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Digital shekel must avoid arbitrage, public says

Digital shekel must avoid arbitrage, public says

The Bank of Israel published the results of its public consultation on the digital shekel, saying respondents warned there was a risk of arbitrage if the digital currency is interest-bearing.  The survey also found people…

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Ukraine rules out ceasefire as fighting intensifies in Donbas By Reuters

Ukraine rules out ceasefire as fighting intensifies in Donbas By Reuters

5/5 © Reuters. A local resident walks by a destroyed building after a rocket attack on a university campus, amid Russia’s invasion, in Bakhmut, in the Donetsk region, Ukraine, May 21, 2022. REUTERS/Carlos Barria 2/5…

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it won’t control interest rates and inequality will widen

it won’t control interest rates and inequality will widen

The UK local elections in May saw gains for nationalists in Scotland and Northern Ireland, raising the prospect of increased debates over the future make-up of the country. In Scotland, First Minister Nicola Sturgeon, is…

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Climate change is killing trees in Queensland’s tropical rainforests

Climate change is killing trees in Queensland’s tropical rainforests

In recent years, the Great Barrier Reef off Australia’s northeast coast has seen multiple events of mass coral bleaching as human-caused global warming has driven sustained high temperatures in the ocean. Alongside the Coral Sea…

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Spain swelters as temperatures soar above May average By Reuters

Spain swelters as temperatures soar above May average By Reuters

6/6 © Reuters. Tourists use fans and hats for sun protection outside La Almudena Cathedral during an episode of exceptionally high temperatures for the time of year in Madrid, Spain, May 21, 2022. REUTERS/Susana Vera…

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How soaring inflation can be particularly harmful for young people

How soaring inflation can be particularly harmful for young people

Inflation rates have become almost impossible to ignore. In the UK, inflation has soared in recent months, now reaching 9% – the highest rate for 40 years. The Bank of England expects it to rise…

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FSI paper urges supervisors to develop ‘suptech strategy’

FSI paper urges supervisors to develop ‘suptech strategy’

Financial supervisors stand to gain from technological innovations but would benefit from a clear strategy on putting innovations to work, according to a paper published by the Basel-based Financial Stability Institute. Dirk Broeders and Jeremy…

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What’s it like to be on Venus or Pluto? We studied their sand dunes and found some clues

What’s it like to be on Venus or Pluto? We studied their sand dunes and found some clues

What is it like to be on the surface of Mars or Venus? Or even further afield, such as on Pluto, or Saturn’s moon Titan? This curiosity has driven advances in space exploration since Sputnik…

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North Korea nuclear threat tops agenda for Biden-Yoon meeting in South Korea By Reuters

North Korea nuclear threat tops agenda for Biden-Yoon meeting in South Korea By Reuters

3/3 © Reuters. South Korean President Yoon Suk-yeol looks on as U.S. President Joe Biden delivers remarks during a visit to a semiconductor factory at the Samsung Electronics Pyeongtaek Campus in Pyeongtaek, South Korea, May…

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the supermarket business model is too fragile to shield customers from rising food prices

the supermarket business model is too fragile to shield customers from rising food prices

Food prices, like almost everything else, are rising fast. There have recently been warnings of “apocalyptic” costs, and a declaration that the “era of cheap food” is over. Such announcements have been linked to creaking…

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