Remote workers are falling behind in one major way: They're forgetting how to hang out with people | 'It all disappeared with Brexit': Craft beer boom ends as more than 100 UK firms go bust | China’s property sector is on the brink of disaster – again

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Don't like ads? Go ad-free with TradeBriefs Premium Remote workers are falling behind in one major way: They're forgetting how to hang out with people - Business Insider    Griffin Leeds knew something was off when someone walked into the restaurant he worked at and asked if they could buy food and sit down. "I was like, yeah, my guy, it's a restaurant. That's the whole gig. That is what this is. That's what this business does," the 31-year-old waiter, who lives in Brooklyn, said. That was in June 2021, when the world was first starting to reopen. Vaccines were widely available, and Americans were tiptoeing back outdoors. But it doesn't seem like they have remembered how to be there — and some have continued to opt out altogether. Continued here You Might Like � � � � � � � � � 'It all disappeared with Brexit': Craft beer boom ends as more than 100 UK firms go bust - the Guardian    Kimi Karjalainen and his brother Marko poured their life savings into Bone Machine Brewing Co when it opened in Pocklington, East Yorkshire, in 2017 before moving to Hull, as part of the craft beer revolution that swept Britain. "The entire investment, not including time and labour that we gave for free, was about £70,000," Karjalainen said. Four weeks ago, it was gone. "That was my parents' retirement." "It just got too much - Brexit," Karjalainen said. "We were heavily geared for export. We'd be selling to Finland, Sweden, Norway, Ireland, Netherlands, Italy, Spain. We had Hungary in the pipeline. And it all disappeared with Brexit." Continued here China's property sector is on the brink of disaster – again - The Spectator    Once, not that long ago, few people outside China had heard of the property developer Evergrande. Now it is synonymous with failure, debt and loss – and seen as the tipping point in China’s real estate market three years ago. Now meet Country Garden, another large property developer, hailed even a year ago as a model ‘corporate citizen’. As of this week, it is a penny stock facing a debt and liquidity crisis, cannot service its US dollar debt, and is on the brink of default. Its financial demise is not quite on the scale of Evergrande, but it comes at a worse moment, when China’s economy is in the eye of a bad economic news storm, consumer and business confidence are fragile, and when the word ‘contagion’ has resurfaced.   The bigger story is that China’s development model is no longer fit for purpose, and hasn’t been for some years Country Garden and Evergrande are the highest profile failures in China’s beleaguered real estate sector, in which companies like these, accounting for two fifths of Chinese home sales, have defaulted. Country Garden has liabilities of around $190 billion, compared to $300 billion for Evergrande, but also has over 3,000 projects across China, or four times as many as Evergrande. If Country Garden has to write off unsold or uncompleted homes, or if prices fall even more significantly, there will be greater contagion risk.  Continued here

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