Archive for the 'Economy' Category
Why Your Next Job Interview Could be with a Machine
September 6th, 2018Via: CBC: Your next job interview may feel a lot like an audition tape. On a screen, a manager pops up in a recorded video and asks a question like: “Why do you want a career in this field?” You have 10 seconds to think, and just a minute and a half to record your […]
Robot Boat Sails Into History by Finishing Atlantic Crossing
September 4th, 2018Via: ABC: All summer, the small boat drifted steadily eastward across the churning North Atlantic until it neared the Irish coast, where it made history by becoming the first unmanned sailboat to cross the Atlantic. The SB Met, built by Norwegian company Offshore Sensing AS, reached the finish line of the Microtransat Challenge for robotic […]
Global Debt Soars, Along with Fears of Crisis Ahead
September 4th, 2018Via: Savannah Morning News: Ten years after the worst financial panic since the 1930s, growing debt burdens in key developing economies are fueling fears of a new crisis that could spread far beyond the disruption sweeping Turkey. The loss of investor confidence in the Turkish lira, which has surrendered more than 40 percent of its […]
TRUMP THREATENS TO PULL U.S. OUT OF WTO
August 31st, 2018Via: Bloomberg: President Donald Trump said he would pull out of the World Trade Organization if it doesn’t treat the U.S. better, targeting a cornerstone of the international trading system. “If they don’t shape up, I would withdraw from the WTO,” Trump said Thursday in an Oval Office interview with Bloomberg News. Trump said the […]
Argentina’s Central Bank Hikes Rates to 60% as Currency Collapses
August 30th, 2018Via: CNBC: Argentina is struggling to cope with yet another financial crisis. Investors are increasingly concerned Latin America’s third-largest economy could soon default as it struggles to repay heavy government borrowing. This comes after Argentina’s government unexpectedly asked for the early release of a $50 billion loan from the International Monetary Fund (IMF) on Wednesday. […]
Electric Cars Exceed 1 Million in Europe as Sales Increase by 42%
August 28th, 2018Via: Guardian: There are now more than a million electric cars in Europe after sales soared by more than 40% in the first half of the year, new figures reveal. Europe hit the milestone nearly a year after China, which has a much larger car market, but ahead of the US, which is expected to […]
Russia: Unidentified Helicopters Delivering Weapons to Taliban, Islamic State in Afghanistan
August 28th, 2018Weapons in, drugs out. Via: Russian Government / TASS: Russia has recorded flights of unidentified helicopters delivering weapons to the Taliban (a movement outlawed in Russia) and the Islamic State (a terror group outlawed in Russia) units active in Afghanistan, Russian Foreign Ministry Spokeswoman Maria Zakharova said at a briefing on Thursday. “We would like […]
To Understand America’s Neofeudal Economy, Start with Extortion
August 28th, 2018Via: Of Two Minds: Let’s spin the time machine back to the late Middle Ages, at the height of feudalism, and imagine we’re trying to get a boatload of goods to the nearest city to sell. As we drift down the river, we’re constantly being stopped and charged a fee for transiting one small fiefdom […]
Japan Wants Flying Cars Within a Decade
August 26th, 2018Via: Bloomberg: Japan is making a push to develop flying cars, enlisting companies including Uber Technologies Inc. and Boeing Co. in a government-led group to bring airborne vehicles to the country in the next decade. The group will initially comprise 21 businesses and organizations, including Airbus SE, NEC Corp., a Toyota Motor Corp.-backed startup called […]
A Milestone in Afghanistan
August 22nd, 2018Via: Ron Paul Institute: Sometime late next year, possibly as early as September, news crews will gather in Afghanistan for a unique event: To interview an American serviceman or woman who was not born when the war they are fighting began. He or she will not remember 9/11, and will have grown up with the […]
