The Economics
Search, Explore, Discover
Friday, Jul 01, 2022
The Economics
Add Your News
UK pledges an extra £1bn in military support to Ukraine
The UK will provide an additional £1bn in military aid for Ukraine, a near-doubling in its support for the fight against the Russian invasion.
Safer roads, a global development challenge for all, says UN official
Every 24 seconds someone is killed in traffic, making safety on the world’s roads a global development challenge for all societies, especially for the most vulnerable, a senior UN official has said, ahead of the first ever High-level Gen...
Crypto rules to make Europe a global leader as prices plunge
Europe has moved to lead the world in regulating the freewheeling cryptocurrency industry at a time when prices have plunged, wiping out fortunes, fueling skepticism and sparking calls for tighter scrutiny.
Bitcoin poised for biggest quarterly drop
Bitcoin is on track for its worst quarter in more than a decade, as more hawkish central banks and a string of high-profile crypto blowups hammer sentiment.
German unemployment rises in June as Ukrainian refugees look for work
German unemployment rose in June, Labour Office figures showed on Thursday, as Ukrainian refugees are registering with the office in search of work.
It's alive! How belief in AI sentience is becoming a problem
AI chatbot company Replika, which offers customers bespoke avatars that talk and listen to them, says it receives a handful of messages almost every day from users who believe their online friend is sentient.
N.Korea may be behind new $100 mln cryptocurrency hack, experts say
North Korean hackers are most likely behind an attack last week that stole as much as $100 million in cryptocurrency from a U.S. company, three digital investigative firms have concluded.
At finish line, U.S. Supreme Court readies climate, immigration rulings
The U.S. Supreme Court is set on Thursday to issue its final two rulings of its current term, one on federal agency power to tackle climate change and the other on President Joe Biden's ability to end a hardline immigration policy begun ...
Savings and algorithms: UK supermarkets battle cost of living crisis
Facing the toughest economic conditions in decades, Britain's supermarkets are cutting product ranges, searching for cost savings and patrolling each other's stores to check prices and products as they try to stay one step ahead.
58% of Americans are living paycheck to paycheck after inflation spike - including 30% of those earning $250,000 or more
As the prices for goods keep climbing, even wealthier Americans are feeling financially strained.
Russia may buy 'friendly' countries' currencies to weaken rouble -Siluanov
Russia may start buying the currencies of "friendly" countries and use those holdings to try to influence the exchange rate of the dollar and euro, as a means of countering sharp gains in the rouble, its finance minister said on Wednesday.
A U.S. FCC commissioner urges Apple, Google to boot TikTok from app stores
A Republican member of the Federal Communications Commission has urged the chief executives of Apple Inc (AAPL.O) and Alphabet Inc's (GOOGL.O) Google to kick Chinese-owned TikTok out of its app stores.
Euro under pressure as inflation fears send investors to dollar “haven”
The euro struggled to regain its footing on Thursday after tumbling overnight against a resurgent U.S. dollar, which benefited from safe-haven demand on renewed worries about higher rates and a global recession.
UK will face worse inflation than other major economies, says Bank governor
Andrew Bailey said inflation would persist for longer than previously expected as petrol prices soar
Over 70 grave violations against children caught up in war recorded daily: UNICEF
A “staggering” average of 71 verified grave violations a day, are committed against children by parties to conflict in more than 30 settings across Africa, the Middle East, Asia, and Latin America.
Philippines orders critical news site to shut down
Philippines authorities have again ordered the shutdown of an investigative news site founded by Nobel Peace Prize laureate Maria Ressa.
Social media companies could be sued for addicting children to their digital-drug in California
The California state senate voted on Tuesday to pass a law that would allow state lawyers to sue social media companies, such as Facebook and TikTok, for features that harm children.
Russia moves backward by copying the Western censorship new norms, proposed law on banning foreign media
The lower house of Russia’s parliament on Wednesday approved the critical second reading of a proposed law that would allow the banning of foreign news media in response to other countries taking actions against Russian news outlets. The...
An international drug dealer from Brazil was arrested last week, two years after forging his death from Covid-19
An international drug dealer from Brazil, Sergio Roberto de Carvalho, was arrested last week in Hungary, two years after forging his death from Covid 19.
Higher fuel prices spark social unrest in South America
Police in Argentina blocked a major entry point to the capital’s center on Tuesday to keep a group of truckers from joining a downtown protest, adding traffic snarls in Buenos Aires to a series of disruptions caused by anger over rising ...
Biden team strains to flex muscles in abortion fight
President Joe Biden’s top health official said Tuesday that “every option is on the table” when it comes to helping women access abortion in the wake of the Supreme Court decision overturning Roe v. Wade.
Supermarket boss says Britons buying more frozen food as inflation worsens
Sainsbury’s CEO Simon Roberts said shoppers were visiting stores more often but buying less on each trip as after UK’s inflation reached new highs.
