Caravan Magazine

A journal of politics and culture

Month: March 2023

Banking Crisis Survivors Reflect: How Quickly Confidence Can Collapse

Steve Chiavarone vividly remembers the unsettling confidence many financial experts had before the 2008 financial crisis. As a senior portfolio manager at Federated Hermes, he recalls how, just months before the collapse, strategists dismissed fears of a deep recession, projecting…

War

How the Ukraine War Accelerates U.S. Defense Strategy

In the world of defense strategy, the wisdom of prioritization is often emphasized. Frederick the Great once said, “Little minds try to defend everything at once, but sensible people look at the main point only; they parry the worst blows…

Facebook Moderators in Kenya Sue Meta Over Mass Layoffs and Alleged Union-Busting

A group of former Facebook content moderators in Kenya has filed a lawsuit against Meta, the platform’s parent company, and two outsourcing firms, Sama and Majorel, over what they allege to be unlawful layoffs and retaliatory practices. Supported by Foxglove,…

Walgreens Faces $200 Million Lawsuit from Former CEO Over Broken Contract

Greg Wasson, the former CEO of Walgreens, has filed a $200 million lawsuit against the company, accusing it of breaching a contract related to a technology project he helped establish. Wasson, who worked at the pharmacy giant for more than…