Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Insights & Views

Wed, May 01, 2024 05:10 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Greek economy stands far from recovery

Jun 02, 2015 12:35 pm UTC| Insights & Views

While Greek government and Euro zone officials hold talks on Greek bailout program, hard data points that Greece still stands far from recovery. Latest PMI repost from Markit economics indicated that business conditions...

RBA holds steady, while government provides wage hike

Jun 02, 2015 12:14 pm UTC| Insights & Views

Reserve Bank of Australia (RBA) has refrained from lowering the borrowing cost below 2% and its statement though maintain overall easing bias, did not provide any further indication that the bank will follow sit its easing...

Ruble gets flexi-mechanism in FX derivatives market

Jun 02, 2015 12:07 pm UTC| Insights & Views

Russian Exchange reduces initial margin rates for the FX derivativesMinimum initial margin requirements were increased in December 2014 in response to substantial volatility in the ruble exchange rate and on the...

USD/KRW taking support at channel line; Synthetic Split Futures to hedge

Jun 02, 2015 11:32 am UTC| Insights & Views

The pair both on daily as well as weekly chart is testing a crucial resistance of middle channel lines. Double top formation on this pair can also be traced out on weekly graph and the pair oscillates nearby 1st peak at...

“Korean inflation” room for monetary easing

Jun 02, 2015 11:30 am UTC| Insights & Views

Inflation YoY: This is inched up to 0.5% in May which is in line with the forecast but little higher than the consensus expectation 0.4%. The increase was mainly due to by food prices which compensate the pull from lower...

Consumers are biggest loser in India

Jun 02, 2015 11:11 am UTC| Insights & Views

Today Reserve bank of India (RBI) Governor Raghuram Rajan delivered a third interest rate cut this year as inflation eased. However that is unlikely to bring any major benefits to consumers. Indian corporate sector...

Reforms and policy easing fails to boost sentiment in India

Jun 02, 2015 10:37 am UTC| Insights & Views

Indian consumers are less optimistic in May over economic outlook, in spite of easing bias by Reserve Bank of India. New reform focused government failed to boost business sentiment too. The MNI India Consumer Sentiment...

2661 2662 2663 2664 2665 2666 2667 2668 2669 2670

Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

The Mattei Plan: why Giorgia Meloni is looking to Africa

Since coming to power, Giorgia Melonis government has been remarkably orthodox in its foreign policy. Unwavering support for Ukraine, loyalty to the Atlantic Alliance and full participation in the European Union - these...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Military conscription is returning to Europe, but is it really a more equal way of mobilising? What history tells us

The idea that conscription, defined as the compulsory enlistment of citizens for military service, can increase equality and instil a sense of solidarity that transcends traditional societal divides has echoed throughout...

The 50th anniversary of Portugal’s Carnation Revolution

Across Portugal, a number of photography exhibitions are currently on display that commemorate the ousting of the Estado Novo, the dictatorial, authoritarian and corporatist political regime that had ruled the country...

Science

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

Elon Musk Fires EV Supercharger Staff, Explains Reason for the Team’s Disbandment

Elon Musk disbanded Teslas EV Supercharger team amid company-wide layoffs affecting employees worldwide. The 52-year-old Tesla chief also terminated senior executives. The CEO demolished part of the unit responsible for...

Tesla Expands Semi Trials to Sysco After PepsiCo Success

Teslas Semi has once again exceeded expectations with food distribution giant Sysco, marking a significant step beyond its initial partnership with PepsiCo. Photographed in California, the Tesla Semis trial demonstrates...

Blockstream CEO Adam Back Highlights Unique Aspects of Hong Kong's Bitcoin, Ethereum ETFs

Adam Back, CEO of Blockstream, recently detailed the unique characteristics of Hong Kongs newly launched Bitcoin and Ethereum ETFs on X, emphasizing their in-kind redemption model, which sets them apart from their U.S....

Massive 624 Billion SHIB, PEPE Purchase by Whales Could Signal More Rallies

Recent on-chain data reveals that whales have amassed 624 billion SHIB and PEPE coins, injecting a wave of optimism and triggering speculation about sustained upward trends in the prices of these meme coins. Whales...

Binance's CZ Partners with OpenAI's Altman on AI Investment Venture

Changpeng Zhao, the former CEO of Binance, is engaging in strategic talks with OpenAI CEO Sam Altman to explore potential investments in artificial intelligence. This collaboration comes as Zhao faces significant legal...