BRUSSELS: The European Union on Friday (May 17) adopted powers to punish those outside the bloc who launch cyberattacks that cripple hospitals and banks, sway elections and steal company secrets or funds.EU ministers meeting in Brussels said the 28-nation group would now, for the first time, be able to impose asset freezes and travel bans on individuals, firms and state bodies implicated in such attacks."The Council (of EU countries) established a framework which allows the EU to impose targeted restrictive measures to deter and respond to cyberattacks," it said in a statement.It added that sanctions will be considered if a cyberattack is determined to have had a "significant impact" on its target.The goal is to bolster the security of EU institutions, firms and individuals against what Britain called an increase in the "scale and severity" of cyberattacks globally."This is decisive action to deter future cyberattacks," British Foreign Secretary Jeremy Hunt said after Britain and its … [Read more...] about EU adopts powers to respond to cyberattacks
100 million dollars
AKRON, Ohio — Colin Robertson wonders why he pays federal taxes on the $18,000 a year he makes cleaning carpets, while the tech giant Amazon got a tax rebate. His concerns about a tilted economic playing field recently led Robertson to join the Akron chapter of the Democratic Socialists of America. At a gathering this month, as members discussed Karl Marx and corporate greed over chocolate chip cookies, it was not long before talk turned to income inequality and how the government helps the wealthy avoid taxes. “One of the benefits of taxation is taking it and using it for the collective good,” said Robertson, 25, comparing his minimal income to the roughly $150 billion net worth of Jeff Bezos, Amazon’s chief executive and the world’s richest person. “He could be taxed at 99.9 percent and still have millions left over,” Robertson said, “and I’d be homeless.” It is a topic that several presidential candidates, led by Sens. … [Read more...] about News $0 corporate tax for Amazon, profitable giants sickens US voters
Sometimes called an “artificial sun” for the sheer heat and power it produces, the doughnut-shaped Experimental Advanced Superconducting Tokamak (EAST) that juts out on a spit of land into a lake in eastern Anhui province, has notched up a succession of firsts. Most recently in November, it became the first facility in the world to generate 100 million degrees Celsius – six times as hot as the sun’s core. Such mind-boggling temperatures are crucial to achieving sustainable nuclear fusion reactions, which promise an inexhaustible energy source. EAST’s main reactor stands within a concrete structure, with pipes and cables spread outward like spokes that connect to a jumble of sensors and other equipment encircling the core. A red Chinese flag stands on top of the reactor. “We are hoping to expand international cooperation through this device [EAST] and make Chinese contributions to mankind’s future use of nuclear fusion,” said Song … [Read more...] about China’s quest for clean, limitless energy heats up
BERLIN Reuters) - Facing tough competition from China, the United States and even tiny Luxembourg, Germany is racing to draft new laws and attract private investment to secure a slice of an emerging space market that could be worth US$1 trillion a year by the 2040s.The drive to give Germany a bigger role in space comes as European, Asian and U.S. companies stake out ground in an evolving segment that promises contracts for everything from exploration to mining of outer-space resources.Firms likely to benefit from any future spending rise in Germany include Airbus, which co-owns the maker of Europe's Ariane space rockets, and Bremen-based OHB.The new legislation would limit financial and legal liabilities of private companies should accidents happen in orbit, set standards for space operations and offer incentives for new projects, the German economy ministry told Reuters.The ministry's aerospace and space commissioner, Thomas Jarzombek, could submit the laws to parliament later this … [Read more...] about Fly me to the moon: Germany eyes slice of lucrative space market
Yes, we know HDB flats should be homes first and retirement funds second, and so on. But let’s be honest: Everyone wants to know what the big pay-off could be, besides shelter from the elements. Here’s a look at the numbers.WHICH FLAT TYPE APPRECIATES BEST?To find some answers, we looked at price movements of 3-room, 4-room and 5-room HDB flats over a period of 15 years. Starting with Singapore as a whole, here’s what we found:3-room HDB flats have appreciated by around 69 per cent. The average price of a resale 3-room flat today stands at around S$299,000, up from an average of S$176,800 back in 2004.4-room flats have appreciated by around 78 per cent. The average price of a resale 4-room flat is now around S$425,275, up from around S$238,300 in 2004.5-room flats lag just slightly behind 3-room flats, appreciating by around 68.57 per cent. The typical price today is around S$526,850, up from around S$312,500 on 2004.As such, we can see that 4-room flats show the … [Read more...] about Which type of HDB flat gives the best returns: 3-room, 4-room or 5-room?