Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Life

Fri, May 03, 2024 04:03 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Funerals will hit 100 million a year by 2060 – here’s how to make them more sustainable

Aug 07, 2021 01:27 am UTC| Life

Across the world, resting places for the dearly departed are running out of space: and its spelling bad news for the environment. In many countries, splashing the cash to secure a traditional grave in commercial...

4 gambling reform ideas from overseas to save Australia from gambling loss and harm

Aug 06, 2021 09:50 am UTC| Life

Its now well recognised gambling can cause significant harm. However, many countries have done much more to reduce gambling-related harm than we have in Australia. Heres four examples of how other countries have...

Young people are missing the office – here’s how they can thrive in a post-pandemic workplace

Aug 06, 2021 09:44 am UTC| Life

When asked about the governments position on remote working in the long-term, UK chancellor Rishi Sunak recently said that young people in particular would benefit from physically being in the office. It was really...

Heavy beer drinkers force Kirin Brewery to charge for factory tours

Aug 03, 2021 09:33 am UTC| Life Economy

Overconsumption of beer during free tastings in factory tours forced Kirin Brewery Co. to charge participants 500 yen beginning Oct. 1. The change is intended to prevent visitors from repeatedly returning for free beer...

S. Koreans increase reliance on meal kits and food deliveries

Jul 30, 2021 23:38 pm UTC| Life Economy

South Koreas home meal replacement (HMR) market and the food delivery industry collectively grew more than twice from 12 trillion won in 2018 to 25 trillion won in 2021. The countrys HMR market reached 5 trillion won...

S. Korea's growing drinking-at-home culture pushes wine imports to record $236.9 million in H1

Jul 29, 2021 23:57 pm UTC| Economy Life

South Koreas wine imports reached an all-time high value of $236.9 million in the first half, up 110 percent year-on-year as more people drink at home due to the prolonged pandemic. The figure broke the previous...

S. Korea to allow sidewalk testing of self-driving robots

Jul 28, 2021 23:53 pm UTC| Life Economy

South Korea will allow businesses to test self-driving robots equipped with cameras on sidewalks. Self-driving robots, considered automobiles under local rules, were banned from running alongside pedestrians and could...

271 272 273 274 275 276 277 278 279 280

Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

Science

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...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Technology

Shiba Inu Dead Cat Bounce: Price Rebound or Bearish Omen?

Investors in the cryptocurrency world are eyeing Shiba Inu (SHIB) with cautious optimism as the meme coin shows signs of a potential dead cat bounce, a dubious reversal often seen in volatile markets. With SHIB struggling...

PEPE Price Surges 7% Amid 4 Trillion Pepe Coin Accumulation by Whale

A monumental 4 trillion Pepe coin accumulation by a crypto whale on May 3 has sparked a significant 7% surge in PEPEs price. This surge, observed amid bullish market sentiments, follows a week of price consolidation,...

Hyundai Motor Scales Up Hydrogen EV Truck Business in the US

Hyundai Motor Company is expanding its hydrogen EV truck operations in the United States to take the lead in this line of business in the region. As part of the initiative, South Korean vehicle manufacturers are offering...

Kakao Enhances AI Focus, Merges Kakao Brain Into Core Operations

South Koreas Kakao Corporation finally decided to absorb Kakao Brains AI unit. The tech and internet giant is taking over its AI research and development (RD) business, which will include all of the departments staff and...

Shiba Inu (SHIB) Team Insider Unravels Key Burn Mystery: Exclusive Details

In a revealing discussion, Lucie, a member of the Shiba Inu team, sheds light on the enigmatic key burns orchestrated by the projects founder, Ryoshi. Lucies insights, shared in response to community inquiries, clarify...