Showing 1 - 10 of 11
How the world can escape the new Gilded Age
News, Daron Acemoglu, Published on 25/10/2024
» Tech billionaires such as Bill Gates, Mark Zuckerberg and Elon Musk are not just among the richest people in human history. They also are exceptionally powerful -- socially, culturally and politically. While this is partly a reflection of the social status that our society attaches to wealth in general, that is not the whole story.
Western armed forces facing a recruitment crisis
News, Peter Apps, Published on 01/04/2024
» Every morning on the aircraft carrier USS Dwight D Eisenhower, an unsuspecting crew member is called to the bridge, presented with a cookie and asked to sit in the captain's chair.
Diesel prices primed to increase sharply in 2024
News, John Kemp, Published on 08/02/2024
» Global stocks of diesel and other middle distillates are below normal and prices could start to rise quickly if the industrial economies of North America and Western Europe emerge from their lingering recession in 2024.
Chokepoints could cripple trade
News, Tim Culpan, Published on 16/01/2024
» When traffic through the Suez Canal ground to a halt in 2021, the extraordinary cost and disruptions to global commerce seemed overwhelming. But 8,000 kilometres from the canals of Suez and Panama lie even more important shipping lanes, chokepoints that could cripple global trade should any disaster befall them.
Retailers can manage Red Sea shipping delays
News, Andrea Felsted & Leticia Miranda, Published on 13/01/2024
» Just when it looked like inflation's grip on consumers was easing, another obstacle has emerged for both retailers and central bankers: difficulty accessing the Suez Canal.
Fragile supply chains will rebuild
News, Tim Culpan, Published on 27/12/2023
» Pick a single item from an array of shocks and you can see just how fragile global supply chains truly are. But combine climate change, decoupling from China, unprecedented technological development, wars, rising costs and labour shortages, and we now have an amalgam of catalysts that will change global trade for the better.
US-led naval force may not end Houthi ship strikes
News, James Stavridis, Published on 22/12/2023
» US Secretary of Defence Lloyd Austin has announced a new military effort in the Middle East: Operation Prosperity Guardian. It will bring together a coalition of nations to safeguard the dangerous waters of the Red Sea, North Arabian Sea and western Indian Ocean from surprisingly sophisticated attacks by Iranian-sponsored terrorists from the Houthi rebellion in Yemen.
Govt pledges Suez relief
News, Post Reporters, Published on 29/03/2021
» The government stands ready to help businesses affected by a giant container ship blocking the Suez Canal in Egypt as the supply chain in many countries is beginning to feel the pinch from the blockage, deputy government spokeswoman Rachada Dhnadirek said.
A touch of the 'art de vivre'
News, Kornchanok Raksaseri and Thana Boonlert, Published on 13/07/2020
» France is opening the door to Thailand, its oldest partner in Southeast Asia, again after the coronavirus outbreak saw international flights suspended for nearly four months.
The many identities of the Statue of Liberty
News, FRANCESCA LIDIA VIANO, Published on 17/11/2018
» The Statue of Liberty's creator, the Alsatian artist Frédéric-Auguste Bartholdi, grew up in a world apart from the "huddled masses" who arrived in the New World, sailing toward her beacon. Born in 1834, into a rich and prestigious family in Colmar in northeastern France, his ancestors were doctors, pharmacists and bureaucrats who never felt the need to leave their homeland in search of opportunity. And yet, he managed to capture something ineffable about the America he visited in 1871, which -- along with its placement -- has made his statue an enduring symbol.