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Europe Roundup: Sterling rallies on better-than-expected retail sales, greenback at 1-month low as Fed trigger recession fears, European shares slump - Thursday, December 20th, 2018

Dec 20, 2018 11:09 am UTC| Market Roundups

Market Roundup United Kingdom Nov 2018 retail sales ex-fuel yy increase to 3.8 % (forecast 2.3 %) vs previous 2.8 % (revised from 2.7 %) United Kingdom Nov 2018 retail sales yy increase to 3.6 % (forecast 1.9 %)...

Asia Roundup: Kiwi slumps on economic growth concerns, dollar eases as Fed projects fewer rate hikes next year, Asian shares plunge - Thursday, December 20th, 2018

Dec 20, 2018 06:29 am UTC| Market Roundups

Market Roundup U.S. Fed raises interest rates, signals more hikes ahead U.S. Senate OKs government funding through Feb. 8 to avert shutdown U.S. Congress to push stop-gap funding bill with no border wall...

America's Roundup: Dollar eases, but off lows, after Fed signals few more hikes ahead, Wall Street tumbles, Gold falls, Oil rebounds from rout on signs of strong product demand-December 20th, 2018

Dec 19, 2018 22:33 pm UTC| Market Roundups

Market Roundup Fed lifts rates, now sees some further hikes ahead. Feds Powell says nothing will deter the Fed from doing what we think is the right thing to do. Powell says most of his fed colleagues expect...

Europe Roundup: Sterling gains as PM May battles to avoid no-deal Brexit, euro rallies on signs of budget deal with EU, investors eye Fed policy meeting outcome - Wednesday, December 19th, 2018

Dec 19, 2018 11:39 am UTC| Market Roundups

Market Roundup United Kingdom Dec 2018 CBI trends - orders decrease to 8 balance (forecast 6 balance) vs previous 10 balance Eurozone Oct 2018 construction output mm decrease to -1.63 % vs previous 2.13 %...

Asia Roundup: Kiwi gains despite widening current account, greenback eases as investors expect Fed dropping gradual increases and lower dot forecast, Asian shares nudge higher - Wednesday, December 19th, 2018

Dec 19, 2018 06:50 am UTC| Market Roundups

Market Roundup British government to activate full no-deal Brexit preparations Bank of England needs more cost-conscious culture - watchdog UK economy to slip to 7th biggest in world in 2019 -...

America's Roundup: Dollar falls from 18-month high before two-day Fed meeting, S&P 500 ends flat in volatile trade, Gold steadies,Oil drops over 5 pct on economic slowdown fears, supply glut-December 19th,2018

Dec 18, 2018 22:04 pm UTC| Market Roundups

Market Roundup Trump pressures Fed before meeting, warns against another mistake. Dollar recovers from one-week low as caution grows ahead of Fed meeting. US Nov Housing Starts, 1.256 mln,1.225 mln forecast,...

Europe Roundup: Sterling gains as PM May battles to get assurances from EU, euro surges on ECB Rehn's comments, European shares slump - Tuesday, December 18th, 2018

Dec 18, 2018 11:37 am UTC| Market Roundups

Market Roundup Germany Dec 2018 IFO expectations new decrease to 97.3 (forecast 98.3 ) vs previous 98.7 Germany Dec 2018 IFO current conditions new decrease to 104.7 (forecast 104.9 ) vs previous...

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Economy

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...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Science

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,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

Traders Forecast Best Altseason Since 2017 as Bitcoin Momentum Cools

As Bitcoin stabilizes above $64,000, traders forecast a burgeoning altcoin market that may mirror the explosive growth last seen in 2017. Bitcoin Rebounds Over Weekend, Traders Anticipate Potential Altcoin...

MicroStrategy's Bold Strategy Pays Off: Stock Skyrockets Amid Bitcoin Fluctuations

Despite the cryptocurrencys volatility, MicroStrategys stock soared by an impressive 461.7% over the past year, buoyed by strategic investments in Bitcoin and innovative debt management. MicroStrategy Triumphs: Stock...

Elon Musk in Beijing to Propel Tesla's Self-Driving Tech in China

Tesla CEO Elon Musk unexpectedly visited Beijing on Sunday to discuss launching Teslas Full Self-Driving technology in China and navigate data transfer policies amidst heightened US-China trade collaborations. Elon Musk...

Bitcoin Miners See Sharp Drop in Fee Revenue Following Halving Event

Following the recent Bitcoin halving, transaction fees, which once soared, now represent just 35% of miner revenue, significantly impacting their earnings amidst stable network conditions. Bitcoin Halving Sees Miner...

Adidas and Stepn Unveil NFT Sneakers in Trailblazing Web3 Partnership

Adidas has partnered with the Solana-based fitness app Stepn to launch an exclusive NFT sneaker collection, signaling the sports giants further dive into the Web3 space. Adidas Steps Into Web3 with Stepn Collaboration,...