Global Economic Curve Approaches Nosedive: World Bank Warns of a “Lost Decade”
The t global economy may soon grind to a halt if bold policy shifts are not implemented quickly, the World Bank warns. The World Bank has released a report predicting that, if left unchecked, economic growth and poverty reduction improvements that have taken place since the 1990s will soon begin to reverse. This could lead […]
Credit Suisse Executive Established a Pro-Beijing Political Party in Hong Kong
Credit Suisse is no more. On March 19, 2023, after a slump in shares and bonds, it was announced that the 167-year-old Swiss bank would be sold to its competitor UBS. Many blamed Credit Suisse’s collapse on a loss of investor confidence due the recent failures of Silicon Valley Bank and Signature Bank in the […]
Amid Threats from China, Taiwan President Visits United States
As U.S-China relations reach their lowest point in a decade, Taiwan’s President Tsai Ing-wen, who’s on her way to Central America, has stopped in New York to reportedly meet with U.S. House Speaker Kevin McCarthy. According to Reuters, before departing Taiwan, Tsai said that she will not succumb to external pressure and would not deter […]
The Birth of A Very Distant Cluster of Galaxies from the Early Universe
Galaxy clusters, as the name suggests, host a large number of galaxies — sometimes even thousands. They also contain a vast “intracluster medium” (ICM) of gas that permeates the space between the galaxies in the cluster. This gas in fact considerably outweighs the galaxies themselves. Much of the physics of galaxy clusters is well understood; […]
European Banks’ Shares Tank As Leaders Downplay Bank Risks
Fear of a banking crisis looms in Europe as Germany’s largest bank, Deutsche Bank, shares tumbled by 14% on March 24. This contributed to investor nervousness after a series of failures from US banks and the emergency rescue of Credit Suisse this week. The industry sent Deutsche Bank’s shares slumping the most in the last […]
Growing Political Tensions Affect Chinese Scientists in The UK
Many western countries are limiting China’s activities amid growing tension. The UK Foreign Office rejected a record number of academics in 2022, considerably more than recorded in the past years. The rejection of applications was based on national security grounds. Most rejected applications are from scientists and postgraduate students who have been or want to […]
Across the Universe: Hubble Ultra Deep Field
The Hubble (Hubble Space Telescope) Ultra Deep Field (HUDF) peers deeper into the universe than any previous visible-light image. Multiple observations of the same small patch of sky were combined for an equivalent exposure time of more than 11 days. Revealed within the image are thousands of galaxies located many billions of light-years away. Many […]
US Congress Exposes TikTok Generational Harm
U.S. lawmakers put extensive pressure on social media platform, TikTok, in a hearing on Thursday, March 23 2023 with Shou Chew, the platform’s CEO. Chew was questioned on multiple aspects of the platform, including the company’s ties with China and other security concerns. The Chinese social media company has been at the brunt of a […]
The Ruins of Paradise on Earth – The Old Summer Palace
Over the course of two days in October 1860, around 5,000 British and French soldiers took part in what has been described as the greatest act of cultural vandalism in modern Chinese history — the pillaging and destroying of The Old Summer Palace near Beijing. More accurately, the site was known for its garden, or […]
The Ruins of Paradise on Earth
Over the course of two days in October 1860, around 5,000 British and French soldiers took part in what has been described as the greatest act of cultural vandalism in modern Chinese history — the pillaging and destroying of The Old Summer Palace near Beijing. More accurately, the site was known for its garden, or […]