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Wed, Jun 26, 2024 01:37 PM All times are UTC

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Wage dynamics suggest contraction of Brazil consumption GDP

Jun 19, 2015 17:59 pm UTC| Commentary

According to data from CAGED, Brazils employment register 115,599 jobs were eliminated in Brazil in May, compared to the creation of 58,836 positions in May 2014. Wage dynamics remain negative, as the average hiring salary...

Market movers ahead

Jun 19, 2015 17:37 pm UTC| Commentary

Danske Bank Markets:The market will be watching the emergency EU summit scheduled for Monday for a possible deal between Greece and its creditors to extend the Greek bailout.In China, we expect the HSBC manufacturing PMI...

Canadian household spending appears to be struggling to jump back from a lull hit in Q1

Jun 19, 2015 17:33 pm UTC| Commentary

Total Canadian retail sales edged down 0.1% m/m in April, following two months of modest gains. Stripping away prices, real retail sales were down a more 0.2% in the month and are still 0.8% below the peak reached in...

Strong dollar a headwind to businesses, but a tailwind to consumers

Jun 19, 2015 17:20 pm UTC| Commentary

A strong dollar is a key factor for economic outlook. The dollar has risen considerably over the past year especially relative to the currencies of other advanced economies. On a broad trade-weighted basis, the dollar is...

Big downside miss in Canada retail sales will overshadow the small CPI upside surprise

Jun 19, 2015 16:55 pm UTC| Commentary

The two big releases for Canada this week flashed mixed results, as CPI inflation was a tad stronger than expected in May while retail sales were considerably weaker than expected in April, perhaps weighed by the Target...

USD review

Jun 19, 2015 16:18 pm UTC| Commentary

Western Union notes:The dollar bounced above one-month lows though sentiment was still shaky. Mostly worrisome Greek headlines dominated news flows Friday which worked in the safer dollars favor. The dollars mixed...

CAD review

Jun 19, 2015 16:17 pm UTC| Commentary

Western Union notes:The loonies rise this week to one-month highs had more to do with the weaker dollar south of the border than Canadas own economic merit.The loonie lost ground after core inflation slowed a tick to 2.2...

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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

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...

2024's Most Profitable Crypto Sectors: Memecoins and Tokenization Dominate

Data from BitEye, CoinGecko, and Wu Blockchain reveal that memecoins led the crypto market with a 1,834% return in the first half of 2024. Memecoins: Leading the Crypto Pack Per Cointelegraph, memecoins have...

Tesla Model 3 Lease Costs Less Than New Toyota Camry Lease

Teslas latest lease offer makes the 2024 Model 3 more affordable than the redesigned Toyota Camry. Leasing the base Model 3 Standard Range RWD costs $299 monthly, significantly lower than the Camrys lease rate, making it a...

Blast Network's June 26 Airdrop: Early Users to Get 17% Token Allocation

Blast network, an Ethereum layer-2 solution, will commence its airdrop on June 26, distributing 17% of the token supply to early users. Early Users Set to Benefit from Blasts Airdrop The Ethereum layer-2 Blast...