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German bunds rise ahead of January ZEW economic sentiment index, ECB monetary policy meeting

Jan 21, 2019 10:20 am UTC| Commentary Economy

The German bunds rose during European session Monday ahead of the countrys ZEW economic sentiment index for the month of January, scheduled to be released on January 22 by 10:00GMT and the European Central Banks (ECB)...

Thai baht likely to outperform and hold around 31.50-31.80 range, says Commerzbank

Jan 21, 2019 09:59 am UTC| Commentary Economy

The Thai baht is expected to outperform and hold around the 31.50-31.80 range, according to the latest research report from Commerzbank. The Thai baht (THB) continues to be the outperformer among Asian currencies this...

China’s real GDP growth falls further in 4Q18, points to grim outlook for 1Q19

Jan 21, 2019 09:17 am UTC| Commentary Economy

Chinas real GDP growth fell further to 6.4 percent y/y in 4Q18 from 6.5 percent in 3Q18 as expected. Net export continued to drag the overall performance for the fourth straight quarter in spite of slumping oil...

BoJ unlikely to adopt any policy change, board likely to downgrade inflation forecasts and remain dovish: ANZ Research

Jan 21, 2019 08:44 am UTC| Commentary Central Banks Economy

The Bank of Japan (BoJ) is not expected to adopt any change in its monetary policy, although the board is seen to downgrade inflation forecasts and remain dovish, according to the latest report from ANZ Research. Recent...

JGBs mixed in muted trading ahead of December trade balance data, BoJ’s monetary policy decision

Jan 21, 2019 06:00 am UTC| Commentary Economy

The Japanese government bonds remained mixed on the first trading day of the week Monday ahead of the countrys trade balance data for the month of December, scheduled to be released today by 23:50GMT and the Bank of Japans...

Australian bond yields rise on hopes of U.S.-China trade deal, weak Chinese growth limits further upside

Jan 21, 2019 03:54 am UTC| Commentary Economy

Australian government bonds slumped across the curve during Asian trading session Monday on hopes of an end to the U.S.-China trade spat. However, weak Chinese economic growth data limited further upside. Global risk...

How investment in irrigation is paying off for Ethiopia's economy

Jan 20, 2019 06:12 am UTC| Insights & Views Economy

After rapid economic growth averaging 10% every year between 2004 and 2014, Ethiopia has emerged as an engine of development in Africa. And there are no signs that ambitions for further growth are fading. This is clear...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

Altcoins Expected to Yield 2x-5x Gains by May End: Fetch.AI, Floki, AAVE, ENA

The latest climb in Bitcoins price beyond $65,000 on Wednesday sparked a new relief rally in the cryptocurrency market. Top altcoins are also profiting from the upward momentum, recovering from recent downturn tendencies....

US Orthodontic Leader Accepts Shiba Inu, Embracing Cryptocurrency for Payments

Shiba Inu, the popular meme coin, is experiencing a period of growth and increased utility. Amoré Orthodontic Aligners, a company that specializes in orthodontic care, recently announced that it will now accept SHIB...

Crypto Lender Genesis to Return $3 Billion in Bankruptcy Wind-Down Amid Rising Creditor Haircuts

Crypto lender Genesis Global received court approval to return nearly $3 billion to customers, while a report highlights a significant increase in creditor haircuts in bankruptcy cases to 73% in FY24. Judge Approves...

Binance Enhances SHIB, USTC, AGIX Trading and Liquidity for Better Market Dynamics

Binance has announced efforts to enhance liquidity and trading for Shiba Inu (SHIB), USTC, and SingularityNET (AGIX), including tick size adjustments aimed at improving market dynamics and trading experience. Binances...

OpenAI Disbands Team Tackling AI Risks Amid Leadership Changes and GPT-4o Launch

OpenAI has dismantled its Superalignment team, initially formed to address AI risks, following the resignations of key leaders Ilya Sutskever and Jan Leike. OpenAI Disbands Superalignment Team Days After Leaders Resign,...