From #FOMO to #JOMO
For many, social media can present envy-induced anxiety often referred to as FOMO (Fear of Missing Out). Discover why some are opting out of jam-packed weekends for a quieter experience or JOMO (Joy of Missing Out).
After a long rough patch, Indian aviation is finally taking off, but that burst of growth is now taking a toll on the industry's infrastructure, according to Reuters.
As long-term global average temperatures steadily rise, and international efforts to address them fall short, some scientists and engineers are working on increasingly desperate solutions to the symptoms of global climate change, according to Bloomberg.
According to Reuters, China will soon be dethroned by Japan as the top holder of U.S. government debt. Why? The Chinese central bank has been dipping into its foreign exchange reserves to support the yuan, while its Japanese counterpart has been content to allow the yen to weaken.
Hyundai Merchant Marine Co. and Mediterranean Shipping Co. are the leading contenders to buy the biggest container terminal in Long Beach, Calif., according to the Wall Street Journal, in a joint bid that may bolster the Korean operator’s effort to join a major shipping alliance.
According to CNBC, the European Central Bank (ECB) announced a continuation of the bank's generous asset-buying program on December 12, although a reduced pace of purchases is set to start from April next year.
Reuters reports the U.N. Security Council imposed new sanctions on North Korea on Wednesday aimed at cutting its annual export revenue by a quarter, after Pyongyang carried out its fifth and largest nuclear test so far in September.
A recent report found that the overcapacity that has plagued ocean shipping firms in recent years will only grow wider in the coming years, according to the Wall Street Journal.
The Panama Canal Authority’s chief executive, Jorge L. Quijano, is concerned about anti-trade rhetoric taking center stage in the U.S. election campaign, according to the Wall Street Journal.
China’s renewed export weakness is coinciding with a clampdown on surging home prices and corporate debt, according to Bloomberg, stoking expectations policy makers will allow further yuan depreciation to buffer the economy.
Japan's small firms, many of which are “mom-and-pop” operations, are dying out as their aging owners struggle to find successors, according to Reuters.
Construction of a Chinese-funded electric railway, linking Ethiopia’s capital city of Addis Ababa along its main trading route to neighboring Djibouti, has been completed, according to the Wall Street Journal.
The first shipment of liquefied natural gas (LNG) from the lower 48 U.S. states to China arrived last month, thanks to the recently expanded Panama Canal, reports the Wall Street Journal.
Indian Prime Minister Narendra Modi’s “Make in India” program, designed to bring more high-grade manufacturing to the subcontinent, is facing a labor shortage, according to the Wall Street Journal.
Indian Railways has slashed the cost of transporting iron ore exports for the first time since March of 2012, according to The Economic Times.