Month: July 2022
Modern Warfare
The Western wars of the past 30 years have been waged largely against assorted insurgents and guerrillas; the sound of big guns once more pounding out duels within Europe is disorienting but now the war has changed ;The war in Ukraine is a curious mix of old and new. Soldiers crouch in trenches that would
Heat Waves
Climate change has made heatwaves more frequent, and more brutal. Very hot temperatures that were once rare occur more frequently and heatwaves that were once impossible come to pass for example swathes of eastern and southern China have seen unusually high temperatures in recent weeks and this week record-breaking temperatures of more than 40°C were
Italy: resignation of Mario Draghi
Mario Draghi has reaffirmed his resignation and that of his government. A statement from the president’s palace merely said that Mr Mattarella had taken note of the prime minister’s decision. But an early election is now expected, in September or early October; Mr Draghi may stay on as caretaker till then ,however, Mario Draghi managed
America proxy war with Russia effects
Inflation, wayward allies and venomous politics at home are eroding support for the proxy conflict against Russia.President joe biden pledges to support Ukraine for “as long as it takes”. But nearly six months into the fight, with the prospect of a long war to come, even Mr Biden’s closest allies are asking whether America might
Environmental, Social and Governance investing
environmental, social and governance investing. It is an attempt to make capitalism work better and deal with the grave threat posed by climate change. It has ballooned in recent years; the titans of investment management claim that more than a third of their assets, or $35trn in total, are monitored through one environmental, social and
Law suit against Apple Pay payment system
The tech giant is being accused of using its market power in the mobile phone industry to fend off competition from other payment card issuers. According to the complaint, Apple “coerces” consumers who use its smartphones, smart watches and tablets into using its own wallet for contactless payments, unlike makers of Android-based devices that let
Twitter-Musk takeover dispute
Mr Musk walked away from his $44bn bid to buy Twitter earlier in July, prompting the company to sue him and A US judge has ordered that Twitter’s lawsuit against Elon Musk go to trial in October. Twitter hopes that the court will order Mr Musk to complete the takeover at the agreed price of
successful seizure stolen funds from suspected North Korean hackers
Ransomware hackers will use malicious software to scramble data or lock users out of the system until a ransom is paid. The US Department of Justice has seized $500,000 worth of Bitcoin from suspected North Korean hackers. The hackers attacked healthcare providers with a new strain of ransomware, extorting the funds from several organisations. The
Charging people with shared accounts on Netflix
Netflix is expanding its push to charge people for sharing accounts, as it looks for new ways to make money after years of massive growth. Earlier this year the company announced its first subscriber fall in more than a decade. The firm is due to provide an update on its members along with its results,
almost a million subscribers terminates Netflix accounts
After enjoying a long reign as the king of streaming, Netflix faces a tough fight to keep its crown. The streaming giant has now lost members for two quarters in a row, but the drop was smaller than it feared. It lost almost a million subscribers between April and July as more people decided to