Soaring debt pushing wealthy nations to ‘fiscal death’ – economist

Major economies that fail to address their mounting debt issues will die a “fiscal death,” the head of investment and wealth advisory Laffer Tengler Investments, Arthur Laffer, has warned. In an interview with CNBC this week, he predicted a “decade of debt,” adding that the borrowing crisis has embraced both developed and emerging countries, and…

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North Korea rejects US criticism of failed satellite launch

The logic applied by Washington towards Pyongyang is “gangster-like,” Kim Jong-un’s sister says The US is in no position to condemn North Korea for trying to launch a satellite, having sent thousands into orbit itself, the influential sister of leader Kim Jong-un said on Thursday. Pyongyang will soon launch its first-ever reconnaissance spacecraft, Kim Yo-jong…

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Scientists make grave Himalayan glacier prediction

Ice melting could have profound consequences for millions of people in the region, a report has warned Some of the world’s best-known mountain ranges may soon be unrecognizable due to the ravages of climate change, after scientists warned in a report that Himalayan glaciers could lose up to 75% of their ice by the turn…

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