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Pope Gregory XIII gave us the leap year – but his legacy goes so much further

Pope Gregory XIII gave us the leap year – but his legacy goes so much further

On this day, February 29, conversations the world over may conjure the name of Pope Gregory XIII – widely known for his reform of the calendar that bears his name. The need for calendar reform…

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Oil gains sluggish after large US crude stock build By Reuters

Oil gains sluggish after large US crude stock build By Reuters

© Reuters. Oil, miniatures of oil barrels and U.S. dollar banknote are seen in this illustration taken, June 6, 2023. REUTERS/Dado Ruvic/Illustration/Files By Georgina McCartney HOUSTON (Reuters) -Oil prices edged up slightly on Wednesday, with…

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What’s next for $25B supermarket supermerger after FTC sues to block it, saying it could raise prices

What’s next for $25B supermarket supermerger after FTC sues to block it, saying it could raise prices

The Federal Trade Commission announced on on Feb. 26, 2024, that it’s suing to prevent Kroger’s attempt to acquire Albertsons. The US$25 billion deal, first announced in 2022, would combine Cincinnati-based Kroger, already the largest…

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Gold prices muted as rate fears keep traders to the sidelines By Investing.com

Gold prices muted as rate fears keep traders to the sidelines By Investing.com

© Reuters. Investing.com– Gold prices moved in a flat-to-low range on Wednesday, extending their recent run of muted performance as anxiety over higher-for-longer U.S. interest rates persisted ahead of key economic readings. The yellow metal…

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US barrels toward another government shutdown showdown: 4 essential reads

US barrels toward another government shutdown showdown: 4 essential reads

President Joe Biden summoned congressional leaders to the White House on Feb. 27, 2024, in a bid to avoid a government shutdown. Democrats and Republicans remain far apart on funding the government, as a group…

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Africa needs China for its digital development – but at what price?

Africa needs China for its digital development – but at what price?

Digital technologies have many potential benefits for people in African countries. They can support the delivery of healthcare services, promote access to education and lifelong learning, and enhance financial inclusion. But there are obstacles to…

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Oil prices rise as OPEC+ considers extending voluntary output cuts By Reuters

Oil prices rise as OPEC+ considers extending voluntary output cuts By Reuters

© Reuters. FILE PHOTO: Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/David McNew//File Photo By Arathy Somasekhar HOUSTON…

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Johannesburg’s water crisis is getting worse – expert explains why the taps keep running dry in South Africa’s biggest city

Johannesburg’s water crisis is getting worse – expert explains why the taps keep running dry in South Africa’s biggest city

Since the latter part of 2023 hardly a week has gone by without some residents of Johannesburg, South Africa’s commercial capital, losing their water supply. Notices of planned outages from the local water authority are…

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The US just returned to the Moon after more than 50 years. How big a deal is it, really?

The US just returned to the Moon after more than 50 years. How big a deal is it, really?

In the few short years since the COVID pandemic changed our world, China, Japan and India have all successfully landed on the Moon. Many more robotic missions have flown past the Moon, entered lunar orbit,…

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FSB review finds uneven implementation of money market fund reforms

FSB review finds uneven implementation of money market fund reforms

Press enquiries: +41 61 280 8477 [email protected] Ref: 5/2024 Peer review finds uneven progress in implementing the 2021 FSB policy proposals for money market funds (MMFs) and calls on member jurisdictions to…

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