SEPTEMBER 29, 2022
Brothers of Italy's Giorgia Meloni attends the center-right coalition closing rally in Rome, Sept. 22. (Gregorio Borgia/AP)
WASHINGTON, D.C. — President Biden used the results of last week’s prime minister election in Italy, which saw hard-right candidate Giorgia Meloni prevail, as a warning of what could befall the United States if the nation’s politics succumbed to surging authoritarian...
SEPTEMBER 27, 2022
Most companies, regardless of their sector, are calling employees back to the office now that COVID cases have dropped significantly. While managers want their teams to return to the office, most employees are still struggling to make it to the office every day. Microsoft CEO Satya Nadella now shares his thoughts on work-from-home culture. He says that...
SEPTEMBER 26, 2022
The British central bank has raised interest rates seven times since December. - Tom Nicholson/Reuters
Global investors’ resounding rejection of the new British government’s plans for tax cuts and borrowing continued Monday, with the pound briefly falling to its weakest level against the U.S. dollar on record, leading the central bank and Treasury to speak out in an...
SEPTEMBER 26, 2022
There are a lot of things that the older generations were okay with which the younger generation disagrees with. However toxic these may be, they are glorified as the only acceptable way of living your life and we are expected to adhere to it, even if it messes up with our health, mind or life. It’s almost...
SEPTEMBER 26, 2022
China Coup Rumours and Xi Jinping's house arrest: What happens in China, stays in China - and the world never gets to know about what's happening inside the big buildings of Beijing, that affects the planet each and every second in one way or another. Be it Covid - that many say originated from a laboratory in...
SEPTEMBER 25, 2022
A recent survey of 542 pilots by an NGO called 'Safety Matters Foundation' showed 66 per cent of Indian pilots sleeping while flying a flight without consent from the crew due to fatigue. Following the same, Indian Commercial Pilots' Association (ICPA), which represents pilots of narrow-body aircraft at Air India, has now urged the civil aviation regulator...
SEPTEMBER 23, 2022
The pound has fallen below $1.10 for the first time since 1985 as investors took fright at the prospect of a surge in government borrowing to pay for Kwasi Kwarteng’s sweeping tax cuts.
Sterling was down by more than two cents agains the dollar to a fresh 37 year low as fears over the future path for the...
SEPTEMBER 23, 2022
Vietnam's Ho Chi Minh City topped the study's survey of sinking urban centres in South and Southeast Asia. - Nhac NGUYEN
Sprawling coastal cities in South and Southeast Asia are sinking faster than elsewhere in the world, leaving tens of millions of people more vulnerable to rising sea levels, a new study says.
Rapid urbanization has seen these cities...
SEPTEMBER 23, 2022
Too far, too fast? That's what some portfolio managers griped as the stock market plunged following the Fed's latest rate hike on September 21. “We continue to believe that the Fed is making yet another policy mistake,” Jay Hatfield, CEO of Infrastructure Capital Management, told Fortune, arguing that the central bank’s interest rate hikes are now overly aggressive.
But...
SEPTEMBER 23, 2022
Rupee tumbles to its worst all-time low of 81.27 against the US dollar.
The rupee was one of many global currencies that depreciated sharply after the hawkish commentary from the US Fed monetary policy meeting came in.
The rupee was amongst the worst performing currencies against the dollar.
Indian equity markets also fell in tandem with...
