In 2021, an investment firm bought 2,000 acres of real estate for about US$4 million. Normally this would not make headlines, but in this case the land was virtual. It existed only in a metaverse…
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The Central Bank of Brazil governor, Roberto Campos Neto, signalled over the weekend interest rates at 12.75% should be enough to bring inflation down to the target. The key Selic rate currently stands at 11.75%.…
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When United States Vice-President Kamala Harris was at the Vandenberg Space Force Base in California earlier this week she said the US would not conduct tests of destructive, direct ascent anti-satellite missiles. This is the…
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© Reuters. FILE PHOTO: A woman wearing a face mask walks past a sign of China National Offshore Oil Corp (CNOOC) outside its headquarters in Beijing, China March 8, 2021. REUTERS/Tingshu Wang SHANGHAI (Reuters) -Chinese…
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In the first ever case of its kind, ClientEarth – a UK-based organisation that works with NGOS to fight legal battles on environmental issues – is taking Shell’s board of directors to court for failing…
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Nanotechnology is one of the engines of the fourth industrial revolution. The global market of nanotechnology-enabled products stood at approximately US$1.6 trillion in 2014. In one estimate, the industry could generate 6 million jobs and…
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© Reuters. Russian President Vladimir Putin chairs the supervisory board meeting of the presidential forum “Russia – Land of Opportunity” at the Kremlin in Moscow, Russia April 20, 2022. Sputnik/Mikhail Tereshchenko/Pool via REUTERS (Reuters) -Russian…
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President Cyril Ramaphosa recently appointed a senior South African politician, Ayanda Dlodlo, to serve a two-year term as a member of the World Bank’s 25-person Board of executive directors. She will represent a constituency consisting…
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The Central Bank of Chile announced on April 18 that its board of directors had adopted a new code of conduct for its members. In its press release, the central bank said that the code…
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Press enquiries: +41 61 280 8477[email protected] Ref: 10/2022 The Financial Stability Board (FSB) today published a letter from its Chair, Klaas Knot, to G20 Finance Ministers and Central Bank Governors ahead of their meeting…
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