Financial news

Capitalism is having an identity crisis – but it is still the best system

5 years by Daniel Williams

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The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

5 years by Daniel Williams

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Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

4 years by Daniel Williams

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America suffers a nasty inflation surprise

Perhaps it was always too good to be true. The big economic story of 2023 was the seemingly painless disinflation in America, with consumer price pressures receding even as growth remained resilient, […]

Hong Kong deports Reporters Without Borders representative sent to monitor Jimmy Lai’s trial – JURIST

Reporters Without Borders (RSF) stated on Wednesday that Hong Kong authorities detained its representative Aleksandra Bielakowska for six hours and later deported her from the territory. Bielakowska was about to attend the […]

When will Americans see those interest-rate cuts?

Would America dare to bring down a Chinese bank?

If any politician has the demeanour to ease tensions with Beijing, it is Janet Yellen. America’s treasury secretary comes across as a twinkly eyed professor, rather than a foreign-policy hawk. Sure enough, […]

ECHR rules Russia violated Georgia citizens’ humans rights following 2008 conflict – JURIST

The European Court of Human Rights (ECHR) ruled Tuesday that Russia’s occupation and border enforcement of two regions in Georgia systematically violated Georgians’ human rights.The ECHR found that Russia violated multiple sections […]

What will humans do if AI solves everything?

In “Permutation City”, a novel by Greg Egan, the character Peer, having achieved immortality within a virtual reality over which he has total control, finds himself terribly bored. So he engineers himself […]

The rich world faces a brutal spending crunch

A decade ago finance ministries were gripped by austerity fever. Governments were doing all they could to cut budget deficits, even with unemployment high and economic growth weak. Today things are very […]

Banks

Digital Banks Continue to Capture Users, As Android Banking App Downloads Increase by 13% in 2023

While digital banks continue to sit at the forefront of innovation and agility in the banking world, traditional banks continue to dominate regarding the number of customers they serve. However, a shift […]

Norway court rules police unreasonably fined Indigenous activists – JURIST

A Norwegian court Tuesday acquitted Indigenous activists who refused to pay their fines for blocking entrances to government buildings during a protest. The court held that the police who issued the fines […]

The rich world faces nightmare budget deficits

Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST

The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]

Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST

Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]

Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST

The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]

Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST