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Thu, Jun 06, 2024 05:14 PM All times are UTC

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Central Banking Series

This latest increase in RBA interest rates might well be the last, for some time

Dec 08, 2022 10:59 am UTC| Central Banks Economy

You might not know it from reading Tuesdays statement announcing Australias eighth consecutive increase in interest rates, but our Reserve Bank might finally have done enough. The statement says inflation is still too...

Central Banking Series

The Bank of Canada just hiked interest rates for the sixth time — is it too late?

Oct 31, 2022 08:50 am UTC| Economy Central Banks

Following closely on the heels of the European Central Bank and the U.S. Federal Reserve Board, the Bank of Canada has raised its target interest rate by 50 basis points. This is its sixth interest rate hike this...

Central Banking Series

Why does the RBA keep hiking interest rates? It's scared it can't contain inflation

Aug 03, 2022 00:55 am UTC| Economy Central Banks

There are signs inflation pressures are easing. Oil prices are down almost 20% on their peak in March. Theyve been falling consistently for a month. The average capital city unleaded price is down from A$2.11 per litre...

ECB hikes key rates by 50 basis points, EUR/GBP spikes over 0.95%

Jul 21, 2022 12:33 pm UTC| Central Banks

Chart - Courtesy Trading View EUR/GBP spiked over 0.95% and was trading at 0.8575 at around 12:25 GMT. The single currency buoyed across the board after the European Central Bank (ECB) announced a 50 basis points...

Central Banking Series

Rates rise to 1.35% – and there's no stopping now the RBA's on a mission to whip inflation

Jul 07, 2022 16:12 pm UTC| Economy Central Banks

There was no suprise in the board of the Reserve Bank of Australia lifting interest rates at its July meeting. The only question was by how much. Would it be a regular increase of 25 basis points? Or a double-whammy of...

Central Banking Series

The latest Bank of England rate rise won't do much to tackle inflation - here's what could work

Jun 21, 2022 22:54 pm UTC| Economy Central Banks

There wasnt much dramatic tension as markets waited for the Bank of Englands latest decision on interest rates. The fifth monthly quarter-point hike in a row was largely expected, taking the base rate to 1.25% in June...

Central Banking Series

5 things to know about the Fed's interest rate increase and how it will affect you

Jun 15, 2022 07:37 am UTC| Economy Central Banks

The Federal Reserve is raising interest rates for the third time this year, on June 15, 2022, as it seeks to counter inflation running at the fastest pace in over 40 years. The big question is how much it will lift rates....

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Economy

The UK has a growing food black market – and it’s making the cost of living crisis worse

The UK food sector has faced its fair share of challenges, and issues around supply are not uncommon. In the year to January 2024, overall food prices rose by 7%. To compound this, last year, the UKs Competition and...

Why do we need a Net Zero Economy Authority? And how can it fulfil its promise?

To support its climate agenda, the Albanese government is building new institutions. One of the most important will be the Net Zero Economy Authority. The proposed laws to create this authority are currently before the...

African countries could unlock billions in local and global trade – what’s working and what’s not

Africas share of global trade remains disproportionately small, hovering around 2%-3%. Countries on the continent trade more with the rest of the world than they do among themselves. Africa needs to improve its share of...

Race still divides South Africa – study shows little transformation in new suburbs in country’s economic hub

As South Africa reflects on 30 years of democracy, its important to ask whether its cities have changed for the better when it comes to racial mixing. During apartheid, South Africas residential development was...

Does the US have a planned economy? You might be surprised

During the Cold War, a heated debate arose over the role of economic planning. Did the planned economy of the USSR or the free market economy of the U.S. allocate resources more productively? Arguments against planned...

Politics

TSMC Weighed Leaving Taiwan Amid China Tensions, Deemed Move Infeasible

TSMC disclosed it had considered relocating its chip factories from Taiwan amid escalating China tensions but decided the move was impractical. TSMCs Relocation Discussions Tensions between Taiwan and China have been...

Mexico: Sheinbaum faces uphill task to buck the trend and curtail spiralling violence

Mexico has reached a political milestone. According to a quick count by the countrys electoral commission, Mexican voters have just elected their first female president. In a society that has long treated its women...

Shein Engages with Labour Party Ahead of UK Election, Potential Listing

In anticipation of the upcoming election, the Labour Party met with Shein to discuss the fast-fashion companys potential listing on the London Stock Exchange. Labours Mission for Growth In anticipation of its...

Outside Supreme Court justice’s home, a Revolution-era flag, now a call for Christian nationalism

Homes owned by Supreme Court Justice Samuel Alito have flown flags linked to the Jan. 6, 2021, insurrection and the general effort of Donald Trump and his supporters to overturn the results of the 2020 presidential...

Election 2024: up to 8 million people are not properly registered to vote

The general election is to take place on July 4 but up to 8 million people may not be correctly registered to vote. The deadline for registering to vote is 11.59pm on Tuesday, June 18 less than a month after the...

Science

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Ancient DNA from an extinct native duck reveals how far birds flew to make New Zealand home

Ask a bird lover if they have heard of the extinct giant moa or its ancient predator, Haasts eagle, and the answer will likely be yes. The same cant be said of New Zealands extinct, but equally unique, mergansers a group...

Technology

Ethereum ETFs in Turmoil as SEC Hamstrings Market Progress

The SECs cautious approach to licensing Ethereum ETFs has stirred turmoil in the crypto market. Chairman Gary Genslers recent comments highlight regulatory concerns, delaying the approval process and causing uncertainty...

Shiba Inu Burn Rate Soars 3900% as Whales Buy, SHIB Price Set to Climb

Shiba Inus burn rate surged 3900% on June 6, fueled by a $35 million whale buying spree. This dramatic increase and renewed optimism could potentially drive the SHIB price toward $0.0001. Shiba Inu Burn Rate Skyrockets...

Cardano, Shiba Inu, Jasmy Attract Whale Investors, Triggering Buy Signals

As a result of the current recovery in the cryptocurrency market, certain alternative cryptocurrencies are now inside the purchasing zone. Whales have even begun to accumulate these cryptocurrencies before prices...

ECB Cuts Rate, Crypto Market Rallies; US Fed's Next Move in Question

To add fuel to the fire of excitement in the global financial market, let alone the cryptocurrency industry, the most recent data revealed that the European Central Bank (ECB) has announced a reduction in interest rates of...

Shein, Temu's No-Tariff Imports Hit Roadblock with US Customs Crackdown

Shein and Temus no-tariff shipments face U.S. customs delays amid increased scrutiny on fast fashion imports. Brokers Face Increased Scrutiny Delivery delays and bottlenecks are likely to occur, according to industry...