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Tue, Nov 26, 2024 06:38 PM All times are UTC

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Watch out for Saudi Arabia’s big bond sale this week

Oct 17, 2016 09:48 am UTC| Commentary Economy

Lets first answer the question Why do you need to watch out for the bond sale? Reasons are several for example it is the first international bond sale by the government but most importantly it would be a judgment from...

EUR/PLN likely to move back towards 4.35 mark over the coming quarter, says Commerzbank

Oct 17, 2016 09:43 am UTC| Commentary Economy

EUR/PLN is expected to move back towards the 4.35 mark over the coming quarter, after having slipped on Friday, following disappointment in the current account data during the month of August. Polands current account...

Indonesian exports decline in September following sluggish commodity prices

Oct 17, 2016 09:11 am UTC| Commentary Economy

Exports in Indonesia declined during the month of September, as sluggish commodity prices weighed on the countrys export earnings, government revenue, company profits and peoples purchasing power. Also, imports fell as...

U.K. house prices rise in October, London remains worst performer

Oct 17, 2016 08:57 am UTC| Commentary Economy

Housing prices in the United Kingdom rose during the month of October, although revealing the second-weakest performance out of the nine areas surveyed and London remaining the countrys worst performing region. Asking...

Retroactive laws pose biggest threats to creditor rights in CEE economies

Oct 17, 2016 08:25 am UTC| Commentary Economy

Creditor rights in the Central and Eastern European (CEE) countries remains a weakling, with retroactive laws and sluggish courts defining the biggest threats to such rights in the region. No major changes in creditor...

Fundamentals to watch out for this week

Oct 17, 2016 06:56 am UTC| Commentary Economy Central Banks

This week is quite risk heavy; filled with key economic dockets and central bank events. What to watch for over the coming days: US earnings: Earnings season remains in focus. SP 500 as well as, stocks around...

Indian economy grows at premium, outperforms Asian peers, remains resilient to global headwinds

Oct 17, 2016 06:50 am UTC| Economy Commentary

The Indian economy has been growing at a premium to other emerging Asian economies during the recent years, largely owing to a mix of structural as well as cyclical tailwinds. This has resulted in the economy remaining...

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Economy

Mexico Blasts Trump’s Tariffs: ‘This Won’t Stop Migrants or Drugs!’—Tensions Surge in Border Standoff

The Mexican government has strongly criticized former President Donald Trumps proposed tariffs, arguing they will fail to curb the flow of migrants and drugs across the border. The sharp response highlights escalating...

Economic Shockwaves: How Trump's Tariffs Could Affect Your Wallet

President-elect Donald Trump has announced new tariff plans that will affect trade with Canada, Mexico, and China. Here are the main points: Tariff Plans: 25% Tariff on Canada and Mexico:Starting January 20, Trump...

FxWirePro- Major Economic events for the day

Time (UTC) Currency Indicator Previous Forecast 12:01am GBP BRC Shop Price Index...

Tesla Out of California’s EV Tax Credit Plan? Shocking Exclusion Sparks Debate Over Federal and State Policies

Californias new EV tax credit proposal may exclude Tesla, despite its dominance in the electric vehicle market. Governor Gavin Newsom suggests the move would encourage competition, as federal subsidy changes loom under...

Nvidia's Fugatto AI Transforms Voices and Sounds, Ushering in a New Audio Era

Nvidia on Monday introduced Fugatto, a groundbreaking AI model that transforms voices and generates new sounds from text descriptions. Aimed at revolutionizing audio creation in music, film, and gaming, Fugatto showcases...

Politics

Trump’s Tariff Plan Will ‘Reignite Inflation’—Economists Sound Alarm Over Sweeping Import Taxes

President-elect Donald Trump has announced sweeping new tariffs on goods imported from Mexico, Canada, and China as a cornerstone of his economic and foreign policy strategy. The proposed measures, which include a 25%...

Trump’s Stunning Win ‘Makes Patriotism Cool Again,’ Say Critics as Cultural Divide Deepens

Donald Trumps victorious return to the presidency has sparked a cultural shift, reigniting patriotism among Americans, particularly young voters. For years, openly expressing love for the country was often perceived as...

Biden's Bold Move: New Rule Permits HIV-Positive Organ Transplants, Sparking Debate Over Medical Breakthroughs

In a landmark decision aimed at addressing the nationwide organ shortage, the Biden administration announced a new rule on Tuesday permitting organ transplants between HIV-positive donors and HIV-positive recipients. U.S....

Matt Gaetz Replacement Race Heats Up: Trump Endorses ‘Seafood Tycoon’ Jimmy Patronis—But Will Florida Decide Differently?

The race to replace former U.S. Representative Matt Gaetz is intensifying, with Floridas Chief Financial Officer Jimmy Patronis emerging as a front-runner. Gaetz, who resigned on November 13 after being nominated as U.S....

Jack Smith to Release Final Trump Investigation Report Before Swearing-In: 'Details Could Shake Washington to Its Core!

Special Counsel Jack Smith is set to release his final report on the federal investigations into former President Donald Trump before January 20, according to a CNN report. This document is expected to provide a...

Science

From using plant rinds to high-tech materials, bike helmets have improved significantly over the past 2 centuries

Imagine its the mid-1800s, and youre riding your high-wheeled, penny-farthing bicycle down a dusty road. Sure, it may have some bumps, but if you lose your balance, youre landing on a relatively soft dirt road. But as the...

Why does everything look flat even though the Earth is round?

Ever since the ancient Greeks first made observations of the circular Moon and the skies, scientists have known that the Earth is a sphere. Weve all seen beautiful images of the Earth from space, some photographed by...

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Technology

OpenAI's Sora Sparks Artist Backlash: 'We’re Not Free Bug Testers for Billion-Dollar Brands'

OpenAIs early access program for Sora, a generative AI tool marketed as a creative partner for artists, is facing severe criticism. Artists participating in the program allege that the initiative prioritizes corporate...

Google’s Online Ad Empire Under Fire: DOJ Demands Action as Antitrust Battle Reaches Final Stage

The Justice Department closed its case against Google, accusing the company of monopolizing digital ad markets. If the judge rules against Google, the tech giant could be forced to divest its Ad Manager platform in a...

Bitcoin Slides to $95K, XRP Falls Over 10% Amid $495M Liquidation Wave Impacting 197K Traders

The cryptocurrency market suffered a $495 million liquidation wave in the past day, driven by steep corrections in Bitcoin and XRP. Bitcoin fell to $95,000, triggering mass sell-offs, while XRP plunged over 10%. Amid...

Shiba Inu Whales Dominate Market With $300M in Transactions Despite 9% Price Drop

Large Shiba Inu transactions surged by 148% in 24 hours, reaching $300.98 million. Despite this, SHIBs price has declined 9.05% to $0.00002486, signaling cautious sentiment in a bearish cryptocurrency market. Shiba Inu...

Tesla Turns Shell Gas Station in Spain Into a Sleek Supercharger Hub, Redefining EV Charging

Tesla has transformed a Shell gas station in Cordoba, Spain, into a striking Supercharger hub, marking a bold shift in EV infrastructure and pushing the boundaries of traditional fueling spaces. Tesla Converts Shell...