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Oil prices fall over 1% ahead of expected U.S. interest rate hike By Reuters

Oil prices fall over 1% ahead of expected U.S. interest rate hike By Reuters

© Reuters. Models of oil barrels and a pump jack are displayed in front of a rising stock graph and “$100” in this illustration taken February 24, 2022. REUTERS/Dado Ruvic/Illustration
 By Arathy Somasekhar HOUSTON (Reuters)…

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How we describe the metaverse makes a difference – today’s words could shape tomorrow’s reality and who benefits from it

How we describe the metaverse makes a difference – today’s words could shape tomorrow’s reality and who benefits from it

Quick, define the word “metaverse.” Coined in 1992 by science fiction author Neal Stephenson, the relatively obscure term exploded in popularity during the COVID-19 pandemic, particularly after Facebook rebranded as Meta in October 2021. There…

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Lagarde lauds new Mexican bonds with ‘strengthened’ collective action clauses

Lagarde lauds new Mexican bonds with ‘strengthened’ collective action clauses

Christine Lagarde, managing director of the IMF Christine Lagarde, IMF managing director, has applauded the issuance of a Mexican bond with new-style collective action clauses that make it harder for holdout creditors to fight restructurings.…

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Why it’s crucial to safeguard the ancient practice of finding wild honey with birds

Why it’s crucial to safeguard the ancient practice of finding wild honey with birds

In parts of Africa, a small bird called the Greater Honeyguide (Indicator indicator) helps people search for honey. It approaches people and chatters and flies in the direction of a wild bees’ nest, urging the…

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Oil Up, Potentially Aggressive U.S. Interest Rate Hikes Loom By Investing.com

Oil Up, Potentially Aggressive U.S. Interest Rate Hikes Loom By Investing.com

© Reuters. By Zhang Mengying Investing.com – Oil was up on Wednesday morning in Asia amid concerns of uncertain economic outlook ahead of potentially aggressive U.S. interest rate hikes decisions. edged up 0.14% to $121.34…

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5 things to know about the Fed’s interest rate increase and how it will affect you

5 things to know about the Fed’s interest rate increase and how it will affect you

The Federal Reserve is raising interest rates for the third time this year, on June 15, 2022, as it seeks to counter inflation running at the fastest pace in over 40 years. The big question…

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why do frilled sharks look more like sea snakes?

why do frilled sharks look more like sea snakes?

Why do frilled sharks look more like sea snakes? – Will, age 6, Darlington, Western Australia Hi Will. Thanks for this question! Frilled sharks are very strange looking sharks. You’re right – they look much…

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U.S. Senate finance chair to propose 21% surtax on excessive oil firm profits- Bloomberg By Reuters

U.S. Senate finance chair to propose 21% surtax on excessive oil firm profits- Bloomberg By Reuters

© Reuters. FILE PHOTO: Senator Ron Wyden (D-OR) speaks during the Senate Finance Committee hearing on the nomination of Chris Magnus to be the next U.S. Customs and Border Protection commissioner, in the Dirksen Senate…

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how to avoid making them the privilege of the few

how to avoid making them the privilege of the few

In the early 1900s, automobiles took the streets of industrialised cities by storm, rapidly displacing horse-drawn vehicles. Fiercely contested at first, the internal combustion engine won the technological battle against electric vehicles which accounted for…

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FSB Middle East and North Africa group discusses financial stability outlook and risks from crypto-assets

FSB Middle East and North Africa group discusses financial stability outlook and risks from crypto-assets

Press enquiries: +41 61 280 8477press@fsb.org Ref: 19/2022 The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Middle East and North Africa (MENA) met today in virtual format. Discussions centred around…

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