Monthly Archives: October 2016

China launches manned space mission; Xi sees global economy in precarious state; Let the pound fall and economy rise

1 China launches manned space mission (BBC) China has launched two men into orbit in a project designed to develop its ability to explore space. The astronauts took off from the Jiuquan Satellite Launch Centre in northern China. They will … Continue reading

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Global liquidity to stay abundant; To do an MBA or not; Anger of India’s Marathas

1 Global liquidity to stay abundant (Khaleej Times) Despite US Fed hikes, global liquidity will remain extremely abundant due to monetary easing by other central banks (ECB, BoE, BoJ, China), according to Euler Hermes, the worldwide leader in trade credit … Continue reading

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Record car sales in Europe; Singapore faces up to slow growth; ‘Last battle’ against Isis in Iraq

1 Record car sales in Europe (San Francisco Chronicle) Europe’s car industry continues to rebound from its longest-ever slump, posting 7 percent growth in September to reach the highest level on record for the month. Italy and Spain significantly outpaced … Continue reading

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World’s first drone delivery service in Rwanda; HP to shed 3,000 jobs in three years; Will jobs exist in 2050?

1 World’s first drone delivery service in Rwanda (Dan Simmons on BBC) What is being hailed as the world’s first commercial regular drone delivery service is beginning drop-offs in Rwanda. The operation uses fixed-wing drones that automatically fly to destinations … Continue reading

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Why the pound’s fall matters; Muslim youth expect more; Eight technologies to keep an eye on

1 Why the pound’s fall matters (Kamal Ahmed on BBC) There are three broad reasons for the sickly state of the pound, which fell again on Tuesday by a precipitate 0.9%. First, and fundamentally, it is a market judgment on … Continue reading

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China reveals plan to cut corporate debt; Economics Nobel for contract theory; Big surge in graduates ‘bad for UK economy’

1 China reveals plan to cut corporate debt (Gulf News) China has unveiled guidelines to reduce rising corporate debt levels which some analysts fear could destabilise the world’s second-largest economy. The government will take a multi-pronged approach to cutting company … Continue reading

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Free trade has hurt some, admits World Bank; Abu Dhabi not to have private cars on roads; Gandhi statue banished in Ghana

1 Free trade has hurt some, admits World Bank (Kamal Ahmed on BBC) The World Bank has admitted the growth of global free trade has not been a success for all. An internal briefing document says the effects of globalisation … Continue reading

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