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Region

Jailed Australian economist testifies in secretive Myanmar trial

12/08/2022 - Leave a Comment

An Australian academic and economic adviser to Myanmar’s elected leader Aung San Suu Kyi, who was detained after the military seized power last year, has testified in a military court …

Jailed Australian economist testifies in secretive Myanmar trial Read More

Spain bans setting the AC below 27 degrees Celsius

12/08/2022 - Leave a Comment

A decree published on Tuesday morning in the official state gazette and scheduled to go into effect next week mandates that air conditioning in public places be set at or …

Spain bans setting the AC below 27 degrees Celsius Read More

Germany’s 9-euro transport ticket drives up train trips

12/08/202212/08/2022 - Leave a Comment

 A ticket allowing people unlimited travel on Germany’s trains and buses for just €9 ($9.28) a month has led to a large uptick in train trips, particularly in rural and tourist areas, …

Germany’s 9-euro transport ticket drives up train trips Read More

Amazon’s emissions increased dramatically last year despite carbon neutrality goal

04/08/2022 - Leave a Comment

Despite the company’s commitment to decrease its carbon footprint, Amazon’s emissions grew by 18 percent last year, according to the annual sustainability report it released today. While online shopping increased during the pandemic’s second …

Amazon’s emissions increased dramatically last year despite carbon neutrality goal Read More

What 21 billion Facebook friendships say about the economic ladder in the US

04/08/2022 - Leave a Comment

Meta publicly released information on 21 billion Facebook friendships as part of a research project looking at economic inequality in the United States, the company announced today. Along with new insights …

What 21 billion Facebook friendships say about the economic ladder in the US Read More

UK central bank raises interest rate, warns of recession

04/08/202205/08/2022 - Leave a Comment

The pound sterling dropped on Thursday after the Bank of England upped interest rates by the biggest increase in 27 years. At the same time it delivered the rise in …

UK central bank raises interest rate, warns of recession Read More

Another big Fed rate hike is here to battle inflation. Economy hangs in balance

29/07/2022 - Leave a Comment

With prices rising at their fastest pace in a generation, the Federal Reserve is ratcheting up its fight against inflation. On Wednesday, the Fed raised its benchmark interest rate by …

Another big Fed rate hike is here to battle inflation. Economy hangs in balance Read More

Economic instability blamed for decrease in food & drink dealmaking

29/07/2022 - Leave a Comment

Soaring inflation and economic instability has weighed on UK food and drink dealmaking, with the past quarter seeing the lowest number of deals completed since the depth of the Covid …

Economic instability blamed for decrease in food & drink dealmaking Read More

Could Nancy Pelosi’s Visit to Taiwan Set Off a War?

29/07/202229/07/2022 - Leave a Comment

To go or not to go? That’s the billion-dollar question for House Speaker Nancy Pelosi, the third-most senior U.S. official, whose reported trip to Taiwan next month has spurred threats of a …

Could Nancy Pelosi’s Visit to Taiwan Set Off a War? Read More

Rich countries broke climate finance promise, says OECD

29/07/2022 - Leave a Comment

Rich countries broke their main climate promise to developing nations, the Organization for Economic Cooperation and Development confirmed Friday.  In 2009, high-income countries pledged to deliver $100 billion a year …

Rich countries broke climate finance promise, says OECD Read More

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