
Monday, December 22, 2008
Undersea cable cut disrupts Internet, phone traffic Damage to three major underwater data lines in the Mediterranean sea hampered Internet and telephone traffic between Europe, the Middle East and Asia 
Thursday, November 28, 2002
Breaking our fondness for cash Human attachment to cash, be it stones, shells, coins or paper is inexorably linked to our desire to get something palpable in return for goods or services rendered. But cash has one huge drawback — cost. Cash doesn’t last long, a year at best for most bills, and is extremely expensive to produce, document and transport. The goal for most financial institutions is to move all monetary transfers to the electronic world where money would never have a material existence.