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UK bonds have hit a 25-year high – here’s what that means for the economy

UK bonds have hit a 25-year high – here’s what that means for the economy

It’s been more than a year since the UK economy was thrown into crisis after then-prime minister Liz Truss suggested making a wealth of unfunded tax cuts in her September 2022 mini-budget. But a recent…

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Stone Age herders transported heavy rock tools to grind animal bones, plants and pigment

Stone Age herders transported heavy rock tools to grind animal bones, plants and pigment

About 7,000 years ago, a small group of people sat around a fire, next to a small lake in what is now the Nefud Desert of northern Saudi Arabia. We found some of the tools…

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Exxon investors ready to embrace buying existing oil over new drilling By Reuters

Exxon investors ready to embrace buying existing oil over new drilling By Reuters

© Reuters. FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. REUTERS/Lucas Jackson/File Photo By Sabrina…

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World Bank and IMF return to Africa, but questions remain

World Bank and IMF return to Africa, but questions remain

The annual meetings of the World Bank and International Monetary Fund (IMF) are due to take place in Marrakech, Morocco, in mid-October. The city and country are still reeling from a devastating earthquake in early…

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Is there really a 1 in 6 chance of human extinction this century?

Is there really a 1 in 6 chance of human extinction this century?

In 2020, Oxford-based philosopher Toby Ord published a book called The Precipice about the risk of human extinction. He put the chances of “existential catastrophe” for our species during the next century at one in…

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Ghana’s governor rejects opposition calls to resign

Ghana’s governor rejects opposition calls to resign

The Bank of Ghana’s governor has told Central Banking he rejects demands on him to resign made by the country’s main opposition party. The largest opposition party, the National Democratic Congress, and smaller groups took part in…

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Analysis-US would struggle to block Exxon’s politically unpopular megadeal By Reuters

Analysis-US would struggle to block Exxon’s politically unpopular megadeal By Reuters

© Reuters. FILE PHOTO: Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford/File Photo By Diane Bartz…

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2 in 5 US babies benefit from the WIC nutrition program

2 in 5 US babies benefit from the WIC nutrition program

CC BY-ND A monthly average of more than 6 million U.S. women, infants and young children received benefits in 2022 from the nutrition program known as WIC. The Special Supplemental Nutrition Program for Women, Infants…

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FSB Sub-Saharan Africa group discusses vulnerabilities arising from high sovereign indebtedness and crypto-assets

FSB Sub-Saharan Africa group discusses vulnerabilities arising from high sovereign indebtedness and crypto-assets

Press enquiries: +41 61 280 8477press@fsb.org Ref: 29/2023 The Financial Stability Board (FSB) Regional Consultative Group (RCG) for Sub-Saharan Africa met in Pretoria, South Africa over the past two days in a meeting hosted…

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Climate change is disrupting ocean currents. We’re using satellites and ships to understand how

Climate change is disrupting ocean currents. We’re using satellites and ships to understand how

Earth’s ocean is incredibly vast. Some parts of it are so remote that the nearest human habitation is the International Space Station. As the world warms, what happens in the ocean – and what happens…

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