Estonia-Finland pipeline explosion: what's the evidence that the damage was deliberate?
Oct 16, 2023 06:42 am UTC| Economy
Finlands president, Sauli Niinist, has alluded to outside activity and said sabotage is likely to be the cause of damage to an important gas pipeline that links it to Estonia. The pipeline suffered a leak in Finnish...
Western sanctions haven't curbed Russian oil profits, but the green energy transition could
Oct 16, 2023 06:37 am UTC| Insights & Views Economy
Western sanctions that put a price cap on Russian oil exports from December 2022 aimed to cause the country significant economic pain after its invasion of Ukraine last year. The idea was to curtail the amount Russia makes...
Oct 16, 2023 06:35 am UTC| Insights & Views Economy
President Vladimir Putins invasion of Ukraine has come at huge economic costs. By conservative estimates, the Russian economy has taken a US$67 billion annual hit as a result of war expenses and the effects of economic...
Inequality: troubling trends and why economic growth in Africa is key to reducing global disparities
Oct 16, 2023 06:31 am UTC| Economy Life
Inequality remains on the top of the policy priority list for most countries in the world. Branko Milanovic, a leading scholar on inequality, recently delivered a lecture titled Recent changes in the global income...
Qualcomm to Lay Off 1,258 California Employees Amid Cost-Cutting Measures
Oct 13, 2023 10:58 am UTC| Business Economy
Qualcomm Incorporated will lay off 1,258 employees across two California offices, according to recent filings with the Employment Development Department of California. The move follows indications of workforce reductions...
Google Opens 'Visitor Experience' at Mountain View HQ Featuring Cafe, Store, Event Space
Oct 13, 2023 10:05 am UTC| Business Economy
Googles Mountain View headquarters is no longer a closed campus; it now invites the general public to partake in a new Visitor Experience, including a cafe, a store, and an event space. On Thursday, Oct. 12, Google...
Dollar General Reinstates Todd Vasos as CEO Amid Sluggish Sales, Safety Concerns
Oct 13, 2023 09:51 am UTC| Economy Business
Dollar General has reinstated former CEO Todd Vasos to tackle declining growth and allegations of unsafe work environments. Vasos, CEO from June 2015 to November 2022, replaces Jeff Owen, effective...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects