By Balazs Koranyi | FRANKFURT FRANKFURT Devastated by the collapse of its iconic wine industry over a century ago, France may have inadvertently discovered the ideal way for central banks to aid an economy in crisis – open up the purse strings. The Great French Wine Blight, caused by an infestation of phylloxera aphids, laid waste to much of the French countryside in the second half of […]
Submitted by Daniel Mitchell via The Foundation for Economic Education, Early last month, in a column on my hopes and fears for 2017, I fretted about fiscal chaos in Italy leading to default and bailouts. Simply stated, I fear that Italy, along with certain other “Club Med” nations, has passed the point of no return in terms of big government, demographic decline, and societal dependency. And this […]
Google has announced that it has cracked the Secured Hash Algorithm 1 (SHA-1) cryptographic function, marking a milestone that spells both danger and opportunity for the computing world. The unprecedented feat was achieved through the real-world collision attack on the cryptographic algorithm, which led to the production of two PDF files that contain similar SHA-1 signature. What Is SHA-1? As a mathematical algorithm, the SHA-1 is capable […]
The latest GDP numbers from the World Bank were released earlier this month, and today’s visualization from HowMuch.net breaks them down to show the relative share of the global economy for each country. As Visual Capitalist’s Jeff Desjardins explains, the full circle, known as a Voronoi Diagram, represents the entirety of the $74 trillion global economy in nominal terms. Meanwhile, each country’s segment is sized accordingly to […]
Vue Smart Glasses Whether experimenting with the enclosed headset of an HTC Vive, the augmented reality of Microsoft’s HoloLens, or even the headset theater from Avegant or Vuzix, it’s virtually impossible to use a head-mounted product without attracting generally unwelcome attention. Companies that make these products all want to make them less of an encumbrance. But their markedness eliminates any notion that they would be used as […]
A HoloLens display visualization Microsoft “You take the high road and I’ll take the low road and I’ll be in Scotland before you,” assert modernized lyrics of The Bonny Banks of Loch Lomond. The 176 year-old song is a metaphor for the state of virtual reality. Scotland represents a promised land of market leadership, Oculus and HTC, with their pricey high-end products, are taking the high road, […]
SARAJEVO The Leader of Macedonia’s Social Democrats said he expected a new government to be formed in March, after his party agreed on all key issues with ethnic Albanian parties. “Now we have to agree on distribution of ministries and future government reform platform,” Zoran Zaev told reporters in Sarajevo. Macedonia’s conservative VMRO-DPMNE party won a slight majority in December parliamentary vote but failed to reach agreement […]
Image: Bednarczyk/Epa/REX/Shutterstock By Sohini Mitter2017-02-23 08:56:35 UTC We told you that Justin Bieber is performing in India for the first time. Understandably, there’s a lot of excitement, especially in millennials who can’t have enough of the 23-year-old pop sensation. But now there’s a problem as we discovered once the tickets went on sale. Firstly, there’s a queue. Even if you wait, you are never sure that […]
Emirates is set to launch a series of new cabin products and enhancements in 2017 for both its A380 and Boeing 777 fleet. The multi-million dollar cabin interiors upgrade programme includes an enhanced Onboard Lounge for its flagship Airbus A380 aircraft, the Dubai-based airline said in a statement. It said the A380 Lounge upgrade has been inspired by private yacht cabins, with seating space increased. Sir Tim […]
AMD is giving what the people want, and it’s none other than Ryzen. That said, the company has finally disclosed the details everybody has been waiting for, from the release date and performance to the pricing and preorder info. Not 1 But 3 Ryzen 7 CPUs Unveiled To start things off, AMD is launching three Ryzen 7 CPUs, with each one sporting eight cores and 16 threads […]
The documents’ detailed account of Mr. Awlaki, who stars in Mr. Abdulmutallab’s story as both a religious hero and a practical adviser on carrying out mayhem, is particularly important. The government allegation that Mr. Awlaki was behind the underwear bomb plot — never tested in a court of law — became the central justification that President Barack Obama cited for ordering the cleric’s killing in a drone […]
SEOUL North Korea blamed Malaysia on Thursday for the death of one of its citizens there last week and accused it of an “unfriendly attitude” in a scenario drawn up by South Korea, which has said Pyongyang agents assassinated the North Korean leader’s half-brother. Malaysia had initially told North Korea that the person bearing a diplomatic passport had died after suffering a heart attack at Kuala Lumpur […]
