The United States Congress recently held a hearing into US government information pertaining to “unidentified aerial phenomena” (UAPs). The last investigation of this kind happened more than 50 years ago, as part of a US…
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Press enquiries: +41 61 280 8477press@fsb.org Ref: 14/2022 The Financial Stability Board (FSB) Regional Consultative Group for Asia (RCG Asia) held a virtual meeting today to discuss current global and regional macroeconomic and financial…
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2/2 © Reuters. FILE PHOTO: Saudi Crown Prince Mohammed bin Salman speaks during the Gulf Summit in Riyadh, Saudi Arabia, December 14, 2021. Bandar Saudi Press Agency/Handout via REUTERS 2/2 By Aziz El Yaakoubi and…
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CC BY-ND In the United States, children are more likely to experience poverty than people over 18. In 2020, about 1 in 6 kids, 16% of all children, were living in families with incomes below…
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The increasing efficiency of global financial transactions due to new forms of fintech may mean there is a stronger case for using capital controls, the International Monetary Fund said on May 10. IMF managing director…
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Potatoes originated in South America, where they were domesticated about 8,000 years ago. The plants were eventually brought to Europe in the mid-1500s, from where they spread to the rest of the world. They have…
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© Reuters. FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford By Mohi Narayan and Scott DiSavino (Reuters) -Oil prices fell on Friday as…
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U.S. President Joe Biden on May 18, 2022, announced he is invoking the Defense Production Act to help end the shortage of baby formula stressing out parents nationwide. He said he will direct suppliers of…
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© Reuters. FILE PHOTO: A gas pump is inserted inside an Audi vehicle at a Mobil gas station in Beverly Boulevard in West Hollywood, California, U.S., March 10, 2022. Picture taken March 10, 2022. REUTERS/Bing…
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The conditions that led to a shortage of baby formula were set in motion long before the February 2022 closure of the Similac factory tipped the U.S. into a crisis. Retailers nationwide reported supplies of…
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