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California to repurpose US’ largest death row

The California state government has pledged to abolish the nation’s largest death row complex at San Quentin prison, vowing to transfer all condemned inmates to other facilities in a period of two years.  “We are starting the process of closing death row to repurpose and transform the current housing units …

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Assets of world’s largest investment manager hit record $10trn

BlackRock has become the first public asset manager with assets reaching the $10 trillion milestone, reinforcing the company’s position at the top of the entire sector. Assets under management stood at $10.01 trillion at the end of the quarter, up from $8.68 trillion recorded a year earlier. The surge is …

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The world’s largest trade pact is a game-changer for China

​​With the coming of the new year, the Regional Comprehensive Economic Partnership (RCEP) trade agreement came into force. Signed at the end of 2020, and ratified by at least 10 of its parties through 2021, the deal constitutes the largest free trade agreement in history, spanning 30% of the world’s …

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Europe’s largest emergency gas stockpile hits historic low

He told the Handelsblatt newspaper on Thursday that the capacity is currently about 59%, which is a “historically low level” in comparison with previous years. “Since the real winter is yet to come, the relatively small reserves should certainly be handled with care,” Bleschke said, warning “If the withdrawal of …

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Largest US city grants non-citizens voting rights

The controversial bill passed New York City’s overwhelmingly Democrat council by 33-14 on Thursday, meaning it will now be sent to New York City Mayor Bill de Blasio, who has expressed opposition to the proposed changes but is not expected to veto them. In a statement, the council said that …

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Activists strike world’s largest e-tailer on Black Friday

On what is traditionally the online retailer’s busiest day of the year, the group has blocked the entrance to depots in the US, UK, Germany, and the Netherlands, unfurling banners reading, “Amazon crime”, “Infinite growth, finite planet” and “Black Friday exploits people and planet”. It says it has targeted the …

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