Of the 260 million cluster bombs dropped on Laos’s three million people, nearly a third failed to explode. Four decades later, most lay where they fell, claiming hundreds of lives and limbs each year in a country where the GDP per capita is just USD $1,660 — a fraction of the cost of Western-made prostheses.
WARNING: Rare appearance on the *other* side of the camera. And rather early in the morning. I apologise. But anyway, here I am interviewing Kevin Ashton (the guy who coined the term “Internet of Things”) about the history of creativity.
The Transatlantic Trade and Investment Partnership (TTIP) will, if it goes through, have the most far-ranging impact on UK companies since the creation of the European Union. But while the benefits to big business are clear, SMEs seem set to lose out. Continue reading →
Do you have $3650 (£2285) in savings or equity? Congratulations: you’re richer than 50% of people on the planet. If that doesn’t sound like a fortune, it’s because there isn’t all that much to go around. Not when half of the world’s wealth is owned by just 1% of people.
According to the latest global wealth report published by Credit Suisse, even though overall wealth has increased dramatically from $117 trillion in 2000 to $263 trillion today, this is mostly the property of a tiny minority, which owns 48.5% of the globe’s resources. The issue is particularly stark in the UK, which is the only country in the G7 to have seen inequality rise during this century. Continue reading →