Samsung, world No.1 in memory chip sales

  Samsung to displace Intel Corp from the No. 1 spot in Semiconductor sales. Samsung Electronics reports record quarterly profit on the back of sales of memory chips and display panels for the quarter ending in June 2017.  The Korean Electronics giant have overtaken Intel as the largest chipmaker thanks to neverending de3amnd for chips…

Money mesmerises and mystifies

The world of money is making people go round, as households and organisations have to deal with everchanging economies and payment systems like bitcoin and Applepay. You may ask what is money and how dow we make any sense of it? Three eminent Sociologists Nina Bandelj, Frederick Wherry and Viviana Zelizer, edited Money Talks, and…

JK Rowling’s £2.5bn empire

JK Rowling is the highest-earning author in the world according to  US business magazine Forbes. The Harry Potter writer amassed  £170m  ( $300m) last year after she wrote her first best-selling books about the boy wizard in 1997. She beat the literature’s next biggest earner, James Patterson, of Along Came A Spider fame by six…

Volvo stops making diesel and petrol cars

The Swedish firm Volvo would switch to electric for all models and would not rely on an internal combustion engine by 2019. Yesterday’s UK car sales of diesels figures showed a 15 per cent drop, following stern warnings about air pollution deaths and costly levies. There was also upward sales surge of electric and hybrid…

Ambulance blocked by flock of lions

A thirty-two-year-old woman gave birth to a baby boy, around 2:30 am on June 129th 2017, in an ambulance, surrounded by 12 lions including three males from adjacent forest, who created an impromptu road block. Lions appear to stage a road block after their kill and were too full and too lazy to move off…

181 high-rise buildings from 51 local authorities fail fire safety tests

Serious concerns were being raised over efficiency of checks after it emerged insulation beneath the cladding was never tested for fire safety, as 181 high-rise buildings in 51 local authorities have failed fire safety tests in the wake of the Grenfell Tower fire. Cladding samples tested as part of a “major national investigation” into the…

The Austerity vs Stimulus deabte

 Austerity vs Stimulus is a collection of new and old essays complied by economic historians seeking to provide alternative answers by clarifying and balancing the arguments from both sides. Germany is rock of stability and serenity compared to Italy’ stagnation, France’s morosity,  Britain’s self-exclusion from European Union, Poland’s drift from the rule of law, in…