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Exclusive: Venezuela’s PDVSA cuts crude blending, output as inventories rise

Exclusive: Venezuela’s PDVSA cuts crude blending, output as inventories rise

2/2 © Reuters. FILE PHOTO: An oil tank is seen at PDVSA’s Jose Antonio Anzoategui industrial complex in the state of Anzoategui 2/2 By Luc Cohen, Mircely Guanipa and Marianna Parraga (Reuters) – Venezuela’s state-run…

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how media mythbusting can actually make false beliefs stronger

how media mythbusting can actually make false beliefs stronger

As the COVID-19 pandemic has swept the world, politicians, medical experts and epidemiologists have taught us about flattening curves, contact tracing, R0 and growth factors. At the same time, we are facing an “infodemic” –…

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Countries went on a gold-buying spree before coronavirus took hold – here’s why

Countries went on a gold-buying spree before coronavirus took hold – here’s why

The global economy was flashing danger signs long before the pandemic. For one thing, many countries were clamouring to get hold of as much gold as possible. For the past decade, they have been buying…

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Oil prices rise on supply cut hopes, easing of coronavirus lockdowns By Reuters

Oil prices rise on supply cut hopes, easing of coronavirus lockdowns By Reuters

© Reuters. FILE PHOTO: The sun sets behind a pump-jack outside Saint-Fiacre By Sonali Paul and Seng Li Peng MELBOURNE/SINGAPORE (Reuters) – Oil prices climbed on Tuesday, boosted by increasing faith in the market that…

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Pairing lasers with microwaves makes mind-bogglingly accurate electronic clocks – a potential boon for GPS, cell phones and radar

Pairing lasers with microwaves makes mind-bogglingly accurate electronic clocks – a potential boon for GPS, cell phones and radar

Time and frequency standards are a key part of technologies we have come to rely on in our daily lives, from GPS navigation and cellphone networks to the electrical power grid. The importance of these…

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A big effort to invest in education will pay off in the long term for South Africa

A big effort to invest in education will pay off in the long term for South Africa

South Africa’s economy has consistently been a two-speed economy. It has one of the highest inequality rates in the world, characterised by gaps in opportunities for its citizens and by severe poverty lasting from one…

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Gold Prices Slip Amid European Reopenings, Dollar Strength By Investing.com

Gold Prices Slip Amid European Reopenings, Dollar Strength By Investing.com

© Reuters. By Geoffrey Smith  Investing.com — Gold prices slipped on Monday as signs of economic life in Europe encouraged a friendlier tone towards risk assets and dampened demand for havens. By 9:26 AM ET (1326…

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Tragedy of errors

Tragedy of errors

Over the years, the International Monetary Fund ( IMF) has repeatedly drawn attention to  the urgency of improving  governance within the Bank of Mauritius ( BOM). Limitation of moral hazard by ensuring the BOM does…

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How the US government seized all citizens’ gold in 1930s

With global financial markets in disarray, many investors are turning to classic safe havens. Gold is trading above US$1,750 (£1,429) per troy ounce, which is the standard measure – more than 15% above where it…

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Can’t resist splurging on online shopping? Here’s why

Can’t resist splurging on online shopping? Here’s why

The demand for online shopping has obviously increased since COVID-19 restrictions were put in place. But less obvious are the subtle psychological drivers behind our collective online shopping splurge. In fact, online shopping can relieve…

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