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CEOs got smaller raises. It would still take a typical worker two lifetimes to make their annual pay
CEOs got smaller raises. It would still take a typical worker two lifetimes to make their annual pay
After ballooning for years, CEO pay growth is finally slowing
1970-01-01 08:00
A 'City of Atlantis' has been discovered after being lost for 600 years
A 'City of Atlantis' has been discovered after being lost for 600 years
The remains of a church from a sunken town known as the 'Atlantis of the North Sea' has been discovered beneath the mud on Germany's coast. The church is believed to be part of a site called 'Rungholt' located in the Wadden Sea. The town, which was previously thought to be a local legend, has not been seen since 1362 after it was submerged beneath the waves during an intense storm. However, new research has shown that the town really did exist and that they had built reinforcements around the settlement to protect them from the severe elements. The research was carried out on the area by archeologists from Kiel University, Johannes Gutenberg University Mainz, the Center for Baltic and Scandinavian Archaeology, and the State Archaeology Department Schleswig-Holstein. Sign up to our free Indy100 weekly newsletter Searching the Wadden Sea which is the longest stretch of intertidal sand and mud flats on Earth, the team, using geophysical imaging technology found man-made mounds that had been constructed to protect the town against the tides. Amongst this structure were the foundations of a building which the team determined had to be a church which may have been the location of the town centre. In a statement, Dr. Dennis Wilken, a geophysicist at Kiel University of Kiel University said: "Settlement remains hidden under the mudflats are first localized and mapped over a wide area using various geophysical methods such as magnetic gradiometry, electromagnetic induction, and seismics." Dr. Hanna Hadler from the Institute of Geography at Mainz University added: "Based on this prospection, we selectively take sediment cores that not only allow us to make statements about spatial and temporal relationships of settlement structures, but also about landscape development." Dr. Ruth Blankenfeldt, an archaeologist at ZBSA also suggested that the "special feature of the find lies in the significance of the church as the centre of a settlement structure, which in its size must be interpreted as a parish with superordinate function." The storm that washed away Rungholt has gone down in history as one of the largest to ever hit the region, affecting not just Germany but also the Netherlands, Denmark and the UK. The storm happened on January 1362 and has since been referred to as "the great drowning of men." According to historical reports, Rungholt was once a busy trading port for fishermen but was also populated by taverns, brothels and churches. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
1970-01-01 08:00
Carrots and sticks: Venezuela's new oil chief targets graft, courts workers
Carrots and sticks: Venezuela's new oil chief targets graft, courts workers
By Tibisay Romero, Deisy Buitrago and Marianna Parraga VALENCIA/CARACAS The new CEO of Venezuelan state-run PDVSA is targeting
1970-01-01 08:00
Inflation dips in German states, pointing to national drop
Inflation dips in German states, pointing to national drop
By Maria Martinez BERLIN Inflation eased in five economically important German states in the month of May, preliminary
1970-01-01 08:00
JPMorgan's Dimon says US, China need 'real engagement' to resolve issues
JPMorgan's Dimon says US, China need 'real engagement' to resolve issues
HONG KONG (Reuters) -JPMorgan Chase & Co CEO Jamie Dimon said on Wednesday the United States and China need to
1970-01-01 08:00
Taiwan central bank sees export momentum picking up in H2
Taiwan central bank sees export momentum picking up in H2
TAIPEI Taiwan's economic growth is likely to be low in the first half of the year under continuing
1970-01-01 08:00
The LYCRA Company’s Sustainability Director Joins Panel Discussion at the United Nations Conscious Fashion and Lifestyle Network Annual Meeting
The LYCRA Company’s Sustainability Director Joins Panel Discussion at the United Nations Conscious Fashion and Lifestyle Network Annual Meeting
WILMINGTON, Del.--(BUSINESS WIRE)--May 31, 2023--
1970-01-01 08:00
Liverpool open talks with Manu Kone & Khephren Thuram
Liverpool open talks with Manu Kone & Khephren Thuram
Liverpool have held talks with the representatives of Borussia Monchengladbach's Manu Kone and Nice's Khephren Thuram over potential transfers this summer.
1970-01-01 08:00
Italy Q1 GDP revised up to 0.6% q/q, 1.9% y/y -ISTAT
Italy Q1 GDP revised up to 0.6% q/q, 1.9% y/y -ISTAT
ROME Italy's economy rose 0.6% in the first quarter, boosted by strong domestic demand, national statistics bureau ISTAT
1970-01-01 08:00
German unemployment rises less than expected in May
German unemployment rises less than expected in May
BERLIN (Reuters) -German unemployment rose less than expected in May, showing a resilience of the labour market despite difficult economic
1970-01-01 08:00
Target Pride backlash exposes 'rainbow capitalism' problem, designer says
Target Pride backlash exposes 'rainbow capitalism' problem, designer says
By Helen Reid LONDON U.S. retailer Target's decision to remove some LGBTQ-themed merchandise after customer backlash in its
1970-01-01 08:00
Teenager dies in tractor crash in County Cavan
Teenager dies in tractor crash in County Cavan
A male pedestrian in his 80s has also died in a separate collision in County Louth.
1970-01-01 08:00
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