Chinese breakthrough lets human brains beam radio waves
Researchers say new technology could be used for mind-controlled military radar and other devices.
Twitter gives Elon Musk more data amid spam, fake account dispute: report
Musk has disputed Twitter's internal estimate that spam, fake accounts make up less than 5% of users
G7 promises Ukraine military, financial support for 'as long as it takes'
Leaders of the Group of Seven (G7) on Monday reaffirmed their commitment to Ukraine, vowing to continue “financial, humanitarian, military and diplomatic support … for as long as it takes.”
'Systemic challenge' or worse? NATO members wrangle over how to treat China
NATO’s first new strategy concept in a decade will cite China as a concern for the first time but member states remain at odds over how to describe the country with the world's largest military and its relationship with Russia, NATO dipl...
Russian superyacht seized by US arrives in San Diego Bay
A $325 million superyacht seized by the United States from a sanctioned Russian oligarch arrived in San Diego Bay on Monday.
Israel eases abortion regulations in response to ‘sad’ Roe v Wade ruling
New rules will remove abortion approval committees and grant access to abortion pills at local health clinics
Japan urges 37 million people to switch off lights
Japan's government has urged people in Tokyo and its surrounding area to use less electricity on Monday, as it warned that supplies will be strained as the country faces a heatwave.
ICC at 20: Five things you should know about the International Criminal Court
Trying the gravest crimes, involving victims, ensuring fair trials, complementing national tribunals: in its first 20 years of existence, the International Criminal Court has made notable progress in its crucial mission.
World faces ‘ocean emergency’, UN warns, as activists urge action
The five-day United Nations Ocean Conference in Lisbon, Portugal is focused on restoring the health of the oceans.
Guilty: Credit Suisse hit with money laundering conviction
The verdict is the first ever criminal conviction of a major Swiss lender in the country’s history.
G7 pledges to raise $600bn to counter China’s Belt and Road
The G7 Partnership for Global Infrastructure and Investment will help finance infrastructure projects in developing nations.
Tobacco industry causing huge environmental damage, WHO warns
WHO accuses industry of causing widespread deforestation, pollution, and emitting millions of tonnes of carbon dioxide.
Who was the real Elvis Presley?
How does the portrayal of 'The King' in Baz Luhrmann's new biopic compare to reality? Kaleem Aftab explores the complex debate around Presley, civil rights and cultural appropriation.
G7 aims to raise $600 billion to counter China's Belt and Road
Group of Seven leaders on Sunday pledged to raise $600 billion in private and public funds over five years to finance needed infrastructure in developing countries and counter China's older, multitrillion-dollar Belt and Road project.
Europe must give developing nations alternative to Chinese funds, von der Leyen says
Europe will mobilize 300 billion euros in private and public funds over five years to fund infrastructure in developing countries as part of the G7's drive to counter China's multitrillion-dollar Belt and Road project, European Commissio...
Cancer faker who swindled more than £360,000 is ordered to pay back just £5
A CANCER faker who conned wellwishers out of tens of thousands has been ordered to pay back just £5.
Vladimir Putin To Make First Overseas Visit Since Russia-Ukraine War
Vladimir Putin's last known trip was a visit to Beijing in early February where he met Chinese President Xi Jingping and unveiled "no limit" of friendship treaty.
20 Dead In South African Nightclub, Probe On
South Africa: Unverified pictures shared on social media showed bodies with no visible signs of injuries, strewn on the floor of the nightclub.
The employee surveillance that fuels worker distrust
Workforce monitoring continues to increase amid remote work, with no signs of slowing. Is surveillance the new norm?
G7 leaders meet amid political pressures at home
Amid the beauty of the Bavarian mountains and fields, a fundamental truth is immediately striking at this G7 Summit.
Boris Johnson seeks to stay in power until mid-2030s
British Prime Minister Boris Johnson said he aims to remain in power until the middle of the next decade, despite calls for him to quit, which would make him the country's longest continuously serving leader in 200 years.
G7 pressed to make U-turn on fossil fuels
Germany wants G7 nations to backtrack on plans to stop financing overseas fossil fuel projects
Netflix is definitely getting ads
Reversal of policy comes as Netflix starts to rapidly lose users
Rail strikes: How much are public sector workers paid – and how do recent pay deals compare to what train staff want?
Striking rail workers are asking for a 7% pay rise, despite CPI inflation at 9.1% and RPI at 11.7%. NHS workers and teachers have also threatened to walk out if the government doesn't up their pay deals.
KPMG chief takes swipe at rival EY’s $80bn break-up plan
In a memo to KPMG partners, Bill Thomas wrote that a break-up of the global accountancy firm would benefit partners at the expense of the next generation".
Danish queen opens new museum telling the story of refugees
Denmark’s Queen Margrethe opened a new museum Saturday that tells the story of the generations of refugees who have shaped Danish society, starting with Germans who fled the Soviet advance during World War II.
Load More
×
The Economics
Add Your News
0:00
×
