How Scottish Independence Will Affect Your Whisky Supplies
Should Scotland become an independent nation next Thursday, how the event will affect the nation's whisky business depends on which side of the political campaign you ask.
Should Scotland become an independent nation next Thursday, September 18th, how the event will affect the nation's whisky business, which accounts for 85% of Scotland's food and drink business, depends on which side of the political campaign you ask.
Those advocating against Scottish independence say that economic uncertainty would result from a majority "yes" vote because it would require a change in currency away from Britain's pound-sterling. This policy was confirmed by Bank of England governor Mark Carney recently who said that maintaining British currency in an independent Scotland is an "incompatible" idea. Instability in the currency market could make Scotch Whisky difficult to price, resulting in marketplace unpredictability.
Those in favor of Scottish independence, such as the chief executive of Yes Scotland Blair Jenkins, has argued that minor Scotch Whisky brands stand to benefit. In a whiskey marketplace already crowded with competing brands, Scotch distilleries would benefit from a higher profile in a newly independent nation. And were there a currency crisis, Scotch Whisky might become much cheaper on the international market, increasing the amount of exports.
Former British prime minister Gordon Brown, who is a native Scot, has campaigned against his homeland's independence. While that may not make him friends back home, it is consistent with his quest for a global society, as recounted by the Economist editor John Micklethwait:
Read more at the Huffington Post UK
Photo credit: Shutterstock
Upstreamism advocate Rishi Manchanda calls us to understand health not as a "personal responsibility" but a "common good."
- Upstreamism tasks health care professionals to combat unhealthy social and cultural influences that exist outside — or upstream — of medical facilities.
- Patients from low-income neighborhoods are most at risk of negative health impacts.
- Thankfully, health care professionals are not alone. Upstreamism is increasingly part of our cultural consciousness.
It marks a major shift in the government's battle against the opioid crisis.
- The nation's sixth-largest drug distributor is facing criminal charges related to failing to report suspicious drug orders, among other things.
- It marks the first time a drug company has faced criminal charges for distributing opioids.
- Since 1997, nearly 222,000 Americans have died from prescription opioids, partly thanks to unethical doctors who abuse the system.
An innovation may lead to lifelike evolving machines.
- Scientists at Cornell University devise a material with 3 key traits of life.
- The goal for the researchers is not to create life but lifelike machines.
- The researchers were able to program metabolism into the material's DNA.
The real Game of Thrones might be who best leverages the hit HBO show to shape political narratives.
- Sen. Elizabeth Warren argues that Game of Thrones is primarily about women in her review of the wildly popular HBO show.
- Warren also touches on other parallels between the show and our modern world, such as inequality, political favoritism of the elite, and the dire impact of different leadership styles on the lives of the people.
- Her review serves as another example of using Game of Thrones as a political analogy and a tool for framing political narratives.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.