Monthly Archives: August 2022

The UK’s £5B Project Gigabit gives out first contract to connect rural areas to high-speed broadband

The first major subsidy contract under the U.K. Government’s £5 billion ($5.9 billion) Project Gigabit scheme has officially been awarded, with Wessex Internet securing £6 million ($7 million) to connect remote properties in South West England to high-speed broadband.  In a world that has rapidly embraced remote work over the past couple of years, the…

Netflix’s ‘Thai Cave Rescue’ trailer is a tense retelling of a true story

In the summer of 2018, an international rescue operation was held after 12 members of a Thai boys’ football team and their 25-year-old assistant coach were trapped underground in Tham Luang Nang Non cave following heavy rainfall and flooding. Now, following E. Chai Vasarhelyi and Jimmy Chin’s documentary, The Rescue, and Ron Howard’s film, Thirteen…

All the economic good news, from jobs to inflation, was just a momentary blip. The worst is yet to come.

The jobs and inflation data may be looking up, but the US economy is still in trouble and a recession is on the horizon. iStock; Rebecca Zisser/Insider Over the past month, things have been looking up for the US economy. The latest consumer-price-index inflation report showed signs of cooling. Measures of growth — from the…

Europe’s close to hitting its natural gas storage goals for the winter — 2 months early, despite Russia’s squeeze

The EU is trying to wean itself off Russian gas as the west sanctions Vladimir Putin’s regime. Reuters The European Union is set to meet its winter natural gas storage goals two months early, according to inventory data. Russia has choked off the continent’s natural energy supply by cutting off key pipelines to hit back…