The media plays an important role in democracies. However bias in the media distorts their work. Some tend to have a right-wing agenda with the coverage while other lean towards the left. Some are neutral. A very few are extreme left or right basically spreading lies and fake news on a daily basis confusing the …
Mumbai Maersk is one of the world’s largest container ships owned by Maersk, the Danish shipping giant. Recently the ship was loaded with an astonishing 19,038 Containers at Tanjung Pelepas Port in Malaysia. The ship is on its way to Rotterdam in Europe. According to a news report, the ship beat all previous world records with the loading …
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Tourism is a major industry in most European countries. Millions of tourists flow into the major cities like London, Paris, Barcelona, etc. every year and the numbers only keep growing. Infrastructure in these and other tourist destinations are unable to keep up with the needs of the mass hordes of tourists everyday. A recent article …
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The Fed Funds Rate currently stands at 2.0%. For many years during the global financial crisis the rate stood at 0.25% which is effectively 0%. Then the rate started to slowly go up and was at 1.50% in Dec, 2017. The Fed targets a rate of 3.50% by 2020. Higher rates lead to higher interest rates …
Employment protection laws for labor varies countries countries. Countries with flexible labor laws tend to have vibrant economies and strong economic growth. The US is the classic example of this scenario. Among the major developing countries India has the one of the most rigid labor laws as the following chart shows: Click to enlarge …