The world’s population has reached 7 billion and is forecasted to reach 9 billion by 2050. As the world’s population grows its need for water, food and energy will increase. But are we doing enough to safeguard our energy future?
Energy is vital to our daily lives. It helps us produce food, fuel transport and power communication channels across the world. Over the coming decades, more people will gain access to energy and enjoy higher standards of living.
Tech giant Apple Inc will invest nearly $100 million next year in order to shift a small proportion of its production capabilities back from China to the United States, announced its chief executive Tim Cook on Thursday, in a move widely seen as a high-profile test of American manufacturing competitiveness.
U.S. Secretary of State Hillary Clinton on Thursday criticised Russia’s efforts to create a new Eurasian Union; and accused Moscow of attempting “to re-Sovietise the region” under the ruse of deeper economic integration.
If you can remember the day you first learned to read, you will probably recall that profound sense of accomplishment that came from sounding out the words in your favourite storybooks. But whether you’re 15 or 50, you know that books as we know them have changed a lot since you first cracked open your beloved pieces of childhood literature.
Ever since the first spurt of popularity in the now widespread e-readers, experts and speculators from all sides have been pondering the question, “will e-readers destroy books as we know them?”
Crisis-hit EU nations are considered among the most corrupt in the European Union, according to the 2012 Corruption Perceptions Index by Transparency International, a global anti-corruption watchdog.
In its annual report released on Wednesday, Transparency International ranked Greece 94th out of 176 countries in the 2012 Corruption Perception Index, putting it roughly on par with countries such as Colombia and India, a reflection of the country’s widespread economic turmoil and rampant tax evasion.
China’s Foreign Ministry on Wednesday warned India to respect “China’s sovereignty and national interests” in the South China Sea, after India’s Navy Chief Admiral D K Joshi suggested this week that New Delhi was ready to deploy vessels in order to protect their economic interests in the region.
For nearly a decade, starting in 1996, senior executives from at least seven global electronics companies were conducting secret meetings, where they conspired to fix the price of picture and display tubes for television sets and computer screens, said EU’s top anti-trust regulator on Wednesday, following a three-year probe culminating in the largest fine – 1.47 billion euros ($1.96 billion) – ever imposed on a cartel.
Citing proactive fiscal policy and planned market reforms, growth in the world’s second largest economy could enjoy a rebound to 8.2 percent in 2013, said the Chinese Academy of Social Sciences, the country’s top academic and policy research institute.
The CASS, however, said that its GDP forecast is contingent on the stabilisation of the European debt crisis and the United States avoiding the expiration of Bush-era tax cuts as well as automatic cuts to defence and domestic spending programmes.
Earnings at US banks rose to a six year high in the third quarter of 2012, with more than half of all banking and financial institutions reporting higher earnings than a year ago, said the Federal Deposit Insurance Corporation on Tuesday.
In the latest sign of economic recovery in the US, banks’ overall revenue rose 3 percent in the third quarter from a year earlier, to $169.9 billion, the largest gain in nearly three years, according to data from the Federal Deposit Insurance Corporation.
The United Nations on Tuesday launched a three-year strategy to address ongoing humanitarian needs in Somalia, with nearly 3.8 million Somalis still in desperate need of aid after decades of drought, floods and conflict.
