Monthly Archives: January 2016

Spanish economy grows fastest since financial crisis; Zika could be bigger threat than Ebola; Technology will effect more top-down change

1 Spanish economy grows fastest since financial crisis (Khaleej Times) Official figures show the Spanish economy grew by a strong 0.8 percent in the fourth quarter compared with the previous three months. The National Statistics Office said the economy grew … Continue reading

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Japan exports tumble most in three years; Oil ‘a blessing and curse for Russia’; Plastic now pollutes every corner of earth

1 Japan exports tumble most in three years (Straits Times) Japan’s exports fell the most in more than three years in December from a year earlier, stoking fears of economic contraction in the final quarter of 2015 as a slowdown … Continue reading

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UAE may scrap subsidies on power, gas; Why low oil prices hurt the markets; Storks shun migration for junk food

1 UAE may scrap subsidies on power, gas (Francis Matthew in Gulf News) The UAE is looking at removing subsidies on both electricity and on gas sold to companies generating power, said Energy Minister Suhail Al Mazroui, speaking at the … Continue reading

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‘Don’t blame China for global economic jitters’; Oil firm Schlumberger cuts 10,000 jobs; Kuwait proposes income and sales taxes

1 ‘Don’t blame China for global economic jitters’ (Ha-Joon Chang in The Guardian) The US stock market has just had the worst start to a year in its history. At the same time, European and Japanese stock markets have lost … Continue reading

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Fear grows about a 2008 repeat; UK car manufacturing at 10-year high; China’s responsibility is no more just domestic

1 Fear grows about 2008 repeat (Phillip Inman in The Guardian) Fears that the global economy could be heading for a repeat of the 2008 financial crash have sent shockwaves through financial markets – prompting a rush to safe havens … Continue reading

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Top 62 billionaires as wealthy as half the world population; As sanctions go, Iran’s foes fear the worst; Tennis match-fixing evidence revealed

1 Top 62 billionaires as wealthy as half the world population (Larry Elliott in The Guardian) The vast and growing gap between rich and poor has been laid bare in a new Oxfam report showing that the 62 richest billionaires … Continue reading

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Tech firms reel in 2016 stock market rout; BHP writes down $7.2bn shale assets; How tech companies threaten car makers

1 Tech firms reel in stock market rout (Sam Thielman in The Guardian) As 2016 ushers in one of the worst stock market routs in years, cracks in the tech sector have suddenly widened from mild to serious – and … Continue reading

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Climate change ‘biggest threat to global economy in 2016’; Japan shares dive after US sell off; South Korea growth forecast trimmed to 3%

1 Climate change ‘biggest threat to global economy in 2016 (Larry Elliott in The Guardian) A catastrophe caused by climate change is seen as the biggest potential threat to the global economy in 2016, according to a survey of 750 … Continue reading

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Crisis lurks behind yuan’s tiny fall; Record fall in global PC demand; Sixty per cent Silicon Valley women suffer harassment

1 Crisis lurks behind yuan’s tiny fall (Straits Times) The Chinese yuan’s 6 per cent decline over the past five months is hardly anyone’s idea of a crisis. On average it comes out to a drop of less than 0.04 per … Continue reading

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China markets start week with new falls; World’s poor lose out as aid is diverted to refugees; Tesla car can now park itself, be summoned

1 China markets start week with new falls (BBC) Asian shares headed lower on Monday as jitters from the sell-off in the markets last week continued to keep investors on edge. Global markets made big losses after Chinese trading was … Continue reading

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