© Reuters. An aerial view of an oil tanker and storage tanks at Exxon Mobil’s Beaumont oil refinery, which produces and packages Mobil 1 synthetic motor oil, in Beaumont, Texas, U.S., March 18, 2023. REUTERS/Bing…
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First Republic Bank became the second-biggest bank failure in U.S. history after the lender was seized by the Federal Deposit Insurance Corp. and sold to JPMorgan Chase on May 1, 2023. First Republic is the…
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Many visitors to Arnhem Land in the Northern Territory are struck by the magnificent cliffs, stunning bird life and extraordinary rock art. Some may know this landscape includes the earliest evidence of human occupation in…
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The Bank of Ghana has signed a memorandum of understanding (MoU) with the government to halt monetary financing. ‘“The MoU has been finalised and signed,” governor Ernest Addison told Central Banking today (May 2). The Financial Times first reported…
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© Reuters. FILE PHOTO: Signage is seen at the headquarters of the United States Environmental Protection Agency (EPA) in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew Kelly/File Photo By David Shepardson WASHINGTON (Reuters) -The Biden…
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The Research Brief is a short take about interesting academic work. The big idea Prior to Silicon Valley Bank’s March 10, 2023, collapse, conversations on Twitter among investors about the bank spiked – helping fuel…
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What happens when you flush a toilet on a plane? –Lily, aged 6, Harcourt Lily this is a great question! It doesn’t work like your toilet at home, which uses gravity to remove waste from…
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© Reuters. FILE PHOTO: A British Airways aircraft takes off from Heathrow Airport in west London, Britain, February 23, 2018. REUTERS/Hannah McKay By Sarah Young and Federica Mileo LONDON/PARIS (Reuters) – British Airways-owner IAG (LON:)…
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The U.S. is teetering toward an unprecedented debt default that could come as soon as June 1, 2023. In order for the U.S. to borrow more money, Congress needs to raise the debt ceiling –…
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South Africa is urbanising rapidly. By 2050, eight in 10 people will live in urban areas, significantly increasing the demands on basic infrastructure development and associated services. In the country’s Western Cape province, some 90%…
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