Interest rates were remarkably stable in ancient societies. It has been argued that this was because they reflected the local system of numerical fractions. Classical Greece had a “normal” interest rate of 10% per annum…
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Millipedes were the first land animals, and today we know of more than 13,000 species. There are likely thousands more species of the many-legged invertebrates awaiting discovery and formal scientific description. The name “millipede” comes…
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© Reuters. FILE PHOTO: A member of the Secret Service walks along security fence installed around the White House days after supporters of U.S. President Donald Trump stormed the Capitol in Washington, U.S., January 11,…
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One of the main concerns raised by critics of President Joe Biden’s Build Back Better plan is that it will drive up inflation, which is already running at the fastest pace in four decades. The…
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As the climate changes, negative environmental effects are being felt and seen around the world. The effect that climate change has on mental health is less immediately obvious or visible. Often termed climate anxiety or…
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Press enquiries: +41 61 280 8477[email protected] Ref: 45/2021 The Financial Stability Board (FSB) today published the Global Monitoring Report on Non-Bank Financial Intermediation 2021. The report presents the results of the FSB’s annual monitoring…
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The vice-chair of the Federal Reserve Board, Richard Clarida, has dismissed fears that US inflation rates would run out of control. Speaking to the Institute of International Finance on October 12, Clarida said “stagflation is…
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© Reuters. FILE PHOTO: A sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus…
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Cellphones in the workplace can be a distraction – but they could also save your life. In the aftermath of a devastating tornado ripping through an Amazon warehouse in Edwardsville, Illinois, on Dec. 10, 2021…
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Museums don’t often feature on vacation itineraries. That’s probably because people think of these spaces as dull houses of antiquities. But there are few better ways to learn about a country’s history, its people and…
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