The Economic Consequences of Automation
Sep 18, 2019 Robert Skidelsky Economic theory does not provide a clear answer regarding the overall impact of technological progress on jobs. And even if automation has traditionally been beneficial […]
The 2020 global crisis and a third world war
JORDAN TIMES – By Talal Abu-Ghazaleh For some time now, I have been sounding the alarm of an impending major economic crisis that may hit globally by the year 2020. […]
Human Psychology, Poverty and Religious Mindset
Epigraph: When man suffers some affliction, he prays to his Lord and turns to Him, but once he has been granted a favour from God, he forgets the One he […]
Boosting start-ups, Swiss lead campaign to support Middle East entrepreneurs
Jan 27, 2019 – Swiss Foreign Minister Ignazio Cassis has unveiled plans to help entrepreneurs in the Middle East to set up businesses. He is asking other countries to contribute […]
26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Source: Huffington Post By Laura Paddison The gap between rich and poor is fracturing society, poisoning politics and fueling public anger, according to a new report from anti-poverty nonprofit Oxfam, […]
Malaysia: Goldman Sachs must pay, apology not enough
AP January 18, 2019 Goldman CEO David Solomon apologized Wednesday to the Malaysian people for its former banker Tim Leissner’s role in arranging bond sales for 1MDB PUTRAYAJAYA, […]
Artificial intelligence may soon cause unprecedented disruption
Ellen R. Wald January 16, 2019 Workplace automation, including the use of artificial intelligence (AI) and robotics, is on the rise. (AFP) A prominent Chinese venture capitalist, Kai-Fu Lee, has […]
These are the cities that will dominate the global economy in the next 15 years
Despite the west’s experience of managing the process of urbanisation, it doesn’t have all the answers Hamish McRae @TheIndyBusiness The Independent Voices New York will continue to be the world’s largest urban economy in 2035, but Jakarta will have passed Tokyo to become the most populous city. However, […]
Islamic mortgage provider targets mainstream ‘ethical’ buyers
Islamic banks are looking to attract green and ethical customers Credit: Per Magnus Persson/Getty Images Adam Williams 5 December 2018 Specialist banks are aiming to broaden their appeal by offering […]
Iraq to launch reconstruction agency, president says
By Reuters – Nov 23,2018 -JORDAN TIMES ROME — Iraq plans to launch a reconstruction agency to focus on projects such as a deep water port and a rail network, […]
Despite Rising Economic Confidence, Japanese See Best Days Behind Them and Say Children Face a Bleak Future
Source: Pew Research Center BY BRUCE STOKES AND KAT DEVLIN (Martin Bureau/AFP/Getty Images) Japanese feel better about their economy than at any time in nearly two decades. But the overall mood in Japan […]
Corruption, Intolerance Threaten Indonesia’s Democracy
The country’s democracy is facing a crisis amid endemic corruption and rising intolerance, according to the results of a new survey by the Indonesian Survey Institute (LSI), released in […]
‘Not fair to expect all countries to obey US sanctions’: VP Oktay
DAILY SABAH ISTANBUL Published 5th November, 2018 It is not reasonable to expect countries like Turkey to forfeit their own interests to abide by United States sanctions on Iran, Vice President Fuat Oktay said Monday. “It’s not meaningful or fair to expect all countries to obey (U.S.) sanctions upon a […]
Iranian oil – 40 years of revolution, war, sanctions and bans
Nov 2, 2018 – 17:48 FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian […]
Deals worth more than $50bn signed at KSA Future Investment Initiative
ARAB NEWS October 23, 2018 RIYADH: At least 25 deals worth more than $50 billion have been signed at Future Investment Initiative (FII) in Riyadh. The contracts struck on the […]
By 2030, economies like China and India will hold dominance over the West – and influence our decisions
Some 70 per cent of the growth over the next 12 years will come from emerging markets Hamish McRae @TheIndyBusiness The Independent Voices AFP/Getty Images China passes the US to […]
Who really creates value in an economy?
Sep 11,2018 – JORDAN TIMES – MARIANA MAZZUCATO LONDON — After the 2008 global financial crisis, a consensus emerged that the public sector had a responsibility to intervene to bail […]
Greece emerges from eurozone bailout programme
Source: BBC News Greece has successfully completed a three-year eurozone emergency loan programme worth €61.9bn (£55bn; $70.8bn) to tackle its debt crisis. It was part of the biggest bailout in […]
Millions of Americans Can’t Afford a Checking Account. The Post Office Could Fix That
Source: Time By Abby Vesoulis Leonard Edwards, 57, doesn’t have a checking account. He can’t afford one. Once a month, the Social Security Administration adds money to his Direct Express […]
Gay activists in India push top court to end ban on homosexuality — in part for the economy’s sake
By Vidhi Doshi NEW DELHI — They are considered some of India’s brightest minds. Now students and alumni from India’s most prestigious universities who identify as lesbian, gay, bisexual, transgender or queer are […]