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”

China Prepares Retaliation for $200 Billion in US Tariffs

China Prepares Retaliation for $200 Billion in US Tariffs

China says it has no choice but to retaliate to U.S. President Donald Trump’s 10 percent tariffs on $200 billion...

Africa’s Youth Population, Poverty Spurs Gates Foundation’s Giving

Africa’s Youth Population, Poverty Spurs Gates Foundation’s Giving

Africa has the globe’s fastest-growing youth population as well as 10 of the poorest countries, a volatile combination that warrants...

ADB Ramps Up Pacific Presence as Aid Donors Jostle for Influence

ADB Ramps Up Pacific Presence as Aid Donors Jostle for Influence

The Asian Development Bank said on Tuesday it is expanding its presence in the Pacific islands, at a time of...

SpaceX’s First Private Passenger is Japanese Fashion Magnate Maezawa

SpaceX’s First Private Passenger is Japanese Fashion Magnate Maezawa

SpaceX, Elon Musk’s space transportation company, on Monday named its first private passenger as Japanese businessman Yusaku Maezawa, the founder...

Residents of One of the World’s Most Wired Countries Want a Digital Free Zone

Residents of One of the World’s Most Wired Countries Want a Digital Free Zone

There’s a push to keep a remote Icelandic nature reserve free from any internet or phone signals to preserve the...

US General Eyes Laser Defense to Boost Air Tanker Security

US General Eyes Laser Defense to Boost Air Tanker Security

Lasers might soon be the newest line of defense for vulnerable aircraft that are key to keeping other military planes...

Report: Machines to Handle Over Half Workplace Tasks by 2025

Report: Machines to Handle Over Half Workplace Tasks by 2025

More than half of all workplace tasks will be carried out by machines by 2025, organizers of the Davos economic...

Saudi Sovereign Fund Invests $1 Billion in US Electric Car Firm

Saudi Sovereign Fund Invests $1 Billion in US Electric Car Firm

Saudi Arabia’s sovereign wealth fund invested $1 billion Monday in an American electric car manufacturer just weeks after Tesla CEO...

Why Robots That Look Too Human Make Some People Uneasy

Why Robots That Look Too Human Make Some People Uneasy

Researchers are working to create robots that can do all types of jobs and now some scientists are trying to...

Report: UN Poverty Targets Remain Off Course

Report: UN Poverty Targets Remain Off Course

Aid money urgently needs to be redirected to the poorest countries in order to reach the United Nations’ goal of...

Trump Tells Aides to Proceed With More Tariffs on Chinese Goods

Trump Tells Aides to Proceed With More Tariffs on Chinese Goods

U.S. media reports said Friday that President Donald Trump has instructed aides to proceed with tariffs on $200 billion more...

Bloomberg: Trump Wants Tariffs on About $200 Billion in Chinese Goods

Bloomberg: Trump Wants Tariffs on About $200 Billion in Chinese Goods

U.S. President Donald Trump has instructed aides to proceed with tariffs on about $200 billion more in Chinese products, despite...

Turkey’s Central Bank Defies Erdogan, Hikes Rates

Turkey’s Central Bank Defies Erdogan, Hikes Rates

The Turkish central bank caught international markets by surprise Thursday as it aggressively hiked interest rates in an effort to...

Zuckerberg Says Facebook ‘Better Prepared’ for Election Meddling

Zuckerberg Says Facebook ‘Better Prepared’ for Election Meddling

Facebook is better prepared to defend against efforts to manipulate the platform to influence elections and has recently thwarted foreign...

In Cuba, Street Vendors Sing to Sell, From Salsa to Reggaeton

In Cuba, Street Vendors Sing to Sell, From Salsa to Reggaeton

Cuba’s street vendors are bringing back the pregon, the art of singing humorous, rhyming ditties with double entendres about the...

Survey: US Tariffs Hurting American Businesses in China

Survey: US Tariffs Hurting American Businesses in China

Even before U.S.-China trade tensions began escalating dramatically, foreign businesses who operate in China were warning about the impact tariffs...

Anti-Corruption Watchdog: Most Countries Ignore Anti-Foreign Bribery Laws  

Anti-Corruption Watchdog: Most Countries Ignore Anti-Foreign Bribery Laws  

A new report by Transparency International suggests foreign bribery is alive and well.  The report, by the Berlin-based, anti-corruption watchdog,...

Argentine Austerity Protests Mount Over Macri-Backed IMF Measures

Argentine Austerity Protests Mount Over Macri-Backed IMF Measures

Labor unions and social groups blocked streets in downtown Buenos Aires on Wednesday, with more marches planned over the days...

Updated Apple System Takes on Smartphone Addiction

Updated Apple System Takes on Smartphone Addiction

Apple’s polished iPhone line-up comes with tools to help users dial back their smartphone obsessions, amid growing concerns over “addiction”...

Apple Unveils Larger iPhones, Health-Oriented Watches

Apple Unveils Larger iPhones, Health-Oriented Watches

Apple Inc unveiled larger iPhones and watches based on the design of current models on Wednesday, confirming Wall Street expectations...

US Median Household Income Reaches Record High

US Median Household Income Reaches Record High

The median U.S. household income reached $61,372 last year — its highest level ever, the U.S. Census reported Wednesday. The...

S. Korea Jobless Rate Hits Highest Since Global Financial Crisis

S. Korea Jobless Rate Hits Highest Since Global Financial Crisis

South Korea’s unemployment rate hit an eight-year high in August as mandatory minimum wages rose, adding to economic policy frustrations...