World Economy

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Moving Towards Renewable Energy Sources – The Journey So Far

The world uses more energy today than ever before – roughly 575 quadrillion Btu (2015), according to the US Energy Information Agency. Although serious improvements in how we create and store energy mean the resource is cheaper and more accessible than ever, we’re still largely drawing from a finite and quite problematic well. Thankfully, renewable …

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Do you really know the “cost of using” your technology?

It’s not unusual for the younger generations consider their elders, typically of their parents age, as selfish, having emphasised their personal comfort and favouring a society of unrestrained consumption. All of this by destroying precious natural resources and by creating numerous sources of pollution. This can’t be denied, just as one can’t deny an awareness, …

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Container freight rates from Asia to Europe exceed 10.000 USD

During the past year, freight prices have been increasing nonstop and have now hit a record high. Bloomberg has highlighted that the rate to ship a forty-foot container to Rotterdam from Shanghai has jumped by 485% year-on-year, following a 3.1% rise over a week, according to information released by the Drewry World Container Index. The …

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