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Sun, May 19, 2024 06:46 PM All times are UTC

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Germany’s labor market likely eased slightly in February on weak external demand, financial market volatility

Feb 29, 2016 12:36 pm UTC| Commentary

The labor market in Germany is likely to have eased slightly in February due to the negative headwinds from weak external demand and financial market volatility. However, it is likely to be only a slow easing. The number...

Briferendum Series

Briferendum series: Brexit is a threat for EU too

Feb 29, 2016 12:25 pm UTC| Commentary

Brexit debate so far has been concentrated too much over UK as if an exit from European Union would only open up the devil for Britain and rest of the Europe will thrive. If anyone has any notion of such, they can throw...

Euro area February manufacturing PMI likely revised down from flash estimate on global markets volatility

Feb 29, 2016 12:10 pm UTC| Commentary

Euro area manufacturing PMI for February is expected to have been revised down from the flash estimate by one tick to 50.9 due to the recent volatility in global markets and uncertainty in global demand. This suggests a...

South Korea’s trade flows likely stabilised in February from falls seen in January

Feb 29, 2016 11:54 am UTC| Commentary

South Koreas imports and exports are expected to stabilise in February from the decline witnessed in January. The exports are expected to decline to $34.8bn from $36.6bn in January, whereas imports are expected to fall to...

Australia’s current account deficit likely widened in Q4 2015, but exports likely grew nevertheless

Feb 29, 2016 11:29 am UTC| Commentary

Australias trade deficit is expected to have widened to AUD9.5bn in Q4 from AUD7.5bn in Q3, little smaller than deficit of Q2. The current account deficit is also expected to widen from 18.1bn in Q3 to 19.5bn. This is...

Euro might drop further as German 10-year yield nears zero

Feb 29, 2016 11:26 am UTC| Commentary

Euro is down 470 pips from its recent high around 1.137 against Dollar reached during early February. Last week Dollar got its boost from GDP numbers as growth was at 1% for fourth quarter, much better than expected at...

Euro area’s annual inflation decelerates below zero again in January, core rate low on slow wage rise

Feb 29, 2016 11:06 am UTC| Commentary

Euro area annual inflation decelerated to -0.2% in February, as compared with 0.3% in January. On a monthly basis, prices rose only 0.1% m/m, 0.5 percentage points less than in 2015. Four of the major euro nations recorded...

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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

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

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...

Technology

Massive SHIB Transfers Occur Despite Sharp Decline in Shibarium Transactions

Shiba Inu (SHIB), a dog-themed cryptocurrency, has seen a startling 3,015% increase in large holder NetFlow, which provides insight into whales changing positions. However, this impressive surge comes with a...

SHIB Whale Activity Surges Amid Plummeting Shibarium Transaction Volumes

While the Shiba Inu developer team continues to work on and implement key updates to the Layer-2 blockchain, Shibarium is seeing a significant drop in transaction volume, which has been ongoing for about a month. This...

AirTag With New Chip and Improved Tracking Due Next Year; No New Mac Studio, Pro Until Mid-2025: Mark Gurman

Apples upcoming AirTag, equipped with an upgraded chip and enhanced tracking, is expected to launch by mid-2025, as detailed by Bloombergs Mark Gurman. He also claimed that Apple will not update the Mac Studio and Mac Pro...

Shibarium Faces 97% Drop in Transactions, Yet Transfers Rise Steadily

High FDVs on Binance Listings Lead to Investor Losses, Analysis Reveals

An analysis of Binance listings over the past six months reveals that high fully diluted valuations often lead to token value loss, adversely affecting regular investors while benefiting insiders. VC-Backed Tokens on...