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Fed tightening eases stimulus pressure globally: Rajan

  Bloomberg The Federal Reserve’s plan to further withdraw support for the US economy will ease pressure on other major central banks to keep up their own ‘aggressive’ monetary stimulus, former Reserve Bank of India Governor Raghuram Rajan said. “I think with the Federal Reserve seeing limited room for continued accommodation and starting to raise interest rates, I think you ...

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‘Valley of Longevity’

  Vilcabamba / DPA Death among the middle-aged is a rare surprise in the Ecuadorian town of Vilcabamba. “She was just 43. Brain tumour. Very few die that young here,” muses William Benítez as the coffin containing Rosa Torres is borne down the street to the cemetery. Benítez is there to vend ice cream to the sweating pallbearers. “Actually, 100 ...

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‘Office of the future’

  Kaiserslautern / DPA When Professor Sabine Hoffmann invites you to sit down, there’s a surprise in store: the individualized office chairs she’s helping to develop can ventilate you from below. At the push of a button, their little built-in fans can blow air on the back or bottom. Men in particular like this feature, she says, as it helps ...

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