Protecting the Ocean at the 5th World Ocean Summit
According to UN Environment, by 2050, there could be more plastic than fish in our oceans. That's why the Economist is hosting its 5th World Ocean Summit right now.
Lisa Emelia Svensson is the Global Director for Ocean at UN Environment and she joined Cheddar from the Summit. Svensson explains that the focus of this year's summit is to grow awareness around issues facing the ocean and to partner with private sector businesses that can bring financing and innovation to the space.
Svensson stresses the importance of protecting the coral reef as well. Coral reefs not only protect coastlines, but the beautiful organisms serve as major tourist attractions across the world. The dual financial impact makes protecting reefs essential for conservationists and governments alike.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!