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Wed, May 01, 2024 05:18 AM All times are UTC

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Swedish economy likely to have rebounded sharply in Q3 2020

Nov 03, 2020 13:07 pm UTC| Commentary

Swedish economic growth data for the third quarter is set to release this week. According to a Nordea Bank research report, the GDP is likely to have rebounded sharply in the September quarter. In the previous quarter, GDP...

Gold eases as investors await the U.S. elections

Nov 03, 2020 07:56 am UTC| Commentary

Gold prices declined after rising nearly 1 percent in the previous session, as caution set in ahead of the U.S presidential elections. Spot gold was trading 0.3 percent down at $1,889.24 per ounce by 0734 GMT, having...

Euro area’s manufacturing growth rebounds further in October, PMI index rises to 54.8

Nov 02, 2020 14:20 pm UTC| Commentary

Euro areas manufacturing sectors growth saw a further rebound in October, showed the IHS Markit Eurozone Manufacturing PMI. The headline figure rose to 54.8 from Septembers 53.7. Todays figure was the best recorded by the...

Indonesian headline inflation remains stable in October, BI likely to keep policy rate unchanged

Nov 02, 2020 13:09 pm UTC| Commentary

Indonesias headline inflation was widely stable in the month of October. On a year-on-year basis, the consumer price inflation came in at 1.44 percent, a slight acceleration from Septembers 1.42 percent. Todays figure...

Gold gains amid U.S. election jitters, rising coronavirus cases

Nov 02, 2020 07:46 am UTC| Commentary Investing

Gold prices surged, extending previous session gains as caution crept in ahead of U.S. presidential elections on Tuesday, although a resilient dollar capped gains. Spot gold rose 0.2 percent to $1,882.62 per ounce by...

German economy grows strongly in Q3 2020

Oct 30, 2020 12:57 pm UTC| Commentary

The German economy grew strongly in the third quarter. On a quarter-on-quarter basis, the GDP rose 8.2 percent, as compared with consensus expectations of 7.3 percent. The German economy has made up for nearly two-thirds...

Swedish economic confidence index rises further in October

Oct 28, 2020 15:25 pm UTC| Commentary

The Swedish Economic Sentiment Indicator rose further in the month of October, suggesting a solid rebound before the second wave of COVID-19 in Europe. The Economic Sentiment Indicator rose to 96.3. The consumer sentiment...

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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...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

The Mattei Plan: why Giorgia Meloni is looking to Africa

Since coming to power, Giorgia Melonis government has been remarkably orthodox in its foreign policy. Unwavering support for Ukraine, loyalty to the Atlantic Alliance and full participation in the European Union - these...

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,...

Military conscription is returning to Europe, but is it really a more equal way of mobilising? What history tells us

The idea that conscription, defined as the compulsory enlistment of citizens for military service, can increase equality and instil a sense of solidarity that transcends traditional societal divides has echoed throughout...

The 50th anniversary of Portugal’s Carnation Revolution

Across Portugal, a number of photography exhibitions are currently on display that commemorate the ousting of the Estado Novo, the dictatorial, authoritarian and corporatist political regime that had ruled the country...

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

Elon Musk Fires EV Supercharger Staff, Explains Reason for the Team’s Disbandment

Elon Musk disbanded Teslas EV Supercharger team amid company-wide layoffs affecting employees worldwide. The 52-year-old Tesla chief also terminated senior executives. The CEO demolished part of the unit responsible for...

Tesla Expands Semi Trials to Sysco After PepsiCo Success

Teslas Semi has once again exceeded expectations with food distribution giant Sysco, marking a significant step beyond its initial partnership with PepsiCo. Photographed in California, the Tesla Semis trial demonstrates...

Blockstream CEO Adam Back Highlights Unique Aspects of Hong Kong's Bitcoin, Ethereum ETFs

Adam Back, CEO of Blockstream, recently detailed the unique characteristics of Hong Kongs newly launched Bitcoin and Ethereum ETFs on X, emphasizing their in-kind redemption model, which sets them apart from their U.S....

Massive 624 Billion SHIB, PEPE Purchase by Whales Could Signal More Rallies

Recent on-chain data reveals that whales have amassed 624 billion SHIB and PEPE coins, injecting a wave of optimism and triggering speculation about sustained upward trends in the prices of these meme coins. Whales...

Binance's CZ Partners with OpenAI's Altman on AI Investment Venture

Changpeng Zhao, the former CEO of Binance, is engaging in strategic talks with OpenAI CEO Sam Altman to explore potential investments in artificial intelligence. This collaboration comes as Zhao faces significant legal...