With the advent of the Internet, major movie and record studios have been demanding extensions to copyright laws in order to preserve outdated business models. But copyright law can do little to protect them and they need to move with the times and embrace the new technologies.
The pharmaceutical industry today is a broken intellectual-property regime, which holds back on the development and availability of cheap drugs for the sake of profit maximisation. But it doesn’t have to be this way. An international effort by the World Health Organisation may now represent a once-in-a-generation opportunity to remedy a long-standing and egregious inequity in health care.
The proposed Keystone XL pipeline has been the subject of debate among the major players in the North American Energy Industry. While the oil sands in Canada are believed to hold nearly 2 trillion barrels of oil (with 99 percent of the exports expected to end up in the American Midwest), concerns have grown over the construction of the pipeline, which may expose the U.S. to environmental and ecological risks.
Thousands of drug capsules filled with powdered flesh from dead babies are being smuggled into South Korea from China every year, said a report by the BBC on Monday, as customs officials attempt to curb the illegal trade by increasing inspections on all drug shipments.
Since August 2011, Korea Customs Service has confiscated almost 17,500 of the capsules being smuggled from China, with the “drug” said to be a panacea for all sorts of diseases, as well as a renowned stamina booster.
Asia is set to produce more solar power than any other region in the world over the next five years, said the European Photovoltaic Industry Association (EPIA) on Monday, with the fastest PV (photovoltaic) growth expected to come from China and India.
“Europe has dominated the global PV (photovoltaic) market for years but the rest of the world clearly has the biggest potential for growth,” wrote the EPIA report, as cited by Reuters.
As Oilprice.com embarks on its Top 5 series, we thought it expedient to begin with our take on the key figures shaping and influencing U.S. renewable energy efforts, not least because the issue of energy security is being prioritized in campaigning ahead of U.S. presidential elections.
A staggering $87.1 billion is taken out of the US economy every year as a result of the flu season, as people who fall ill are unable to attend work and are forced to receive medical treatment for their ailment.
In addition, up to 15 percent of the world’s population is infected with the flu each year, with the illness affecting the finances of individuals, businesses and the general economy.
We are living in times of austerity: Economies all over the world are experiencing slower growth, and half of the eurozone economies are expected to shrink this year. In fact, not one major European country is expected to grow over 1 percent. Yet, the luxury market has managed to thrive despite all odds and it is showing no sign of slowing down. How can that be?
At the epicenter of the debt crisis, austerity is in vogue. From London to New York, governments are slashing budgets and raising unpopular taxes in the wake of runaway debt.
A global online ad scam may result in over 300,000 Internet users losing their access to the web from July 9 this year, said the U.S. Federal Bureau of Investigations (F.B.I.) on Wednesday, after shutting down an Estonian hacking ring that has been in operation for at least four years.
Acting on a ban by the European Commission, the United Kingdom has issued a moratorium against the technique of stripping meat from animal bones, raising concerns over the future of cheap patties and burgers.
The banned process, typically known as the ‘Desinewed Meat’ removal technique, involves stripping scraps of cow and sheep meat from bones under low pressure, with the reconstituted product closely resembling minced meat.
