The massive flow of international support for Ukraine since Russia first invaded in February 2022 includes billions of dollars in military and humanitarian aid from dozens of countries. We hope that the Russia-Ukraine war does…
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China is expanding its e-yuan pilot, the People’s Bank of China announced on April 2. Eleven cities will begin trials of the central bank digital currency (CBDC), in addition to 10 existing pilot centres, the…
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2/2 © Reuters. FILE PHOTO: Smoke spews from chimneys of an oil refinery in Nanjing, east China’s Jiangsu province, December 28, 2006. REUTERS/Sean Yong 2/2 By Chen Aizhu and Florence Tan SINGAPORE (Reuters) -China’s state…
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President Joe Biden extended tariffs on imported solar panels in February 2022 in a bid to protect domestic manufacturing. These tariffs add a 14%-15% tax on cheaper imports, raising their cost in the U.S. At…
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It was 1914 when the English explorer Sir Ernest Shackleton set sail on his Imperial Trans-Antarctic Expedition aboard a ship called Endurance. It was an ill-fated journey: the ship got trapped in the ice and…
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5/5 © Reuters. A liquid manure tank filled with dairy manure is mixed using a Propeller Agitator and an H5000 Liquid Manure Pump from Husky Farm Equipment Limited on a farm in Wallenstein, Ontario, U.S.,…
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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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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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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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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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