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Wed, Jun 26, 2024 04:08 PM All times are UTC

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Falling energy prices restrain U.S. consumer price growth in April

May 22, 2015 16:41 pm UTC| Commentary

US consumer prices rose 0.1% (month-over-month) in April, bang on survey expectations. Core CPI (excluding food and energy) rose 0.3%, ahead of the consensus call for 0.2%. On a year-over-year basis, overall consumer price...

Greek agreement unlikely in May

May 22, 2015 16:25 pm UTC| Commentary

Another deadline looms for Greece, or at least so it seems. End-May has been portrayed as another deadline for Greece and its creditors to find an agreement; otherwise a default is allegedly unavoidable."We would treat the...

USD review

May 22, 2015 15:14 pm UTC| Commentary

Western Union:The latest look at U.S. inflation was both dollar- and customer positive. Standing in the way of an imminent Fed rate hike is healthier U.S. inflation. The latest number offered progress with core consumer...

CAD review

May 22, 2015 15:13 pm UTC| Commentary

Western Union:Friday was off to a happy start for CAD buyers as the loonie hit one-month lows. The loonie was injured by news today of a bigger than expected fall in area inflation.Inflation fell further behind the Bank of...

JPY review

May 22, 2015 15:13 pm UTC| Commentary

Western Union:The yen rebounded from two-month lows after the Bank of Japan Friday stood pat on policy and sounded sanguine on the outlook for the worlds No. 3 economy.The Japanese unit also benefited from trickling U.S....

GBP review

May 22, 2015 15:12 pm UTC| Commentary

Despite the pounds appreciation over the past few days, it was still on pace to log a losing week against the greenback, news that should hearten American companies and encourage them to take advantage of the move by...

EUR review

May 22, 2015 15:11 pm UTC| Commentary

This week, so far, has proven the best for U.S. importers in more than a month. The euro is on course for its first weekly decline since early April.The ECB played a big part in the euros under performance after a senior...

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Economy

Space arms race may be underway

As conflict rages on Earth, an arms race may be underway in outer space. On May 30, a US diplomat warned that Russia had launched a weapon into orbit, something Russias deputy foreign minister, Sergey Ryabkov, branded as...

Mauritius’ next growth phase: a new plan is needed as the tax haven era fades

Mauritians will head to the polls by November 2024 and politicians are considering the economic direction of the island country. For the last two decades, the countrys economic growth has depended heavily on its...

Canadians are feeling increasingly powerless amid economic struggles and rising inequality

If you feel like youre being pushed around in life, youre not alone. Our recent research has found that Canadians are increasingly feeling a sense of powerlessness in their lives. This sentiment has been steadily...

Myth: How the US manipulates global markets for economic supremacy

US president, Joe Biden, raised tariffs on Chinese-made goods sharply in May, claiming that the Chinese government has cheated by pouring money into Chinese companies … hurting competitors who play by the rules. The...

The world no longer needs fossil fuels – and the UK could lead the way in making them taboo

North Sea oil and gas has become a battleground issue in the UK general election. The Labour partys manifesto promises an end to issuing new licenses for finding oil and gas. The Conservative party meanwhile proposes a...

Politics

Microsoft-G42 Deal Forces Huawei Exit, White House Hails Move

The White House praised Microsofts $1.5 billion investment in G42, emphasizing the positive impact of ending relations with Huawei on AI security. White House Sees Positive Shift in UAE Tech Alliances According to...

Three ways politicians always promise to raise money without increasing taxes – and why they rarely deliver

After weeks of controversy over Labour and Conservative costings in which each side accused the other of dishonesty the manifestos show that both parties had wildly exaggerated their rivals plans. But there has been...

Election 2024: migrants aren’t to blame for Britain’s housing crisis

Migration has become the most toxic issue in British politics, driving intensely emotional debates that are often based on prejudice and misunderstanding. Similarly emotional is housing a finite resource in high demand at...

How Vladimir Putin projects his image as a modern-day Peter the Great

Russian energy giant Gazprom is reported to have been hit particularly hard by sanctions imposed as a result of the war with Ukraine. An internal report obtained and published by the Financial Times has forecast that the...

Another election, another round of Nigel Farage hype, with no lessons learned

Nigel Farage, a man who has never been elected to the House of Commons despite years of trying, has again been allowed to set the agenda in the UK. Ten years after Ukip won the European parliament elections, throwing...

Science

Nations realise they need to take risks or lose the race to the Moon

The Nasa-led Artemis-3 mission will place the first human boots on the surface of the Moon since Apollo 17s Gene Cernan and Harrison Schmitt left the lunar surface in December 1972. The goal of the Artemis programme is...

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Technology

Samsung Tests Galaxy S25 with MediaTek Chipset Amid Rising Qualcomm SoC Prices

Samsung is testing its upcoming Galaxy S25 series with a MediaTek chipset, seeking alternatives to the Snapdragon 8 Gen 4 due to high costs and production issues with the Exynos 2500. This move aims to maintain performance...

Binance Delists Shiba Inu, Chainlink, and Five More Cryptos Due to Market Conditions

On June 26, Binance, the worlds largest cryptocurrency exchange, announced the delisting of Shiba Inu, Chainlink, and five other crypto assets, effective June 28. The move is due to declining trading volumes and aims to...

PancakeSwap Unveils AI-Powered Ether Prediction Market on Arbitrum with Allora

PancakeSwap has launched an AI-powered Prediction Market on Arbitrum, allowing users to forecast Ether price fluctuations with data supplied by Allora Networks machine-learning capabilities. PancakeSwap Teams Up with...

Huawei Invests $1.66 Billion in R&D to Develop Advanced Chipmaking Tools

Huawei has invested $1.66 billion in a new RD facility near Shanghai to develop advanced chipmaking tools. This effort aims to achieve self-sufficiency amid U.S. trade restrictions, highlighting Huaweis innovation and...

Why Shiba Inu Price is Surging Today: Key Factors Behind the Rally

The price of Shiba Inu Coin surged by nearly 3% today, reflecting a significant rally in the cryptocurrency market. In line with the general upturn in the cryptocurrency market, the price of Shiba Inu Coin surged by...