China Passes Greece as Top Shipowning Nation by One Key Metric
China surpassed Greece as the world’s largest shipowner for the first time in one important metric, cementing its
2023-08-14 21:15
Drake tells fans to not throw bras on stage at concert for sweet reason
Drake was forced to warn fans not to throw bras on stage at his LA concert over the weekend, as his five-year-old son, Adonis, was in attendance. The rapper usually encourages lingerie being hurled at him during his concerts, however, he was keeping it kid-friendly as it was the youngster's first time seeing him perform. "I can't talk about t****** tonight in LA," he warned the crowd. "Keep your bras on". Sign up to our new free Indy100 weekly newsletter
2023-08-14 20:47
India Inflation Breaches RBI Target in July as Food Costs Jump
Retail inflation in July breached the Reserve Bank of India’s tolerance level for the first time in five
2023-08-14 20:23
Experts have pinpointed exactly when society will collapse
A prediction about when society is most likely to collapse, made by scientists in the 1970s, has resurfaced – and it looks pretty bleak. Scientists at the Massachusetts Institute of Technology (MIT) used a computer to model patterns like population, natural resources and energy usage. The study, published by Club of Rome, picked out when these factors could hit “limits to growth”, which they said could lead to the downfall of modern life as we know it. They think we’ve got fewer than two decades left, with collapse due in 2040. Gulp. Sign up to our free Indy100 weekly newsletter At the time, the report wasn’t given much credence. But a similar study was carried out in 2009, and came up with similar results. Published by American Scientist, the more recent study found that the model’s results were “almost exactly on course”. "It is important to recognise that its predictions have not been invalidated and in fact seem quite on target. We are not aware of any model made by economists that is as accurate over such a long time span," the study said. And to make matters worse, Dutch sustainability researcher Gaya Herrington concurred with the prediction in 2021. Speaking to The Guardian, Herrington said: “From a research perspective, I felt a data check of a decades-old model against empirical observations would be an interesting exercise.” Herrington found that data aligned with the predictions made back in 1972, which had a worse case scenario of economic growth coming to halt at the end of this decade, and collapse around 10 years later. Thankfully, there was a reason to be cheerful too. She added: “The key finding of my study is that we still have a choice to align with a scenario that does not end in collapse. "With innovation in business, along with new developments by governments and civil society, continuing to update the model provides another perspective on the challenges and opportunities we have to create a more sustainable world.” Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-08-14 19:27
Sasol Slumps as It Flags Profit Hit From S. Africa Snarl-Ups
Sasol Ltd. shares dropped the most in five months after the fuels and chemicals producer said the poor
2023-08-14 19:21
Meloni Takes Ownership of Banks Levy That Showed Populist Bent
Giorgia Meloni assumed full responsibility for last week’s surprise decision to impose a 40% tax on Italian banks’
2023-08-14 18:58
Argentina’s Dollar Bonds Plunge on Populist’s Election Upset
Argentine dollar bonds fell sharply on Monday after a populist who vowed to burn down the central bank
2023-08-14 18:52
Country Garden Aims to Extend Maturing Bond in First Amid Crisis
Country Garden Holdings Co. is seeking to extend a maturing bond for the first time ever and halted
2023-08-14 18:30
Bankman-Fried heads to Brooklyn jail notorious for poor conditions
By Luc Cohen NEW YORK Sam Bankman-Fried will prepare for his fraud trial from a Brooklyn jail where
2023-08-14 18:18
Italy’s Mount Etna Eruption Forces Closure of Catania Airport
Mount Etna, one of world’s most active volcanoes, started erupting on Sunday forcing a suspension of flights at
2023-08-14 17:49
Singapore Warns of ‘Unpredictable’ Risks Amid US-China Tensions
Singapore’s prime minister-in-waiting called for the global economy to be “prepared for the unpredictable,” amid strained relations between
2023-08-14 17:21
IPhone Maker Hon Hai Cuts Outlook as Electronics Demand Weakens
Hon Hai Precision Industry Co. now expects 2023 sales to fall after previously forecasting flat revenue, sounding a
2023-08-14 16:46
