Profits aren’t the main objectives of a central bank, but a dependence on government to recapitalise the bank can pose a risk to a central bank’s independence. In turn, central bank independence exists in part…
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4/4 © Reuters. Oil slicks float on the water in the Talbert Channel after an oil spill off the coast of California has come ashore in Huntington beach, California, U.S. October 3, 2021. REUTERS/Gene Blevins…
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The Biden Administration has a once-in-a-lifetime opportunity to help Puerto Rico transition to a greener and more resilient energy future, but it’s on the verge of making a multibillion-dollar mistake. Since Hurricane Maria devastated Puerto…
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© Reuters. FILE PHOTO: A 3D-printed oil pump jack is seen in front of a displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar…
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International Coffee Day feels very different this year. Introduced by the International Coffee Organization (ICO) on October 1 2015 to raise awareness of the product and the challenges faced by producers, the day has usually…
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Drone delivery company Wing recently celebrated 100,000 deliveries with an unusual burst of media fanfare. Australia is at the forefront of Wing’s plans, with the company’s two biggest trial sites running in Canberra and Logan…
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The Bank of England will close its cash distribution centre in Leeds, but says it plans to increase its footprint in the north of England. In a statement today (April 22), the BoE said it will…
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2/2 © Reuters. A surfer floats next to oil slicks on the water as they head to the shoreline of Huntington Beach, California, U.S. October 3, 2021. REUTERS/Gene Blevins 2/2 By Gene Blevins and Jonathan…
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Social media influencers – people famous primarily for posting content online – are often accused of presenting artificial versions of their lives. But one group in particular is blurring the line between real and fake.…
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One of the world’s most spectacular marine migrations is the KwaZulu-Natal sardine run. The so-called “greatest shoal on Earth” takes place during the southern hemisphere’s winter. It involves the movement of tens to hundreds of…
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