Criminals from across the globe have long exploited the lucrative business of kidnapping. Estimated to extract $0.5bn to $1.5bn from their victims each year, it is no wonder the appetite for it among criminal gangs is growing. After all, the victim's families, eager to see their loved ones returned safely home, will go to almost... Continue Reading →
Huawei, the telecommunications company that promises to revolutionise connectivity, faces a powerful adversary in the form of the US. Founded in 1987, Huawei has become the dominant player in its field, outcompeting its European 5G rivals. The technology company is also a significant player in the smartphone industry, beating Apple in overall sales, thus jumping... Continue Reading →
Slowly but surely, the digital age has changed many aspects of our lives, from how we interact with people to the way we source information. It is only natural, then, that our means of exchange also undergo rapid change. Physical cash has long been the dominant staple used by many to pay for goods and... Continue Reading →
“Wherever there is great property, there is great inequality,” echoed the words of Adam Smith, the father of modern economics. He could not have been more right at any other time than the present. The world we live in is rift with inequality. On one side we have the prosperous district of Atherton, California, home... Continue Reading →
In spite of criticism over excessive bureaucracy, the EU has undeniably taken the lead over the US in new regulation of big-tech; these ideas will significantly impact the future activities of Silicon Valley’s largest firms. Europe is an increasingly important source of technology revenue; Amazon, Apple, Facebook, and Microsoft each reported a quarter of annual... Continue Reading →
This is the third part of our analysis of Amazon’s rise to 1 trillion. Today, we look at Amazon’s economic power and impact on jobs and wages. When we talk about Amazon we do not just talk about the world’s largest online retailer or the rising star in Washington's lobbying circles. Arguably, Amazon’s impact on... Continue Reading →
