CASH is accelerating down the path to extinction as new technologies threaten to mark the end of loose change within a decade.
Bank and credit union bosses say cash won't be alone, with wallets and credit cards also likely to disappear too.
They told The Advertiser's round table forum that cash and cards will be replaced by computer chips embedded in mobile phones, watches or other portable devices.Read more
WHO raises pandemic flu alert level to phase 5
GENEVA (AP) — The World Health Organization has raised its pandemic alert for swine flu to the second highest level, meaning that it believes a global outbreak of the disease is imminent.
WHO says the phase 5 alert means there is sustained human to human spread in at least two countries. It also signals that efforts to produce a vaccine will be ramped up.
WHO has confirmed human cases of swine flu in Mexico, the United States, Canada, Britain, Israel, New Zealand and Spain. Mexico and the U.S. have reported deaths.
WHO Director-General Margaret Chan made the decision Wednesday to raise the alert level from phase 4 — signifying transmission in only one country — after reviewing the latest scientific evidence on the outbreak.
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WHO says the phase 5 alert means there is sustained human to human spread in at least two countries. It also signals that efforts to produce a vaccine will be ramped up.
WHO has confirmed human cases of swine flu in Mexico, the United States, Canada, Britain, Israel, New Zealand and Spain. Mexico and the U.S. have reported deaths.
WHO Director-General Margaret Chan made the decision Wednesday to raise the alert level from phase 4 — signifying transmission in only one country — after reviewing the latest scientific evidence on the outbreak.
Read More
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