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.
The Cumbre Vieja volcano in La Palma, one of Spain’s Canary Islands, erupted two month ago. The lava has destroyed 1.134 hectares and has already […]
USA is in danger of a government default if the Congress won’t raise the debt ceiling till mid of October. The $1 trillion coin solution […]
A microscopic worm-like creature survived for at least 24,000 years in Siberian permafrost and then reproduce. Scientists dug up the animal known as a bdelloid […]
The COVID-19 crisis is one of the worst health emergencies the world has witnessed for a century, and its economic impact could be just as […]
Last month 22 million Americans applied for unemployment benefits — easily the worst stretch of U.S. job losses on record. The losses translate to about […]
The World Health Organisation (WHO) has put scientists and health workers around the globe on alert for a new and potentially deadly pathogen – Disease […]
Wuhan’s streets are deserted apart from ambulances and security personnel as the city’s 11 million people are confined to their homes. Doctors and nurses arrive […]
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, […]
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