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Tue, Jul 21, 2026 02:45 AM All times are UTC

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South Africa's new plan to end power cuts is seriously flawed. Here's why

Jan 09, 2024 23:03 pm UTC| Economy

South Africa experienced unprecedented electricity shortages in 2023 as ageing coal plants became increasingly prone to breakdowns. The country urgently needs to develop new electricity generation facilities and reduce...

Consumer confidence is rising amid gloomy economic news – here's what that means and why it matters

Jan 08, 2024 22:24 pm UTC| Economy

Peoples confidence in the UKs economic outlook improved towards the end of 2023, despite continuing to battle a cost-of-living crisis. Although it has strengthened over the year to December, consumer sentiment as this...

Taxes on e-cigarettes: South Africa must strike a balance between economic arguments and health concerns

Jan 08, 2024 22:21 pm UTC| Business Economy

The 21st century has seen a massive expansion in the ways that people can consume tobacco and nicotine. Innovative new products include electronic nicotine delivery systems (ENDS or e-cigarettes) and heat-not-burn (HnB)...

Global Geopolitics Series

China's capitalist reforms are said to have moved 800 million out of extreme poverty – new data suggests the opposite

Jan 08, 2024 22:19 pm UTC| Economy Politics

It has become an article of faith among many economists that Chinas pro-market reforms of the 1980s and 1990s ushered in a sustained reduction in poverty. This narrative relies on figures from the World Bank, showing...

Why the UK census should not be replaced with alternative sources of data

Jan 08, 2024 22:18 pm UTC| Economy

Every ten years since 1801 save for a wartime interruption in 1941 the UK government has conducted a national census of England and Wales. This is a big event. The data collated in the last survey, in 2021, is still...

Climate Change Series

Global Geopolitics Series

Global triggers: why these five big issues could cause significant problems in 2024

Jan 04, 2024 04:55 am UTC| Insights & Views Economy

The tensions between the US and China made the global economy shudder in 2023. The ramifications of the Ukrainian war echoed beyond the countrys border. In Africa, the coup détat in Niger and Gabon contributed to...

Economically, Australia has been lucky – what matters now is what we do next

Jan 04, 2024 04:40 am UTC| Economy

Australia has long thought of itself as the lucky country. Whenever its economy has started to falter, a commodity boom has usually come along to restore prosperity… until in the 1980s, when the rest of the world...

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Economy

US Stock Futures Hold Steady as Tesla, Alphabet Earnings and Iran Conflict Dominate Market Focus

U.S. stock index futures traded little changed late Monday as investors prepared for a busy week of major corporate earnings while closely monitoring escalating tensions between the United States and Iran. The geopolitical...

Germany Producer Prices Rise 1.8% in June, Missing Forecasts

Germanys producer prices rose 1.8% year-over-year in June, according to data released on Monday by the countrys federal statistics office, signaling continued inflationary pressures at the factory-gate level while coming...

Hong Kong AI Stocks Rally as Moonshot AI’s Kimi K3 Launch Boosts Market Optimism

Hong Kong-listed technology and artificial intelligence stocks surged on Monday as investors cheered Chinas accelerating progress in generative AI, driven by Moonshot AIs newly launched Kimi K3 large language model and...

Asian Currencies Hold Steady as Fed Outlook Offsets Middle East Tensions

Asian currencies traded in narrow ranges on Monday as investors weighed renewed demand for the U.S. dollar following escalating tensions in the Middle East against lower U.S. Treasury yields and expectations that the...

China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven

Chinas central bank left its benchmark lending rates unchanged on Monday for the 14th straight month, in line with market expectations, as policymakers continued to prioritize monetary policy stability while navigating an...

Politics

Russia Launches Massive Missile Attack on Kyiv as Ukraine Urges More Air Defenses

Russia launched one of its largest ballistic missile attacks on Kyiv since the start of the war, killing at least one person and injuring 16 others, according to Ukrainian President Volodymyr Zelensky. The overnight...

Trump Says Qatari-Donated Air Force One Jet to Undergo Security Upgrades Soon

U.S. President Donald Trump said the Qatari-donated Boeing 747 currently serving as Air Force One will soon be sent for additional upgrades aimed at maximizing its capabilities, addressing ongoing questions about the...

Trump Calls for Review of Federal Judicial Center Climate Science Manual

U.S. President Donald Trump has called for a review of the Federal Judicial Centers (FJC) scientific reference manual related to climate change, claiming the publication contains discredited information that has...

Trump Urges Canada to Curb Ontario Wildfires, Floats Tariffs Over Smoke Impact

U.S. President Donald Trump said he urged Canadian Prime Minister Mark Carney to strengthen efforts to control the ongoing Ontario wildfires, arguing that the smoke drifting into the United States has disrupted daily life...

Hungary President Tamas Sulyok Removed After Constitutional Amendment Signed

Hungarian President Tamas Sulyok has signed a constitutional amendment that immediately ends his term in office, formalizing a major political overhaul led by Prime Minister Peter Magyar and his ruling Tisza party. The...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

SpaceX Q2 Earnings on Aug. 4 Set Stage for Historic Insider Share Unlock

SpaceX (NASDAQ: SPCX) will report its second-quarter 2026 financial results after the market closes on August 4, marking its first earnings release since its record-breaking initial public offering. The company will also...

Samsung Cuts U.S. Consumer Electronics Jobs as Headquarters Moves to Texas

Samsung Electronics has reduced its workforce in the United States as it relocates the headquarters of its consumer electronics business from New Jersey to Texas, affecting hundreds of employees while maintaining that the...

ASML Trillion-Dollar Valuation: Can Europe’s AI Chip Giant Reach the Historic Milestone?

The global artificial intelligence boom has fueled a remarkable rise in ASMLs market value, positioning the Dutch semiconductor equipment maker as Europes most valuable listed technology company. Following...

Bank of America Says These Overlooked AI Stocks Could Be the Next Winners

While semiconductor companies, AI hardware makers, and the Magnificent Seven have dominated the artificial intelligence rally, Bank of America believes the next phase of AI-driven gains could come from less obvious...

Foxconn Wins First SpaceX AI Server Contract Worth Estimated $52 Billion

Taiwans Hon Hai Precision Industry, better known as Foxconn, has reportedly secured its first contract to manufacture artificial intelligence (AI) servers for Elon Musks SpaceX, marking a major expansion of its AI...