Donald Trump’s administration is planning to propose by early December tariffs on “all remaining Chinese imports” if an upcoming summit between the president and his Chinese counterpart Xi Jinping does not work out, Bloomberg reported on Monday, a move that if enacted would virtually guarantee pain for companies like Apple that have so far evaded Trump’s masochistic trade war. Continue reading Trump Reportedly Preparing Tariffs on Everything Imported From China, Including Tech
The saffron war of 1374 lasted 14 weeks driven by a notion that the spice could cure plague. It can’t. But people lost their heads over it. It’s not just gold, diamonds, and oil we cherish and plunder. Seemingly benign commodities—whether it’s medicinal tea or stinky fungus—have exerted power over us for centuries. Here’s just a taste of their recent history.
The Nobel Memorial Prize in Economic Sciences is, as with most Nobel prizes, quite a big deal. Past laureates are a who’s who of economics—and starting in 2016, that list could include the inventor of Bitcoin. Assuming, of course, someone works out who that is.