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Asia Open: Dollar firms ahead of Yellen's testimony, Euro retreated on lingering Greece worries - 24th February, 2015

Feb 23, 2015 20:57 pm UTC| Market Roundups

Market Roundup US National Activity Index Jan 0.13, -0.07-prev US Existing Home Sales Jan 4.82m, f/c 4.97m, 5.07m-prev US Exist. Home Sales % Chg Jan -4.9%, f/c -0.8%, 2.40%-prev US Dallas Fed Mfg Bus Idx Feb -11.2,...

Europe Open: Eurozone grants four months extension to Greece - 23 February, 2015

Feb 23, 2015 05:49 am UTC| Market Roundups

Market Roundup EU Dijsselbloem: EZ extended Greek bail-out by four months, end-April deadline for agreement on planned Greek reforms. Greece expects EU and IMF partners to accept reform promises. BoJ Gov Kuroda:...

News roundups over the weekend

Feb 22, 2015 15:28 pm UTC| Market Roundups

Greece expects EU and IMF partners will accept the reform promises - Reuters FinMin Varoufakis expects EU and IMF partners will accept reform promises "We have discussed this with our partners andI am confident the list...

Asia Open: Euro gains as euro zone extend Greece's financial rescue package by four months - 23rd February, 2015

Feb 20, 2015 21:05 pm UTC| Market Roundups

Market Roundup US Markit Mfg PMI Flash Feb 54.3, f/c 53.6, 53.9-prev CA Retail Sales MM Dec -2%, f/c -0.4%, 0.4%-prev CA Retail Sales Ex-Autos MM Dec -2.3%, f/c -0.8%, 0.7%-prev MX GDP YY Q4 2.6%, f/c 2.6%,...

U.S. Open: Markets wait for Euro zone finance ministers' meeting - 20 February, 2015

Feb 20, 2015 11:54 am UTC| Market Roundups

Market Roundup Euro hits seven-year low against sterling of 73.40 pence per euro. Greek government official says euro zone, Greece have covered 80 pct of ground, still need to agree on 20 pct at Fridays Euro group...

Europe Open: Markets wary ahead of EU's decision on Greece's request - 20 February, 2015

Feb 20, 2015 05:39 am UTC| Market Roundups

Market Roundup BoJ Gov Kuroda: Achieving 2% CPI target possible, BoJ has many policy options, systemic trust important for JGB market, real interest rates negative, to stimulate investment and consumer spending. St...

Asia Open: USD higher against major currencies, Euro group meet Friday in Brussels to consider Greece request - 20th February, 2015

Feb 19, 2015 21:18 pm UTC| Market Roundups

Market Roundup US Initial Jobless Claims w/e 283k, f/c 293k, 304k-prev US Jobless Claims 4-Wk Avg w/e 283.25k, 289.75k-prev US Continued Jobless Claims w/e 2.425m, f/c 2.374m, 2.367m-prev US Leading Index Chg MM Jan...

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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

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

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

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...

Technology

SHIB Whale Activity Surges Amid Plummeting Shibarium Transaction Volumes

While the Shiba Inu developer team continues to work on and implement key updates to the Layer-2 blockchain, Shibarium is seeing a significant drop in transaction volume, which has been ongoing for about a month. This...

AirTag With New Chip and Improved Tracking Due Next Year; No New Mac Studio, Pro Until Mid-2025: Mark Gurman

Apples upcoming AirTag, equipped with an upgraded chip and enhanced tracking, is expected to launch by mid-2025, as detailed by Bloombergs Mark Gurman. He also claimed that Apple will not update the Mac Studio and Mac Pro...

Shibarium Faces 97% Drop in Transactions, Yet Transfers Rise Steadily

While the Shiba Inu developer team continues to work on and implement key updates to the Layer-2 blockchain, Shibarium is seeing a significant drop in transaction volume, which has been ongoing for about a month. This...

High FDVs on Binance Listings Lead to Investor Losses, Analysis Reveals

An analysis of Binance listings over the past six months reveals that high fully diluted valuations often lead to token value loss, adversely affecting regular investors while benefiting insiders. VC-Backed Tokens on...
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