Nigeria’s transport network is largely in a state of disrepair due to inadequate investment over the decades, economic and population growth, and ineffective policies and plans. For instance, Tin Can and Apapa ports in Lagos…
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Until recently it was thought neutron star mergers were the only way heavy elements (heavier than Zinc) could be produced. These mergers involve the mashup of the remnants of two massive stars in a binary…
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A group of the UK’s financial regulators have outlined a series of policy measures to improve levels of diversity and inclusion in the financial sector. In a discussion paper published today (July 7), the regulators…
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Press enquiries: +41 61 280 8477[email protected] Ref no: 18/2021 The Financial Stability Board (FSB) today published a letter from its Chair, Randal K. Quarles, to G20 Finance Ministers and Central Bank Governors ahead of…
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© Reuters. (Updates with Brent settlement) By Barani Krishnan Investing.com – OPEC’s disunity could undo oil’s near-perfect rally. Crude prices tanked for a second day in a row, falling as much as 2% to extend…
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Could calling the illegal use of firearms a “public nuisance” bring an end to the gun industry’s immunity from civil lawsuits? New York will soon test that notion. State lawmakers recently amended New York’s public…
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On the internet, nobody knows you’re a dog! These words from Peter Steiner’s famous cartoon could easily be applied to the recent ransomware attack on Florida-based software supplier Kaseya. Kaseya provides software services to thousands…
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© Reuters. FILE PHOTO: Ship Ever Given, one of the world’s largest container ships, is seen after it was fully floated in Suez Canal, Egypt March 29, 2021. REUTERS/Mohamed Abd El Ghany//File Photo CAIRO (Reuters)…
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Forget about “infrastructure week” – it’s infrastructure summer. Or that seems to be the ambition of President Joe Biden as he barnstorms the country in hopes of selling the US$579 billion bipartisan infrastructure deal he…
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The Bank for International Settlements is paying out an extra dividend to its 63 central bank shareholders this year, after the rapid market recovery in 2020 generated large profits. Net profits were SDR1.2 billion ($1.7…
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