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FSB and IMF outline comprehensive approach to identify and respond to macroeconomic and financial stability risks associated with crypto-assets

FSB and IMF outline comprehensive approach to identify and respond to macroeconomic and financial stability risks associated with crypto-assets

Press enquiries: +41 61 280 8486press@fsb.org Ref: 26/2023 Joint paper synthesises risks and policy findings from IMF work on macroeconomic and monetary issues and FSB work on financial stability risks related to crypto-assets.…

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new synchronisation research shows nature’s perfect timing is all about connections

new synchronisation research shows nature’s perfect timing is all about connections

Getting in sync can be exhilarating when you’re dancing in rhythm with other people or clapping along in an audience. Fireflies too know the joy of synchronisation, timing their flashes together to create a larger…

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PBoC developing interoperable QR codes for digital yuan

PBoC developing interoperable QR codes for digital yuan

The People’s Bank of China (PBoC) is working on rolling out unified QR code standards that would enable payments using its central bank digital currency (CBDC), the digital yuan. Under the plans, people would be…

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Oil prices inch up with U.S. inventory draw, China imports in focus By Investing.com

Oil prices inch up with U.S. inventory draw, China imports in focus By Investing.com

© Reuters. Investing.com– Oil prices rose slightly in early Asian trade on Thursday, sticking to 10-month peaks as signs of another draw in U.S. inventories added to expectations that global crude supplies will tighten further…

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California and Florida grew quickly on the promise of perfect climates in the 1900s – today, they lead the country in climate change risks

California and Florida grew quickly on the promise of perfect climates in the 1900s – today, they lead the country in climate change risks

Images of orange groves and Spanish-themed hotels with palm tree gardens filled countless pamphlets and articles promoting Southern California and Florida in the late 19th century, promising escape from winter’s reach. This vision of an…

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China’s answer to Amazon is already Australia’s most popular free app. What makes it so addictive?

China’s answer to Amazon is already Australia’s most popular free app. What makes it so addictive?

If you spend much time online you’ve probably seen one of Temu’s colourful ads – punctuated by its catchy tagline: “shopping like a billionaire”. Temu specialises in selling various everyday items, including clothing, toys and…

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Oil prices shuffle back as markets shrug off supply jitters By Reuters

Oil prices shuffle back as markets shrug off supply jitters By Reuters

© Reuters. A general view shows the oil refinery of the Lukoil company in Volgograd, Russia April 22, 2022. REUTERS/REUTERS PHOTOGRAPHER By Paul Carsten LONDON (Reuters) – Oil prices reversed course on Wednesday after rising…

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Owning your own business can make it harder to get hired later

Owning your own business can make it harder to get hired later

If you’ve been thinking about starting your own business lately, you’re not alone. Americans began launching ventures in record numbers during the pandemic, with an above-trend pace continuing through 2023. Unfortunately, many of of these…

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Financial system remains vulnerable to further liquidity strains, FSB warns

Financial system remains vulnerable to further liquidity strains, FSB warns

Press enquiries: +41 61 280 8486press@fsb.org Ref: 25/2023 The progress report presents findings of work to assess and address “key amplifiers” of liquidity stress in non-bank financial intermediation (NBFI). The…

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Oil prices push higher as Saudi, Russian cuts spell tighter supply By Investing.com

Oil prices push higher as Saudi, Russian cuts spell tighter supply By Investing.com

© Reuters. Investing.com– Oil prices rose further in Asian trade on Wednesday, sticking to 10-month highs as bigger-than-expected supply cuts by Saudi Arabia and Russia pointed to tighter supplies this year. Prices extended bumper gains…

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