The impact of frivolous lawsuits in the U.S. is huge. According to one study on the subject, the cost for such litigation reached $429 billion in 2016 – amounting to 2.3% of America’s GDP. That was an equivalent of $3,329 paid by every household in the U.S.A. to support the tort system.
Anxiety about an increase in Covid19 cases and fears of a second wave coupled with revelations of historic money laundering practices of major global banks weighed heavily on financial markets yesterday.
Precious metals were not immune to the sell off which saw gold below $1,900 and silver off a whopping 12% during intraday trading.
There’s a popular myth out there, largely perpetuated by shrewd technology vendors, that IT has the solution to any problem – especially when it comes to stimulating employment, streamlining recruitment, driving efficiencies and boosting productivity.
