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why it matters for South Africa

why it matters for South Africa

Something important for global agriculture happened this past week but received minimal media coverage. The Chinese National Crop Variety Approval Committee released two standards that clear the path for cultivating genetically modified (GM) crops in…

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A key message from Jackson Hole: policy must globalise

A key message from Jackson Hole: policy must globalise

This year’s Jackson Hole conference revealed the previous consensus that central banks should focus on ‘keeping their own houses in order’ to achieve the best global results may be losing momentum. Bank of England Mark…

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Gridlocked WTO negotiations stretch into final day By Reuters

Gridlocked WTO negotiations stretch into final day By Reuters

© Reuters. FILE PHOTO: A general view of the room during the speech of Director-General of the World Trade Organisation (WTO) Ngozi Okonjo-Iweala at the opening ceremony of the 12th Ministerial Conference (MC12), at the…

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5 things to know about the Fed’s biggest interest rate increase since 1994 and how it will affect you

5 things to know about the Fed’s biggest interest rate increase since 1994 and how it will affect you

The Federal Reserve on June 15, 2022, lifted interest rates by 0.75 percentage point, the third hike this year and the largest since 1994. The move is aimed at countering the fastest pace of inflation…

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Bunnings, Kmart and The Good Guys say they use facial recognition for ‘loss prevention’. An expert explains what it might mean for you

Bunnings, Kmart and The Good Guys say they use facial recognition for ‘loss prevention’. An expert explains what it might mean for you

Once the purview of law enforcement and intelligence agencies, facial recognition is now being used to identify consumers in Australian stores. If you’ve seen the movie Minority Report, you’ll remember how Tom Cruise’s character John…

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Oil prices fall over 1% ahead of expected U.S. interest rate hike By Reuters

Oil prices fall over 1% ahead of expected U.S. interest rate hike By Reuters

© Reuters. Models of oil barrels and a pump jack are displayed in front of a rising stock graph and “$100” in this illustration taken February 24, 2022. REUTERS/Dado Ruvic/Illustration
 By Arathy Somasekhar HOUSTON (Reuters)…

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How we describe the metaverse makes a difference – today’s words could shape tomorrow’s reality and who benefits from it

How we describe the metaverse makes a difference – today’s words could shape tomorrow’s reality and who benefits from it

Quick, define the word “metaverse.” Coined in 1992 by science fiction author Neal Stephenson, the relatively obscure term exploded in popularity during the COVID-19 pandemic, particularly after Facebook rebranded as Meta in October 2021. There…

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Lagarde lauds new Mexican bonds with ‘strengthened’ collective action clauses

Lagarde lauds new Mexican bonds with ‘strengthened’ collective action clauses

Christine Lagarde, managing director of the IMF Christine Lagarde, IMF managing director, has applauded the issuance of a Mexican bond with new-style collective action clauses that make it harder for holdout creditors to fight restructurings.…

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Why it’s crucial to safeguard the ancient practice of finding wild honey with birds

Why it’s crucial to safeguard the ancient practice of finding wild honey with birds

In parts of Africa, a small bird called the Greater Honeyguide (Indicator indicator) helps people search for honey. It approaches people and chatters and flies in the direction of a wild bees’ nest, urging the…

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Oil Up, Potentially Aggressive U.S. Interest Rate Hikes Loom By Investing.com

Oil Up, Potentially Aggressive U.S. Interest Rate Hikes Loom By Investing.com

© Reuters. By Zhang Mengying Investing.com – Oil was up on Wednesday morning in Asia amid concerns of uncertain economic outlook ahead of potentially aggressive U.S. interest rate hikes decisions. edged up 0.14% to $121.34…

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