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Currency War Series

RBA policy – assessing the bias

Mar 01, 2016 08:44 am UTC| Commentary Central Banks

Reserve Bank of Australia (RBA), decided to keep policy unchanged and keep interest rate at 2%. Since it was largely expected stay put, Aussie didnt gain much from the decision. Reserve bank of Australia (RBA) after few...

Emerging Market Crisis Series

Brazil’s February confidence indices give mixed signals, supply side indices fall while consumer and retail indices rise

Mar 01, 2016 08:13 am UTC| Commentary Economy

Brazils confidence indices for February gives mixed signals amongst relevant sectors. However, it is certain that early bottoming signs are far from signifying a trend of recovery. On the supply side, several indices...

Renminbi Series

Renminbi series: spotting the odd movement out in Yuan

Mar 01, 2016 08:10 am UTC| Commentary

Were you able to spot the odd movement out in Yuan in last two days? If not, keep reading. Yesterday, Peoples Bank of China (PBoC) unexpectedly (not surprising though given the state of the economy) reduced reserve...

New Zealand’s Q4 terms of trade fall below expectations on drop in commodity prices and stronger dollar

Mar 01, 2016 07:40 am UTC| Commentary

New Zealands Q4 terms of trade declined 2%, slightly below the expectations of 1% decline. A stronger New Zealand dollar and a decline in global commodity prices were a drag on the trade. During the quarter export prices...

Emerging Market Crisis Series

South Korean export’s stable deterioration trend continues, BoK likely to keep monetary stance accommodative

Mar 01, 2016 07:21 am UTC| Commentary

South Koreas February 2015 exports dropped 12.2% y/y, as compared with the revised drop of 18.8% in January and decline of 14.3% in December. Februarys print is much better than consensus expectations of a drop of 16.6%....

Currency War Series

China’s central bank lowers RRR, likely to further lower rates in H1 2016

Mar 01, 2016 06:49 am UTC| Commentary Central Banks

The People Bank of China recently stated that RRR will be lowered by 50bp effective 1 March 2016. This move was taken by the PBoC just after the G20 meeting and Governor Zhous comment regarding prudent but moderately loose...

Renminbi Series

Renminbi series: employment bleeds at fastest pace since 2008/09 crisis

Mar 01, 2016 06:30 am UTC| Commentary Economy

According to latest report released by Caixin, in collaboration with Markit Economics, show Chinese employment have started bleeding at fastest pace since the great recession of 2008/09. Key highlights from the...

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Economy

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

If you needed long-term care, could you afford it? For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not. Nursing homes charge somewhere...

Politics

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

US election: why it’s not the protesters’ votes that the Democrats should worry about

As hundreds of New York police officers in riot gear were called in to clear away a student protest at Columbia University on Tuesday night, the university president Nemat Shafik was saying she had no choice but to take...

Trump-proofing Nato: why Europe’s current nuclear deterrents may not be enough to face biggest threats since WWII

Though a second Trump presidency is not a foregone conclusion, Nato members are gearing up to Trump-proof the organisation and reviewing their defence strategies. Natos concerns about Trumps re-election were heightened...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Elon Musk Teases Revolutionary Full Self-Driving V12.4, Cybertruck to Wait

Tesla CEO Elon Musk hints at the possible release of Full Self-Driving (FSD) V12.4 next week, with significant upgrades anticipated for Tesla drivers, excluding the Cybertruck for now. Elon Musk Teases Tesla FSD V12.4...

Whale Buys 357 Billion PEPE, Fueling Expectations of Continued Growth

In a bold move signaling strong market confidence, a crypto whale has snapped up 357 billion PEPE on Binance, propelling PEPEs price higher. This considerable acquisition coincides with the tokens recent 3% uptick and a...

South Korean Store Launches Bitcoin Meal Boxes in Novel Bithumb Partnership

In a groundbreaking collaboration, South Koreas Emart24 convenience store chain has partnered with the cryptocurrency exchange Bithumb to roll out Bitcoin-themed meal boxes. Starting May 9, around 30,000 boxes will be...

Trump Courts Crypto Enthusiasts, Promises Regulatory Freedom

In a marked shift, Donald Trump, the Republican presidential hopeful, has vowed to roll back U.S. regulations on cryptocurrencies, seeking to attract crypto supporters by accepting digital asset donations and criticizing...

K9 Finance Joins Shibarium Puppynet, Unveils Major Bone Crusher Update

K9 Finance has unveiled significant upgrades to its Bone Crusher product and secured a spot on the Shiba Inus Shibarium Puppynet allowlist. This milestone marks a pivotal advancement in their decentralized finance (DeFi)...