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Tue, May 21, 2024 06:00 AM All times are UTC

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Doosan Mobility seeks ODA deal to supple drones to developing countries

Sep 09, 2021 22:46 pm UTC| Economy Business

South Korean drone maker Doosan Mobility Innovation (DMI) has signed a preliminary deal with AIRON Corp. to provide hydrogen-propelled drones to developing countries for logistics and security maintenance. Under the...

Carbon tax to burden S. Korean firms by up to 36 trillion won: Nice Rating

Sep 09, 2021 22:26 pm UTC| Economy Nature

South Korean firms may face between 7.3 trillion won to 36.3 trillion won in additional taxes if the country comes up with a carbon tax law, according to Lee Soo-min, a researcher with Nice Rating. Hardest to be hit are...

El Salvador president steps in to help citizens fix bitcoin issues

Sep 09, 2021 21:54 pm UTC| Digital Currency Economy

Salvadoran President Nayib Bukele stepped in to help bitcoin users encountering technical issues as the nation adopted the cryptocurrency as legal tender. Bukele encouraged them to report any problems on his Twitter...

Indian app developers hoping for solutions similar to S. Korea’s ‘anti-Google law'

Sep 09, 2021 15:46 pm UTC| Law Economy

Indian app developers are becoming more hopeful that the country would conceive solutions similar to South Koreas so-called anti-Google law. The new South Korean law lets apps use their preferred payment systems,...

FTT hits record high price of $83, becomes 26th biggest digital asset

Sep 09, 2021 11:57 am UTC| Digital Currency Economy

The FTT hit a new all-time high price of $83 following the launching of FTX crypto exchanges NFT marketplace, making it the 26th biggest digital asset It also increased the token market cap to $8.44 billion. FTT, the...

Plant-based tuna to be released next month by Next Meats

Sep 09, 2021 09:59 am UTC| Business Economy

Next Meats is launching its newest product next month and it is the Next Tuna. With this, a plant-based fish is now coming to the market. The start-up company will be introducing the fish-less fish and this is unique as...

Disney Plus inks partnership deal with LG Uplus to launch OTT media services

Sep 09, 2021 09:51 am UTC| Business Economy

Disney Plus reportedly chose LG Uplus, one of South Koreas telecom companies, to be its partner for the official launching of its over-the-top (OTT) media services on Nov. 12. It was said that it was the latters chief...

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Economy

Interest rates: the ugly dilemma facing Europe’s central banks – and why it’s a mistake to cut too soon

Central banks in Europe are discovering an old dilemma: when they lower interest rates because inflation is slowing down, its likely to weaken their currencies. This in turn may delay the fall in inflation towards their...

Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity

Some believe that the war in Ukraine has fundamentally changed Europe, giving birth to a different kind of European order. That is, it appears to be driving structural shifts in the way Europe is run and organised that...

Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle of high payments

There are 8.5 million households in the UK who own a home with a residential mortgage, often with fixed interest rates from two to five years. Usually, when that mortgage deal ends, the borrower will move to another deal...

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Politics

Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act

At the end of April 2024, a long and peaceful process of national dialogue in Gabon between the military junta, presided over by coup leader General Brice Oligui Nguema, and civil society, represented by 580 civilians,...

How German media attention idealises female Ukrainian refugees

According to the latest available data, around 3.7 million Ukrainians are internally displaced, while nearly 6.5 million have registered as refugees globally. With 1.13 million, Germany has taken in the largest...

Over 26 million South Africans get a social grant. Fear of losing the payment used to be a reason to vote for the ANC, but no longer – study

Social grants to reduce poverty feature prominently in the campaign promises of political parties in South Africas 2024 national and provincial general elections, set for 29 May. The countrys social grants system is one...

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

Technology

Shibarium BONE Token Set for Potential Binance Listing, Price Up by 5%

Binances recent request for project proposals has ignited the Shiba Inu community, fueling a 5% surge in BONE token price amid speculation of a potential listing. Binances New Strategy Supports Small-to-Medium...

Wendy’s Launches $3 Breakfast Deal as McDonald’s Tests Limited $5 Value Meal in June

Wendys will offer a $3 breakfast deal starting May 20, while McDonalds plans a $5 value meal for June, reflecting a strategic push to attract budget-conscious consumers amid high inflation. Wendys $3 Breakfast Deal...

Ethereum Trends Amid SEC ETH ETF Speculation and $341M Whale Purchases

Ethereum has become the top trending asset, driven by SEC ETH ETF speculation and massive whale purchases totaling $341 million in the past 24 hours. Ethereum Whales Boost Holdings by $341M as SEC ETH ETF Decision...

Analysts Suggest SEC May Reconsider Spot Ether ETF Denial Amid Market Speculation

Analysts James Seyffart and Eric Balchunas have increased the likelihood of the SEC approving a spot Ether ETF from 25% to 75%, citing new speculation about the regulators stance. ETF Analysts Increase SEC Spot Ether...

OpenAI Suspends ChatGPT Sky Voice Following Scarlett Johansson 'Her' Comparisons

OpenAI has decided to suspend its ChatGPT Sky voice after multiple users noted its resemblance to Scarlett Johanssons voice in the 2013 film Her. OpenAI Addresses Voice Similarity Concerns OpenAI says it will pause...