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U.S. oil drilling review proposes higher fees, development curbs By Reuters

U.S. oil drilling review proposes higher fees, development curbs By Reuters

© Reuters. FILE PHOTO: U.S. Secretary of Interior Deb Haaland listens to a question during a hearing for a budget request for the Department of the Interior for 2022 to the Senate Committee on Energy…

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Turkey’s currency crisis is a textbook example of what not to do with interest rates

Turkey’s currency crisis is a textbook example of what not to do with interest rates

Central banks around the globe are currently staring at inflation rates unseen in more than 20 years. Supply chain problems and labour shortages arising from the pandemic, combined with sharply rising food and energy prices,…

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how do birds make their nests?

how do birds make their nests?

I would please like to know how birds make their nests? How do they know how to weave the twigs together and what makes the twigs stick together? – Miguel, age 10, Brisbane Hi Miguel,…

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Guinea bauxite can make up for Indonesia ban, China’s Antaike says By Reuters

Guinea bauxite can make up for Indonesia ban, China’s Antaike says By Reuters

© Reuters. FILE PHOTO: A excavator dumps bauxite ore into a dump truck at a mine belonging to China’s Bosai Minerals Group in Linden, April 24, 2011. REUTERS/Andrea De Silva (Reuters) – A possible ban…

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African development banks need scale, urgently. Here’s how it can be done

African development banks need scale, urgently. Here’s how it can be done

Developing countries in general, and African countries in particular, confront an enormous financing challenge to meet the UN’s sustainable development goals. This financing gap featured prominently at the 2021 United Nations climate change conference (COP26)…

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Could we really deflect an asteroid heading for Earth? An expert explains NASA’s latest DART mission

Could we really deflect an asteroid heading for Earth? An expert explains NASA’s latest DART mission

A NASA spacecraft the size of a golf cart has been directed to smash into an asteroid, with the intention of knocking it slightly off course. The test aims to demonstrate our technological readiness in…

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Virtual discussion on 10 years of the FSB Key Attributes of Effective Resolution

Virtual discussion on 10 years of the FSB Key Attributes of Effective Resolution

On Tuesday 7 December, the Financial Stability Board (FSB) and the Financial Stability Institute (FSI) of the BIS will host a virtual event to assess the achievements of the FSB’s Key Attributes of Effective Resolution…

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ECB reallocates subscribed capital after Brexit

ECB reallocates subscribed capital after Brexit

The European Central Bank will maintain its subscribed capital at €10.8 billion ($11.9 billion) following Brexit, the ECB said on January 30, but contributions will be reallocated. The Bank of England’s departure from the European…

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Oil prices slide on concern about new COVID variant By Reuters

Oil prices slide on concern about new COVID variant By Reuters

© Reuters. FILE PHOTO: An oil tanker waits in line in the ocean outside the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April…

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losers, winners and a possible solution

losers, winners and a possible solution

Recent inflation numbers from Nigeria are creating serious concern over the rising cost of food items in the country. But this is not Nigerians’ first encounter with food prices running hot, as the spikes date…

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