Worlds

Mapping The World’s Largest State-Owned Oil Companies

Oil is one of the world’s most important natural resources, playing a critical role in everything from transportation fuels to cosmetics. For this reason, as Visual Capitalist’s Marcus Lu details below, many governments choose to nationalize their supply of oil. This gives them a greater degree of control over their oil reserves as well as access…

3 Ways the Pandemic is Affecting the World’s Barrel Children

By Tiffani Knowles A Christmas barrel is one of the most anticipated items a kid in a developing nation can receive all year. A blue plastic 77-gallon container bursting with new Nike sneakers, Levi jeans, Mattel toys and Kellogg breakfast cereal typically serves as the warmest extension of a mother’s love — considering she lives…

A Third of the World’s Countries Have Restricted Social Media Access Since 2015

Surfshark launches a live tracker to monitor social media censorship around the world. Privacy protection company Surfshark analyzed 185 countries and their social media blocking practices from 2015 to present day, seeking to evaluate the extent of social media censorship. The research shows that 62 out of the 185 analyzed countries blocked or heavily restricted…

Uranium Stocks Soar After World’s Highest-Grade Uranium Mine Suspends Operation Due To COVID

In the past week, we discussed why uranium stocks – which had been left for dead for much of the past decade – could surge in coming months, not only as a result of last week’s compromise version of the annual National Defense Authorization Act, which provides for the military to continue a policy under…

World’s 4th Largest Container Shipping Line Suspends Cargo Bound For South China Ports In Early 2021

Amid widespread reports of infroastructure bottlenecks and traffic jams at various trans-Pacific ports (in addition to the Panama Canal) amid a surge in global trade, CMA-CGM, the world’s fourth-largest container shipping line, has told customers it will not take bookings for cargo due to arrive at ports in southern China over several weeks in early…

World’s First Robotic Kitchen For Consumers Can Whip Up 5,000 Recipes

By Tyler Durden So let’s strategize for a couple of minutes. With restaurants out of style because of the virus pandemic, and remote working pushing city dwellers to suburban areas, Americans have spent a lot of time at home this year – forcing them to prepare their meals. Come to find out, meal prepping takes…

Head Of World’s Largest Sovereign Wealth Fund Forced Out Because His Wife Is Chinese

The deputy governor of the Norwegian central bank, Jon Nicolaisen, announced on Friday he was resigning because his application for renewed security clearance had been rejected because he has a Chinese wife. “The Norwegian Civil Security Clearance Authority informs me that the reason that I will not receive a renewed security clearance is that my…

Mexico Senate Votes in Landslide To Legalize World’s Largest Cannabis Market

By Elias Marat Mexico is hurtling toward legalizing cannabis for a variety of uses, opening up the Latin American country to becoming the largest legal marijuana market in the world. Just days prior to the Thanksgiving holiday in the U.S., Mexico’s Senate approved a bill that would put an end to prohibition measures in a…

World’s First Electrified Wingsuit Reached 186 MPH On First Flight  

BMW has developed a zero-emission, chest-mounted all-electric wingsuit that can soar through the air at nearly 200 mph, roughly twice the speed of the average wingsuit.  The e-wingsuit, built by BMW, has been in development for three years.  Base jumper and wingsuit pilot Peter Salzman, a 33-year-old Austrian, was recently outfitted with the suit and…

Stephen Schwarzman, World’s Biggest Landlord, Says Teachers Shouldn’t Pay Income Taxes

Last week, Deutsche Bank’s strategists sparked widespread outrage and mockery following the German bank’s “modest proposal” to slap those working from home with a 5% tax, as if it was somehow their fault i) they can’t work from an office when their local authorities order them to stay under house arrest, and ii) they worked…

China Leapfrogs US With World’s First 6G Satellite Amid Raging Tech War 

As the US’ tech war with China continues to rage, China has leapfrogged the US in satellite telecommunication technology with the successful launch of the world’s first sixth-generation satellite into space.  The experimental satellite containing advanced telecommunications technology was launched Friday into low Earth orbit from the Taiyuan Satellite Launch Center in China’s northern Shanxi…

“The Worst Isn’t Behind Us” – These Are The World’s Most At-Risk-Of-Insolvency Airlines

It’s no secret by now the worldwide airline industry will lose more than a hundred billion dollars this year because of the virus pandemic that has caused an unprecedented crash of the travel and tourism industry in nearly every country. Unless governments increase financial aid, at least eight major airlines are at risk of bankruptcy.  Using the Z-score…

“This Is Huge”: World’s Biggest IPO Trades 50% Higher In Gray Market After $3 Trillion In Retail Orders

Last week we reported that thanks to what may be the world’s most sophisticated check kiting scheme, Chinese and Hong Kong banks were giving local retail investors a mindblowing 33x margin leverage with which they could then turn around and purchase stock in what is now the world’s largest IPO – China’s fintech Ant Financial,…