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Economy

Brazil Prosecutor Aims Graft Probe at Dozens of Politicians

By Yeco on Wednesday, March 15, 2017

Brazil’s top public prosecutor asked the Supreme Court to open 83 new investigations into senior politicians on Tuesday, reportedly including five ministers and leading lawmakers, in a dramatic escalation of a graft probe threatening the government. Prosecutor General Rodrigo Janot …

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Technology

Why Bangalore Doesn’t Need Silicon Valley

By Ytech on Tuesday, March 14, 2017

Visitors to Bangalore, India, these days can see street art, have beer at local microbreweries or take an Uber ride to a distant neighborhood to meet with venture capitalists about a recent startup that grabbed their attention. Gone are the …

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Technology

Peru Startup Founders Discuss Business Challenges in Developing Countries

By Ytech on Tuesday, March 14, 2017

Mariana Costa Checa, a Peruvian entrepreneur, runs a coding boot camp for women in Peru, many of whom have no formal education. She attended the South by Southwest conference and festivals in Austin, Texas, as part of a Peruvian contingent …

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Economy

IATA Still Wary of Protectionism After Positive Meeting with US Officials

By Yeco on Tuesday, March 14, 2017

Airline industry group IATA said it remains concerned about protectionist rhetoric from the United States and other governments, but also sees the new U.S. administration’s plans to invest in infrastructure as positive for the industry. IATA’s Director General Alexandre de …

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Economy

US Central Bank Expected to Boost Interest Rates Slightly on Wednesday

By Yeco on Tuesday, March 14, 2017

Most analysts predict the U.S. central bank will boost interest rates slightly on Wednesday as the economy nears full employment and inflation rises modestly. Leaders of the U.S. Federal Reserve are gathered in Washington through Wednesday to debate interest rate …

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Economy

Got a Spare $3.85 Million? Oregon Town Could be Yours

By Yeco on Tuesday, March 14, 2017

Aspiring property moguls take note – the town of Tiller, Oregon, is for sale, asking price just $3.5 million. For an extra $350,000, you can have the old school too. The mostly uninhabited, unincorporated town about 225 miles (362 km) …

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Economy

Chinese CEOs Protest Curbs on Foreign Investments

By Yeco on Tuesday, March 14, 2017

China is witnessing a rare protest from heads of some major Chinese companies who say government controls on the outflow of funds are hurting their ability to strike business deals overseas. Starting late last year, the government began imposing strict …

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Science

This Day in History: Famed Physicist Albert Einstein is Born in 1879

By Yscien on Tuesday, March 14, 2017

On this day in 1879, famed physicist Albert Einstein was born in Ulm, Germany. Best known for his theories of relativity, Einstein would toil alone with his obsessive queries of the universe for years in the Swiss patent office before gaining …

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Economy

China Says Taiwan Tensions Affecting Some Imports

By Yeco on Tuesday, March 14, 2017

Political tension between China and Taiwan has affected cooperation on safety standards leading to a large number of cosmetic and food imports being stopped from entering China, the head of China’s quality watchdog said on Tuesday. China deems Taiwan a …

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Science

Burundi Says Malaria Reaches Epidemic Proportions

By Yscien on Tuesday, March 14, 2017

Health experts say more than 700 people have died of malaria so far this year in Burundi, prompting the government to declare the disease an epidemic.   The determination was based on findings of a survey by Burundian and World …

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Technology

African Governments Learn to Block the Internet, but at Cost

By Ytech on Tuesday, March 14, 2017

The mysterious Facebook blogger kept dishing up alleged government secrets. One day it was a shadowy faction looting cash from Uganda’s presidential palace with impunity. The next was a claim that the president was suffering from a debilitating illness. For …

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Technology

Facebook Bars Developers from Using Data for Surveillance

By Ytech on Tuesday, March 14, 2017

Facebook barred software developers on Monday from using the massive social network’s data to create surveillance tools, closing off a process that had been exploited by U.S. police departments to track protesters. Facebook, its Instagram unit and rival Twitter came …

