Why Aren’t Millennials Buying Homes?
In the UK, only one in four middle-income millennials are on the housing ladder. Twenty years ago, 65% of this group owned homes. What’s changed? Is it possible to buy a house without help? And with more people privately renting, what are the implications for starting families, retirement and society at large?
The Rise And Fall Of Sega
With an aggressive marketing campaign and a new star in Sonic the Hedgehog, Sega solidified itself as a top contender in the industry and a force to be reckoned with. However, its reign at the top was short-lived, as it eventually caused its own downfall with a series of tragic mistakes.
Why Planet Hollywood Went Bankrupt
In the mid 1990’s, two entertainment moguls along with plenty of huge celebrities like Bruce Willis and Arnold Schwarzenegger came together to create a restaurant business unlike any other. But as quick as this idea grew, the sooner everything came crashing down. This is the story of Planet Hollywood.
Building Africa’s City In The Sea
Nigeria is reclaiming 10 square kilometres of land from the ocean to create “Eko Atlantic” – a vast new city that is set to become the financial heart of Africa. 10 new city districts will then be constructed on this reclaimed land, providing commercial, residential and recreational amenities and homes to more than 250,000 residents.
Life Under The Algorithm
Increase your output, get paid more. Wages go up with productivity. Until, it turns out, they don’t anymore. The unwinding of this agreement in recent decades, such that workers must continue to produce more without expecting it to show up in their pay stubs, has now been the subject of a good deal of discussion and debate.
Why Green Energy Finally Makes Economic Sense
Renewable energy is now comparable with the cost of building new coal and nuclear capacity. Existing, older power plants already have the capital investment sunk, so they are cheaper — but, in the case of South Africa at least, many of these plants are reaching retirement ages.
How Hong Kong Is Home To The Crazy Rich And The Mega Poor
Hong Kong has more ultra-rich people than any other country, yet 1 in 5 people still live in poverty. SBS Dateline’s Marc Fennell asks why the gap between rich and poor is so extreme.
Why China And The U.S. Are Vying For Dominance In Pakistan
In Pakistan, China and the U.S. are clashing over China’s One Belt, One Road initiative. To understand what’s at stake, it helps to take a look at why China is in Pakistan in the first place.
These Death-Defying Human Towers Build On Catalan Tradition
Catalonia is ruled by the Spanish government, but its people have been constructing independent kingdoms for centuries. By climbing up backs and balancing on shoulders, Catalonians of all ages stack their bodies on-top each other to build castells, or human towers.
Can Eco-Tourism Help Save The Ocean?
Indonesia’s Coral Triangle is one of the most biodiverse places on the planet, but destructive fishing practices are threatening ocean life. Meet the conservation pioneers who are reviving these waters—bringing species back from the brink of extinction.
Life And Struggle After YouTube Fame
Dax Flame was only 15 when he became YouTube royalty – his channel was among the top 20 most subscribed in the early years of the site. But 13 years later, his fortunes have changed – he’s working as a waiter and trying to scrape together money just to get by.
The Man Who’s Going To Save Your Neighborhood Grocery Store
American food supplies are increasingly channeled through a handful of big companies: Amazon, Walmart, FreshDirect, Blue Apron. What do we lose when local supermarkets go under? A lot — and Kevin Kelley wants to stop that.
When Antarctica Was Green
Before the start of the Eocene Epoch about 56 million years ago–Antarctica was still joined to both Australia and South America. And it turns out that a lot of what we recognize about the southern hemisphere can be traced back to that time when Antarctica was green.
Saudi Arabia: What Happens When The Oil Stops
Mohammed bin Salman is about to find out what happens when the world does not need his oil. In the past, the standard response to that hypothesis was condescending looks. Not any more. The prospect of Saudi becoming a debtor nation is real.
The Italian Village That Celebrates Ugliness
Celebrating “ugliness” for the past 140 years, Piobbico has become renowned for being the world capital of ugly people. Now, its utopian idea has blossomed into a worldwide movement. Today, the so-called “World Association of Ugly People” counts more than 30,000 members across 25 global chapters.
How You End Up In And Survive A Cult
How do well-meaning, intelligent people end up in a cult? EnlightenNext was an organization, founded by self-styled guru Andrew Cohen, that aimed to facilitate spiritual awakening. Cohen’s most devoted students meditated for hours—at times, months—on end, were often celibate, and lived together.
The Tricky Economics Of All-You-Can-Eat Buffets
For a small fee, you’re granted unencumbered access to a wonderland of gluttony. Is it possible to out-eat the price you pay for a buffet? How do these places make money? We looked at the dollars and cents behind the meat and potatoes.
The Biggest Corruption Scandal In Latin America’s History
In 2014, the largest corruption scandal in Latin America’s history erupted in Brazil. It involved bribes between Petrobras, the largest state-owned oil company on the continent, and dozens of engineering firms. It also involved politicians, including three Brazilian presidents.
New Technology In China Turns Desert Into Land Rich With Crops
China was praised for a law it passed in 2002 — the world’s first integrated law dedicated to combating desert expansion. With this goal in mind, China has carried out several projects that have been successful, including at one desert in northern China.
Malaysia’s $100BN Smart Island City
In an effort to further boost its economy and leverage its unique position on the doorstep of Singapore, Malaysia are raising four artificial islands from the waters of the Johor Strait and constructing a USD $100BN smart city from scratch.
Skinny Home In Toronto As Prototype For Parking-Space Homes?
When Cyril Borovsky bought a 16-foot-wide strip of land in Toronto sandwiched between two bungalows, he knew the only way to fit more than one bedroom on the tiny footprint was to think cubically. Using a steel frame and performing much of the work himself- with just a boom lift and makeshift pulley-, he went up four floors.