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…
Read More
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…
Read More
© 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…
Read More
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…
Read More
© 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…
Read More
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…
Read More
Recent decades have seen remarkable growth in astronomy on the African continent. Africa enjoys pristine dark skies and vast radio quiet zones, making it the ideal home for many advanced telescopes trained on our galaxy…
Read More
Central Bank of Argentina After a New York judge blocked Citigroup from distributing interest payments on Argentina’s sovereign debt last week, the central bank is looking for other international banks to aid the country’s return…
Read More
© Reuters. FILE PHOTO: Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev By Yuka Obayashi…
Read More
For the first time since records began, there are more job vacancies in the UK than unemployed people, according to the latest monthly labour market figures. This has been driven mainly by a near-fourfold surge…
Read More