On March 11, 2011 at 05:46 UTC, Japan was hit with a Magnitude 9.0 Mega-Quake (the fourth largest earthquake ever recorded) . To put the size of this quake in perspective, it was 8,000 times more powerful than the one which devastated Christchurch (New Zealand) in February 2011, and around…
As Foreign Policy Magazine reports, “Equatorial Guinea’s economy depends almost entirely on oil, which generated revenues last year of well over $4 billion, giving it a per capita annual income of $37,900, on par with Belgium.” While this has given the country’s ruler (Teodoro Obiang Nguema Mbasogo) an estimated net…
As I write this, my Bloomberg feed shows that, “Euro-region leaders [have] ordered Greece to get the bloc’s highest budget deficit under control and said they are prepared to take “determined” action to staunch the worst crisis in the currency’s 11-year history.”, with the FT adding, “Under an agreement hammered…
History has seen humanity exist in a near constant battle for social, economic, political and (since the enlightenment) individual freedoms. These battles have been set against a backdrop of great change and conflict, as states, commerce and other bodies struggle to reconcile their needs for utility, their risk aversion and…
In recent weeks, we have seen uprisings in Tunisia, Egypt, Algeria, Yemen and Jordan where members of the populous have taken to the streets, demonstrating and disrupting a country over issues ranging from food inflation, corruption, freedom of speech, living conditions and basic human and economic rights. Most notably of…
Cookies are used on this site to give you the best possible experience. By continuing to use the site, I assume you are OK with that.