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Daily Archives: May 21, 2015

See the New $362,000 Rolls-Royce Wraith, ‘Inspired by Fashion’

Rolls-Royce has unveiled the latest of its customized cars, the $362,000 Wraith “Inspired by Fashion.” The V-12 coupe premiered as part of a special scholarship program conducted by Rolls and the Pratt Institute, which will allow the automaker access to the fashion industry without shelling out millions for mass exposure by buying title sponsorships for global fashion weeks. In …

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Meeting Held with Farmers in Frames of Agriculture Support Project

An informative meeting with farmers was held in the Saguramo-Mukhrani service center of the Georgian Amelioration company. The meeting was held in frames of the communication campaign for the Agriculture Support Project (ASP) of the International Fund for Agricultural Development (IFAD). The meeting informed farmers about effective management of soil …

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The 20 highest-paid sports teams in the world

The Los Angeles Dodgers were the highest-paid team in U.S. sports in 2014 with players making an average of $8 million in salary, according to the folks at Sporting Intelligence. However, the Dodgers were not the highest-paid team in the world. Soccer club Paris Saint-Germain of France’s Ligue 1 is the …

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What is Happening in the Global Oil Market?

What is Happening in the Global Oil Market?

Oil prices went from over $110 per barrel in mid-2014 to below $50/b at the beginning of this year. Collapsing prices have hurt oil exporting countries while giving an economic boost to the consumers of energy. These direct consequences have been felt for a while. And now that oil prices …

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LG Display Unveils Super-thin OLED TV You Can Stick to a Wall

LG Display

LG Display has unveiled an extremely thin and light OLED display prototype, paving the way for a new generation of super-thin TVs. The new OLED panel measures 55 inches diagonally. It weighs 4.2 pounds and is only 0.97mm (0.04 inches) thick. Best of all — you can simply stick it …

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How Has International Banking Changed Since the Financial Crisis?

How Has International Banking Changed Since the Financial Crisis?

Three facts summarise the changes in international banking since the Global Crisis. Cross-border bank lending – that is, direct lending to non-affiliated entities abroad – has fallen relatively to local lending through subsidiaries or branches of foreign banks – for example, a loan of a subsidiary of a foreign bank …

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People: Meet Size-22 Supermodel Tess Holliday!

People: Meet Size-22 Supermodel Tess Holliday!

Tess Holliday is a size-22 social media star who’s taken the fashion world by storm. Ever since becoming the first size-22 model to sign with a major agency back in January, Tess Holliday’s life has been a whirlwind – but she doesn’t mind one bit. “My phone still hasn’t stopped ringing,” …

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Glamorous Photos From the Cannes Film Festival

For 11 days in May, much of Hollywood flocks to Cannes, France, for the annual film festival. Celebrities and models attend red carpet movie premieres, where hundreds of paparazzi await their arrival. Charlize Theron worked the red carpet at the premiere of “Mad Max: Fury Road,” as boyfriend Sean Penn …

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Record Fines for Currency Market Fix

Five of the world’s largest banks are to pay fines totalling $5.7bn (£3.6bn) for charges including manipulating the foreign exchange market. Four of the banks – JPMorgan, Barclays, Citigroup and RBS – have agreed to plead guilty to US criminal charges. The fifth, UBS, will plead guilty to rigging benchmark …

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