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FSB examines vulnerabilities in short-term funding markets

FSB examines vulnerabilities in short-term funding markets

Press enquiries: +41 61 280 8477 [email protected] Ref: 11/2024 FSB analysis finds that commercial paper (CP) and negotiable certificates of deposit (CD) markets generally function well in normal times but are susceptible to…

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Oil prices fall further on surprise US inventory build, rate jitters By Investing.com

Oil prices fall further on surprise US inventory build, rate jitters By Investing.com

Investing.com– Oil prices fell in Asian trade on Wednesday as industry data showed an unexpected build in U.S. inventories, while persistent concerns over high U.S. interest rates also kept sentiment subdued.  Oil was now headed…

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Sweet sorghum is a hardy, nutritious, biofuel crop that offers solutions in drought-hit southern Africa

Sweet sorghum is a hardy, nutritious, biofuel crop that offers solutions in drought-hit southern Africa

The southern African region is battling with drought at present. This is the result of El Niño, a natural climate cycle characterised by changes in Pacific Ocean temperatures. It has effects on global weather patterns,…

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United Auto Workers’ defeat at Mercedes’ Alabama plants underscores challenges for organized labor in Southern states

United Auto Workers’ defeat at Mercedes’ Alabama plants underscores challenges for organized labor in Southern states

A majority of the workers at two Mercedes plants near Tuscaloosa, Alabama, rejected an opportunity to join the United Auto Workers union in an election that concluded on May 17, 2024. UAW supporters lost 2,642…

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Oil prices dip on US interest rate jitters, Middle East uncertainty By Investing.com

Oil prices dip on US interest rate jitters, Middle East uncertainty By Investing.com

Investing.com– Oil prices fell Tuesday on concerns high U.S. interest rates will eat into demand this year, amid continued uncertainty in the Middle East.  At 08:15 ET (12:15 GMT),  fell 1.8% to $82.17 a barrel,…

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Americans leave a huge chunk of change at airport security checkpoints − here’s what it means for the debate over getting rid of pennies

Americans leave a huge chunk of change at airport security checkpoints − here’s what it means for the debate over getting rid of pennies

Should the U.S. get rid of pennies, nickels and dimes? The debate has gone on for years. Many people argue for keeping coins on economic-fairness grounds. Others call for eliminating them because the government loses…

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We still don’t know the extent of the MediSecure breach, but watch out for these potential scams

We still don’t know the extent of the MediSecure breach, but watch out for these potential scams

On Thursday last week, Australian media began reporting that an unnamed “commercial health information organisation” had been targeted by cyber criminals. Within hours, reports quickly confirmed that data relating to digital prescriptions for Australian patients…

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Press releases outnumber officials’ public appearances

Press releases outnumber officials’ public appearances

Central banks issued more press statements than the number of public appearances made by senior officials in the past year, the Communications Benchmarks 2024 shows. The average number of senior officials’ public appearances is 74.3.…

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A solid foundation for a resilient structure

A solid foundation for a resilient structure

Speech by Klaas Knot, Chair, Financial Stability Board at the Macroprudential Policy for Investment Funds Conference, Central Bank of Ireland, 20 May 2024. The views expressed in these remarks are those of the speaker in…

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Oil prices fall on fear of high US interest rates depressing demand By Reuters

Oil prices fall on fear of high US interest rates depressing demand By Reuters

By Yuka Obayashi TOKYO (Reuters) – Oil prices fell in early Asian trade on Tuesday, with investors anticipating higher-for-longer U.S. inflation and interest rates will depress consumer and industrial demand. futures declined 12 cents, or…

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