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Sat, Jun 29, 2024 11:34 AM All times are UTC

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US Q2 GDP estimates will likely be revised higher

Jun 11, 2015 14:57 pm UTC| Commentary

U.S. consumer spending beat expectations handily in May. U.S. retail sales jumped 1.2% in the month, the second fastest pace in over a year, with nearly all store types benefiting from stronger spending. And, there were...

Few encouraging words and actions on Greece

Jun 11, 2015 12:06 pm UTC| Commentary

While most news and commentaries are pessimistic and frustrating, few encouraging words of hope surrounds the Greek negotiation too. With so many communications, comments, counter-comments flowing the air it is...

Gradually improving euro area lending supports TLTRO demand

Jun 11, 2015 11:54 am UTC| Commentary

The weakness in EA monetary aggregates and bank lending dynamics have been a drag for the EA recovery, largely reflecting the deleveraging and balance sheet repair in the private sector - a process that it is not complete....

ECB's TLTRO 4.0 feeding rising loans demand

Jun 11, 2015 11:41 am UTC| Commentary

On 18 June, the ECB will conduct its fourth TLTRO (targeted longer-term refinancing operation). At the previous three operations, the ECB allotted a total of 310bn. A take-up of about 80bn at the upcoming operation. This...

China faces slower growth and rising NPLs

Jun 11, 2015 11:26 am UTC| Commentary

China is heading for slightly slower GDP growth than in 2014. In the current slower-growth period, increasing non-performing loans (NPLs) are expected to seen as a consequence of past excesses in credit growth, says...

Not all Malaysia's external debt is created equal

Jun 11, 2015 11:00 am UTC| Commentary

Malaysias external debt metrics have worsened most notably since 2007. This has, however, been more driven by Malaysias rise as a key component inmost international bond benchmark indices, which led to a spike in foreign...

Indonesia’s external-sector risks as FOMC hikes approach

Jun 11, 2015 10:58 am UTC| Commentary

Indonesias current account deficit has reduced the degree of freedom for policy makers to support growth. Bank Indonesia (BI) has instead had to focus on deficitfinancing through keeping interest rates high, thus slowing...

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Economy

For the next prime minister to solve the UK’s productivity problem, they must attract more foreign investment – here’s how

The British economy has a serious productivity problem that will have to be addressed by the next government. According to data from the OECD (the Organisation for Economic Co-operation and Development), productivity...

Brexit boredom is one thing – but there’s a real problem when Britain’s leaders won’t even talk about Europe anymore

British politics has, in recent years, been plagued by two competing forces when it comes to Europe. On one side, there is an understanding that the UK and the EU need to rub along, because of their proximity and...

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...

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

SpaceX to Help NASA Deorbit ISS; Starlink Lands Major Comcast Business Partnership

SpaceX will develop the U.S. Deorbit Vehicle so that NASA can safely deorbit the ISS by 2030. Meanwhile, SpaceX Starlink secures a significant partnership with Comcast Business to enhance rural connectivity. NASA Taps...

Japan Discovers 230 Million Ton Manganese Deposits, Boosting EV Battery Industry

Japan has discovered 230 million tonnes of manganese deposits near Minami-Torishima Island, potentially transforming its EV battery industry by significantly reducing reliance on imports and providing enough cobalt and...

Keeping astronauts healthy in space isn’t easy − new training programs will prepare students to perform medicine while thousands of miles away from Earth

In the coming decade, more people will go to space than ever before as human spaceflight enters a new era. NASA, the European Space Agency and other governmental agencies are partnering to develop crewed missions beyond...

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...

Some of Earth’s most ancient lifeforms can live on hydrogen – and we can learn from their chemical powers

Three-quarters of all matter in the universe is made up of hydrogen. The young Earth was also rich in hydrogen, thanks to fierce geological and volcanic activity. Just as stars burn hydrogen to produce heat and light...

Technology

Peter Thiel Doubts Significant Bitcoin Price Surge, Questions Cypherpunk Vision

Peter Thiel, former CEO of PayPal, expressed doubts about Bitcoins potential for significant price increases and questioned whether its cypherpunk, crypto-anarchist vision will ever be fully realized. Peter Thiel...

Pixelverse Launches PIXFI Token on TON as PixelTap Gains Massive Popularity

Pixelverse, a cyberpunk-themed crypto gaming ecosystem, has unveiled the PIXFI token on The Open Network (TON). This launch aims to support its rapidly growing Telegram game, PixelTap, which combines clicker and combat...

Lease the 2024 Hyundai IONIQ 5 for Less Than the Cheapest Car in the US

Hyundai is revolutionizing the electric vehicle market with its 2024 IONIQ 5, now available for lease at a price lower than the Nissan Versa, the most affordable car in the US. With substantial incentives driving down...

Sneak Peek: Samsung’s Galaxy Z Fold 6 & Z Flip 6 Color Options and Cases Leak Before Unpacked 2024

Days before Samsungs Galaxy Unpacked 2024 event in Paris, leaked images have unveiled the Galaxy Z Fold 6 and Z Flip 6 color options. Renowned tipsters Evan Blass and WinFuture shared detailed views, revealing a boxier...

Bitcoin Miner Sell-Off Eases with 85% Drop in Withdrawals After Halving

Bitcoin miner withdrawals have plummeted nearly 90% since the April halving, significantly reducing sell pressure. According to CryptoQuant, the decline in withdrawals from miner-affiliated wallets signals a potential...