PHEW…We have survived the Mayan apocalypse. Cassandra can look forward to 2013 in a positive spirit (though we should obviously keep a wary eye on a giant asteroid, appealingly named 2012 DA14, which will come menacingly close to the Earth on February 15th) . But apparently not everyo...
can see this article anyway but read plenty on bitcoin mining last year so problery nothing new. Dont really know much about as techical sounding thing but is processer speed increase at the correct speed as projected so that newbit coins appear at when would expect or something like ...
CLIMATE-CHANGE talks in Doha this week opened in a mood of pessimism about the chances governments will agree to and implement policies that might limit the rise in global temperature to less than 2ºC. But on December 5th a cheering announcement punctured the gloom: that Indonesia’s g...
SO RARE is industrial action in Singapore that the government and press seem to be hazy about the vocabulary. When 171 bus drivers employed by SMRT, a government-owned firm, refused to go to work on November 26th and staged a sit-in at their dormitory, the Straits Times , a pro-govern...
AFRICA’S “mobile decade”, when telephones at last reached most corners of the continent, has meant a huge improvement in the lives of the poor. But quantifying it is hard. How useful can a mobile phone be to someone living on less than $2.50 a day, the World Bank’s standard benchmark ...
About 280 billion non-cash payments were made in 2010 (the latest year for which final data are available), 7% more than in 2009. The rich world accounts for 80% of these. But the latest “World Payments Report” estimates that robust growth in emerging markets could have pushed the num...
I have just left Singapore after a very enjoyable five years there. Although I would happily move back again, I think five years is enough for a small city state - a few years in Bangkok or similar for a bit more vibrancy maybe? It is relaxed, polite (except for exceptionally rude car...
“GIVE me control of a nation’s money supply, and I care not who makes its laws.” So said Mayer Amschel Rothschild, founder of the Rothschild banking dynasty. What would he make of Bitcoin, an online currency with no issuing authority whatsoever? Despite being written off following a s...
“GIVE me control of a nation’s money supply, and I care not who makes its laws.” So said Mayer Amschel Rothschild, founder of the Rothschild banking dynasty. What would he make of Bitcoin, an online currency with no issuing authority whatsoever? Despite being written off following a s...
“GIVE me control of a nation’s money supply, and I care not who makes its laws.” So said Mayer Amschel Rothschild, founder of the Rothschild banking dynasty. What would he make of Bitcoin, an online currency with no issuing authority whatsoever? Despite being written off following a s...
“GIVE me control of a nation’s money supply, and I care not who makes its laws.” So said Mayer Amschel Rothschild, founder of the Rothschild banking dynasty. What would he make of Bitcoin, an online currency with no issuing authority whatsoever? Despite being written off following a s...
MILTON FRIEDMAN famously called for the abolition of the Federal Reserve, which he thought ought to be replaced by an automated system which would increase the money supply at a steady, predetermined rate. This, he argued, would put a lid on inflation, setting spending and investment ...
“GIVE me control of a nation’s money supply, and I care not who makes its laws.” So said Mayer Amschel Rothschild, founder of the Rothschild banking dynasty. What would he make of Bitcoin, an online currency with no issuing authority whatsoever? Despite being written off following a s...
“GIVE me control of a nation’s money supply, and I care not who makes its laws.” So said Mayer Amschel Rothschild, founder of the Rothschild banking dynasty. What would he make of Bitcoin, an online currency with no issuing authority whatsoever? Despite being written off following a s...
ONCE upon a time most of the tiny island-state of Singapore was a jungle. That is nearly all gone now, but the country is still heavily populated by tigers. These strict, unyielding felines, celebrated by Amy Chua in her book on the superiority of Chinese parenting, “The Battle Hymn o...
THE city-state of Singapore likes to think of itself as squeaky clean, so the prosecution of a priest, no less, for corruption has caused a furore. On July 25th Kong Hee, pastor at City Harvest Church (CHC), and five others appeared in court on charges of misusing up to S$50m ($40m) o...
