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RBNZ’s Sam Allen on embracing the cloud

RBNZ’s Sam Allen on embracing the cloud

Central banks have been understandably cautious about embracing cloud computing, fearing data breaches and other cyber risks. So one might not necessarily expect the financial markets group – critical as it is to the Reserve…

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The BOLT II hypersonic flight test could bring superfast global travel a step closer

The BOLT II hypersonic flight test could bring superfast global travel a step closer

The BOLT II hypersonic flight experiment will launch tonight from NASA’s Wallops Test Flight Facility in Virginia. Hypersonic vehicles, which can fly much faster than passenger jets, would allow passengers to go from Sydney to…

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Oil opens higher as EU members weigh Russian oil ban By Reuters

Oil opens higher as EU members weigh Russian oil ban By Reuters

© Reuters. FILE PHOTO: A Russian state flag flies on the top of a diesel plant in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia March 10, 2019. Picture…

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Ukraine’s economy went from Soviet chaos to oligarch domination to vital global trader of wheat and neon – and now Russian devastation

Ukraine’s economy went from Soviet chaos to oligarch domination to vital global trader of wheat and neon – and now Russian devastation

Many factories and businesses still function. Other industries like those in information technology have barely missed a beat, with workers continuing to work from areas out of the direct line of fire. But Ukraine has…

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‘Odd radio circles’ that baffled astronomers are likely explosions from distant galaxies

‘Odd radio circles’ that baffled astronomers are likely explosions from distant galaxies

In 2019, my colleagues and I discovered spooky glowing rings in the sky using CSIRO’s ASKAP radio telescope in Western Australia. The rings were unlike anything seen before, and we had no idea what they…

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Oil prices up more than $4 as EU considers Russian oil ban By Reuters

Oil prices up more than $4 as EU considers Russian oil ban By Reuters

© Reuters. FILE PHOTO: A view of the Phillips 66 Company’s Los Angeles Refinery (foreground), which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, and storage tanks for refined petroleum products…

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How a few geothermal plants could solve America’s lithium supply crunch and boost the EV battery industry

How a few geothermal plants could solve America’s lithium supply crunch and boost the EV battery industry

Geothermal energy has long been the forgotten member of the clean energy family, overshadowed by relatively cheap solar and wind power, despite its proven potential. But that may soon change – for an unexpected reason.…

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Kuwait’s government names new central bank governor

Kuwait’s government names new central bank governor

The government of Kuwait said it had appointed Basel Al-Haroun the next governor of the Central Bank of Kuwait, Reuters reported on March 14. He will succeed Muhammad Yousef al-Hashel, who has been governor since…

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FSB report finds that COVID-19 has accelerated the trend towards digitalisation of retail financial services

FSB report finds that COVID-19 has accelerated the trend towards digitalisation of retail financial services

Press enquiries: +41 61 280 8477[email protected] Ref: 7/2022 The Financial Stability Board (FSB) published today a report about FinTech and Market Structure in the COVID-19 Pandemic. The main finding of the report is…

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The ACCC is suing Meta for celebrity crypto scam ads on Facebook. Here’s why the tech giant could be found liable

The ACCC is suing Meta for celebrity crypto scam ads on Facebook. Here’s why the tech giant could be found liable

On the last day of his 11 years as chair of the Australian Competition and Consumer Commission (ACCC), Rod Sims announced the commission is bringing a “world-first” claim against Meta (owner of Facebook) in the…

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