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Thu, May 09, 2024 05:22 AM All times are UTC

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Energy bites Euro Zone back to deflation

Feb 29, 2016 10:55 am UTC| Commentary

Euro Zone is back to deflationary territory after long four months as price declined to -0.2% y/y in February, according to flash reading. Median expectation was that price would remain at same level as January. Core...

Norway’s retail sales rebound in January but weak trend scenario remains

Feb 29, 2016 10:37 am UTC| Commentary

Norways retail sales recovered in January 2016. It grew 0.9% m/m after declining 1.3% in December. Consensus expectation was for 0.3% growth. The recovery in sales data makes is slightly less concerned regarding the recent...

China Crisis Series

Renminbi Series

Renminbi series: China takes up stems to curb outflow

Feb 29, 2016 10:20 am UTC| Commentary Economy

China has taken up steps, which are no reforms, rather anti-reform to break the backbone of fear surrounding its currency depreciation. Reform seeking China is once again back to the trinity table. Government probably...

Weak foreign demand remains main obstacle for higher growth in Danish economy

Feb 29, 2016 10:14 am UTC| Commentary

Denmarks economy expanded 0.2% q/q in Q4, almost on par with forecast. For the entire 2015, the economy grew 1.2%, slightly higher than the long term potential growth rate. However, there is still enough room for a longer...

Finland’s GDP expands in Q4, domestic demand grows surprisingly on consumption and investment

Feb 29, 2016 10:12 am UTC| Commentary

Finlands economy has indicated unexpectedly signs of rebound in the fourth quarter of 2015. Finlands GDP grew 0.1% q/q and 0.6% y/y. There were forecast of a slight decline in the flash estimate that was released...

Thailand’s domestic demand slowed in January, economic recovery continues to be gradual

Feb 29, 2016 08:49 am UTC| Commentary

The Bank of Thailands January economic report indicates that the countrys domestic demand slowed again after showing signs of moderate recovery in the second half of 2015. Domestic activity has slowed at the margin, in...

Migrant Crisis Series

Migrant crisis: Schengen under threat

Feb 29, 2016 08:46 am UTC| Commentary

Europes prized Schengen area, which is a passport free travel zone, highly critical to European integration is clearly under threat as Austria and other nine Balkan states too unilateral decision to choke migrant flows by...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

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...

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

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

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)...

House Overturns SEC Crypto Ban, Biden Threatens Veto Amid Regulatory Clash

In a significant bipartisan move, the U.S. House of Representatives voted to overturn the SECs Special Accounting Bulletin (SAB 121), which had barred banks from holding cryptocurrency assets. The resolution, facing a...

EU Seizes Two Tesla Cybertrucks at Belarus Border Amid Russia Smuggle Attempt

In striking enforcement of EU sanctions, Lithuanian authorities at the Salčininku border crossing with Belarus confiscated two Tesla Cybertrucks. These vehicles, not yet released in Europe, were suspected of being smuggled...

Sam Altman Warns: AI's Economic Impact Greater Than Anticipated

During a recent panel at the Brookings Institute, Sam Altman, CEO of OpenAI, expressed deep concerns about the rapid socioeconomic changes driven by AI technologies. Altman highlighted the potential for significant job...

Shiba Inu Insider Drops Major Shiba Eternity Update; Community Anticipates Enhancements

Shiba Eternity: Lucies Tease Unveils Play-to-Earn Features and Breeding Mechanics The Shiba Inu community is buzzing with excitement following a recent announcement from a critical team member about Shiba Eternity, as...