report
Many people in small societies across the world are very happy with their lives despite having very little income, according to a new study. Even though previous research, including the World Happiness Report, suggest that economic growth (essentially more money) is a fail-safe way of increasing the well-being of societies, the Institute of Environmental Science and Technology of the Universitat Autònoma de Barcelona (ICTA-UAB) teamed up with McGill University in Canada to challenge this view. The researchers studied small-scale societies, including Indigenous peoples, saying that previous stu...
Euronews (English)
The United Nations has issued its predictions for 2024, saying there will be increasing climate disasters, high food prices and more extreme weather. The flagship annual report looks at how the world's economies are likely to do this year. This year's lays out how the climate crisis, as the report calls it, is exacerbating an already gloomy economic outlook. “The unfolding climate crisis and extreme weather events will undermine agricultural output and tourism, while geopolitical instability will continue to adversely impact several subregions … especially the Sahel and North Africa,” the Worl...
Euronews (English)
Washington (AFP) - US lawmakers accused regulators Tuesday of failing to do enough to prevent the collapse of Silicon Valley Bank earlier this month, despite knowing it was over-exposed to the risk of rising interest rates. The Senate Banking Committee grilled senior Federal Reserve, Treasury and Federal Deposit Insurance Corporation (FDIC) officials about their inability to prevent the collapse of the Californian lender on March 10. Fed vice chair for supervision Michael Barr said SVB failed "because the bank's management did not effectively manage its interest rate and liquidity risk," calli...
AFP
Washington (AFP) - Much of the detail on Donald Trump's alleged misconduct aired Monday by the panel probing the 2021 US Capitol insurrection had already been made public. But a summary of the upcoming report on the congressional committee's findings was full of tidbits that had not come out before. Here are five takeaways from the 154-page document. Trump was the 'central' cause of the violence"(The) evidence has led to an overriding and straightforward conclusion: the central cause of January 6th was one man, former president Donald Trump, who many others followed," the summary reads. "None...
AFP
Washington (AFP) - Russia is orchestrating a multi-front offensive involving up to 175,000 troops as soon as next year, The Washington Post reported Friday, as Ukraine warned that a large-scale attack may be planned for next month. Moscow's plans "involve extensive movement of 100 battalion tactical groups with an estimated 175,000 personnel, along with armor, artillery and equipment," a US administration official told the Post on condition of anonymity. While the Pentagon told AFP it would not comment on intelligence matters, it said it was "deeply concerned by evidence that Russia has made p...
AFP
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