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A green stimulus to boost the energy transition?

Jul 03, 2020 12:44 pm UTC| Insights & Views

Beyond its catastrophic impacts on health, the Covid-19 virus is wreaking havoc on the world economy and governments public finances. The length and depth of the economic crisis are unknown, but it is certain that few...

Cryptocurrency Derivatives Series: Bitcoin Flirts With Technical Supports & Drifts In Sideways, Uphold Long Hedges

Jul 03, 2020 11:45 am UTC| Digital Currency Research & Analysis Insights & Views

The Bitcoin price (BTCUSD at Coinbase) briefly plunged towards $8,900 levels during the last weekend before an eruption of buying pressure influenced the pioneer cryptocurrency back above the key $9000 psychological...

FxWirePro: A Glimpse At G10 FX Options Market In H2’2020

Jul 03, 2020 07:37 am UTC| Research & Analysis Insights & Views

The above nutshells showing IVs and risk reversals of G10 pair, where implied volatilities are turning lower and you could also make out that there has been bearish hedging sentiments for dollar except USDCHF. The FX...

US under Trump Series

Don't expect Biden's VP pick to make or break the 2020 election

Jul 03, 2020 07:11 am UTC| Insights & Views Politics

As presumptive Democratic presidential nominee Joe Biden gets set to pick his vice presidential candidate, heres a reality check: Running mates have very little direct effect on voters. When people go to the polls, they...

Why some Americans seem more 'American' than others

Jul 03, 2020 07:09 am UTC| Insights & Views Life

In the United States and many other countries, nationality is defined by a set of legal parameters. It may involve birthplace, parental citizenship or a circumscribed set of procedures for naturalization. Yet, in many...

China Crisis Series

China has a new way to exert political pressure: weaponising its courts against foreigners

Jul 02, 2020 15:58 pm UTC| Insights & Views

The death penalty is not uncommon in China. Authorities continue to execute thousands of people each year, more than all other nations combined. However, for Australian Karm Gilespie, convicted for drug-smuggling...

The US isn't in a second wave of coronavirus – the first wave never ended

Jul 02, 2020 15:53 pm UTC| Insights & Views

After sustained declines in the number of COVID-19 cases over recent months, restrictions are starting to ease across the United States. Numbers of new cases are falling or stable at low numbers in some states, but they...

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Economy

Emirates issues over $517 million in refunds, more reimbursements expected

Dubai-based carrier Emirates has processed nearly 650,000 refunds amounting to over $517 million over the past two months while operating a decreased number of flights on a limited network. According to Chief Commercial...

India invites private firms to run and modernize railways

India is now inviting bids for private firms to invest $39.8 million in running trains along 109 routes to introduce modern technology and boost its virus-hit economy. The private players will have to pay a percentage...

Japan to shut down aging coal-fired power plants to reduce emissions

Japan will close about 100 of its aging coal-fired and inefficient power plants by fiscal 2030 to reduce carbon emissions and shift toward renewable energy. Industry minister Hiroshi Kajiyama is expected to announce the...

S. Korea to back up 1,000 hydrogen businesses over 20 years

South Korea will support 1,000 businesses in the hydrogen industry over the next 20 years to develop a hydrogen-based ecosystem and economy. Consequently, the country will help create at least 500 companies in...

FxWirePro: Can USMCA & PMIs Bring In Optimism For Mexican Peso? Uphold USD/MXN Call Spreads

The recent publication of the PMIs in a number of countries illustrated a significant improvement of sentiment. It seems questionable though whether sentiment in Mexico has improved to the same extent (publication of the...

Politics

Donald Trump revelation: Appeals judge partially lifts restraining order blocking publication of niece Mary Trump's book

As Democrats continue to encourage others to register to vote and pushing for mail-in voting in the midst of the pandemic, former vice president Joe Biden hopes to protect the rights of Americans to vote. The Biden...

Donald Trump revelation: Appeals judge partially lifts restraining order blocking publication of niece Mary Trump's book

President Donald Trumps niece Mary Trump is set to publish her tell-all book that sheds more light on the Trump family. Following the temporary restraining order placed on both Mary Trump and publisher Simon Schuster, an...

Former European Council President Donald Tusk shows support for Joe Biden's presidential bid

As the November elections draw closer by the day, more public figures, political or not, are beginning to voice their support for one candidate or another. Among those figures is former European Council Member Donald Tusk,...

Michelle Obama impressed: Ex-FLOTUS praises Princeton for removing Woodrow Wilson's name from public affairs department

The recent events, mainly the protests against systemized racism have sparked institutions, whether national or private, to remove figures and cultural symbols that are deemed as racist. Following ivy league institution...

Science

Archaeologists find skeletal remains of inmates in former NKVD prison

Much like the horrific Holocaust, there was also the regime of Russian dictator Joseph Stalin that led to the imprisonment and killing of thousands of people, with millions more dying under his reign. A recent discovery...

Aliens: Scientists develop calculator to count alien civilizations

The question of whether or not we are alone in the universe has been asked millions of times as far as one can remember. This question was front and center following the space missions that occurred in the 20th century,...

Archaeologists analyze screaming mummy to investigate supposed link to Ramses III's death

Ever since archaeologist Howard Carter discovered the tomb of famed Egyptian Pharaoh King Tutankhamun in 1922, there have been unusual deaths that have been linked to it. Scientists since then have tried to test the theory...

Author says 2,400-year old coin artifact may be proof that Atlantis is real

Atlantis is one of the most popular myths in history, with many wondering whether the city is actually real, based on the stories that have been told over time. An author and researcher may have unraveled the mystery...

Technology

iPhone 12 could be delayed by four weeks to a couple of months but until 2021

The COVID-19 pandemic has undeniably rocked the tech world, and Apple was not exempted. A new report offers a more vivid look into the possible delays the company might suffer in terms of releasing the anticipated iPhone...

iOS 14: 4 best security and privacy improvements launching later this year

After countless reports of mobile apps and other entities covertly collecting peoples data through the devices they use, iPhone users should pay attention to the security and privacy features launching on iOS 14. Luckily,...

iPhone SE 2021 will keep the A13 Bionic and that’s fine

Reports have it that the new iPhone SE was planned to arrive in two models this year. However, Apple revived its mid-range smartphone lineup with just one variant last April. Later, there have been claims that the tech...

AirPods to receive Spatial Audio and other upgrades with iOS 14’s launch in fall

Fans of Apples truly wireless earbuds will have several things to look forward to in iOS 14. The next mobile operating system update is confirmed to deliver several upgrades and new functions on the device, some even...
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