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Warren Buffett won’t take the Reddit bait

“All that’s required is the passage of time, an inner calm,” began a sentence in Warren Buffett’s annual letter to his followers. He was talking about the essentials of investing in a farm or business, but it felt like a metaphor for the collectively lonely and despairing moment that the world found itself in during the past year. With his ...

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Russia needs Alexey Navalny, warts and all

Human rights group Amnesty International has revoked Alexey Navalny’s prisoner of conscience status because of past xenophobic comments. The jailed Russian opposition leader’s anti-migrant statements and nationalist dalliances are well-known. He has never retracted those views. Yet history books are full of imperfect crusaders — proof we can’t always choose a model citizen to galvanise others in the battle for ...

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Australia mulls aid to Qantas, others once wage subsidy ends

Bloomberg Australia’s treasurer said he’s considering measures to support firms like Qantas Airways Ltd and others that are still struggling with fallout from the coronavirus pandemic, once the government’s JobKeeper wage subsidy expires late next month. “We are looking at other measures that we can put in place post-JobKeeper to support a range of industries including the aviation sector,” Josh ...

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