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Europe Roundup: Sterling falls following BoE’s inflation report, dollar rises on hawkish Fed officials’ comments, French politics weighs on euro - Tuesday, February 21st, 2017

Feb 21, 2017 12:53 pm UTC| Market Roundups

Market Roundup EUR/USD -0.7%, USD/JPY +0.5%, GBP/USD -0.4%, DXY +0.5%, DAX +0.5%, CAC +0.1%, Brent +1.6%, Gold -0.7%, Copper -0.2% Euros fall on the day vs dollar largest in % terms since Jan 18 U.S...

Asia Roundup: Kiwi slumps ahead of dairy auction, dollar gains against the yen as Treasury yields rise, markets eye BoE Carney’s testimony - Tuesday, February 21st, 2017

Feb 21, 2017 06:27 am UTC| Market Roundups

Market Roundup Philly Fed Harker Strong case for March rate hike if PCE supports MNI. EuroGroup Dijsselbloem To restart talks with Greece on bailout reforms but next loan may not come soon ...

Europe Roundup: Sterling gains following upbeat economic data, euro steadies near 1.0600, markets await Brexit debate - Monday, February 20, 2017

Feb 20, 2017 12:10 pm UTC| Market Roundups

Market Roundup EUR/USD +0.1%, USD/JPY +0.2%, GBP/USD +0.4%, DXY -0.1%, DAX +0.6%, CAC +0.1%, Brent +0.8%, Gold +0.1%, Copper +1.0% GBP finds its feet ahead of Lords Brexit debate at 15:30GMT Germany...

Asia Roundup: Euro gains amid French political concerns, Asian shares steady near 19-month high, oil rises despite rising U.S. drilling and record stockpiles - Monday, February 20th, 2017

Feb 20, 2017 06:27 am UTC| Market Roundups

Market Roundup CFTC IMM CTA data Specs cuts USD longs to four-month low, net short JPY positions at two-month low, 51.2k contracts, EUR, GBP and MXN shorts up, AUD and NZD longs up Fitch Japan lifers...

Americas Roundup: Sterling drops on weak UK retail sales under Bruit shadow, Oil steady, but down for the week as glut worries face OPEC cuts-February 28th 2017

Feb 17, 2017 23:24 pm UTC| Market Roundups

Market Roundup IMF likely to contribute up to EUR 5bn to Greek bailout Spiegel. Euro zone investment inflows surge in December- ECB. China central bank says to tighten oversight of company debt, bank...

Europe Roundup: Sterling falls below 1.2400 following downbeat retail sales figures, dollar hits 1-week low against yen on lower treasury yields, European shares trade in red - Friday, February 17th, 2017

Feb 17, 2017 12:24 pm UTC| Market Roundups

Market Roundup EUR/USD -0.2%, USD/JPY -0.4%, GBP/USD +0.2%, DXY +0.2%, DAX -0.4%, CAC -0.8%, Brent -0.1%, Gold +0.2%, Copper -0.1% GBP/USD sharply lower after retail sales. 1.2502-1.2388 in Europe EZ...

Asia Roundup: Kiwi off 1-week high on downbeat economic data, dollar recovers as U.S. Treasuries resume rise, Asian shares ease on profit-taking - Friday, February 17, 2017

Feb 17, 2017 05:58 am UTC| Market Roundups

Market Roundup Japan FinMin Aso To start Japan-US economic dialogue as early as April, natural for currencies to weaken when CB aggressively ups cash supply, US-UK caused their currencies to weaken through QE after...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Binance CEO Discloses $150 Million Bribe Amidst Tensions with Nigerian Government

Binance, the renowned cryptocurrency exchange, disclosed that Nigerian government authorities demanded a staggering $150 million in bribes to quell legal actions against its executives, igniting a fierce dispute between...

Hong Kong Central Bank Leads Initiative to Explore Asset Tokenization Advancements

The Hong Kong Monetary Authority (HKMA) has spearheaded the formation of a specialized community to explore asset tokenization. Partnering with various industry players and regulators, this initiative seeks to drive...

Shiba Inu Lead Shytoshi Kusama Unveils Mysterious 'Evita' Teaser, Sparking Frenzy

Shytoshi Kusama, the elusive figure at the helm of the renowned cryptocurrency Shiba Inu (SHIB), has set tongues wagging with a cryptic teaser shared across social media platforms. The enigmatic message features the word...

Amazon Opens Online Shopping for South African Customers

Amazon has finally arrived in South Africa. With its launch in the region, Jeff Bezos e-commerce platform is expected to compete with the leading local online shopping player, Takealot.com. The American e-commerce giant...

Apple Embarks on AI Chip Development for Data Center Capabilities

Apple Inc. is set to transform the tech landscape with its newly developed AI chip, tailored specifically for data center operations. Dubbed Project ACDC, this initiative marks a significant leap in server technology,...