‘s bull vs bear debate

Tesla sits at a record high. A stock darling of 2020, tripling since October to more than 0 a share.In a bull vs. bear debate, Bloomberg’s Taylor Riggs talks with Cathie Wood, founder, CEO and CIO of Ark Investment Management, and Edward Niedermeyer, author of “Ludicrous: The Unvarnished Story of Tesla Motors”. Wood thinks Tesla […]

Proposals for a new constitution presented to President

Feb 14, 2020 (LBO) – A set of proposals containing facts that should be taking into account when formulating a new Constitution was presented to President Gotabaya Rajapaksa. The proposals on new Constitution compiled by the Yuthukama organisation under the theme ‘proposals to formulate a new Constitution for a strong state ‘  was presented to […]

VIDEO: How to stay calm under pressure

Your favorite athlete closes in for a win; the crowd holds its breath, and at the crucial moment … she misses the shot. That competitor just experienced the phenomenon known as “choking,” where despite months, even years, of practice, a person fails right when it matters most. Why does this happen, and what can we […]

Coronavirus death toll upto 213 : WHO calls it global virus emergency

Jan 31, 2020 (LBO) – The World Health Organization said the virus represents a risk outside of China and is calling it a global virus emergency. The death toll in China had climbed to 213 by Friday with nearly 10,000 infections, according to foreign media reports.   Global outbreak includes 98 cases in 18 countries […]

VIDEO: US Federal Reserve maintains interest rates in first meeting of 2020

Federal Reserve issues FOMC statement Information received since the Federal Open Market Committee met in December indicates that the labor market remains strong and that economic activity has been rising at a moderate rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although household spending has […]

Status of Sri Lankans residing in Wuhan, China

Sri Lanka Embassy in Beijing today, submitted an application to land a Sri Lankan Airlines aircraft in Wuhan city airport to airlift 32 Sri Lankan students including their family members. The Embassy is closely following up with the Foreign Ministry of China and Foreign Affairs Office of the Wuhan Province to expedite the process of […]

| WEF DAVOS 2020

What fiscal and monetary measures are necessary to mitigate an economic downturn in 2020? On the Forum Agenda: Reassessing geopolitical risks Impact of climate change Prioritizing inclusive growth Speakers: Zhu Min, Steven Mnuchin, Olaf Scholz, Kristalina Georgieva, Haruhiko Kuroda, Christine Lagarde (- The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum […]

VIDEO: Is capitalism dying?

Capitalism has been embraced in the West for generations, transforming how societies worked and lived in the process. However its time may be running out, as business and political leaders alike question its relevance in the world we live in today.CNBC’s Timothyna Duncan explains from the World Economic Forum’s annual meeting in Davos, Switzerland.

VIDEO: What is Cloud Computing

Cloud computing is the on-demand delivery of IT resources such as compute, databases, and storage via the Internet with pay-as-you-go pricing. Instead of buying, owning, and maintaining physical data centers and servers, you can access a wide range of technology services on an as-needed basis from a cloud provider. Organizations of every type, size, and […]

‘s Central Park

If you’ve been to New York, you’ve probably visited Central Park. But there’s a part of its story you won’t see. It’s a story that goes back to the 1820s, when that part of New York was largely open countryside. Soon it became home to about 1,600 people. Among them was a predominantly black community […]

VIDEO: Why big tech is getting into finance

In 2019, many large tech firms announced plans to offer financial products and services. WSJ’s Liz Hoffman explains why Google, Apple, and others are offering products that might someday replace your wallet.

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