Battle of our wallets and freedom

Paying in cash, like using a payphone or typewriter, is often sniffed in our cashless society, as your pound and penny coins, and notes are treated as inconvenient and dirty products of the past, and wonder who gets left behind? Are we seeing the end of true privacy as the cashless future take-over? You could pay…

League of London’s billionaires

Caroline Knowles delves into London’s plutocrat’s paradise with more resident billionaires than New York, Hong Kong, or Moscow. Far from trickling down, their wealth is burning up the environment and swallowing up the city. Knowles walks the streets of London from the City to suburban Surrey Via Kensington, Notting Hill, Mayfair, and elsewhere. Her walks…

$1 Trillion Crypto Crash

  A $1 trillion crypto crash wipes out the price of Avalanche, Bitcoin, BNB,  Cardano, Ethereum, and Solana. Two main cryptocurrencies Stablecoins from the crypto project Terra have gone into free fall prompting the incident of a Ponzi scheme akin to the collapse of Lehman Brothers which precipitated in 2008 financial crisis. UST created by…

Musk takesover Twitter

Tesla CEO Elon Musk, who owns more than 15 per cent of the company, has sold roughly £6.8bn ($8.5bn) worth of shares in the electric car maker just days after he agreed to buy Twitter, triggering a sharp 20 % fall in Tesla shares wiping out $21bn of the carmaker’ stock market value, earlier this…

Elon Musk offers $41 billion to take Twitter private

Elon Musk on Wednesday night sent a letter to Twitter offering to take the company private for $41 billion, after calling it his “best and final offer”. Twitter’s board of directors met on  Thursday afternoon for a careful review of the proposal. Musk turned down an offer to join the board. The Twitter board of…

Grover’s investment in Beyond Snack reaps 3-fold returns

Ashneer Grover’s investment in Beyond Snacks in Kerala’s banana chips manufacturing firm makes a 3-fold profit. Grover, the co-founder of Bharat Pe,  hailing the achievements of entrepreneur Manas Madhu said “It was heartening to see a threefold rise in profit growth of Beyond Snacks in six months”. Beyond snacks manufactures banana chips in different flavours.…

Servant of Tycoons

“Londongrad” is a phenomenon brought to the fore by Vladimir Putin’s savage attack on Ukraine, with Britain’s Liz Truss slamming the Oligarchs and their associates on the floor of the House of Commons. The British establishment and its financial system provide for dirty money from the post-Soviet era and elsewhere may be seen as an…

BBC Centinary

  BBC at 100, grew bigger, with the expansion of the boundaries of good taste and sound judgement, pandering to the masses, sometimes out of touch. In 2022, when the BBC celebrates its centenary, its future lies in doubt. Media historian, David Hendy’s tale of creative endeavour and technological innovation, beset by a constant tension…

Cost of living to go up!

Pictures R Nair Chancellor Rishi Sunak is in talks with Bank of England to head off the “cost of living cataclysm” as interest rates lift to 0.5%, from 0.1 per cent in December. Higher interest rates make borrowing more expensive, higher mortgage costs, higher gas bills and harder choices during grocery shopping. Some lenders raised…