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Pyramid schemes are on the rise – but do those who join up deserve prosecution or compensation?

Jun 10, 2023 11:35 am UTC| Insights & Views Life

Branislav Hock, Associate Professor in Economic Crime and Compliance, University of Portsmouth Lets say we invite you to invest 1,000 in our new and brilliant business. We promise you an impressive return on your money,...

Canada's lagging productivity affects us all — and will take years to remedy

Jun 10, 2023 11:29 am UTC| Insights & Views Economy

Volkswagen executives and federal, provincial and local government officials recently celebrated their partnership in the next Canadian giga-factory in St. Thomas, Ont., to produce automotive batteries. The announcement...

Blacklisting PwC won't stop outsourcing: here are 3 reasons it has become embedded in the Australian public service

Jun 10, 2023 11:28 am UTC| Insights & Views Business

Labor had pledged to wind back the use of the big four consulting firms by the public service well before the scandal engulfing PricewaterhouseCoopers over the sharing of confidential government information. The policy...

Five reasons Adam Smith remains Britain's most important economist, 300 years on

Jun 10, 2023 11:28 am UTC| Insights & Views Economy

June 5 2023 marks the 300th anniversary of the birth of Adam Smith, the 18th-century British economist widely hailed as the father of modern economics. Born in Kirkcaldy, on the east coast of Scotland, Smith studied at...

How the UK is getting AI regulation right

Jun 10, 2023 11:27 am UTC| Insights & Views Law

The latest generation of artificial intelligence (AI), such as ChatGPT, will revolutionise the way we live and work. AI technologies could significantly improve education, healthcare, transport and welfare. But there are...

Climate Change Series

Will faster federal reviews speed up the clean energy shift? Two legal scholars explain what the National Environmental Policy Act does and doesn't do

Jun 10, 2023 11:27 am UTC| Insights & Views

The National Environmental Policy Act, enacted in 1970, is widely viewed as a keystone U.S. environmental law. For any major federal action that affects the environment, such as building an interstate highway or licensing...

Sex, money and love: what South African university students say about romance and dating in a material age

Jun 10, 2023 11:26 am UTC| Insights & Views

Transactional sex the exchange of consensual sex for material support like gifts, money or food occurs on university campuses in many parts of the world. South Africa is no exception. Some scholars have highlighted...

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Economy

Iraq Seeks 6 Million Bpd OPEC+ Oil Quota

Iraq is pushing for a substantial increase in its OPEC+ oil production quota, seeking to have future output targets calculated using a production capacity of 6 million barrels per day (bpd), according to Bloomberg, citing...

UK Food Inflation Forecast to Hit 6.4% by Mid-2027

UK food price inflation is expected to accelerate over the coming year, potentially reaching 6.4% by mid-2027 as geopolitical tensions, extreme weather and higher production costs pressure the food industry, according to...

Brent Oil Tops $100 as Middle East Conflict Threatens Supply

Brent crude oil prices climbed above $100 a barrel on Wednesday for the first time since July 24 as escalating Middle East conflict intensified fears of further disruptions to global oil supplies. Benchmark Brent crude...

Japanese Yen Nears Seven-Month High as Oil Approaches $100

The Japanese yen held near its strongest level since February on Wednesday, pressuring the U.S. dollar as escalating Middle East tensions pushed oil prices toward $100 a barrel and investors prepared for major central bank...

US Bans Canadian Alcohol, Motorcycles as Trade War Escalates

The United States has announced sweeping import bans on Canadian alcoholic beverages, motorcycles and some dairy products, escalating a trade dispute between the longtime North American allies. The restrictions, announced...

Politics

Israel Orders UK East Jerusalem Consulate Closure

Israel has ordered the United Kingdom to close its consulate in East Jerusalem within 30 days, escalating a diplomatic dispute after Britain, France and Canada announced new sanctions targeting Israeli settlements in the...

Chris Hipkins Targets Cost-of-Living Relief in New Zealand Election

Former New Zealand Prime Minister Chris Hipkins says Labour was too slow to recognize the cost-of-living pressures facing households after the COVID-19 pandemic, as the party seeks to regain urban and middle-income voters...

Trump’s ‘New America’ Proposal Draws Backlash in New Mexico

President Donald Trumps proposal to rename New Mexico as New America has sparked criticism from residents and political leaders who say the move threatens to erase centuries of history and cultural identity. Trump, a...

US Judge Dismisses Imran Ahmed Deportation Lawsuit

A federal judge in New York has dismissed a lawsuit filed by British anti-disinformation campaigner Imran Ahmed challenging the Trump administrations authority to detain and deport him, potentially clearing the way for...

Iran Strikes U.S.-Used Jordan Base as Gulf War Escalates

Irans Islamic Revolutionary Guard Corps (IRGC) launched ballistic missiles at a military base in Jordan used by U.S. forces and said it attacked 10 ships near the Strait of Hormuz on Wednesday, marking a sharp escalation...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

OpenAI Targets Specialized Industries as Enterprise AI Demand Grows

OpenAI is expanding its focus on specialized industries such as chip design, life sciences and financial services while lowering AI model prices to compete with cheaper open-source alternatives, Chief Financial Officer...

Kioxia Rules Out SK Hynix Manufacturing Partnership

Kioxia Holdings CEO Hiroo Ota has ruled out closer manufacturing cooperation with South Korean memory chipmaker SK Hynix, pointing to antitrust concerns and complications involving Kioxias existing production partnership...

Qualcomm Stock Jumps on Amazon AI Chip Deal

Qualcomm Technologies (NASDAQ: QCOM) shares surged 9.5% after the chipmaker announced a multi-generational partnership with Amazon to develop custom silicon and high-speed optical connectivity technology for artificial...

Google Revamps EU Search Results to Meet DMA Rules

Alphabets Google has introduced major changes to its search results in Europe as it seeks to comply with European Union antitrust rules under the Digital Markets Act (DMA). Google said Tuesday that the overhaul represents...

Australia Plans New Rules Giving Users Control Over Social Media Feeds

Australia has proposed new social media regulations that would give users greater control over the content appearing in their feeds, expanding the governments efforts to strengthen online safety and regulate major...
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