Crops and flowers rely on them for survival, but wild bees are declining – and crucial nutrients will go missing from our diets as a result There are few ways in and out of Nepal’s Jumla district. The Karnali highway, considered one of the world’s most dangerous roads, provides the only land link, splicing through the Himalayas to connect Jumla’s terraced valleys to the rest of the country. As suc...
Crops and flowers rely on them for survival, but wild bees are declining – and crucial nutrients will go missing from our diets as a result There are few ways in and out of Nepal’s Jumla district. The Karnali highway, considered one of the world’s most dangerous roads, provides the only land link, splicing through the Himalayas to connect Jumla’s terraced valleys to the rest of the country. As such, the 120,000 people that live there are almost entirely self-sufficient, with most of them eating and selling what they grow. It’s a tenuous existence, plagued by food insecurity and malnutrition. In recent years, local beekeepers have bemoaned languishing hives and dwindling honey production, observing that roughly half of their bees seem to have vanished over the past decade. These concerns, however, ignore an even more insidious impact. Continue reading...
Microsoft co-founder to appear in closed-door session as part of lawmakers’ investigation into convicted sex offender Bill Gates is set to testify in front of the House committee on oversight and reform on Wednesday as part of the panel’s investigation into the convicted sex offender Jeffrey Epstein. The Microsoft co-founder will appear in a closed-door session, where lawmakers are expected to que...
Microsoft co-founder to appear in closed-door session as part of lawmakers’ investigation into convicted sex offender Bill Gates is set to testify in front of the House committee on oversight and reform on Wednesday as part of the panel’s investigation into the convicted sex offender Jeffrey Epstein. The Microsoft co-founder will appear in a closed-door session, where lawmakers are expected to question him about his past relationship with Epstein. A transcript of the interview is expected to be released at a later date. Continue reading...
Our roadmap has been shaped by experts across the world, from UN agencies to grassroots movements. We call on political leaders at all levels to use it We live in an age of manufactured scarcity. In a world richer than ever before, roughly one 10th of the world’s population still lives in extreme destitution . Millions of people cannot afford enough food, proper housing or basic healthcare, while ...
Our roadmap has been shaped by experts across the world, from UN agencies to grassroots movements. We call on political leaders at all levels to use it We live in an age of manufactured scarcity. In a world richer than ever before, roughly one 10th of the world’s population still lives in extreme destitution . Millions of people cannot afford enough food, proper housing or basic healthcare, while a tiny minority accumulates unprecedented wealth and power. At the same time, droughts, megafires, floods and heatwaves remind us that our economies are pushing the planet beyond its limits. These are not separate crises. They are symptoms of an economic model that has reached the end of the road. Poverty and inequality are not accidents; they are predictable outcomes of policy choices: how we design tax systems, regulate labour markets, value care, structure public services and decide whose needs and whose voices matter. Crucially, if governments can manufacture poverty, they can also dismantle it. Olivier De Schutter is the chair of New Economies for Eradicating Poverty; Joseph Stiglitz is a Nobel laureate in economics; Jayati Ghosh is professor of economics at University of Massachusetts Amherst; Thomas Piketty is professor of economics at the Paris School of Economics; Kate Raworth is an economist at Oxford University’s Environmental Change Institute; Jason Hickel is the author of The Divide: A Brief Guide to Global Inequality and its Solutions Continue reading...
A young woman begins a career in the adult industry while, 30 years later, her friend tries to find out what happened to her, in an addictive, twist-filled story Just as there is a lack of pornography made by women, there is a lack of books about making pornography written by women. Recent nonfiction titles such as Polly Barton’s Porn: An Oral History and Fiona Vera-Gray’s Women on Porn have sough...
A young woman begins a career in the adult industry while, 30 years later, her friend tries to find out what happened to her, in an addictive, twist-filled story Just as there is a lack of pornography made by women, there is a lack of books about making pornography written by women. Recent nonfiction titles such as Polly Barton’s Porn: An Oral History and Fiona Vera-Gray’s Women on Porn have sought to address the silence and moral confusion, while Rufi Thorpe’s novel Margo’s Got Money Troubles imagined a student mum paying her way with OnlyFans. Now Allie Rowbottom, author of a memoir, Jell-O Girls, and a novel, Aesthetica, braves the dicey terrain in her sleazy, cinematic second novel. Published into a contemporary landscape where algorithms promote increasingly extreme content, Lovers XXX takes us to the so-called golden age of the Los Angeles porn industry, through the eyes of two teenage runaways who trade troubled homes for big-city dreams. Continue reading...
The Ministry of Finance announced on Wednesday that it plans to issue 15 billion yuan (US$2.2 billion) worth of sovereign bonds in Hong Kong next week, marking its third issuance this year and strengthening the city’s role as the world’s largest offshore yuan trading hub. Analysts expected the issuance to be popular because the yuan had been appreciating against other currencies and many internati...
The Ministry of Finance announced on Wednesday that it plans to issue 15 billion yuan (US$2.2 billion) worth of sovereign bonds in Hong Kong next week, marking its third issuance this year and strengthening the city’s role as the world’s largest offshore yuan trading hub. Analysts expected the issuance to be popular because the yuan had been appreciating against other currencies and many international investors were seeking to diversify their portfolios amid geopolitical tensions. The bonds,...
Morgan Stanley Chief European Equity Strategist Marina Zavolock discusses the artificial intelligence trade and why she has a strong personal conviction on Europe. "The fundamentals are just outstanding, and they're just going higher," she tells Bloomberg Television. (Source: Bloomberg)
Morgan Stanley Chief European Equity Strategist Marina Zavolock discusses the artificial intelligence trade and why she has a strong personal conviction on Europe. "The fundamentals are just outstanding, and they're just going higher," she tells Bloomberg Television. (Source: Bloomberg)
SpaceX is set to launch its initial public offering (IPO) on June 12, and its public debut is poised to make history. The company plans to sell 555,555,555 shares at a fixed price of $135 per share, raising $75 billion in capital. At that valuation, the space-tech company will have a market capitalization of roughly $1.77 trillion -- making it by far the biggest IPO in history. SpaceX published it...
SpaceX is set to launch its initial public offering (IPO) on June 12, and its public debut is poised to make history. The company plans to sell 555,555,555 shares at a fixed price of $135 per share, raising $75 billion in capital. At that valuation, the space-tech company will have a market capitalization of roughly $1.77 trillion -- making it by far the biggest IPO in history. SpaceX published its IPO prospectus on May 20, giving investors a detailed look into the company's financials, growth initiatives, and risk outlook. For example, the document shows that SpaceX recorded $18.7 billion in revenue last year and posted a net loss of $4.9 billion in the period. Notably, the document also includes a shocking performance-based incentive that could see CEO Elon Musk awarded 1 billion shares of SpaceX stock. Image source: Getty Images. Continue reading