William And Paul Win 2018 Nobel Prize In Economics
William Nordhaus and Paul Romer have been declared the winners of this year Noble prize in Economics, the former work on Economics climate made him to be considered while the latter work on the endogenous growth theory put him into consideration.
William Nordhaus and Paul Romer have been awarded the 2018 Prize in Economic Sciences, have designed methods that address some of our time’s most fundamental and pressing issues: long-term sustainable growth in the global economy and the welfare of the world’s population.
William Nordhaus is being recognised for his work on the damage caused by climate change.
Paul Romer has examined how economists can achieve a healthy rate of economic growth.
The models that Nordhaus and Romer have created have helped with the development of economic growth, and with combatting climate change, we’re hearing.
They have taken macroeconomics to a global scale, to tackle some of the world’s biggest problems, the Nobel Prize committee say.
Corruption: Guatemalan Ex President and Vice Sentenced to Prison
In the quest of fighting corruption totally in Guatemala, a Guatemalan court yesterday sentenced both former President Otto Perez and his vice president, Roxana Baldetti, to 16 years in prison each in a graft case years after explosive corruption revelations.It is important to note that the duo were forced out of office early because of corruption allegation.The pair were found guilty of illicit association and customs fraud, but were acquitted on a charge of illic...
Racism: Police arrest South African woman that calls for the killing of black men and women.
Following the uproar that follows a racist post by Belinda Magor, whose voice note calling for black women's uteruses to be removed and black men to be burned because they rape, steal and kill, the South Africa police have now arrested her.Magor had made the comments supposedly in defence of pitbulls, as calls for the ban of the vicious dogs heighten after numerous deadly maulings.She is set to appear in court next year.The Premier of the Gauteng province Panyaza Le...
Girl, 13, is electrocuted to death after getting out of shower and touching her TV
When a girl touched her TV after getting out of the shower, she was electrocuted and died as a result.Iorrany Ravick Soares Rodrigues, 13, was still damp from taking a shower when she attempted to adjust her TV at home in Timon, Brazil.According to reports, the TV was on due to faulty wiring that allowed electricity to pass through its frame.It's unclear whether she touched the TV directly or the connected antenna before passing away.On Sunday, October 9, in the lat...
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