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CBDC may be ‘necessary’ to safeguard competition – BoC paper

CBDC may be ‘necessary’ to safeguard competition – BoC paper

Central bank digital currency may be a necessary response to the decline in competition in the digital economy, staff at the Bank of Canada argue. “Without a public digital payment option, current problems related to…

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U.S. Crude Oil Stockpiles up Unexpectedly, First Time in 9 Weeks By Investing.com

U.S. Crude Oil Stockpiles up Unexpectedly, First Time in 9 Weeks By Investing.com

© Reuters. (New throughout, with market settlements) By Barani Krishnan and Liz Moyer Investing.com — Oil prices jumped 5% on Wednesday, rising even after a surprise build in crude stockpiles that snapped eight weeks of…

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One of America’s deepest downturns was also its shortest after bailout-driven bounceback

One of America’s deepest downturns was also its shortest after bailout-driven bounceback

Thanks to a roaring economy, plunging joblessness and a consumer spending spree, it probably won’t come as a surprise that the COVID-19 recession is officially over. We didn’t know this, formally, however, until July 19,…

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How does the Pegasus spyware work, and is my phone at risk?

How does the Pegasus spyware work, and is my phone at risk?

A major journalistic investigation has found evidence of malicious software being used by governments around the world, including allegations of spying on prominent individuals. From a list of more 50,000 phone numbers, journalists identified more…

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Oil Down as Investors Digest Surprise Build in U.S. Crude Supplies By Investing.com

Oil Down as Investors Digest Surprise Build in U.S. Crude Supplies By Investing.com

© Reuters. By Gina Lee Investing.com – Oil was down Wednesday morning in Asia, with investors digesting a and continuing to assess the impact of surging COVID-19 cases on fuel demand. were down 0.46% to…

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Tokyo 2020 – how Japan’s bid for soft power victory has been roundly defeated by the pandemic

Tokyo 2020 – how Japan’s bid for soft power victory has been roundly defeated by the pandemic

Even before it begins, holding the Olympic Games in Tokyo has felt like an energy-sapping endurance event. Originally scheduled for last summer and postponed due to the pandemic, the decision to go ahead has been…

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Suptech strategy: the seven missing links

Suptech strategy: the seven missing links

In a chain of events driven by new technology, one may sometimes get an eerie feeling of events preceding their cause. So, when it comes to designing a strategy for supervisory technology (suptech), it’s always…

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Oil Steadies After Epic Loss; Focus on U.S. Stockpiles By Investing.com

Oil Steadies After Epic Loss; Focus on U.S. Stockpiles By Investing.com

© Reuters. By Barani Krishnan Investing.com – Oil prices rose about 1% on Tuesday as bulls tried to find their footing after the epic losses of the previous session. The focus returned to the release…

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the ultimate symbol of capitalism’s flawed obsession with growth

the ultimate symbol of capitalism’s flawed obsession with growth

Mars ain’t the kind of place to raise your kids, laments the Rocket Man in Elton John’s timeless classic. In fact, it’s cold as hell. But that doesn’t seem to worry a new generation of…

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A new image shows jets of plasma shooting out of a supermassive black hole

A new image shows jets of plasma shooting out of a supermassive black hole

In 2019, when astronomers captured the first image of a black hole’s shadow — a bright orange doughnut-shaped halo created by the black hole’s intense gravity bending light around it — it was rightly hailed…

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