The Power Vacuum at the Top of the Crypto Industry | Leaders Focus Too Much on Changing Policies, and Not Enough on Changing Minds | Chinese Doctor and AIDS Activist Gao Yaojie Dies at 95 | Armenia is turning against its erstwhile guardian, Russia

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� � � � � � You Might Like � � � � � � � � � The Power Vacuum at the Top of the Crypto Industry -     A year ago, Sam Bankman-Fried and Changpeng Zhao ran two of the largest crypto companies. As they grapple with legal woes, others are jockeying to lead the industry’s next chapter. David Yaffe-Bellany covers the cryptocurrency industry. But the sudden explosion of optimism has come at a turbulent moment for the cryptocurrency industry. Continued here � � � � � � You Might Like � � � � � � � � � Leaders Focus Too Much on Changing Policies, and Not Enough on Changing Minds - Harvard Business Review    So why is business transformation so difficult to achieve? One reason is the invisible fears and insecurities that keep us locked into behaviors even when we know rationally that they don’t serve us well. Leaders can change processes, policies, seating arrangements, and other external factors, but until they change people’s internal feelings, assumptions, blind spots, and fears, they’ll struggle to make change stick. This kind of transformation should start with the leaders themselves, since its their personalities that often shape corporate culture. Not long ago, I asked 100 CEOs attending a conference how many of them were currently involved in a significant business transformation. Nearly all of them raised their hands, which was no surprise. According to a study by BCG, 85% of companies have undertaken a transformation during the past decade. Continued here � � � � � � You Might Like � � � � � � � � � Don't like ads? Go ad-free with TradeBriefs Premium Chinese Doctor and AIDS Activist Gao Yaojie Dies at 95 - TIME    Renowned Chinese doctor and activist Gao Yaojie who exposed the AIDS virus epidemic in rural China in the 1990s died Sunday at the age of 95 at her home in the United States. Gao's outspokenness about the virus outbreak — which some gauged to have infected tens of thousands — embarrassed the Chinese government and drove her to live in self-exile for over a decade in Manhattan, New York. Gao became China’s most well-known AIDS activist after speaking out against blood-selling schemes that infected thousands with HIV, mainly in her home province of Henan in central China. Her contributions were ultimately acknowledged to a certain extent by the Chinese government, which was forced to grapple with the AIDS crisis well into the 2000s. Continued here � � � � � � You Might Like � � � � � � � � � Armenia is turning against its erstwhile guardian, Russia - The Economist    RUSSIA is close to losing one of its last old friends: Armenia. The Kremlin is irritated by the country’s recent overtures to America, Europe and Ukraine. Armenia says Russia has abandoned its pledge to protect it from Azerbaijan. In October, Nikol Pashinyan, the prime minister, accused Russia of trying to overthrow his government. Moscow did little to deny it: its state media quoted an anonymous high-ranking source accusing Mr Pashinyan of “following in the steps of [Ukraine’s President Volodymyr] Zelensky”. Mr Pashinyan, a critical journalist, came to power in 2018 after protests overthrew a Russia-friendly regime. But he tried to keep the Kremlin onside, even sending Armenian forces to co-operate with Russia’s interventions in Syria and Kazakhstan. Relations nevertheless began to sour in 2020, when Russia stayed largely neutral while Azerbaijan bested Armenia in an attack on Nagorno-Karabakh, an ethnic-Armenian enclave. Still, after that war Russia sent 2,000 peacekeepers. Afterwards Azerbaijan carried out repeated incursions. That should have activated the mutual-defence provisions of the Collective Security Treaty Organisation (CSTO), a Russia-led pact to which Armenia belongs. But Russia dithered. In September 2023 Azerbaijan launched a lightning offensive to capture the rest of Nagorno-Karabakh. The Armenian authorities surrendered, nearly the entire population fled, and the Russians just watched. Continued here

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