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Repurposing generic drugs can reduce time and cost to develop new treatments – but low profitability remains a barrier

Repurposing generic drugs can reduce time and cost to develop new treatments – but low profitability remains a barrier

Discovering new ways to use existing drugs can come about intentionally or by chance. Sometimes physicians or patients notice an unanticipated beneficial effect from a drug. One example is sildenafil, a drug originally developed to…

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Project Ellipse: real-time data and the ‘art of the possible’

Project Ellipse: real-time data and the ‘art of the possible’

Which banks are most exposed to Evergrande? What is their current liquidity ratio and what will happen after a stress event? These are the sorts of questions that the Bank for International Settlements-led Project Ellipse…

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On top of drastic emissions cuts, IPCC finds large-scale CO₂ removal from air will be “essential” to meeting targets

On top of drastic emissions cuts, IPCC finds large-scale CO₂ removal from air will be “essential” to meeting targets

Large-scale deployment of carbon dioxide removal (CDR) methods is now “unavoidable” if the world is to reach net-zero greenhouse gas emissions, according to this week’s report by the Intergovernmental Panel on Climate Change (IPCC). The…

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Global cash crude prices tumble from record premiums versus futures By Reuters

Global cash crude prices tumble from record premiums versus futures By Reuters

2/2 © Reuters. FILE PHOTO: Equinor’s Johan Sverdrup oilfield platforms and accommodation jack-up rig Haven are pictured in the North Sea, Norway December 3, 2019. REUTERS/Ints Kalnins 2/2 By Florence Tan, Julia Payne and Stephanie…

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Revolutionary changes in transportation, from electric vehicles to ride sharing, could slow global warming – if they’re done right, IPCC says

Revolutionary changes in transportation, from electric vehicles to ride sharing, could slow global warming – if they’re done right, IPCC says

Around the world, revolutionary changes are under way in transportation. More electric vehicles are on the road, people are taking advantage of sharing mobility services such as Uber and Lyft, and the rise in telework…

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3D printing offers African countries an advantage in manufacturing

3D printing offers African countries an advantage in manufacturing

Thousands of years ago, the blacksmith led a technological leap in sub-Saharan Africa. West Africa’s Nok culture, for example, switched from using stone tools to iron around 1500BC. Imagine an innovative artisan like this re-emerging…

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FSB welcomes smooth transition from LIBOR

FSB welcomes smooth transition from LIBOR

Press enquiries: +41 61 280 8477[email protected] Ref: 9/2022 The Financial Stability Board (FSB) today published a statement welcoming the smooth transition away from LIBOR at the end of last year. The end of…

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Climate scientists’ message to the financial world: dig deeper By Reuters

Climate scientists’ message to the financial world: dig deeper By Reuters

© Reuters. FILE PHOTO: Environmental activists wear face masks depicting the governor of the Bank of England, Andrew Bailey, during a protest to encourage a green economy, outside of the Bank of England in the…

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People are more likely to react to a Black person’s story of injustice – even if it happened to someone who is white

People are more likely to react to a Black person’s story of injustice – even if it happened to someone who is white

The Research Brief is a short take about interesting academic work. The big idea People appear more willing to boycott a retailer in response to a video message about a consumer’s experience of injustice while…

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‘Hegemonic digital currency’ could help fix global system – Carney

‘Hegemonic digital currency’ could help fix global system – Carney

Mark Carney speaks at the IMF meetings There is an opportunity for digital currencies to support a transition away from the destabilising effects of US dollar dominance, Bank of England governor Mark Carney says. In…

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