
Schools in England are facing bankruptcy – here's what the government could do to help
Oct 31, 2022 08:46 am UTC| Insights & Views Economy
We have barely reached the autumn half term and school leaders are already beginning to worry about what the academic year beginning in September 2023 will hold. The combined effect of the cost of living crisis with...
The ethics of canceling student debt is more about fairness than broken promises
Oct 31, 2022 08:44 am UTC| Economy
Several groups have opposed President Joe BIdens plan to forgive $10,000 to $20,000 of student debt. Photo by Paul Morigi/Getty Images for We the 45m President Joe Bidens plan to forgive US$10,000 to $20,000 of student...

What long-term economic stagnation means for climate change
Oct 31, 2022 08:41 am UTC| Economy
The financial shock the UK has recently suffered is of course bad for green investment. The Rishi Sunak-led government is also likely to use this crisis to push for further public spending cuts that will rule out a truly...

Bankers need to be personally liable to avoid future financial crises — new research
Oct 31, 2022 08:41 am UTC| Economy
Most financial crises have plenty in common. They tend to start in the banking sector and involve excessive borrowing, together with an asset bubble, usually related to property. The global crisis of 2008 was no...

Cathay Pacific announces resumption of flights using Russian airspace
Oct 31, 2022 08:25 am UTC| Business Economy
Cathay Pacific Airways Limited, the flag carrier of Hong Kong, announced it would start flying using Russian airspace again. The airline is set to resume travel via the Polar Route on Nov. 1. Starting on the said date,...

Elon Musk reportedly ordered Twitter layoffs, fired top executives to dodge payouts
Oct 31, 2022 07:50 am UTC| Business Economy
Elon Musk finally completed his acquisition of Twitter last week, and as he takes over the company, it was reported that he immediately ordered job cuts and fired its top executives including the chief executive officer,...

Kia issues warning, recalls 72,000 Sportage SUVs in the US
Oct 31, 2022 07:08 am UTC| Business Economy
Kia Motors issued a new recall notice and this time, it is for the owners of its Sportage sport utility vehicle model. The South Korean automobile manufacturer is calling back about 72,000 units of the said SUV model due...