Lanette Scott

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A key British industry is relying on hipsters to keep it alive

But in fact the UK has been losing its taste for tea for decades. Tea consumption has fallen steadily since "peak tea" was reached in 1956. When tea was rationed during World War II, the ration was 2oz (56g) per person per week. At 25g of tea per person per week, Britons now consume less than half …

Prem Shankar Jha: Lower interest rates or die

What will happen if policy interest rates are brought down to the point where they halve the current 11 per cent-plus average cost of borrowing?

Wall Street

Bangkok Bombing Investigation Reveals Further Links to China

Recent developments in the strained investigation into last month’s fatal bombing at Bangkok’s Erawan Shrine have revealed that several suspects are …

Teen's alleged terrorist bomb plot foiled by Australian police

CANBERRA, Australia — Police arrested a 17-year-old and accused him of plotting to detonate three homemade bombs in the Australian city of Melbourne, …