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Tue, May 21, 2024 04:47 AM All times are UTC

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Brazil's rising unemployment to help inflation, but not consumption

Jun 25, 2015 05:45 am UTC| Commentary

Seasonally-adjusted series suggests that Brazils unemployment rate actually bottoming at 4.5% in June 2014 and has risen to 6.0% since then."In May, a 0.2pp increase is expected in the unemployment rate to 6.6% as...

Czech CNB meeting likely not to bring any change in monetary policy

Jun 25, 2015 05:38 am UTC| Commentary

Macroeconomic indicators have been besting expectations, with gross value added posting very solid results in Q4 14 and even better results in Q1 15.More importantly, inflation has surprised on upside, removing another...

Japan's May unemployment rate likely rose, but employment situation to strengthen in 2015

Jun 25, 2015 05:29 am UTC| Commentary

Japans unemployement data for May is due on 25th June.The number of job seekers that dropped out of the labour force increased in March and April. This led to a technical improvement in the unemployment rate (it was 3.5%...

UK retail sales strong but not that strong

Jun 25, 2015 05:22 am UTC| Commentary

The CBI Distributive Trades survey will give the first information on retail sales in (early) June.The survey makes comparisons with the same month a year earlier and so the balances are heavily influenced by the variable...

CT hike effect drops out of Japan's annual rate

Jun 25, 2015 05:21 am UTC| Commentary

Japans nationwide CPI (excluding fresh food) probably remained flat in May from a year ago (0.0% yoy), marking a significant slowdown from the +0.3% yoy observed in April. Following the introduction of the consumption tax...

EU Council to discuss further euro area economic integration but little progress likely

Jun 25, 2015 05:08 am UTC| Commentary

The key topic for the June Council is the move towards further euro area integration and to improve governance. The report from the Four Presidents (EU, Commission, ECB, and Council) will be presented. This report is...

Digital Single Market strategy, the first topic to be discussed at EU summit today

Jun 25, 2015 05:06 am UTC| Commentary

The official economic agenda at EU summit includes the Digital Single Market strategy, the European Semester, the TTIP and the report from the four Presidents on euro area integration, while Greece is no doubt going to be...

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Economy

Interest rates: the ugly dilemma facing Europe’s central banks – and why it’s a mistake to cut too soon

Central banks in Europe are discovering an old dilemma: when they lower interest rates because inflation is slowing down, its likely to weaken their currencies. This in turn may delay the fall in inflation towards their...

Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity

Some believe that the war in Ukraine has fundamentally changed Europe, giving birth to a different kind of European order. That is, it appears to be driving structural shifts in the way Europe is run and organised that...

Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle of high payments

There are 8.5 million households in the UK who own a home with a residential mortgage, often with fixed interest rates from two to five years. Usually, when that mortgage deal ends, the borrower will move to another deal...

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...

Politics

Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act

At the end of April 2024, a long and peaceful process of national dialogue in Gabon between the military junta, presided over by coup leader General Brice Oligui Nguema, and civil society, represented by 580 civilians,...

How German media attention idealises female Ukrainian refugees

According to the latest available data, around 3.7 million Ukrainians are internally displaced, while nearly 6.5 million have registered as refugees globally. With 1.13 million, Germany has taken in the largest...

Over 26 million South Africans get a social grant. Fear of losing the payment used to be a reason to vote for the ANC, but no longer – study

Social grants to reduce poverty feature prominently in the campaign promises of political parties in South Africas 2024 national and provincial general elections, set for 29 May. The countrys social grants system is one...

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...

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

Shibarium BONE Token Set for Potential Binance Listing, Price Up by 5%

Binances recent request for project proposals has ignited the Shiba Inu community, fueling a 5% surge in BONE token price amid speculation of a potential listing. Binances New Strategy Supports Small-to-Medium...

Wendy’s Launches $3 Breakfast Deal as McDonald’s Tests Limited $5 Value Meal in June

Wendys will offer a $3 breakfast deal starting May 20, while McDonalds plans a $5 value meal for June, reflecting a strategic push to attract budget-conscious consumers amid high inflation. Wendys $3 Breakfast Deal...

Ethereum Trends Amid SEC ETH ETF Speculation and $341M Whale Purchases

Ethereum has become the top trending asset, driven by SEC ETH ETF speculation and massive whale purchases totaling $341 million in the past 24 hours. Ethereum Whales Boost Holdings by $341M as SEC ETH ETF Decision...

Analysts Suggest SEC May Reconsider Spot Ether ETF Denial Amid Market Speculation

Analysts James Seyffart and Eric Balchunas have increased the likelihood of the SEC approving a spot Ether ETF from 25% to 75%, citing new speculation about the regulators stance. ETF Analysts Increase SEC Spot Ether...

OpenAI Suspends ChatGPT Sky Voice Following Scarlett Johansson 'Her' Comparisons

OpenAI has decided to suspend its ChatGPT Sky voice after multiple users noted its resemblance to Scarlett Johanssons voice in the 2013 film Her. OpenAI Addresses Voice Similarity Concerns OpenAI says it will pause...