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Briferendum Series

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UK Prime Minister David Cameron’s clinching a deal with 27 members of European Union, paved the way for UK’s referendum on EU on June 23rd. Mark your calendars. With poll showing close call and heavy weights like London mayor Boris Johnson joining the exit camp, it’s no telling upfront, which side may prevail. Just like Mr. Cameron, promised to campaign in favour of stay with heart and soul, we promise to bring our readers latest ins and outs, surrounding the referendum as well as UK asset class, FTSE 100, Gilts and Pound.

Briferendum Series

Briferendum Series: Global markets feel Newcastle tremors

Jun 24, 2016 02:58 am UTC| Commentary

Results are coming out and some of them are a shocker. Newcastle was expected to be a stronghold for the Remain camp and was expected to provide somewhere around 12 percentage points lead to the Remain camp, instead, it...

Briferendum Series

Briferendum Series: Results show Scoxit is a threat

Jun 24, 2016 02:08 am UTC| Commentary

Results that have come out so fardoesnt look good for the unity of the United Kingdom and not for Prime Minister David Cameron, should the people vote to leave the union. First Minister of Scotland, Nicola Sturgeon has...

Briferendum Series

Briferendum Series: ‘Remain’ takes a lead as Glasgow throws in support

Jun 24, 2016 01:45 am UTC| Commentary

The Remain camp has taken a marginal lead over the Leave as Scotlands biggest and most prominent city throws in support. About 10 minutes ago, result from Glasgow came in. 168,335 people voted in favor of remaining inside...

Briferendum Series

Briferendum Series: Betting market switches from ‘Remain’ to ‘Leave’

Jun 24, 2016 01:33 am UTC| Commentary

British Pound sterling is suffering heavy swings and setbacks as Leave camp is doing much better than expected. It has already recorded the biggest intraday swing ever. The pound has already swung 1000 pips intraday,...

Briferendum Series

Briferendum Series: Leave extends lead with 12 areas counted

Jun 24, 2016 00:46 am UTC| Commentary

12 areas have been counted so far and to the nightmare of many, especially Prime Minister David Cameron, Leave camp is still leading. Not only has that it but it has extended its lead. According to the latest Leave is...

Briferendum Series

Briferendum series: Pound suffers setback as Leave leads in early announcements

Jun 24, 2016 00:34 am UTC| Commentary

Pound suffers heavy swings and setback as results from counting areas has started appearing and so far the Leave camp is leading. However, it is far too early to conclude the result. There are 382 counting areas and so...

Briferendum Series

Briferendum Series: How to gauge upcoming results to avoid unnecessary volatility spikes

Jun 23, 2016 10:32 am UTC| Commentary

Counting will begin as soon as the voting ends at 21:00 GMTtoday and results will start appearing from 382 counting areas which will then be collated to regional results and will finally get combined together for a...

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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...

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

China’s new world order: looking for clues from Xi’s recent meetings with foreign leaders

There is broad consensus that Chinese foreign policy has become more assertive and more centralised in the decade since Xi Jinping has ascended to the top of Chinas leadership. This has also meant that Chinese foreign...

How India’s economy has fared under ten years of Narendra Modi

More than 960 million Indians will head to the polls in the worlds biggest election between April 19 and early June. The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third...

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,...

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...

Georgia is sliding towards autocracy after government moves to force through bill on ‘foreign agents’

Georgias ruling party attempted to pass a controversial bill on foreign agents in March 2023. The law would have required civil society groups and the media to register as being under foreign influence if they receive...

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

Shiba Inu Announces Shibarium Hardfork: New Capabilities Teased, SHIB Price Jumps 3.2%

Shiba Inu has announced a transformative hardfork for its Shibarium platform, set for May 2, promising enhanced features and a surge in SHIBs price by 3.2% in response to the news. Shibarium Hardfork Set for May 2:...

Qualcomm Responds to Snapdragon X Elite Benchmark Cheating Claims

Qualcomm has responded to the serious allegations that it cheated on performance benchmarks for its Snapdragon X Elite and Plus chips, targeting competition with leading laptop processors. According to Toms Hardware,...

Japanese Yen Hits Record Low As Bitcoin Surges Globally

In a stunning financial shift, the Japanese yen has reached a 34-year low against Bitcoin, which also hit all-time highs in 14 countries, fueled by optimism surrounding new spot Bitcoin ETFs. Yen Hits 34-Year Low as...

Worldcoin Targets OpenAI Alliance, Faces Scrutiny Amid Regulatory Challenges

Worldcoin, a digital identification innovator, is eyeing a partnership with OpenAI despite facing regulatory scrutiny and data privacy concerns. The collaboration aims to bolster its technological advancements and market...

SHIB Community Ignites Burn Rate by 2,076% Following Major Announcement

The Shiba Inu community has dramatically increased the SHIB burn rate by 2,076% in response to a recent significant announcement, signaling a proactive shift in strategy. Shiba Inu Community Ramps Up Token Burns,...