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Technology

FBI Official to Tech World: Try to Understand Us

By Ytech on Tuesday, March 14, 2017

So what was the FBI doing at the South by Southwest Conference and Festivals in Austin, Texas, primarily known for music, movies and interactive media? James Baker, the Federal Bureau of Investigation’s general counsel, took the stage at a hotel …

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Technology

Using Social Media, Carter Center Maps Syria Conflict

By Ytech on Tuesday, March 14, 2017

As the director of the Carter Center’s Conflict Resolution Program, Lebanese-born Hrair Balian had a problem at the onset of the war in Syria in 2011. “There really was a shortage of reliable information of developments on the ground,” he …

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Science

Quality Physical Therapy Just a Mouse Click Away

By Yscien on Tuesday, March 14, 2017

Victims of stroke often face years of grueling, physical therapy, if they can even find a qualified therapist. Now a Portuguese inventor has created a computer program that delivers high quality, monitored therapy, and it’s just a mouse click away. …

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Technology

Startup Founders in Peru Tackle Misconceptions of Poverty

By Ytech on Tuesday, March 14, 2017

While Peru is best known for the ancient Inca city, Machu Picchu, for certain aspiring entrepreneurs, it’s also home to innovative, social enterprises. But doing good isn’t always enough when it comes to launching a startup in developing nations like …

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Science

Madrid to Ban Old Cars by 2025 in Crackdown on Air Pollution

By Yscien on Monday, March 13, 2017

Madrid’s city government announced plans on Monday to ban the oldest and most polluting vehicles from the city center by 2025 in a bid to crackdown on air pollution. The local government will prohibit the use within the city’s limits …

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Technology

Opposing Groups in California Team Up Against Trump

By Ytech on Monday, March 13, 2017

Before Donald Trump’s election, Laurence Berland viewed political protest as a sort of curiosity. He was in a good place to see it: San Francisco’s Mission District, once an immigrant enclave in the country’s heartland of radicalism that is increasingly …

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Economy

Trump Budget Plan Set to Spark Another Battle with Congress

By Yeco on Monday, March 13, 2017

U.S. President Donald Trump this week will unveil a budget expected to massively increase military spending while slashing other federal programs. The proposal, set to be released Thursday, will offer the most detailed look yet at how Trump intends to …

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Science

‘Boaty McBoatface’ to Embark on First Mission

By Yscien on Monday, March 13, 2017

It’s not every day that an unmanned scientific submarine makes international headlines, but this sub is named Boaty McBoatface, and it is about to embark on its first mission. The sub is operated by Britain’s National Environmental Research Council, which …

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Technology

Converting Heat Into Electricity

By Ytech on Monday, March 13, 2017

Humankind wastes a lot of energy, but thanks to new technologies, it is increasingly affordable to harvest and use it. At a recent energy summit in Washington, one of the participating commercial firms exhibited photovoltaic cells that turn waste heat …

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Economy

Intel to Buy Israeli Technology Firm Mobileye for $15B

By Yeco on Monday, March 13, 2017

U.S. chipmaker Intel agreed to buy driverless technology firm Mobileye for $15.3 billion on Monday, positioning itself for a dominant role in the autonomous-driving sector after missing the market for mobile phones. The $63.54 per share cash deal is the …

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Economy

Vietnam to Test Trump on Signing Solo Trade Pacts

By Yeco on Monday, March 13, 2017

Vietnam will test U.S. President Donald Trump’s openness to one-on-one trade deals as it starts nudging Washington for an eventual agreement to replace its role in the defunct Trans Pacific Partnership (TPP). Official media outlets in Vietnam say Prime Minister …

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Science

Scientists Race to Prevent Wipeout of World’s Coral Reefs

By Yscien on Monday, March 13, 2017

There were startling colors here just a year ago, a dazzling array of life beneath the waves. Now this Maldivian reef is dead, killed by the stress of rising ocean temperatures. What’s left is a haunting expanse of gray, a …

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