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Thu, May 16, 2024 04:50 AM All times are UTC

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Americas Roundup: Dollar weakens against euro after Fed keeps rates unchanged, oil down 3 pct after surprise U.S. crude, and gasoline builds-July 28th, 2016

Jul 27, 2016 22:16 pm UTC| Market Roundups

Market Roundup Fed: keeps rates unchanged (9-1, George lone dissenter), says risks to outlook reduced, will continue to assess international events in determining when to raise rates. Fed: expects econ conditions...

Europe Roundup: Sterling slumps below 1.3100 handle despite better-than-expected GDP report, oil prices decline on oversupply worries, markets await Fed policy decision and Yellen presser - Wednesday, July 27th, 2016

Jul 27, 2016 12:25 pm UTC| Market Roundups

Market Roundup GBP/USD -0.24%, USD/JPY +0.79%, EUR/USD +0.09% China stock wobble FOMC risk underpin USD Chinas yuan firms on stronger midpoint, more gains expected Japan PM Abe to announce details of...

Asia Roundup: Dollar gains on BoJ easing and fiscal stimulus expectations, Aussie declines following soft inflation report, investors cautious ahead of Fed policy outcome - Wednesday, July 27th, 2016

Jul 27, 2016 06:45 am UTC| Market Roundups

Market Roundup Japan PM Abe to announce details of stimulus package today, to amount to Y27 trln Fuji TV. Japan considering issuing 50-year bonds as part of stimulus package, MoF denies report Wall St Journal,...

Americas Roundup: Dollar firm against euro as Fed meeting begins, Wall Street mixed, U.S. crude hits 3-month low-July 27th, 2016

Jul 26, 2016 23:13 pm UTC| Market Roundups

Market Roundup Fed seen holding rates steady as inflation watch continues. U.S. consumer confidence steady; new home sales near 8-1/2-year high. U.S. Markit flash July services PMI 50.9 vs expectation 52.0,...

Europe Roundup: Sterling recovers after declining on Weale's dovish comments, oil price hits 2-1/2 month low, European shares edge down - Tuesday, July 26th, 2016

Jul 26, 2016 12:28 pm UTC| Market Roundups

Market Roundup GBP/USD -0.0011%, USD/JPY -1.4%, EUR/USD +0.11% Yen surges, oil dips with eyes on central banks Japan to double fiscal stimulus to Y6tn Nikkei Japans Fin Min Aso welcomes G20 support...

Asia Roundup: Yen rises more than 1 percent as investors assess BoJ stimulus impact, Antipodeans off-lows, Asian shares volatile - Tuesday, July 26th, 2016

Jul 26, 2016 06:38 am UTC| Market Roundups

Market Roundup Japan wont reach nominal GDP target of Y600 trln by FY24 even given current growth pace, PM Abe vows to keep trying Reuters. Japan to double fiscal stimulus to Y6 trln Nikkei. EconMin...

Americas Roundup: Dollar weakens against euro ahead of Fed, BOJ policy meetings, oil falls on oversupply, demand concerns; U.S. crude hits 3-month low-July 26th,2016

Jul 25, 2016 22:46 pm UTC| Market Roundups

Market Roundup Oil falls on oversupply, demand concerns; U.S. crude hits 3-month low. Sanders supporters boo as he urges them to elect Clinton U.S. president. NY Fed-FX swaps with foreign central banks total...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

Vanguard’s New CEO Says Bitcoin ETF Not on the Table: Report

Vanguards new CEO, Salim Ramji, has confirmed that the investment giant will not launch a Bitcoin ETF, emphasizing the firms commitment to its investment philosophy. Despite his past involvement with BlackRocks Bitcoin...

iPhone Owners Alarmed as iOS 17.5 Resurfaces Deleted Nudes, Troubling Bug Reported

A troubling bug in Apples iOS 17.5 update is reportedly resurfacing previously deleted photos, including sensitive images, causing alarm among iPhone owners. Users on Reddit and beta testers have flagged this issue,...

Shiba Inu Rep Lucie Makes Major Bullish Statement on Shibarium Coins

Lucie, the Shiba Inu teams official marketing head, has taken to her X social media account (previously known as Twitter) to declare the SHIB, BONE, and LEASH pricing behavior she expects to see during a hypothetical...

Tesla Cybertruck to Receive Full Self-Driving V12.5 Update in June, Elon Musk Announces

Elon Musk provided a new update on the Tesla FSD development, which appears to be moving faster than anticipated. FSD V12.4, which aims to enhance miles per intervention by tenfold over V12.3, is set to begin internal...

FLOKI Price Soars 14% After Revolut Listing, Market Rally Anticipated

The price of FLOKI surged over 14% today following its listing on Revolut Business, Europes largest neobank, driving investor enthusiasm and market optimism for continued gains. FLOKIs 14% Surge Follows Revolut Listing...