Yes, it’s not only the US that has a sub-prime mortgage market. In the UK, house prices have risen steeply in recent years, mainly due to mass immigration, more single households and buy to rent companies snapping up swathes of new house building. The prices have become so unaffordable, even for a basic apartment, that [...]

When the CD standard was developed in the 1970’s and 1980’s, the recording quality was fixed at a sampling rate of 44.1khz at 16 bit resolution. This was a compromise set due to the limitations of computer chips at the time. Recording studios would record music at 48khz at 24 bit or higher, this would [...]

Software giant Microsoft is planning to buy part of the social network site Facebook in an attempt to ramp up competition against Google. The Wall Street Journal says that the revenue from online advertising generated by Mark Zuckerberg’s company is attractive to Microsoft and will increase market share. Google has also expressed interest in Facebook, [...]

Companies in Brazil are poised to expand ethanol producing activities following successful money raising from Investment banks in London. Clean energy Brazil aims to turn the country into a energy supplying version of Saudi Arabia.
Ethanol, an alternative to oil refined fuel is produced from sugar cane, and could power much of the world’s transportation, however environmentalists [...]

BP shares were down again as CEO Tony Hayward warned of dreadful results to come for the oil behemoth. With oil reserves running down on all analysts data, is it really not time that companies such as BP who have taken huge profits to the bank in the past, invested in new energy science?
Just as [...]

President Mahmoud Ahmadinejad gave stirring repostes to attempts to ridicule his government’s policies at a public meeting held at Columbia University yesterday. An opening salvo by Lee Bollinger, president, who issued the invitation, was rebuffed and ridiculed in turn by Ahmadinejad.
When asked about rights for gays in Iran, he replied that we don’t have homosexuals in [...]