China Planning World’s Largest Mega-City with 42 Million People

China-Super-City

China planning to merge nine cities to create the world’s largest mega city.

China is planning to create the world’s biggest mega city by merging nine cities to create a metropolis twice the size of Wales with a population of 42 million. City planners in south China have laid out an ambitious plan to merge together the nine cities that lie around the Pearl River Delta.

China’s Economy Overtook the U.S. in 2010 to Become Number One

china_economy

China’s economy overtook the U.S. in 2010.

Some time in 2010, the Chinese economy overtook that of the United States.  In purchasing power parity (PPP) terms – that is, adjusting for the different costs of living in the two countries – the size of China’s economy was $14.8 trillion in 2010, compared to the US economy’s $14.6 trillion.

 

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Consumers Beware – Reloadable Prepaid Debit Cards Loaded with Fees

reloadable-prepaid-cards

Reloadable prepaid debit cards represent one of the fastest-growing segments of the financial services industry.

Last year, Michael Abukhader’s 12-year-old son, Jacob, received a $30 NASCAR prepaid Visa card from an aunt who thought it would provide a convenient way to give him cash for birthdays and other events. But once Abukhader, who lives in Queen Creek, Ariz., reviewed the terms of the card, he closed the account.

 

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Economists Predict Unemployment Will Remain Historically High Over the Next Decade

Unemployment

The “new normal” unemployment will be worse than the “old normal”.

The American Economics Association held its annual meeting in Denver last weekend. Most attendees appeared to be in a very forgiving mood. While the economists in Denver recognised the severity of the economic slump hitting the United States and much of the world, there were few who seemed to view this as a serious failure of the economics profession.

 

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UK Abolishes Mandatory Retirement at 65

 retirement

British employees will not be forced to retire at 65.

British employers will no longer be allowed to force people to retire at 65 years old, unless they can justify the dismissal, the government said Thursday in a bid to lessen pension payouts as Britons live for longer.The move was welcomed by nonprofit organizations campaigning against age discrimination. Others, however, complained that the move will make it expensive for employers to continue to provide benefits such as health or life insurance to employees over 65.

 

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Online Resources That Are Transforming Education

education not ammunition

Education needs transforming

Education technology has become a busy space in recent years. Mark Zuckerberg and Bill Gates continue to push the envelope with enormous philanthropic gifts toward education reform; Blackboard.com was traded at a $1 billion plus valuation; and Google is putting millions into education tech sites like KhanAcademy.

With so many startups on the scene, it is easy to get lost. Fortunately, most innovation is centered around a short list of fundamental ideas. In this post, we’ll walk through a few clusters of education tech companies…

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