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☆ Saudi Arabia's $500 billion bet to build a futuristic city in the desert
▼ + stars: | 2023-01-13 | by ( Anuz Thapa | ) www.cnbc.com time to read: +1 min

Saudi Arabia is building a futuristic city in the middle of a vast desert— from scratch. A vital element of the country's Vision 2030 plan, the project is the brainchild of Saudi's de facto leader, Crown Prince Mohammed bin Salman, also known as MBS. "Neom is a mega project seen in Saudi Arabia and the young Saudi population as part of this liberalization process." The Neom project is far from without controversy, though. It also is being seen by some as a way to distract attention from Saudi Arabia's human rights record.

☆ Serial killer Charles ‘The Serpent' Sobhraj freed from Nepal prison
▼ + stars: | 2022-12-23 | by ( ) www.nbcnews.com time to read: +3 min

Charles Sobhraj, a convicted killer who police say is responsible for a string of murders in the 1970s and 1980s, was released from a Nepal prison on Friday after nearly two decades behind bars. Sobhraj was driven out of Central Jail in Kathmandu by a cavalcade of police cars a little after midday, Ishwari Prasad Pandey, a jailor at the Central Jail, told Reuters. His notoriety and exploits have been the subject of several dramatizations, including a Netflix and BBC joint production released last year. Sobhraj escaped from India’s Tihar jail in 1986 after drugging prison guards with cookies and cakes laced with sleeping pills. “Jail authorities will hand him over to the department of immigration today,” Sobhraj’s lawyer, Chintan told Reuters earlier on Friday.

☆ Charles 'The Serpent' Sobhraj freed from Nepal prison
▼ + stars: | 2022-12-23 | by ( Gopal Sharma | ) www.reuters.com time to read: +4 min

[1/2] Police officers escort Charles Sobhraj, a French national known as 'the Serpent', accused of killing over 20 young Western backpackers across Asia, to the Department of Immigration after he was released from prison, following an order of Nepal's Supreme Court, in Kathmandu, Nepal December 23, 2022. REUTERS/Chandra Bahadur AleKATHMANDU, Dec 23 (Reuters) - Charles Sobhraj, a convicted killer who police say is responsible for a string of murders in the 1970s and 1980s, was released from a Nepal prison on Friday after nearly two decades behind bars. Sobhraj was driven out of Central Jail in Kathmandu by a cavalcade of police cars a little after midday, Ishwari Prasad Pandey, a jailor at the Central Jail, told Reuters. Sobhraj escaped from India's Tihar jail in 1986 after drugging prison guards with cookies and cakes laced with sleeping pills. "Jail authorities will hand him over to the department of immigration today," Sobhraj's lawyer, Chintan told Reuters earlier on Friday.

☆ Four-day workweek: Are we heading there?
▼ + stars: | 2022-12-10 | by ( Anuz Thapa | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFour-day workweek: Are we heading there? A four-day or shorter workweek is gaining momentum, thanks to the remote work boom during the pandemic. A study from 4 Day Week Global, a nonprofit conducting a four-day week pilot program in many countries, found companies expressed extreme satisfaction with their overall productivity and performance. But that hasn't been true for all companies. Watch the video above to explore the pros and cons, and whether it will ever become the global norm.

☆ How the four-day workweek gained momentum — and could change the future of work
▼ + stars: | 2022-12-10 | by ( Anuz Thapa | ) www.cnbc.com time to read: +1 min

The idea of a four-day or shorter workweek is gaining momentum worldwide — a big thanks to the remote work boom during the Covid-19 pandemic. A recent study from 4 Day Week Global, a nonprofit group that has been conducting four-day week pilot programs in several countries, found that employees expressed satisfaction with their overall productivity and performance. "The idea of reducing work time has been around for quite some time," said Charlotte Lockhart, founder and managing director at 4 Day Week Global. We have thousands of companies around the world that are actually reducing work time in one way or another." Watch the video above to learn whether the four-day workweek is what working life will look like in the future.

Thapa, who was arrested in Southern California, faces one count of wire fraud. Prosecutors said Thapa traveled to Italy in July 2019 to sell some of the company's native cryptocurrency without authorization for what turned out to be counterfeit money. Thapa could face up to 20 years in prison if convicted on the wire fraud charge. Headquartered in New Jersey, Blockparty began as a platform for blockchain-based event ticketing, and launched a marketplace for non-fungible tokens or NFTs in 2020, according to the company's website. NFTs are a blockchain-based asset representing a digital file such as an image, video or item in an online game.

☆ Midterm voters sound off on economy and inflation on Election Day
▼ + stars: | 2022-11-08 | by ( Anuz Thapa | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMidterm voters sound off on economy and inflation on Election DayInflation is one of the top concerns for voters in this year's midterm elections. According to an NBC News poll, a majority of Americans remain overwhelmingly dissatisfied with the U.S. economy, which is why some voters say getting a handle on higher prices is their top priority.

☆ How phone scammers tricked Americans out of tens of billions of dollars in 2022
▼ + stars: | 2022-11-05 | by ( Anuz Thapa | ) www.cnbc.com time to read: +1 min

Despite the rise of sophisticated crypto frauds and ransomware plots, phone scams continue to trick Americans out of tens of billions of dollars each year. Phone scams are on the rise. Truecaller, which makes an app that blocks spam calls, estimates that nearly 70 million Americans have lost money to phone scams in 2022, and that those scammers made off with nearly $40 billion in total. Phone scams include frauds that begin with calls and text messages. Watch the video above to learn more about why phone scams remain so prevalent, how people are fighting back against them and how not to become a victim.

☆ How Gautam Adani became the world's fourth richest person while billionaires like Jeff Bezos lost tens of billions
▼ + stars: | 2022-09-30 | by ( Anuz Thapa | ) www.cnbc.com time to read: +1 min

The Indian billionaire briefly surpassed Amazon founder Jeff Bezos to become the second-richest person in the world in September, according to Bloomberg. He's now ranked as the world's fourth wealthiest person. That might be changing now that he's richer than Microsoft founder Bill Gates and iconic investor Warren Buffett. Adani is now chair of the Adani Group, one of the three largest industrial conglomerates in India. Watch the video above to learn more about how Adani's political connections may have boosted the success of his many companies.

☆ Gautam Adani: The rise and rise of Asia's richest person
▼ + stars: | 2022-09-30 | by ( Anuz Thapa | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGautam Adani: The rise and rise of Asia's richest personIn 2021, Gautam Adani was not on the top 10 list of the world's richest people. But in 2022, the Indian billionaire settled in behind Jeff Bezos and Bernard Arnault as No.

☆ Nepal in fresh political conflict as president declines to sign citizenship law
▼ + stars: | 2022-09-21 | by ( Gopal Sharma | ) www.reuters.com time to read: +3 min

President of Nepal Bidhya Devi Bhandari speaks during the COP24 UN Climate Change Conference 2018 in Katowice, Poland December 3, 2018. The bill proposed, among other changes, to give citizenship certificates to children whose parents' whereabouts were not known. The deadline for Bhandari, a ceremonial head of state under the 2015 constitution, to approve the amendment to the 16-year-old Nepal Citizenship Act, expired at midnight. Legal experts said the president was required to approve the changes, passed twice by a majority of parliament. Additionally, under the existing citizenship provisions, a foreign woman married to a Nepali men can get a citizenship certificate after she shows proof of her marriage and that she has initiated action to relinquish her foreign citizenship.

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