Author: synergia
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Congress wants to regulate tech
The newly installed U.S. Congress is expected to see a fresh effort to develop new regulations for big technology firms, with a focus on tougher enforcement of privacy and data protection. The United States Congress is the bicameral legislature of the Federal government of the United States. The legislature consists of two chambers: The…
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IMF: World unprepared for a slowdown
David Lipton, the first deputy managing director of the IMF said that the leaders of the world’s largest industries are not prepared to face the consequences of a global economic slowdown. An economic slowdown refers to a situation when the rate of economic growth in a country is gradually declining…
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Saudi woman trapped at Bangkok airport
An 18-Year-old Saudi Arabian woman, Rahaf Mohammed Al Qunun is held at the Bangkok airport. Rahaf had renounced Islam and fled her family while travelling in Kuwait. It is feared that she would be killed if she will be repatriated. Human rights in Saudi Arabia are intended to be…
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Xi urges battle readiness
China’s armed forces must strengthen their sense of urgency and do everything they can to prepare for battle, President Xi Jinping told a meeting of top brass. President Xi had earlier stated that there should be a “national reunification” of China and Taiwan by either force or compliance. The island nation…
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US job surge in December
Amidst volatile stock markets, trade war, a partial government shutdown and signs of economic slowdown, US added 312000 jobs in December 2018 and a total of 2.64m jobs. 2018 was the third best year for job growth since recession a decade ago. Unemployment generally falls during periods of economic prosperity and rises during recessions…
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Maduro’s presidency questioned
A dozen Latin American nations including Canada are questioning Nicolas Maduro’s presidency in Venezuela as he is soon to begin his second term in power. These nations are urging him to hand over power as the only solution to restoring democracy in the country. Nicolas Maduro took office in 2013…
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Hackers target German politicians
Hackers have leaked the personal data of hundreds of German politicians, journalists and celebrities. This is reported to be one of the worst cyber security breaches in Germany. A cyberattack is any type of offensive maneuver that targets computer information systems, infrastructures…
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Bermuda is Google’s new Tax Haven
US tech giant Google moved some $23 billion in profits to a Bermuda tax haven in 2017, an increase of $4bn from 2016, newly released filings reveal. Google has exploited the loophole in the EU tax system for years. A tax haven is a country that offers foreign individuals and businesses little…
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The Red Sea-Dead Sea conveyance
Israel is ready to move ahead with a multibillion-dollar project with Jordan to pipe water from the Red Sea to the Dead Sea. The project was initiated in 2013 but its implementation was hampered by political tensions pertaining to the Israeli – Palestinian peace deal.
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China’s population problem
The Chinese population has shrunk for the first time in 70 years. Experts have warned of a ‘demographic crisis’ that will have a significant impact on the country’s slowing economy. China’s population reached the billion mark in 1982. China is presently the most populous country in the world with around 1.41 billion people…