A Modern Neo-Feudal State, The Tech Lords Ushering in a Return to the Medieval
If ever such tech lords decide that their will should supplant that of the majority's, or that through their influence they might alter the course of history by sustaining one country's war of aggression on another or by manipulating the political landscape, democracy will be the casualty - in America and throughout the world.
Mar 26, 2024 03:28 PM EDT
The Federal Reserve's 'Death Star'. The Battle Over America's Wallets.
The CBDC debate continues. Concerns over the exploration of the creation of a central bank digital currency in the United States, commonly referred to as a CBDC, has some lawmakers up in arms regarding its potential for increased government surveillance and control.
Tech Boom in the Philippines? US Investments Could Signal Lucrative Opportunities
The United States Commerce Secretary Gina Raimondo stated during an official visit to Manila on Monday that American businesses are expected to announce investments totaling more than $1 billion in the Philippines.
Shocking Numbers: Here's What You Really Need to Earn in Major US Cities
A recent analysis found that living comfortably in any of the country's major cities would cost a lot of money.
Latest News
Beijing air quality is improving
Beijing environmental authorities reported that Beijing's air quality in 2015 was better compared to 2014 despite the city's first two red alerts for pollution. Besides that, Beijing also reported a total of 186 days with air quality meeting the national standard for 2015.
Jan 05, 2016 10:48 PM EST
Boeing bags $855-mn contract for T-38C logistics support
Boeing Co has bagged $855-mn contract from the US Air Force. Boeing will offer avionic component integration and contractor logistics support for T-38C aircraft. The duration of the contract is 10 years and works are scheduled for completion by January 2026.
Jan 05, 2016 08:10 PM EST
Teacher Raped By Inmate Received $3 Million Settlement
Former female prison teacher who was attacked and raped by inmate received $3 million settlement. The attacker was a convicted sexual offender and the teacher was left alone in a classroom with him.
Jan 05, 2016 11:02 PM EST
Oklahoma regulator orders for lower wastewater disposal after earthquakes
Oklahoma's oil and energy regulator has ordered injection well operators to reduce wastewater disposal. The state suffered about a dozen earthquakes in less than a week. The regulator has started implementing an action plan for injection wells located in the area that was hit by earthquake.
Jan 05, 2016 03:55 AM EST
Civil Lawsuit Against Volkswagen May Pave Ways For Criminal Probes
Volkswagen, has been forced to face civil lawsuit on Monday allegedly due to deliberately violating Clean Air Act. After being caught by the regulator in September, VW has admitted installing software that is designed to trick regulators while undergoing official tests. However, if proves guilty, VW may count penalty up to $18 billion and face other criminal charges in the US as well as other parts of the globe.
Jan 05, 2016 07:52 PM EST
Saudi Suspends All Flights and Trade With Iran
Saudi Arabia suspends all flights to and from Iran. The country also ban its citizen to travel to Iran in a new chapter of Middle East sectarian.
Jan 05, 2016 03:24 AM EST
Tesla Car Caught Fire in Norway While Charged
Tesla Motors started 2016 with an incident. In Norway, its Model S was caught fire while being charged last Friday.
Jan 04, 2016 10:25 PM EST
Japan's central bank playing activist investor role to revive economy
With an objective of reviving the economy, Bank of Japan (BoJ), Japan's central bank, is playing a role of activist investor in the domestic equity markets. The central bank's governor and Prime Minister are also asking corporate companies to increase capital expenditure and wage rise. Bank of Japan holds $54 billion in exchange-trade funds (ETFs). Japan's economy is suffering from weaker consumption and deflation.
Jan 05, 2016 03:21 AM EST
2016 may generate 3.5mn jobs in India
The year 2016 may witness encouraging employment generation, but moderate salary rise. The inflation rise will erode the salary rise benefits. India and the UAE may record robust job growth rate. IT, app economy, retail and BFSI sectors to lead emplyment generation of about 3.5 million in India. Dubai Expo-2020 may play a key role in jobs growth rate in the UAE.
Jan 05, 2016 04:07 AM EST
5 key economic trends to watch in 2016
Economists and analysts foresee the five key factors that would influence the global economy significantly in 2016. The major aspects such as industrial production, consumer spending, international trade, currency trends and inflation will influence the global economy. The lower energy costs will propel consumer spending upwards, while resulting in inflation rise.
Jan 04, 2016 10:21 PM EST
‘Latte Macchiato’: ‘Starbucks’ Hits New Caffeine Beverage
Latte Macchiato, combination of espresso and milk, is going to be served by Starbucks, the Seattle based Café Chain. The popular Australian drink is being introduced to the Americans by Angus Maxwell, certified barista serving the coffee chain. The new beverage joins the Starbucks menu and is believed to be a stepping stone between a cappuccino or flat white and an Americano among those desiring to change the taste bud.
Jan 04, 2016 10:55 PM EST
Philippine Follows Vietnam in Protesting China’s Proclamation Over Spratly Islands
After Vietnam, Philippines, a close US ally, has described China’s efforts as acts against its sovereignty. All the three neighboring countries contend for the ownership of the probably oil/ gas enriched Spratly Islands. Not only the hidden mineral resources but also the geographic location of the islands, has led the neighboring countries to dominate one of the busiest naval routes.
Jan 04, 2016 10:23 PM EST