The Army is regretting a $11 million marketing deal with the United Football League and Dwayne “The Rock” Johnson, which failed to bring in any new recruits and might have even hurt enlistment efforts. Despite big promises, Johnson didn’t deliver the expected social media posts, and the league’s poor performance
The European Central Bank (ECB) is designing the digital euro to be one of the most private electronic payment options available, with plans for a rollout by 2025. Despite strong privacy assurances, concerns persist about whether the ECB can truly prevent government surveillance. While the digital euro aims to minimize
Russian lawmakers have just approved a groundbreaking law that allows businesses to use Bitcoin and other cryptocurrencies for international trade, aiming to sidestep Western sanctions imposed after the Ukraine invasion. Set to take effect in September, this move is designed to solve payment delays with major trade partners like China,
Delta Air Lines faced a colossal $500 million hit due to a major IT outage earlier this month that stranded thousands of passengers. The outage, caused by a flawed software update from CrowdStrike, led to the cancellation of over 4,000 flights and massive daily costs for compensation and hotels. The
In Europe, work hours vary dramatically, with the Balkans clocking the longest hours on average. Türkiye leads with 44 hours a week, followed by Serbia and Bosnia & Herzegovina. In contrast, Western European countries like the Netherlands work significantly fewer hours, averaging just 32 hours a week. The survey also
In 2024, nine of the world’s ten busiest ports are in Asia, highlighting a major shift in global trade. Once, most Asian exports went beyond the region, but now about 60% stay within Asia. This change is driven by deeper regional integration and supply chain shifts. China, with seven of
India’s Enforcement Directorate (ED) has taken a giant leap in battling cryptocurrency fraud. Following a high-profile scam linked to the gaming app E-Nuggets, the ED, grappling with the complexities of seizing digital assets, created its own cryptocurrency wallet. This strategic shift allows them to securely manage and control nearly $12
In California, reaching the top 1% of earners now requires an income of over $1 million a year, a dramatic increase from previous years. While the West Coast was expected to have the highest thresholds, surprising states like Connecticut and Massachusetts top the list. Despite the high costs of living
Zambia’s copper mining industry is on the brink of a major transformation thanks to groundbreaking AI technology that has uncovered massive new copper deposits. This discovery, led by KoBold Metals, could make Zambia a key player in the global surge for copper, vital for electric vehicles and renewable energy. With
