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As wildfires fueled by record heat menace Europe, a case for retreat in the age of fire

As wildfires fueled by record heat menace Europe, a case for retreat in the age of fire

Wildfires broke out across Europe amid a July 2022 heat wave, creating a vivid reminder of the risks facing many regions in a warming world. In the U.S., 5.5 million acres had burned by mid-July,…

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Balance sheet saw ‘substantial’ growth in past year, says RBA’s Stevens

Balance sheet saw ‘substantial’ growth in past year, says RBA’s Stevens

The past year saw a number of factors expand the Reserve Bank of Australia’s (RBA) balance sheet, governor Glenn Stevens wrote in the central bank’s Annual Report 2014. Stevens described the changes as “substantial”, saying…

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European Gas Futures Fall to 3-Week Low as Nord Stream Reopens By Investing.com

European Gas Futures Fall to 3-Week Low as Nord Stream Reopens By Investing.com

© Reuters By Geoffrey Smith  Investing.com — European natural gas futures fell to their lowest in three weeks as Russia resumed shipments to Germany, allaying fears of a permanent cut-off due to the war in…

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remanufacturing could be the solution

remanufacturing could be the solution

Nigeria has pumped more than US$8 billion into Ajaokuta Steel Company, a project which began more than 40 years ago but has yet to produce one tonne of steel. Several attempts have been made to…

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when mammals’ ancestors became warm-blooded

when mammals’ ancestors became warm-blooded

Mammals and birds produce their own body heat and control their body temperatures. This process is known as endothermy, or warm-bloodedness, and it may be one of the reasons why mammals tend to dominate almost…

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Oil falls on lackluster U.S. summer gasoline demand By Reuters

Oil falls on lackluster U.S. summer gasoline demand By Reuters

© Reuters. FILE PHOTO: Crude oil storage tanks are seen at the Kinder Morgan terminal in Sherwood Park, near Edmonton, Alberta, Canada November 14, 2016. REUTERS/Chris Helgren By Stephanie Kelly NEW YORK (Reuters) -Oil prices…

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How record-setting heat waves in cities across UK, US and mainland Europe could punish economies already reeling from inflation

How record-setting heat waves in cities across UK, US and mainland Europe could punish economies already reeling from inflation

Hundreds of millions of people struggled to keep cool amid a sweltering summer heat wave as cities across the U.S. and mainland Europe experienced record-high temperatures. In the U.K., thermometers topped 104 Fahrenheit (40 degrees…

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Christopher Waller denies Fed is ‘behind the curve’

Christopher Waller denies Fed is ‘behind the curve’

Christopher Waller, a member of the Federal Reserve Board of Governors, told a conference on May 6 that the Fed was not falling short of its mandate. He defended the actions of the US central…

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why the world’s biggest online library is in court over digital book lending

why the world’s biggest online library is in court over digital book lending

Earlier this month, the Internet Archive asked a US court to end a lawsuit filed against it by four large book publishers. The Internet Archive is a not-for-profit organisation founded in 1996 that lends digital…

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Russia is China’s top oil supplier for 2nd month, Saudi volumes tumble

Russia is China’s top oil supplier for 2nd month, Saudi volumes tumble

© Reuters. FILE PHOTO: Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song By Chen Aizhu SINGAPORE (Reuters) – Russia held its spot…

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