Hong Kong (HK) has often grabbed global headlines, but lately, it has been doing so for the wrong reasons. The island has been gripped by protests over an extradition bill that seemingly would empower mainland China at the expense of HK locals. The Fugitive Offenders and Mutual Legal Assistance in Criminal Matters Legislation (Amendment) Bill 2019 was proposed following a murder case in 2018.
China
In the age of hypersonic-weapons, 5G communication, AI (artificial intelligence) competition and weapons programs that produce weapon strikes in under an hour (such as the US military’s Prompt Global Strike, or PGS, which can deliver accurate weapons to any place on earth within 60 minutes), space only seems to be the next frontier.
The acrimony between the United States and China has a technological aspect that could lead to a faceoff. This is the result of the underdog Chinese industries challenging the established American industrial complex. The winner of this standoff will dictate global economic activity for the foreseeable future.
PIN verification will soon become a thing of the past. Thanks to advances in fingerprint biometric technology, the reality of being able to authenticate a payment with a simple touch of the finger is set to explode across the globe. Whilst some countries remain conservative in terms of adopting this technology
When the first cryptocurrencies, such as bitcoin, started gaining traction, many banks initially dismissed them as virtual assets with no intrinsic value. Today, requests from clients have changed the minds of some of those banks, such as Goldman Sachs.