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Political troubles ahead in Brazil

Dec 07, 2015 23:16 pm UTC| Commentary Politics

Further weakness is expected in BRL as the political situation only gets worse. The initiation of the impeachment process is a long road and only makes it more difficult to get a solution on the fiscal front. It adds more...

If abolishing China's one child policy led to more children, would it be so bad?

Dec 07, 2015 16:11 pm UTC| Insights & Views Politics

After 35 years, the Chinese government announced the abolition of its controversial one child policy for one that will allow all citizens to have up to two children. It is not clear if the lifting of the ban will actually...

Is this the end of the socialist dream in Venezuela?

Dec 07, 2015 16:05 pm UTC| Insights & Views Politics

An alliance of centre-left, centrist and right-wing opposition parties has scored a resounding victory in Venezuelas parliamentary elections marking a seismic shift for the country. Breaking two decades of dominance by...

Turkey’s democracy leaves little room for democrats

Dec 07, 2015 03:56 am UTC| Insights & Views Politics

This article is part of the Democracy Futures series, a joint global initiative with the Sydney Democracy Network. The project aims to stimulate fresh thinking about the many challenges facing democracies in the 21st...

India's GST committee tables proposals

Dec 07, 2015 02:28 am UTC| Commentary Politics Economy

In midst of the winter parliamentary session, the government is keen to gain traction on the key Goods and Services Tax (GST) bill. Passage of the latter will provide the much-needed impetus on big-ticket reforms. Towards...

Currency War Series

Taiwan's lagging recovery continues to put pressure on policymakers

Dec 07, 2015 01:58 am UTC| Commentary Economy Politics

Taiwans growth recovery remains slow and lagging. In spite of the rebound in Oct export orders, industrial production has picked up only modestly due to cyclical and structural constraints. It is production that drives...

Business big hitters highlight the huge growth in climate risk management

Dec 06, 2015 05:08 am UTC| Insights & Views Business Politics

Investors are running ahead of governments. This is arguably the most striking and encouraging statement heard so far at the Paris climate conference. It was made in a remarkable speech at a forum on private financing...

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Economy

Trump Administration Targets Mortgage-Backed Securities to Ease Housing Affordability Crunch

The Trump administration has launched a new effort to support the U.S. housing market by stepping into mortgage-backed securities (MBS) purchases, aiming to counterbalance the Federal Reserves ongoing reduction of such...

G7 Finance Ministers to Meet in Washington on Critical Minerals Supply Chains

U.S. Treasury Secretary Scott Bessent has announced that Australia and several other countries will participate in a meeting of finance ministers from the Group of Seven (G7) advanced economies in Washington on Monday,...

Stocks Hit Record Highs as Jobs Data Supports Fed Rate Cut Outlook

Global stock markets surged to fresh record highs on Friday as investors reacted positively to a U.S. jobs report that showed slower-than-expected employment growth in December, reinforcing expectations that the Federal...

Wall Street Hits Record Highs as Jobs Data Signals Resilient U.S. Economy

U.S. stock markets finished at record levels on Friday as investors digested a mixed December jobs report that still pointed to underlying economic strength. The SP 500 closed at a fresh all-time high, reinforcing optimism...

U.S. Treasury Says It Can Handle Potential Tariff Refunds if Supreme Court Rules Against Trump

The U.S. Treasury has sufficient funds to cover any potential tariff refunds if the Supreme Court rules against President Donald Trumps use of emergency powers to impose broad tariffs, Treasury Secretary Scott Bessent said...

Politics

Russia Fires Oreshnik Hypersonic Missile Near NATO Border in Escalation of Ukraine War

Russia launched a powerful Oreshnik hypersonic missile overnight at a target in western Ukraine near the border with NATO-member Poland, sharply escalating tensions and raising alarm across Europe. Ukrainian officials and...

U.S. Seizes Olina Tanker as Crackdown on Venezuelan Oil Exports Intensifies

The United States has seized the oil tanker Olina in the Caribbean, marking the fifth vessel targeted in recent weeks as Washington escalates efforts to enforce sanctions and curb Venezuelan oil exports. U.S. officials...

Trump Warns Iran as Nationwide Protests Intensify and Internet Is Shut Down

U.S. President Donald Trump issued a fresh warning to Irans leadership as anti-government protests spread across the country and authorities imposed an internet blackout to suppress unrest. Videos circulating online showed...

New York Sues Trump Administration Over Offshore Wind Project Freeze Impacting Clean Energy Goals

New York Attorney General Letitia James has filed lawsuits against the Trump administration over its decision to suspend construction on two major offshore wind projects that the state says are critical to powering 1...

Trump Says U.S. Must Control Greenland to Counter Russia and China

U.S. President Donald Trump said on Friday that the United States needs to own Greenland in order to prevent Russia or China from potentially occupying the strategically important Arctic territory in the future. Speaking...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability

The U.S. Supreme Court has agreed to hear an appeal by Cisco Systems that could significantly reshape how American companies are held liable for alleged human rights abuses committed overseas. The case centers on the scope...

FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites

The U.S. Federal Communications Commission (FCC) has approved SpaceXs request to deploy an additional 7,500 second-generation Starlink satellites, marking a major step forward in the companys mission to expand global...

xAI Cash Burn Highlights the High Cost of Competing in Generative AI

Elon Musks artificial intelligence startup, xAI, is rapidly emerging as a major player in the generative AI race, but new reports highlight the enormous financial costs behind that ambition. According to Bloomberg News,...

Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer

Nvidia (NASDAQ: NVDA) has taken a significant step in strengthening its leadership team by appointing a senior Google (NASDAQ: GOOGL) executive as its first-ever Chief Marketing Officer, signaling a strategic move as the...

EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content

The European Commission has ordered Elon Musks social media platform X, formerly known as Twitter, to retain all internal documents and data related to its built-in artificial intelligence chatbot, Grok, until the end of...