Category: Business / Finance

Viewpoint: Decline in global poverty is a farce perpetuated by World Bank’s Poverty Line

The real problem with the World Bank’s poverty estimates is that its International Poverty Line is set at an impossibly low level, which greatly underestimates world poverty. World Bank Headquarters, Washington DC. Photo: WB site By Prabhat Patnaik* There is much self-congratulatory back-slapping among governments, World Bank officials and many […]

New Honda City 2020 brings driving excellence to India

By Chitwan Sharma NEW DELHI: Introduced back in 1998 The Honda City has been a crowd favorite ever since. It is in fact the most popular mid-size sedan in India. Over the years the city has undergone a series of growth to stay up-to-date for the Indian market. A total […]

‘Compassionate capitalism’ – Infosys flies staff & families to Hyderabad from Melbourne

Photo- Twitter, @nanjappa_bs By SAT News Desk MELBOURNE, 16 July 2020: The Indian technology giant Infosys recently flew its staff and their families from Melbourne via Singapore to Hyderabad by a charter flight. In a Tweet, Infosys boss Nandan Ninikani called it ‘Infosys: compassionate capitalism at work!’. Similar flights from […]

ECONOMY: Revert to full employment to overcome neoliberalism and COVID-19 Jobs crisis

https://www.youtube.com/watch?time_continue=19&v=FhBBPi1OACU&feature=emb_logo Economist Robert Pollin advocates a macroeconomic agenda centered on full employment to deal with the rapidly unfolding jobs crisis. By Lynn Fries/GPEnewsdocs Economist Robert Pollin advocates a macroeconomic agenda centered on full employment to deal with the rapidly unfolding jobs crisis. The decades-long neoliberal attack on the working class […]

TECHNOLOGY: Apple is trying to reclaim its major innovator status (by making you wash your hands)

Photo: Apple By Margarietha de Villiers Scheepers, Senior Lecturer Entrepreneurship and InnovationUniversity of the Sunshine Coast & Martie-Louise Verreynne Professor in Innovation and Deputy Pro Vice-Chancellor, RMIT University Market commentators view Apple’s announcements at this week’s Worldwide Developers Conference 2020 (WWDC) as one of the company’s most important strategic moves […]