Author Archives: joesnewspicks

About joesnewspicks

This blog captures interesting news items from around the world for those strained by information overload and yet need to stay updated on global events of significance. The news items displayed are not in order of merit. (The blog takes a weekly off — normally on Sundays — and does not appear when I am on vacation or busy.) I am a journalist for nearly three decades.

Stocks fall as trade worries spread; When your cam and mike may be spying on you; An education disruption in Dubai

1 Stocks fall as trade worries spread (Marley Jay in San Francisco Chronicle) Stocks ended the week the way they began it: tumbling as investors worry that tariffs and harsh words between the US and China will touch off a … Continue reading

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Samsung expects record profit; Venezuela inflation goes through the roof; Record year for private equity companies

1 Samsung expects record profit (BBC) Samsung Electronics expects to deliver record profits for the last three months of 2017, but the estimate missed analyst expectations. The world’s biggest memory chip maker forecast operating earnings of 15.1 trillion won ($14.1bn) … Continue reading

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US jobs growth loses steam; Why oil may boil in 2018; Malaysia’s market for modest wear

1 US jobs growth loses steam (Natalie Sherman on BBC) US employers added fewer jobs than expected in December, capping a year of slowing jobs growth. Non-farm payrolls rose by 148,000 last month, amid losses in the retail sector, the … Continue reading

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Millions to be moved in China anti-poverty drive; Saudi princes held for anti-austerity protest; Stressed Iran working class fuels protest

1 Millions to be moved in China anti-poverty drive (Tom Phillips in The Guardian) Over the next three years China’s Xi Jinping’s anti-poverty crusade – which the Communist party leader has declared one of the key themes of his second … Continue reading

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Oil producers hope for stable market in 2018; More trouble for Toys R Us; The price to pay for shipbreaking

1 Oil producers hope for stable market in 2018 (Gulf News) The world oil market has the potential to reach full stability in 2018 as the level of inventories are expected to be reduced to a comfortable level, said Suhail … Continue reading

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Robots to take 800m jobs by 2030; Canada tests ‘basic income’ effect on poverty; Just Eat enters FTSE 100

1 Robots to take 800m jobs by 2030 (BBC) Up to 800 million global workers will lose their jobs by 2030 and be replaced by robotic automation, a new report has found. The study of 46 countries and 800 occupations … Continue reading

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Musk beats deadline for biggest battery; Bezos’ fortune hits $100bn; When all cars drive themselves

1 Musk beats deadline for biggest battery (Gulf News) Entrepreneur Elon Musk has won a $50 million bet by beating a 100-day deadline for building a giant battery to help South Australia avoid energy blackouts, officials said. State Premier Jay … Continue reading

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