Digest

World and business news. The world is the totality of entities, the whole of reality, or everything that exists. The nature of the world has been conceptualized differently in different fields. Some conceptions see the world as unique while others talk of a “plurality of worlds”

More Than Half the World’s Population is Using the Internet

More Than Half the World’s Population is Using the Internet

The International Telecommunication Union reports that for the first time in history, half of the global population is using the...

World Marks Anti-Corruption Day

World Marks Anti-Corruption Day

Corruption costs the world economy $2.6 trillion each year, according to the United Nations, which is marking International Anti-Corruption Day...

California Scientists Developing Drones That Can Learn

California Scientists Developing Drones That Can Learn

The role drones play in our lives today is becoming greater and greater, as are the capabilities of these autonomous...

US, Western Diplomats See Political Motive Behind OPEC Oil Cut

US, Western Diplomats See Political Motive Behind OPEC Oil Cut

Despite repeated calls by U.S. President Donald Trump for oil production to remain steady, the Saudi-led Organization of the Petroleum...

IMF Approves $3.7 Billion Loan for Oil-rich Angola

IMF Approves $3.7 Billion Loan for Oil-rich Angola

The International Monetary Fund says it has approved a three-year loan of about $3.7 billion for Angola, which seeks to...

Australia Passes World’s First Encryption-Busting Law

Australia Passes World’s First Encryption-Busting Law

Security agencies will gain greater access to encrypted messages under new laws in Australia. The legislation will force technology companies...

China Exports, Imports Weaken Ahead of US Talks

China Exports, Imports Weaken Ahead of US Talks

China’s export growth slowed in November as global demand weakened, adding to pressure on Beijing ahead of trade talks with...

Stocks Drop 4 Percent in Rocky Week on Trade, Growth Worries

Stocks Drop 4 Percent in Rocky Week on Trade, Growth Worries

Wall Street capped a turbulent week of trading Friday with the biggest weekly loss since March as traders fret over...

Top Democrat: Moscow Has Closed Cyber Gap With US

Top Democrat: Moscow Has Closed Cyber Gap With US

The top Democrat on the Senate Intelligence Committee warns the United States is being outgunned in cyberspace, already having lost...

Australia Anti-Encryption Law Rushed to Passage 

Australia Anti-Encryption Law Rushed to Passage 

A newly enacted law rushed through Australia’s parliament will compel technology companies such as Apple, Facebook and Google to disable...

Major Oil-producing Countries Agree to Cut Output

Major Oil-producing Countries Agree to Cut Output

Oil prices climbed sharply Friday after OPEC and other producers led by Russia agreed to cut output to reduce global...

US Locks in Duties on Chinese Aluminum Sheet Imports

US Locks in Duties on Chinese Aluminum Sheet Imports

 The U.S. International Trade Commission said on Friday it made a final determination that American producers were being harmed by...

Nissan to Recall 150,000 Cars Due to Dubious Inspections

Nissan to Recall 150,000 Cars Due to Dubious Inspections

Nissan announced plans Friday to recall about 150,000 vehicles sold in Japan due to improper inspections.  “Nissan has recently found...

US Stocks Rebound From Early Plunge

US Stocks Rebound From Early Plunge

U.S. stocks clawed most of their way back from a deep slide Thursday that at one point had wiped out...

World Stocks Plunge on Concerns Over US-China Trade Relations

World Stocks Plunge on Concerns Over US-China Trade Relations

U.S. stocks fell sharply again Thursday, following steep drops on Asian and European markets, with investors worried about the fate...

US Trade Deficit Hits 10-Year High on Record Imports

US Trade Deficit Hits 10-Year High on Record Imports

The US trade deficit hit a 10-year high in October as Americans used a stronger dollar to snap up record...

OPEC Looks to Cut Oil Production to Support Falling Price

OPEC Looks to Cut Oil Production to Support Falling Price

OPEC countries were gathered Thursday to find a way to support the falling price of oil, with analysts predicting the...

Virginia Tech Students Unveil the House of the Future

Virginia Tech Students Unveil the House of the Future

Joseph Wheeler and his team of students and faculty from Virginia Tech University are convinced they are building the house...

US and China Fight for Supremacy in 5G Technology

US and China Fight for Supremacy in 5G Technology

Many experts predict that the emerging 5G wireless technology will revolutionize the world’s economy. They say it holds the key...

Virginia Tech Team Wins House of the Future Competition

Virginia Tech Team Wins House of the Future Competition

It’s official: A team of faculty and students from Virginia Tech University has built what’s being billed as the world’s...

Scientists Pool Oceans of Data to Plot Earth’s Final Frontier

Scientists Pool Oceans of Data to Plot Earth’s Final Frontier

For experts in the field of ocean mapping, it is no small irony that we know more about the surfaces...

Australian Bid for Encrypted Data Passes First Hurdle

Australian Bid for Encrypted Data Passes First Hurdle

The Australian parliament’s lower house Thursday passed a bill to force tech firms such as Alphabet Inc’s Google, Facebook and...