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Showing posts with the label work

Top 10 Countries with Highest Salaries

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The OECD (Organization for Economic Co-operation and Development) carries out a comprehensive data based research on average annual wages for full-time and full-year equivalent employees in the total economy. The outcome of this research gives us a rough approximation of the average salaries of people in different countries around the world. For the past few years, it has been revealed that most of the countries with higher average salaries are in Europe. For decades, EU Countries like Switzerland, Norway, Luxembourg, Denmark, etc. have always dominated this list due to the higher pay received by the employees in these countries. 10. BELGIUM One of the smallest European countries, Belgium is referred to as one of the best countries for expats to live and work in. Due to the high average salaries, a lot of students tend to pursue Masters from the Belgian universities. Although taxes in Belgium are one of the highest in Europe, the higher salaries and the work culture makes u...

Canada trials a basic income for unemployed workers

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Canada is testing a basic income policy for unemployed workers to see it’s impact over the low income groups. According to this new policy, more than 4,000 citizens of the Canadian province of Ontario will receive a monthly allowance from the government and the government will monitor the affect of the allowance over the health and well being of the people. The new allowance will allow the people to be more productive and have a positive attitude towards the society. Canada is following the footsteps of a number of other countries who have started the same policy to see it’s impact over the productivity of the region. Residents of a small province are provided with a monthly allowance regardless of their state of employment to see how it affects their productivity and well being. Although it’s too early to access the results of this scheme, residents of Ontario are already very happy and believe that this allowance will make a huge difference to their lifestyle. Tim Butto...

Cryptocurrency – Bitcoin drops massively below $10,000 in minutes

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Cryptocurrency is the new hype in the town. People are investing madly in cryptocurrency since the success of Bitcoin in the past few years so much so that the Bitcoin now has a market value of about $180 million. With cryptocurrency comes the massive risk of volatility as evident by the steep rise and fall in the price of Bitcoin in the past few months. While the Bitcoin witnessed a low of $8,757 this week on 26 November, it bounced back to an all time high of $11,000 yesterday. But in just a few minutes after reaching an all time high of $11,000 it dropped steeply to a low of $9,290 in just a few minutes. According to social media, the price decline coincides with reports that GDAX, the exchange offering of cryptocurrency startup Coinbase, had seen a service outage that is currently ongoing. Data from GDAX indicates the exchange hit a low of $8,593 before going offline. Social media reports also suggest that Bitstamp and Gemini hav...

Elon Musk builds World’s biggest battery in less than 100 days

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Elon Musk is everywhere nowadays when it comes to technology. From revolutionizing the electric car industry to the hyperloop concept, he has surely achieved a lot in a short span of time. This time, he has come up with the World’s largest Lithium ion battery, and no, it’s not for the next Tesla or SpaceX, but it will be used in South Australia for it’s crippling energy problems. The billionaire innovator threw down an open challenge to the Australian government on twitter that he and his team can build and install a 100-300 MW powerhouse required to prevent power shortages causing blackouts in the state in less than 100 days. Musk tweeted,” 100 days from contract signature or it’s free.” in a deal initailly negotiated over twitter. The team is well ahead of time and will be running the test runs on the battery in the coming weeks. Tesla Powerpacks have been installed and connected at Neoen’s Hornsdale windfarm, north of Adelaide, and battery tests will be run to ensure...