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China Speeds Toward A Cashless Economy

BEIJING — Two events this spring, seemingly unrelated, together offer a snapshot of where China has arrived in finance-related technology, commonly referred to as “fintech.” On April 17, the Bank of Communications, one of the largest Chinese banks, launched a new “mobile credit card” product, making it the first bank to make a credit card’s […]

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Geopolitics

Cold War Reckoning: Tracking Down Romania’s Communist Torturers

RAMNICU SARAT — The door closes, hinges grating like a desperate man’s lament. Only a single sunbeam manages to make its way through the bars of the prison cell. A few minutes in this long, heavy silence and one can imagine the daily life of a prisoner, locked up inside a two-square-meter cell. In eastern […]

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Economy

Fair-Trade Smartphones For The Geek With A Conscience

BARCELONA – Bas van Abel brought a novel idea to the Mobile World Congress in Barcelona. The 35-year-old Dutch entrepreneur is currently at work, with ten others, on the first “FairTrade” smartphone – a phone that will contain no gold mined in war zones, will not be assembled in a soulless Chinese factory, and will […]

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