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What was the 1970s oil crisis, and are we heading for something worse?
Alicia Garcia Herrero, chief economist for Asia Pacific at Natixis CIB, said while 1970s oil shocks sent prices sky high, they only cut global supply by 5-7%. In contrast, the current crisis affects 20% of the world’s supplies, “dwarfing the 1970s shock”, she said.
What Effect Will AI Have on Construction?
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Car headlights to be reviewed after drivers complain of being ‘blinded’ at night
Katy Austin,Transport correspondent and Lucy Hooker,Business Reporter EPA Criticism from drivers over the dazzle from oncoming headlights has prompted the government to take a closer look at the design of cars and headlamps on UK roads. Drivers say LED headlamps, which are increasingly common in new vehicles, are causing them problems and making it harder…
The fight against foreign developers buying Caribbean beaches
Land ownership in Barbuda is collective, meaning that individual citizens have the right to occupy a plot of land by applying for a lease, but technically, they do not privately own it. Instead, all land is owned communally, and citizens share the collective right to be consulted and to have the final say on major…
The number station sending mystery messages to Iran
It begins with a Farsi-speaking voice scratching out of the static. “Tavajjoh! (Attention!),” he demands three times, before reading a steady stream of numbers: “Six. Four. Zero. Nine. Three. Nine.” Some content could not load. Check your internet connection or browser settings. The ghostly broadcasts have been sent out regularly over long-distance short wave radio…
