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What's the real risk from consumer drones this holiday season?

Dec 15, 2015 00:00 am UTC| Insights & Views Technology

This holiday season, the Federal Aviation Administration (FAA) is estimating that over one million small Unmanned Aerial Systems (sUASs) drones, to the rest of us will be sold to consumers. But as hordes of novice pilots...

Janet Yellen's Goldilocks rate rise: lining up the politics and economics

Dec 14, 2015 23:58 pm UTC| Insights & Views Central Banks

On Thursday morning, the Federal Reserve is expected to announce its first increase in US interest rates for nearly a decade. Since the onset of the global financial crisis, the bellwether federal funds rate has been...

How emissions trading at Paris climate talks has set us up for failure

Dec 14, 2015 18:13 pm UTC| Insights & Views Business Nature

The Paris Agreement has mostly been greeted with enthusiasm, though it contains at least one obvious flaw. Few seem to have noticed that the main tool mooted for keeping us within the 2℃ global warming target is a...

Why soft climate deals are better than tough ones

Dec 14, 2015 17:18 pm UTC| Insights & Views

The Paris climate talks have been heralded as a historic deal. But while they have been praised for the very feat of reaching an agreement and for setting an ambitious aim to keep warming below 2℃ and endeavouring to limit...

What low interest rates have done for the world – and the likely effects of a rise

Dec 14, 2015 16:36 pm UTC| Insights & Views Central Banks

With the US Federal Reserve seemingly set on raising interest rates, its time to take stock of what low rates have done for the world. And what the prospects are when this era of low interest rates comes to an...

Why the actions of South Africa's president have rendered him a lame duck

Dec 14, 2015 16:23 pm UTC| Insights & Views Politics

Mayhem is the only word that can describe President Jacob Zumas shock reversal of the appointment of almost-minister of finance Desmond van Rooyen. Markets welcomed the move to a well-known and trusted Pravin Gordhan, the...

Dollar’s longs reflecting desperate gains upon Yellen’s move

Dec 14, 2015 12:42 pm UTC| Insights & Views Central Banks

The large majority of price sensitive market participants still seem to be betting on USD longs. However, these only have a reasonable risk reward profile medium term. I doubt that nobody will square their USD-long...

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Economy

Wall Street Mixed as Treasury Yields Rise After Fed Hike

Wall Street traded mixed on Friday as investors paused after the strongest session in more than a month, while rising U.S. Treasury yields and quadruple witching kept market volatility in focus. Quadruple witching marks...

Bessent Presses Japan on Fiscal Policy as Yen Struggles

U.S. Treasury Secretary Scott Bessent has pushed Japan to tighten fiscal policy and support higher interest rates as Washington and Tokyo work to stabilize the yen and limit risks in global bond markets. Japanese Finance...

Yen Slides After BOJ Rate Hike as Dollar Holds Near Seven-Week High

Asian currencies traded mixed on Friday, with the Japanese yen weakening despite a Bank of Japan interest rate hike, while a hawkish Federal Reserve outlook kept the U.S. dollar supported near a seven-week high. The U.S....

Asian Gold Stocks Rise as Bullion Rebounds on Softer Dollar

Asian gold stocks advanced on Friday as bullion extended its recovery from a nearly six-week low, supported by falling oil prices, lower Treasury yields and a weaker U.S. dollar. However, expectations for additional...

Venezuela Nears Deal to Move $4 Billion in Gold to New York Fed

Venezuelas government and opposition are nearing an agreement to transfer roughly $4 billion worth of the countrys gold reserves from the Bank of England to the Federal Reserve Bank of New York, potentially ending a...

Politics

Trump Bans CNN, MS NOW and Politico From White House

President Donald Trump said Friday that CNN, MS NOW and Politico would be banned from the White House, escalating his administrations long-running dispute with major news organizations over their coverage. Trump announced...

South Korea’s Lee Rules Out Military Role in Middle East War

South Korean President Lee Jae Myung said Friday that Seoul will not deploy military forces to the Middle East in any capacity that could pull the country into war, while confirming that officials are considering a greater...

Najib Razak Granted House Arrest Until 2028

Malaysias pardons board has agreed to allow jailed former Prime Minister Najib Razak to serve the remainder of his prison sentence under house arrest, according to a statement from the prime ministers legal department on...

Houthis Seize Bab el-Mandeb as Military Power Grows

Yemens Houthi movement has strengthened its position as a major regional military force after a rapid offensive gave it control of the strategically important Bab el-Mandeb Strait, a critical passage connecting the Red Sea...

Pentagon Restarts Testosterone Testing for US Troops

The Pentagon is reinstating mandatory testosterone deficiency screening for U.S. service members aged 30 and older, reviving a controversial military health policy that has drawn concerns from medical professionals over...

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

Westinghouse Targets $50 Billion Valuation in U.S. IPO

Westinghouse Electric Co. is seeking a valuation of more than $50 billion for its planned U.S. initial public offering, as the nuclear technology company moves closer to a public market debut amid growing interest in...

NASA, Boeing Discuss Expanding Starliner Missions

NASA is holding discussions with Boeing about expanding the use of its Starliner spacecraft for future missions, potentially giving the troubled vehicle a larger role in U.S. human spaceflight plans. The space agency and...

Apple Pay Set for India Launch With Axis Bank

Apple is preparing to launch Apple Pay in India next month, initially partnering with Axis Bank to support the lenders credit cards, according to three people familiar with the plans. The rollout would bring Apples digital...

Hyundai CEO Warns Chinese Automakers Could Disrupt US Market

Hyundai Motor CEO Jose Munoz warned that Chinese automakers could eventually reshape the US auto market as they have in Europe unless Washington maintains tariffs and other market-access protections. Speaking in San Jose,...

US Federal Register Drops Alibaba Qwen AI Search Tool

A U.S. government website used an artificial intelligence model developed by Chinas Alibaba to help users search federal regulatory information, despite recent U.S. concerns about Chinese AI companies and their use of...
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