Millions of computer users across the world could be blocked from the internet this year as the global network will shut down for 24 hours, US technology security vendor LogRhythm predicted in December. The company’s chief information security officer and vice president James Carder told Business Insider, it won’t just be a technical issue stopping people from uploading their selfies on Instagram. “In... 

Just yesterday, we recounted the story of “Black Wednesday” when on September 16, 1992, the UK was forced out of the EU’s exchange-rate mechanism, or ERM, when the BOE tapped out and allowed the British pound to float freely, leading to 15% losses in the sterling. As we noted, this was George Soros’ infamous trade which “broke the Bank of England” and made the Hungarian richer by over... 

Financial markets in Asia and Europe have been rocked over concerns that the United States’ government might be heading for a partial shutdown. Washington should agree to a new spending bill before the end of the financial year at midnight on Monday amid political divisions that have created a stalemate. If the American lawmakers fail to agree on the budget deal, essential federal services could... 

When global freight transportation collapsed to record lows in July of this year most analysts wrote it off as an anomaly. In September, when one of the largest retail shipping companies in the world warned of weakening global economic conditions and announced they would slash thousands of jobs, financial markets barely even noticed. Last week, Google, the largest small business advertising platform...