A form of global digital currency could be the answer to the destabilising dominance of the US dollar in today’s global monetary system, Mark Carney said in remarks at the Jackson Hole symposium. The Bank…
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Despite widespread access to social media and videoconferencing technology, many Australians experienced heightened loneliness during COVID lockdowns, and continue to do so. We surveyed more than 2,000 Australians during 2020-21 about their experiences during and…
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5/5 © Reuters. FILE PHOTO: A general view of the Cheniere Texas LNG facility in Portland, Texas, U.S., June 13, 2022. To match Insight USA-LNG/AIRQUALITY REUTERS/Callaghan O’Hare 2/5 By Nichola Groom and Valerie Volcovici PORTLAND,…
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There is no doubt that globalisation has benefited Africa greatly. This includes job creation, innovation, increased productivity and foreign direct investment. But global value chains are shifting in the wake of the COVID pandemic and…
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High-grade lithium has been discovered in Nigeria. In 2019 the total production volume of lithium, not high grade, in Nigeria reached 50 metric tons This is small compared to Zimbabwe which produced 1,200 metric tons…
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© Reuters. FILE PHOTO – Russia’s Foreign Ministry spokeswoman Maria Zakharova speaks during a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 16, 2022. REUTERS/Maxim Shemetov (Reuters) -Russia on…
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Why are some nations rich and others poor? Can the governments of poor nations do something to ensure that their nations become rich? These sorts of questions have long fascinated public officials and economists, at…
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A working paper published yesterday by the Bank for International Settlements (BIS) proposes a new method for governments to defend their finances from self-fulfilling market panics. Author Anna Zabai proposes linking government borrowing to the…
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Ever wondered about the secret to a long life? Perhaps understanding the lifespans of other animals with backbones (or “vertebrates”) might help us unlock this mystery. You’ve probably heard turtles live a long (and slow)…
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© Reuters. By Zhang Mengying Investing.com – Oil was down on Friday morning in Asia as fears of slower demand from slowing U.S. economic growth and supply concerns weighed on the market. inched down 0.09% to…
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