1. Home
  2. Business

Category: Business

Kenya’s first budget under Ruto

Kenya’s first budget under Ruto

President William Ruto’s first budget comes to the national assembly on 15 June against the backdrop of massive public debt and public disquiet over high inflation. The KSh3.663 trillion (US$26.35 billion) plan sets out priority…

Read More
Do you need to wash rice before cooking? Here’s the science

Do you need to wash rice before cooking? Here’s the science

Rice is a staple food for billions of people in Asia and Africa. It’s also a versatile ingredient for many iconic dishes from around the world, including dolmades from Greece, risottos from Italy, paella from…

Read More
FSB Middle East and North Africa group discusses developments in financial markets and crypto-asset markets

FSB Middle East and North Africa group discusses developments in financial markets and crypto-asset markets

Press enquiries: +41 61 280 8477press@fsb.org Ref: 15/2023 The Financial Stability Board (FSB) Regional Consultative Group for the Middle East and North Africa (RCG MENA) met today in virtual format. Members discussed current…

Read More
Oil prices fall, U.S. Fed rate decision in focus By Reuters

Oil prices fall, U.S. Fed rate decision in focus By Reuters

© Reuters. A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk By Noah Browning LONDON (Reuters) -Oil prices fell $2 on Monday ahead of…

Read More
Pyramid schemes are on the rise – but do those who join up deserve prosecution or compensation?

Pyramid schemes are on the rise – but do those who join up deserve prosecution or compensation?

Let’s say we invite you to invest £1,000 in our new and brilliant business. We promise you an impressive return on your money, and all we ask is that you persuade a few of your…

Read More
Has a mathematician solved the ‘invariant subspace problem’? And what does that even mean?

Has a mathematician solved the ‘invariant subspace problem’? And what does that even mean?

Two weeks ago, a modest-looking paper was uploaded to the arXiv preprint server with the unassuming title “On the invariant subspace problem in Hilbert spaces”. The paper is just 13 pages long and its list…

Read More
Major central banks set out CBDC policy debates

Major central banks set out CBDC policy debates

The Bank for International Settlements and seven leading central banks outlined key policy debates around issuing central bank digital currency (CBDC) in a paper published on May 25.  While they are at different stages of…

Read More
Energy & precious metals – weekly review and outlook By Investing.com

Energy & precious metals – weekly review and outlook By Investing.com

© Reuters Investing.com — “Patience” – it’s a commodity two men closely watched by markets – Fed Chair Jay Powell and OPEC chief Abdulaziz bin Salman – could use next week. Federal Reserve boss Powell…

Read More
The microchip industry would implode if China invaded Taiwan, and it would affect everyone

The microchip industry would implode if China invaded Taiwan, and it would affect everyone

A conflict between the US and China over computer chips – or semiconductors – has been escalating in recent months. In particular, the US has taken steps to limit China’s access to advanced chip technology…

Read More
New Zealand needs to up its biosecurity game to protect the country from the next devastating pest threat

New Zealand needs to up its biosecurity game to protect the country from the next devastating pest threat

Climate change is increasing the risk of plant-destroying insects, diseases and invasive weeds entering Aotearoa New Zealand. Border security is not enough to protect us from the next biosecurity threat – it’s time to be…

Read More