Analysts and traders alike were looking forward to today’s “black box” earnings from Tesla as it would be the first consolidated report that combined Tesla Motors operations with those from cash-bleeding monstrocity SolarCity following the pair’s merger, to wit: “with the acquisition of SolarCity, we have created the world’s only integrated sustainable energy company, from generation to storage to transportation.“ And, as usual, Elon Musk managed to […]
Apple typically drops the price on the previous iPhone $100 or so while other manufacturers may offer even bigger discounts. And now T-Mobile is currently offering the LG V20, Samsung Galaxy S7, and Samsung Galaxy S7 Edge at a massive discount, for just $360. The LG V20 is normally priced at $769.99, the S7 at $673.99, and the S7 Edge at $779.99. I was just considering a […]
Republican President Donald Trump’s administration was expected to revoke landmark guidelines issued to public schools in defense of transgender student rights, according to a draft document seen on Wednesday by Reuters. The draft reverses former Democratic President Barack Obama’s signature initiative on transgender rights, which instructed public schools to allow transgender students to use the bathrooms matching their gender identity. (Read the draft here: tmsnrt.rs/2kMAGAS) The draft […]
The Panama Papers investigation has been honored with a George Polk Award for financial journalism, the award sponsor, Long Island University, announced. The series, which exposed offshore tax havens and rattled leaders from around the world, was headed up by the International Consortium of Investigative Journalists, a project of the Center for Public Integrity. The Polk Awards judges lauded the reporting collaboration for sparking official investigations and […]
Wednesday 12:45 GMT Overview US equity futures suggest Wall Street will dip from record levels that were reached amid a positive outlook for economic growth. Political concerns leave the euro carrying the wooden spoon in the forex markets, while the rush for supposed havens pushes short term German bond yields to their lowest ever. Hot topic The FTSE All-World equity index is at another record, up 0.1 […]
Photo Prime Minister Benjamin Netanyahu of Israel, left, with his host, Prime Minister Malcolm Turnbull, in Sydney, Australia, on Wednesday. The visit was a first by a sitting Israeli leader. Credit Jason Reed/Reuters SYDNEY, Australia — Prime Minister Benjamin Netanyahu of Israel was warmly welcomed here Wednesday by his Australian counterpart, Malcolm Turnbull, with the Israeli leader promoting the two countries’ growing ties as Israel faces rising […]
Conceived by legendary Egyptian writer Naguib Mahfouz as a single novel of about 1,500 pages, The Cairo Trilogy is a timeless work of modern Arab literature, with themes, characters and ideas that are familiar and ring true almost 60 years after it was published. “The Cairo Trilogy is a work on a par with Leo Tolstoy’s War and Peace and Thomas Mann’s Buddenbrooks,” says Dr Rasheed El […]
Last fall, we saw the biggest distibuted denial of service (DDoS) attack ever. This year we’ll see even bigger ones. According to Akamai‘s latest State of the Internet Security report, here’s what’s behind them. Behind today’s DDoS attacks you’ll find botnets and they’re using the same old techniques hackers have always used to bring down your servers. Akamai First, you should know that while the total DDoS […]
The International Monetary Fund’s description of Greek debt as potentially explosive has left negotiators in Brussels struggling to bridge the differences between Athens and its creditors before time runs out to avert default. With creditors unwilling to release the next tranche of bailout money needed to keep the country afloat, Greece is facing €7bn of debt redemptions in July that it cannot afford. Investors appear to have […]
Whatever route the government chooses for Brexit it will need to cooperate with other countries, especially our EU neighbours, to combat tax avoidance, tax evasion and money laundering. Yet the signs are not very good as the government seems to have chosen non-cooperation. It has snubbed the EU inquiry into the Panama Papers. Last year, a leak of 11.5m documents and 2.6 terabytes of information from the […]
By Robin Emmott | BRUSSELS BRUSSELS U.S. President Donald Trump sent top U.S. officials to Europe with a familiar warning from Washington that allies must spend more on defence, this time with the ultimatum “or else”. But Europeans have tried to deflect the threats with the argument that a commitment to security is not just about spending targets, which diplomats said that U.S. officials did not challenge, […]
H.E. Mohammed Al Gergawi: The vision of His Highness Sheikh Mohammed bin Rashid is clear and the role of the council is to put the strategy of Dubai 10x into action We will be working to stay ahead of future trends and developments and to maintain our lead over other major cities, implementing today what cities around the world will be adopting 10 years from now Dubai, […]
