Typhoon Mangkhut: despite swaying high-rises, Hong Kong structures are built to handle strong winds, experts say

As buildings swayed and windows shattered under the impact of Typhoon Mangkhut on Sunday, the Hong Kong government and experts were quick to assure residents the city’s architecture had been constructed to deal with strong winds. One of the buildings worst hit by the typhoon – which caused the highest signal No 10 to be…

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Long way to go to get banks back in their box

Loading The root cause of the GFC was ideological: the belief that the more lightly regulated the banks and other financial players were, the better they’d serve the wider economy’s interests, allied with the belief that their greater freedom wouldn’t tempt them to take excessive risks because that would be contrary to their interests. Wrong.…

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