094d\u0927\u093f
Vशुद्धि...
@V_Shuddhi
The first ever world map was sketched thousands of years ago by Indian saint
“Ramanujacharya” who simply translated the following verse from Mahabharat and gave the world its real face

In Mahabharat,it is described how 'Maharishi Ved Vyasa' gave away his divine vision to Sanjay


Dhritarashtra's charioteer so that he could describe him the events of the upcoming war.

But, even before questions of war could begin, Dhritarashtra asked him to describe how the world looks like from space.

This is how he described the face of the world:

सुदर्शनं प्रवक्ष्यामि द्वीपं तु कुरुनन्दन। परिमण्डलो महाराज द्वीपोऽसौ चक्रसंस्थितः॥
यथा हि पुरुषः पश्येदादर्शे मुखमात्मनः। एवं सुदर्शनद्वीपो दृश्यते चन्द्रमण्डले॥ द्विरंशे पिप्पलस्तत्र द्विरंशे च शशो महान्।

—वेद व्यास, भीष्म पर्व, महाभारत


Meaning:-

हे कुरुनन्दन ! सुदर्शन नामक यह द्वीप चक्र की भाँति गोलाकार स्थित है, जैसे पुरुष दर्पण में अपना मुख देखता है, उसी प्रकार यह द्वीप चन्द्रमण्डल में दिखायी देता है। इसके दो अंशो मे पीपल और दो अंशो मे विशाल शश (खरगोश) दिखायी देता है।


Meaning: "Just like a man sees his face in the mirror, so does the Earth appears in the Universe. In the first part you see leaves of the Peepal Tree, and in the next part you see a Rabbit."

Based on this shloka, Saint Ramanujacharya sketched out the map, but the world laughed
ALL
Suhas S. Hardutt
Suhas S. Hardutt
@HarduttSuhas
Marvels of Medical Science in Ancient India

ACHARYA SUSHRUTA and SUSHRUTA SAMHITA

Ancient Indians were pioneers in diverse fields of study and their genius was centuries ahead of their times. Feel the glory, basking in pride of their unparalleled achievements.

(Thread)


Sushruta (circa 7th or 6th century BC) was a surgeon who in present times is known as the “father of Indian medicine” and “father of plastic surgery” for inventing and developing surgical procedures. He lived in Kashi on the banks of river Ganga.(1)

His work documented in the Sushruta Samhita (compendium) is one of the oldest texts in the world on plastic surgery and regarded as one of the trilogies of Ayurveda. The other 2 being the Charaka Samhita and Astanga Hridaya.(2)

Sushruta compiled the Sushruta Samhita as an instruction manual for physicians to treat patients.(3)

The Samhita caters to surgical techniques listing over 300 surgical procedures and 120 surgical instruments. Additionally to 1,120 diseases, injuries and their treatments with over 700 medicinal herbs and their application.(4)
RELIGION
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Guillaume Chaslot
Guillaume Chaslot
@gchaslot
The YouTube algorithm that I helped build in 2011 still recommends the flat earth theory by the *hundreds of millions*. This investigation by @RawStory shows some of the real-life consequences of this badly designed AI.


This spring at SxSW, @SusanWojcicki promised "Wikipedia snippets" on debated videos. But they didn't put them on flat earth videos, and instead @YouTube is promoting merchandising such as "NASA lies - Never Trust a Snake". 2/


A few example of flat earth videos that were promoted by YouTube #today:
https://t.co/TumQiX2tlj 3/

https://t.co/uAORIJ5BYX 4/

https://t.co/yOGZ0pLfHG 5/
TECH , FLAT EARTH
Marc K\xf6hlbrugge
Marc Köhlbrugge
@marckohlbrugge
💬 I often get Q’s like these:

How did you get your first customers for WIP? How did you grow BetaList’s traffic? Etc.

Makers are looking to reverse-engineer success. I see it everywhere.

I don’t think it works that way and the answers to those questions are mostly useless. 💥

I have built dozens of different products over the last couple of years. The vast majority failed. 😭

Surely if I know the answers to these questions, but still fail over and over again, these answers aren’t that useful. 🤷‍♀️

So what’s a better question to ask? 🤔

99.9% of the questions I receive are about the products that did well. In a way that makes sense, because we quickly forget about those that didn’t succeed.

🧠 This is known as survivorship bias.

Focusing on what survived, while ignoring what made it survive in the first place.

The real question, what you really want to know, is this:

What makes @WIP, @BetaList, and to some extent @AllStartupJobs succeed where my countless other attempts failed?

What separates a failed product 👎 from a successful product 👍?

Honestly, I don’t know. I wish I did.

It’s like Steve Jobs said “I’ll know it when I see it.” 👀

Same is true when we make products. We don’t know upfront what will work. But once we see an inkling of a product that does have potential, it’s not that hard to spot.
STARTUPS
James Clear
James Clear
@JamesClear
My top 10 tweets of the year

A thread 👇

https://t.co/xj4js6shhy


https://t.co/b81zoW6u1d


https://t.co/1147it02zs


https://t.co/A7XCU5fC2m
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