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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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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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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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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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 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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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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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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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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