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FSB Commonwealth of Independent States (CIS) group discusses risks relating to high debt levels and crypto assets

FSB Commonwealth of Independent States (CIS) group discusses risks relating to high debt levels and crypto assets

Press enquiries: +41 61 280 8477[email protected] Ref: 34/2021 The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Commonwealth of Independent States (CIS) held a virtual meeting today. Members discussed vulnerabilities in…

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Mexico prepared to escalate auto content dispute with U.S, minister says By Reuters

Mexico prepared to escalate auto content dispute with U.S, minister says By Reuters

2/2 © Reuters. FILE PHOTO: Mexican Economy Minister Tatiana Clouthier gestures during an interview with Reuters in Mexico City, Mexico, on January 11, 2021. REUTERS/Dave Graham 2/2 By Sharay Angulo MEXICO CITY (Reuters) -Mexico’s Economy…

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Biden taps the Strategic Petroleum Reserve – What is it? Where did it come from? And does the US still need it?

Biden taps the Strategic Petroleum Reserve – What is it? Where did it come from? And does the US still need it?

President Joe Biden ordered a release of oil from its Strategic Petroleum Reserve on Nov. 23, 2021, as a part of a coordinated effort with five other countries to tamp down rising fuel prices. The…

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RBI’s training college for supervisors goes fully operational

RBI’s training college for supervisors goes fully operational

The Reserve Bank of India has formed a training college for supervisors, as part of a broader attempt to strengthen its supervisory work. The college has been conducting limited teaching online since May 2020, but…

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China non-committal on U.S. ‘drop in the ocean’ oil release By Reuters

China non-committal on U.S. ‘drop in the ocean’ oil release By Reuters

© Reuters. FILE PHOTO: A China Ocean Shipping Company (COSCO) vessel is seen near oil tanks at the China National Petroleum Corporation (CNPC)’s Dalian Petrochemical Corp in Dalian, Liaoning province, China October 15, 2019. REUTERS/Stringer.…

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The thousands of vulnerable people harmed by Facebook and Instagram are lost in Meta’s ‘average user’ data

The thousands of vulnerable people harmed by Facebook and Instagram are lost in Meta’s ‘average user’ data

Fall 2021 has been filled with a steady stream of media coverage arguing that Meta’s Facebook, WhatsApp and Instagram social media platforms pose a threat to users’ mental health and well-being, radicalize, polarize users and…

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Science changes — and so should rational behaviour

Science changes — and so should rational behaviour

The world around us, and the way researchers study and understand it, changes all the time. The constant change means that what we know through science also shifts. Take the airborne nature of SARS-CoV-2: early…

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Defining what’s ethical in artificial intelligence needs input from Africans

Defining what’s ethical in artificial intelligence needs input from Africans

Artificial intelligence (AI) was once the stuff of science fiction. But it’s becoming widespread. It is used in mobile phone technology and motor vehicles. It powers tools for agriculture and healthcare. But concerns have emerged…

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Biden re-nominates Powell as Fed chair

Biden re-nominates Powell as Fed chair

US president Joe Biden announced he would nominate Jerome Powell for a second term as chair of the Federal Reserve Board of Governors today (November 22), ending a period of feverish speculation over the role.…

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Shale oil’s slower investment sparks new tension with White House By Reuters

Shale oil’s slower investment sparks new tension with White House By Reuters

© Reuters. FILE PHOTO: Chevron fracking site near Midland, Texas, U.S. August 22, 2019. REUTERS/Jessica Lutz By Liz Hampton (Reuters) – As the Biden administration and allies scramble to deliver more oil to market through…

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