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Business Finance

The trauma of the European currency crises in the 1990s and the consequences until today

September 2022 marked the 30th anniversary of the Exchange Rate Mechanism crisis, a seismic event which shook the continent and caused a severe recession to spread rapidly across European economies. The crisis also arguably produced the intellectual and political impulse needed to reinforce the ultimate adoption of a single, common currency in the form of […]

Economy Environment

How many people on earth? World population 1800-1938

Historical demography is important for research, but data have been limited to the most advanced countries. This column introduces newly estimated world populations for all polities from 1800 to 1938. Baseline estimates suggest the world population grew by 123%, from just above 1 billion in 1800 to 2.2 billion in 1938. Total population grew in […]

Business Technology

Twitter to charge users to secure accounts via text message

Twitter said on Friday it will allow only paid subscribers to use text messages as a two-factor authentication (2FA) method to secure their accounts. After March 20, “only Twitter Blue subscribers will be able to use text messages as their two-factor authentication method,” the company tweeted. Two-factor authentication, meant to make accounts more secure, requires […]

Business Economy

Lockheed Martin gets U.S. Navy contract worth up to $2 billion

 The U.S. Navy has awarded Lockheed Martin Corp a contract worth up to $2 billion related to hypersonic weapon systems, the defense firm said on Friday, amid a global uptick in demand for arms and ammunitions. Under the contract, Lockheed will integrate the Conventional Prompt Strike (CPS) weapon system on to the navy’s ZUMWALT-class destroyer stealth […]

Technology

U.S. seeks $175,000 fine from SpaceX over failure to submit Starlink data

The Federal Aviation Administration (FAA) on Friday proposed a $175,000 civil penalty against SpaceX for failing to submit some safety data to the agency prior to an August 2022 launch of Starlink satellites. The FAA said SpaceX was required to submit the information, known as launch collision analysis trajectory data, directly to the agency at […]