by Quanda Zhang A small boost in microlending to the developing world could lift more than 10.5 million people out of extreme poverty. That’s one conclusion of my study, published last month in The B.E. Journal of Macroeconomics, which found…
Day: June 26, 2017
UAE princesses guilty of servant abuse in Belgium
Eight princesses from the UAE have been convicted of human trafficking and degrading treatment of their servants by a Brussels court.
Nobel laureate Liu Xiaobo released from Chinese prison
China’s best-known political prisoner, the civil rights campaigner and Nobel peace prize winner Liu Xiaobo, has been released on medical parole after he was diagnosed with terminal liver cancer.
Getting rid of Germany’s excessive current account surplus
by Gustav Horn There’s no end to the criticism of the excessive German current account surplus. Quite rightly, people suggest that this imbalance has the potential either to unleash violent currency fluctuations on a global scale or to generate a…
Six killed and 16 missing in Colombia boat capsize
At least six people died when a passenger boat sank on a reservoir in north-western Colombia, officials say. They say that 133 people were rescued, but 16 are still missing after the four-deck Almirante went down near the popular resort…
Hyperloop Hotel, the high-tech lodging and transport of the future?
What if your flight, your car and your hotel were all combined into one luxury, high-tech transit complex? That’s the idea behind Brandan Siebrecht’s Hyperloop Hotel — an inventive solution to 21st century traveling. Siebrecht, a graduate architect at the…