Fungal toxins are widespread in European wheat – threatening human health and the economy

Dec 19, 2022 16:37 pm UTC| Economy

Wheat provides 19% of the calories and 21% of the protein consumed by humans globally. But a fungal disease called fusarium head blight (FHB), which can infect wheat crops and contaminate the grain with toxins, is on the...

Yes, the government's price cap is overly generous to gas producers. But it was necessary

Dec 19, 2022 16:35 pm UTC| Economy

To tackle the energy crisis about to send our bills skywards, the Albanese government last week capped gas prices temporarily in the east coast market, proposing a figure of A$12 per gigajoule. A gigajoule of gas has the...

Interest rates: why your mortgage rates are rising but your savings rates are not – and how better monetary policy could help

Dec 19, 2022 16:34 pm UTC| Economy

The Bank of England, the UKs central bank, has raised its main interest rate by 0.5% to 3.5%. This is the ninth in a series of increases over the past year that have had a ripple effect across the economy. A central...

How crowdfunding could raise US$12 billion to boost renewable energy access in Indonesia

Dec 19, 2022 16:27 pm UTC| Economy

Indonesia has a target to have 23% of its energy mix coming from renewable sources by 2025, and the country needs at least Rp 1,600 trillion (US$102.4 billion) to make that happen. This is not an easy task, especially...

Two economists forecast what's ahead in 2023

Dec 19, 2022 16:23 pm UTC| Economy

With the current U.S. inflation rate at 7.1%, interest rates rising and housing costs up, many Americans are wondering if a recession is looming. Two economists discussed that and more in a recent wide-ranging and...

Cosmetics companies in South Korea struggling to contain trademark infringements in China

Dec 19, 2022 10:10 am UTC| Business Economy

Cosmetics and beauty companies in South Korea are said to be struggling to deal with the growing trademark infringements in China. The Korea Intellectual Property Protection Agency (KIPO) said on Sunday, Dec. 18, that...

F1 team Red Bull to end Tezos sponsorship deal

Dec 19, 2022 09:58 am UTC| Sports Economy Business Technology

Formula One team Red Bull Racing will terminate a multi-year sponsorship deal with blockchain collectibles platform Tezos. Red Bull tapped Tezos services in May 2021 to help create bespoke NFTs available on its...