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.
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 […]
Boris Johnson has resigned as foreign secretary, claiming that the UK was headed „for the status of a colony“ if Theresa May’s soft Brexit plans […]
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