This Is The Most Educated Metro In America

How much does education matter in America? The U.S. government and researchers tend to look at education in tiers. At the lowest level are those who did graduate from high school, followed by those who did, then those with some college education, and then those with a bachelor’s degree. The reason for these tiers is […]

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Government sets up ‘bad bank’ to clear the NPA mess

Cabinet approves ₹30,600 crore guarantee programme. Paving the way for a major clean-up of bad loans in the banking system, the Cabinet on Wednesday cleared a ₹30,600-crore guarantee programme for securities to be issued by the newly incorporated ‘bad bank’ for taking over and resolving non-performing assets (NPAs) amounting to ₹2 lakh crore. The Reserve […]

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UK Inflation Fastest Since 2012

UK consumer price inflation accelerated at a record pace in August, hitting the highest rate since 2012, data from the Office for National Statistics showed Wednesday. The consumer price index rose 3.2 percent year-on-year following a 2.0 percent climb in July. Economists had forecast 2.9 percent inflation and also remained well above the 2 percent […]

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Swiss GDP Recovers In Q2

Switzerland’s economy expanded in the second quarter as the relaxation of COVID related measures helped to recover from two straight quarters of contraction, data published by the State Secretariat for Economic Affairs, or SECO, revealed Thursday. Gross domestic economy grew 1.8 percent sequentially, reversing a 0.4 percent fall in the first quarter and a 0.1 […]

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The world is still short of everything. Get used to it

Like most people in the developed world, Kirsten Gjesdal had long taken for granted her ability to order whatever she needs and then watch the goods arrive, without any thought about the factories, container ships and trucks involved in delivery. Not anymore. Inventor Eric Poses has seen international shipping costs for his board games soar, […]

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