Thursday, December 29, 2022

2022: The Year Gone By

After the horrors of 2020 & 2021, Covid-19 was finally off the main headlines in 2022. It’s still not over though with the year bookended by the Omicron wave at the beginning and apprehensions of a new wave emerging from China (where else) at the end. The war maybe be under control but battles are still raging on. While we wait and watch, hopefully much better prepared, here is a recap of some major (and not major) events to look back upon (or maybe not)

1. News Event of the Year: Russian invasion of Ukraine
On 24th Feb ’22, Russia invaded Ukraine. It’s been 10 months, but the battle rages on with territories gained, wrested back and lost again. Apart from the actual battle on the field, there was another one being fought online between two propaganda machines. After a while, no one was quite sure of what was happening on the ground. Only one thing was clear - the human cost was huge and so has been the military spend. There have been economic sanctions and sports bans imposed. Yet the war keeps going on and on. And as a collateral damage, it has spawned arm-chair geopolitical experts, with most having a minor expertise in petroleum economics as well.

2. Designation of the Year: Chief Twit
Elon Musk acquired Twitter (rather was forced to buy after having announced his intent to buy), announced himself as Chief Twit and turned Twitter into a dark comedy channel. Proclaiming free speech, then banning accounts which he did not like, changing policy, firing people and then trying to rehire them, restoring banned accounts, finding himself being voted out as CEO on a poll he conducted! More than the company – he has become a non-stop source of amusement!

3. Work Jargon of the Year
Be “Extremely Hardcore” – the ultimatum given by the “Chief Twit” to the remaining Twitter staff. The deadline passed and far less people remained (What A Surprise!).
On the other end of the spectrum was trend of “Quiet Quitting” – where workers did only what was supposed to be done and not more (Again, What a surprise!).

4. Management Course of the Year: The Football World Cup
From being the “beautiful game” football evolved into a full course in management, with every match, every play, every goal scored, every shot saved, the actions of players, coaches, the watching dignitaries being dissected and ending up as a “what life lessons you can draw from them”? post on LinkedIn.

5. The fall & fall of Big Tech
There were the antics of Musk, the single day drop of $ 230 Billion in valuation of Meta, large layoffs at Amazon & Meta, Elizabeth Theranos (once touted at the next Steve Jobs) sentenced to 11 years jail and finally Sam Bankman-Fried – from appearing on Fortune magazine as the next Warren Buffett to be arrested a few weeks later for what could potentially be the biggest financial fraud! Tech industry was in turmoil to say the least!
And then there was the bizarre case of Chitra Ramkrishna who was running NSE based on advise of a “Himalayan Yogi” who communicated with her via email! 

6. The Eyjafjallajökull of the Year
Remember the volcano with the most exotically unpronounceable name which disrupted European airline traffic in 2010. It found its successor in 2022. The Hunga Tonga-Hunga Ha'apai Volcanic eruption which cut off Tonga from the rest off the world and caused damages worth ~$ 90 Million in a country whose total GDP is less than $ 500 Million

7. The New Fad of the Year - Wordle
There was Wordle, a fun game. You play it and then spam the whole world with your grid of grey, yellow & green! It also spawned variants, more numerous than even the covid variants! It may be off the headlines as the year progressed but remains fun!
8. Lost & Found of the Year: Endurance
1915 - Ernest Shackleton’s ship Endurance sinks off Antarctica.
2022 - 107 Years later, it is found again, resting in the depths of the ocean

9. Book of the Year: Ret Samadhi
Geetanjali Shree’s novel became the first Hindi novel to win the International Booker Prize. Now for a twist in the tale. On Amazon, the original Ret Samadhi is available cheaper than its translation Tomb of Sand!

10. Vegetable of the Year: The Lettuce
Why not, after all it outlasted a Prime Minister. So short was Liz Truss's term, that her biography had to be updated before it could be published! But she did oversee a regime change during her brief stint.

11. Quote of the Year: “I am Mr. McAdams


So this was a bit of 2022. Wishing all readers a Very Happy 2023!

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