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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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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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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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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© 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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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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Curious Kids is a series for children in which we ask experts to answer questions from kids. Why are there so few craters on Earth? (Ivon, 11, Butterworth, South Africa) Thank you for the great…
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Press enquiries: +41 61 280 8477[email protected] Ref: 34/2021 The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Commonwealth of Independent States (CIS) held a virtual meeting today. Members discussed vulnerabilities in…
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2/2 © Reuters. FILE PHOTO: Mexican Economy Minister Tatiana Clouthier gestures during an interview with Reuters in Mexico City, Mexico, on January 11, 2021. REUTERS/Dave Graham 2/2 By Sharay Angulo MEXICO CITY (Reuters) -Mexico’s Economy…
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President Joe Biden ordered a release of oil from its Strategic Petroleum Reserve on Nov. 23, 2021, as a part of a coordinated effort with five other countries to tamp down rising fuel prices. The…
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