A group of Nordic central banks reached an agreement on November 12, setting basic principles for mutual currency swap facilities. Sveriges Riksbank, Norges Bank and the National Bank of Denmark announced that their agreement came into…
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© Reuters. FILE PHOTO: Bales of hard-to-recycle plastic waste are seen piled up at Renewlogy Technologies in Salt Lake City, Utah, U.S., on May 17, 2021. REUTERS/George Frey By Valerie Volcovici and Jarrett Renshaw WASHINGTON…
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The U.S. is (once again) staring down the barrel of a government shutdown. Barring progress on a spending bill to fund government agencies past Sept. 30, 2021 – and Democrats are busying themselves trying to…
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© Reuters. Workers of grid operator China Southern Power Grid climb a transmission tower to inspect power cables in Dongguan, Guangdong province, China May 29, 2018. Picture taken May 29, 2018. REUTERS/Stringer/Files By Tom Daly…
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In the last decade inequality has been placed at the centre of the agenda for global social and economic policy. This has been driven in large part by the pioneering work of the British economist…
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The whine of the mosquito is unpleasant and often inescapable outdoors on summer evenings. Mosquitoes track you down from tens of metres away by sensing carbon dioxide in the air you breathe out. Within seconds,…
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The Mexican peso came under pressure this week as Fitch and Moody’s revised downwards their ratings of Mexico’s sovereign debt and national oil company Pemex. Since June 5, the currency has shed 1.5% of its…
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© Reuters. By Yasin Ebrahim Investing.com – U.S. crude stockpiles unexpectedly rose last week following a strong start to the week in oil prices amid global energy crunch in . , the benchmark fell to…
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The U.S. government may be on the verge of spending as much as US$4.5 trillion in what could be one of the biggest investments in infrastructure and the social safety net in decades. The House…
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The parched deserts of the South Australian outback were once a rainforest filled with a rich variety of birds and animals. Now, thanks to a new fossil discovery, we know the apex predator of this…
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