The black swan theory is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight. The theory was developed by Nassim Nicholas Taleb.
Taiwan’s chief of general staff, Shen Yi-ming, and seven high-level defense officials have died in a helicopter crash Thursday morning in a mountainous region south […]
As of December, the US economy has expanded for a record 126 straight months, the longest time period in the country’s history. In other words, […]
More than 600.000 vacationers were left stranded when the 178-year-old travel company, Thomas Cook, announced Monday, with some of its flights still in the air, […]
Ein Bilanzskandal um GE hat das Zeug, den gesamten Markt für Unternehmensanleihen in Mitleidenschaft zu ziehen. Der Experte Harry Markopolos bezichtigt GE in einer Studie, […]
In Japan it is now allowed to create a pig embryo with a human pancreas and transplant it into the womb of an adult pig, […]
It is the first time in history that two nuclear-armed powers (India and Pakistan) have launched air strikes against each other, while ground forces have […]
The Arctic air temperatures for the past five years (2014-18) have exceeded all previous records since 1900. In 2018 Arctic sea ice remained younger, thinner, […]
Unmittelbar vor Instanbul verläuft unterhalb des Marmara-Meeres die sogenannte Nordanatolische Verwerfungszone. Dort haben sich nach einem Erdbeben im Jahr 1766 die Anatolische Erdplatte im Süden […]
During the second quarter 2018 US-CEOs authorized $436.6 billion of stock buybacks, topping again the record set in 2007. Apple alone announced plans last quarter […]
Facebook Inc. just had the biggest stock-market wipeout in American history. After a disappointing second-quarter earnings report Facebook lost $119.4 billion in market capitalization in […]
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