National / International News

VIDEO: Volcano erupts on Cape Verde island

BBC - Mon, 2014-11-24 03:09
A volcano has erupted on the Cape Verde island of Fogo, resulting in the evacuation of hundreds of residents and the closure of a local airport.

Will BT’s move mean cheaper mobile phone calls for all?

BBC - Mon, 2014-11-24 03:09
BT is trying to get ahead of the competition when it comes to the next generation of mobile services.

Ferrari replaces team boss Mattiacci

BBC - Mon, 2014-11-24 03:09
Ferrari replaces team principal Marco Mattiacci after seven months in the role.

Sports Personality list to be named

BBC - Mon, 2014-11-24 03:04
A shortlist of 10 contenders will be announced on Monday for the 2014 BBC Sports Personality of the Year award.

PODCAST: Saying "I do" to a bigger income

Marketplace - American Public Media - Mon, 2014-11-24 03:00

First up, there's news the World Bank is moving away from funding coal projects, according to the bank's president. There will be exceptions made in the poorest places, but observers say the banks' rhetoric is becoming increasingly clear about climate change. More on that. Plus, the rise of single-parent households is a social, cultural, and economic phenomenon. This is at the center of a new study put out by the conservative-leaning American Enterprise Institute, which argues that stronger marriages could help bridge the widening wealth and poverty divide. We look into the challenge of pinning down causes of America's wealth gap. And imagine a country being able to double the size of its economy, using swipes of a tablet or clicks of a mouse. The small Baltic state of Estonia aims to do just that.  

Where in the world are the important financial centers?

Marketplace - American Public Media - Mon, 2014-11-24 03:00
$64

That’s how much the tiny Baltic state of Estonia will charge foreigners to become an “e-resident” of the country. E-residents will be able to open up an Estonian bank account, and even start and run a company in the country. They just won’t be able to live there.

32 percent

A new study by the conservative-leaning American Enterprise Institute says that the rise of single-parent households accounts for a 32 percent growth in family-income inequality between 1979 and 2012. Others point towards the growth in incomes of the “one percent” as a more likely cause for the widening gap.

400 feet

Commercial drone regulations are taking off. As reported by the Wall Street Journal, new federal regulations will require operators to have a license, and will limit commercial drone flights to daylight hours, and below 400 feet.

53 percent

That’s the percentage of respondents who named Shanghai as the leading global financial center by 2019 in a survey conducted by Kinetic Partners. Bloomberg News also reports that among the some 300 finance professionals surveyed, New York was named the world’s most important financial center, overtaking London for the second year in a row.

300 sellers

That’s how many legal marijuana sellers currently exist in Colorado. And just like every other retailer, they’re gearing up for Black Friday, with deals on joints, vape-pen cartridges, and plain old ounces of marijuana. Some have even nicknamed the event “Green Friday.”

'Sophisticated' Regin spyware found

BBC - Mon, 2014-11-24 02:56
An "extremely complex" and "stealthy" spying program has been stealing data from ISPs, energy companies, airlines and research-and-development labs, a security company says.

Labour attacks 'rogue' job agencies

BBC - Mon, 2014-11-24 02:51
The Labour Party says it would introduce a system of licensing to clamp down on "rogue" recruitment agencies, saying some workers' wages are being undercut.

Clydach murderer bids for release

BBC - Mon, 2014-11-24 02:49
A man who beat a mother, her two children and their grandmother to death at their home near Swansea 15 years ago launches a fresh application to get his conviction overturned.

Breached camera site owner seeks job

BBC - Mon, 2014-11-24 02:48
A website containing live links to thousands of baby monitors, web cams and CCTV feeds has shut down.

VIDEO: Kajaki: 'We wanted authenticity'

BBC - Mon, 2014-11-24 02:46
A new film, Kajaki, tells the true story of how a small unit of British soldiers escaped a minefield in Afghanistan

VIDEO: Catch it like Beckham

BBC - Mon, 2014-11-24 02:43
Odell Beckham Jr's stunning one-handed catch for a touchdown for the New York Giants in the NFL sets social media alight.

VIDEO: Google case over web abuse settled

BBC - Mon, 2014-11-24 02:42
Clive Coleman explains the case of a UK businessman who took Google to court over malicious web postings directed at him.

BT and Telefonica in talks over O2

BBC - Mon, 2014-11-24 02:31
Telecoms giant BT is in talks with Telefonica about buying the O2 mobile network from the Spanish firm.

How can a baby survive in a storm drain?

BBC - Mon, 2014-11-24 02:29
A newborn baby is receiving treatment after surviving for up to five days in a drain in Sydney, Australia. How did it manage to keep going?

Navy frigate seizes £36m of cocaine

BBC - Mon, 2014-11-24 02:28
Cocaine worth an estimated £36m is seized by the Royal Navy after a high-speed chase across the Caribbean.

VIDEO: Can live events save TV ratings?

BBC - Mon, 2014-11-24 02:17
For programme makers it is becoming increasingly difficult to generate big ratings on TV but the solution may lie in live television, especially in America, as Tom Brook reports

Police officer praised for rescue

BBC - Mon, 2014-11-24 02:05
A police officer in Orkney is praised for her bravery after going to the aid of a motorist whose car had been hit by a huge wave.

Register to vote for Sports Personality

BBC - Mon, 2014-11-24 02:02
Details of how to register so you can vote online for BBC Sports Personality of the Year on 14 December.

Doubling a country's economy with the click of a mouse

Marketplace - American Public Media - Mon, 2014-11-24 02:00

Imagine a country being able to double the size of its economy, almost at the touch of a button, or the click of a mouse. The tiny Baltic state of Estonia aims to do just that. Next month, Estonia will become the first country in the world to offer foreigners so-called “ e-residency,” which could hugely expand its customer base without increasing the size of its physical population of 1.3 million people.  

Estonia is trying to cash in on what it calls its digital infrastructure. It’s one of the most e-connected places on the planet with almost every home, office, factory and classroom hooked up to the internet, and most government business conducted online; Estonia even uses e-voting in its general elections. 

Now, foreigners will be invited to sign up, pay $64, and become an e-resident of Estonia.

“E-residency is basically a government-guaranteed digital identity,” explains Siret Schutting, Estonia’s e-ambassador. “We are allowing foreigners to acquire what every Estonian already has: a digital signature. This means they can securely sign documents online. It’s legally the same as a handwritten signature.”

You “sign” by using a unique code along with your own smartcard and reader. E-residency won’t give you right to live in Estonia or even to visit the country, but Taavi Kotka of the Ministry for Economic Affairs in the capital Tallinn says it will let you do business there. 

“You can open up a bank account, start a company, run a company, all that stuff," he says. "We’re aiming to sign up 10 million e-residents. That would give a big boost to the Estonian economy. More customers for our banks, for telecom companies ... for everybody.”

Kotka claims e-residency will be totally secure. To qualify, you must supply biometric data — like finger prints — and be vetted. However, Ian Bond, a former British ambassador to neighboring Latvia, is not entirely reassured.

“I would have some concerns about who exactly would be getting e-residency. With Russia on its doorstep, there is a risk of money laundering. There is a risk of exploitation by organized crime. $64 won’t pay for much in-depth vetting,” he says.

Estonia knows all about cyber problems from its mighty neighbor; the country suffered a massive attack from Russian hackers in 2007, apparently because it planned to relocate a Soviet-era war memorial. Estonian government, bank, police and other emergency websites crashed under a bombardment of service denial messages. But the Baltic state weathered the storm and it is now host to NATO’s cyber security headquarters. Estonia reckons that although it is small, it can defend itself — and its residents — in cyberspace.   

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