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FSB Europe Group discusses non-bank financial intermediation and third-party outsourcing

FSB Europe Group discusses non-bank financial intermediation and third-party outsourcing

Press enquiries: +41 61 280 8477[email protected] Ref: 44/2021 The Financial Stability Board (FSB) Regional Consultative Group (RCG) for Europe held a virtual meeting today to discuss global and regional financial vulnerabilities and policy initiatives…

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Oil Inventories Fall by 815,000 Barrels Last Week: API By Investing.com

Oil Inventories Fall by 815,000 Barrels Last Week: API By Investing.com

© Reuters. By Yasin Ebrahim Investing.com – U.S. crude stockpiles fell less than expected last week just as investors continued to assess the risk of supply outstripping demand amid the impact of the Omicron variant…

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Vast majority of American workers like their jobs – even as a record number quit them

Vast majority of American workers like their jobs – even as a record number quit them

A record share of American workers are quitting their jobs, thanks in part to a strong economy and a labor shortage. Does that mean Americans are unhappy with where they work? The answer would seem…

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Fossil find reveals giant prehistoric ‘thunder birds’ were riddled with bone disease

Fossil find reveals giant prehistoric ‘thunder birds’ were riddled with bone disease

Until around 45,000 years ago, Australia was home to Genyornis newtoni, a fearsomely huge bird weighing roughly 230kg – almost six times as much as an emu – and standing 2 metres tall. This giant,…

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KYC initiative could help stem correspondent banking decline

KYC initiative could help stem correspondent banking decline

Work is under way to create a regional know-your-customer (KYC) framework within the South Pacific in an attempt to halt the decline of cross-border banking services. In December 2019, governors from South Pacific central banks…

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Oil price dip towards $74, Omicron concerns dominate By Reuters

Oil price dip towards $74, Omicron concerns dominate By Reuters

© Reuters. FILE PHOTO: Oil storage containers are seen, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson/File Photo By Ron Bousso LONDON (Reuters) -Oil prices dipped towards…

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Is your Christmas list supporting modern slavery? The dilemma of shopping ethically this festive season

Is your Christmas list supporting modern slavery? The dilemma of shopping ethically this festive season

With Christmas coming soon and last-minute shopping underway, it is worth questioning the origin of some of our favourite holiday and gift items. It is highly likely that some of the gifts under your tree…

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a pick of science and tech books

a pick of science and tech books

With the year drawing to a close, many people will be wondering what books they may have missed out on in 2021. For those who prefer a heftier beach read, The Conversation Africa asked several…

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Motiva restarts crude unit at Port Arthur, Texas, refinery -sources By Reuters

Motiva restarts crude unit at Port Arthur, Texas, refinery -sources By Reuters

© Reuters. FILE PHOTO: Flood waters caused by Tropical Storm Harvey encompass the Motiva Enterprises LLC in Port Arthur, Texas, U.S. August 31, 2017. REUTERS/Adrees Latif HOUSTON (Reuters) -Motiva Enterprises on Monday restarted the second-largest…

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Checkpoint ‘taxes’ make South Sudan one of the most expensive places to move goods

Checkpoint ‘taxes’ make South Sudan one of the most expensive places to move goods

When South Sudan became independent 10 years ago, oil revenues were supposed to fuel the economy of the world’s newest country. But shortly after, civil war resumed, oil prices plummeted, and the South Sudanese pound…

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