‘Life as we know it’ ends in 2040: Aussie news dig up MIT’s global collapse prediction

A 1973 Australian news report has resurfaced, predicting the end of the world with the help of MIT researchers and a supercomputer. The end of days is apparently due in 2040, with a major global change slated for 2020. If you trust MIT’s world-renowned expertise, 2040 is when “civilized life as we know it” will […]

Meghan won’t sell-out ‘feminist principles’ in ‘global power couple’ body language reveals

Meghan Markle and Prince Harry married in May 19 and have since been a Duke and Duchess of United Kingdom. The couple have taken up the Commonwealth as one of their campaigning issue as a royal couple. As a part of this mutual interest the couple have attended a number of commonwealth events including the […]

Japan still has great influence on global financial markets

IT IS the summer of 1979 and Harry “Rabbit” Angstrom, the everyman-hero of John Updike’s series of novels, is running a car showroom in Brewer, Pennsylvania. There is a pervasive mood of decline. Local textile mills have closed. Gas prices are soaring. No one wants the traded-in, Detroit-made cars clogging the lot. Yet Rabbit is […]

EU fights for global digital tax on tech giants at G20 meeting

(Reuters) – European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday, putting them at odds with U.S. counterparts. The final communique reaffirmed a commitment to address the impacts of the shift to a digital economy on the […]

America’s global reputation will take ‘years to repair’ from the Trump era, experts warn

President Donald Trump’s recent trip to Europe is under a great deal of scrutiny after he clashed with key allies and had a controversial meeting with Russian President Vladimir Putin.  In this context, many are concerned Trump is doing immense damage to America’s global standing. A majority of Americans (61%) feel the US is less […]

This is how global trade looks before economic wars kick in (INFOGRAPHICS)

Global commerce is descending into the era of trade wars and protectionism. Here is how the global trade environment looks after decades of falling barriers – which are now being set up again. The United States is the leader in imports, buying $ 2,409 billion worth of goods in 2017, about 13.4 percent of the […]

Top European investors are betting the crazy $3 billion US scooter trend will go global

Lime The buzziest startup idea in the US right now involves dumping hundreds of dockless scooters in a city and then hiring them out to people who want to make short trips. Scooter rental startups Lime and Bird were only founded last year but have raised million of dollars in funding and racked up a […]

Most powerful passport in the world: Global ranking puts UK in top five – who came on top?

The UK was pipped to the top spot in The Henley Passport Index by Japan and Singapore, who made joint first. Germany came in second, while third place was shared by seven countries – Denmark, Finland, France, Italy, Sweden, Spain, Norway and South Korea. Sharing fourth place with the United Kingdom, passports from Austria, Luxembourg, […]

The global economy is losing momentum even before tariffs hit

Carlos Barria/Reuters PMI reports are regarded as being as good an indicator as any on the health of the global economy. In June, new exports orders from China, Japan and the ASEAN regional all declined, pointing to a softening in global demand. The United States is set to slap 25% tariffs on $ 34 billion […]