How will Biden conceal the inflation rampaging throughout his term? The latest scheme appears to be draining the Strategic Petroleum Reserve to the last drop. It’s already down to 17 percent, because Biden opened the spigot when his idiotic sanctions on Russian energy back in 2022 boosted prices at the pump into the stratosphere, always a terrifying development for homo politicus. Biden tamed gas prices by emptying most of the SPR. Now he may finish it off, because no, he can’t have gas prices...
Paramount Global CEO Bob Bakish saw his total compensation dip slightly in 2023, to $31.3 million from $32 million in the prior year. The latest figures were disclosed Monday in an SEC filing. The next-highest tally among top execs was for CFO Naveen Chopra, who collected $8 million, up from $6.5 million in 2022. Bakish’s […]
I'm Chris Anstey, a senior editor in Boston, and today we're looking at
I'm Chris Anstey, a senior editor in Boston, and today we're looking at
NEW YORK (AP) — The “miners” who chisel bitcoins out of complex mathematics are taking a 50% pay cut — effectively reducing new production of the world’s largest cryptocurrency, again. Bitcoin'
The accelerating slide in the value of Japan’s currency could ultimately be bad news for people in Japan who are heavily reliant on importsThe value of Japan’s currency has tumbled so much, that its value is back to where it was in 1990, shortly after Japan’s famous “bubble economy” burst. For a moment on Monday it was trading at 160 yen to US$1. A few years ago, it was closer to 100 yen to US$1.The yen’s accelerating slide could ultimately be bad news for people in Japan. A weaker yen squeezes...
Sometime in the next few days or even hours, the “miners” who chisel bitcoins out of complex mathematics are going to take a 50% pay cut — effectively slicing new production of the world’s largest cryptocurrency in half. That could have a lot of implications, from the price of the asset to the bitcoin miners […]
The declining quality of life in India should prompt soul-searching and rectifying regional cooperation rather than brow beating smaller neighbours.
New analysis suggests Aberdeen is the least expensive city in Britain to get on the property ladder – but it’s a different story entirely for those looking to buy their first home in Edinburgh. Rightmove found that the average asking price for a first-time buyer-type property with two bedrooms or fewer in Aberdeen is £102,601. Assuming a 20% deposit, a typical first-time buyer in Aberdeen could pay around £406 per month in mortgage costs, Rightmove calculated. The research looked at more than 50...
As vast solar plants multiply, so does the scrap, set to reach 19m tonnes by 2050. But disposing of the waste often falls to informal traders who risk injury when dismantling broken panelsUnder the scorching sun, a sea of solar panels gleams in the semi-arid landscape. Pavagada, 100 miles north of Bengaluru in southern India, is the world’s third-largest solar power plant, with 25m panels across a huge 50 sq km site, and a capacity of 2,050MW of clean energy.India has 11 similarly vast solar...
It marked another increase after the prior month's annual gain of 6%, and
THE BBC’s Zoe Ball said her mum has died following a heartbreaking cancer diagnosis – paying tribute to her “dear mama”. Radio 2 DJ Zoe announced her mother Julia’s pa