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Europe Roundup: Sterling gains following upbeat economic data, euro steadies near 1.0600, markets await Brexit debate - Monday, February 20, 2017

Feb 20, 2017 12:10 pm UTC| Market Roundups

Market Roundup EUR/USD +0.1%, USD/JPY +0.2%, GBP/USD +0.4%, DXY -0.1%, DAX +0.6%, CAC +0.1%, Brent +0.8%, Gold +0.1%, Copper +1.0% GBP finds its feet ahead of Lords Brexit debate at 15:30GMT Germany...

Asia Roundup: Euro gains amid French political concerns, Asian shares steady near 19-month high, oil rises despite rising U.S. drilling and record stockpiles - Monday, February 20th, 2017

Feb 20, 2017 06:27 am UTC| Market Roundups

Market Roundup CFTC IMM CTA data Specs cuts USD longs to four-month low, net short JPY positions at two-month low, 51.2k contracts, EUR, GBP and MXN shorts up, AUD and NZD longs up Fitch Japan lifers...

Americas Roundup: Sterling drops on weak UK retail sales under Bruit shadow, Oil steady, but down for the week as glut worries face OPEC cuts-February 28th 2017

Feb 17, 2017 23:24 pm UTC| Market Roundups

Market Roundup IMF likely to contribute up to EUR 5bn to Greek bailout Spiegel. Euro zone investment inflows surge in December- ECB. China central bank says to tighten oversight of company debt, bank...

Europe Roundup: Sterling falls below 1.2400 following downbeat retail sales figures, dollar hits 1-week low against yen on lower treasury yields, European shares trade in red - Friday, February 17th, 2017

Feb 17, 2017 12:24 pm UTC| Market Roundups

Market Roundup EUR/USD -0.2%, USD/JPY -0.4%, GBP/USD +0.2%, DXY +0.2%, DAX -0.4%, CAC -0.8%, Brent -0.1%, Gold +0.2%, Copper -0.1% GBP/USD sharply lower after retail sales. 1.2502-1.2388 in Europe EZ...

Asia Roundup: Kiwi off 1-week high on downbeat economic data, dollar recovers as U.S. Treasuries resume rise, Asian shares ease on profit-taking - Friday, February 17, 2017

Feb 17, 2017 05:58 am UTC| Market Roundups

Market Roundup Japan FinMin Aso To start Japan-US economic dialogue as early as April, natural for currencies to weaken when CB aggressively ups cash supply, US-UK caused their currencies to weaken through QE after...

Americas Roundup: Dollar slips as traders weigh next U.S. rate hike, Gold rises on political uncertainty-February 17th, 2017

Feb 16, 2017 22:33 pm UTC| Market Roundups

Market Roundup US Jan housing starts 1.246m (1.222 forecast), -2.6% m/m; building permits 1.285m, +4.6%- 1-yr high. US weekly jobless claims 239k vs 245k forecast, 234k previous; 4-wk average 245.25k v 244.75k...

Europe Roundup: Sterling rises above 1.2500, euro recovers from 5-week low as dollar eases on profit taking, European shares halt 7-day winning streak - Thursday, February 16th, 2017

Feb 16, 2017 12:38 pm UTC| Market Roundups

Market Roundup EUR/USD +0.3%, USD/JPY -0.5%, GBP/USD +0.4%, DXY -0.4%, DAX -0.2%, Brent +0.1%, Gold +0.3%, Copper -0.1% Dollar on the retreat after 11 straight days of gains Russian RUB steady having...

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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

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...

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...

Technology

Vanguard’s New CEO Says Bitcoin ETF Not on the Table: Report

Vanguards new CEO, Salim Ramji, has confirmed that the investment giant will not launch a Bitcoin ETF, emphasizing the firms commitment to its investment philosophy. Despite his past involvement with BlackRocks Bitcoin...

iPhone Owners Alarmed as iOS 17.5 Resurfaces Deleted Nudes, Troubling Bug Reported

A troubling bug in Apples iOS 17.5 update is reportedly resurfacing previously deleted photos, including sensitive images, causing alarm among iPhone owners. Users on Reddit and beta testers have flagged this issue,...

Shiba Inu Rep Lucie Makes Major Bullish Statement on Shibarium Coins

Lucie, the Shiba Inu teams official marketing head, has taken to her X social media account (previously known as Twitter) to declare the SHIB, BONE, and LEASH pricing behavior she expects to see during a hypothetical...

Tesla Cybertruck to Receive Full Self-Driving V12.5 Update in June, Elon Musk Announces

Elon Musk provided a new update on the Tesla FSD development, which appears to be moving faster than anticipated. FSD V12.4, which aims to enhance miles per intervention by tenfold over V12.3, is set to begin internal...

FLOKI Price Soars 14% After Revolut Listing, Market Rally Anticipated

The price of FLOKI surged over 14% today following its listing on Revolut Business, Europes largest neobank, driving investor enthusiasm and market optimism for continued gains. FLOKIs 14% Surge Follows Revolut Listing...