Defunding the WHO was a calculated decision, not an impromptu tweet
Apr 21, 2020 12:37 pm UTC| Politics Economy
It wouldnt make much sense to sack the fire service during a forest fire, yet thats effectively what US President Donald Trump has done by suspending funding to the World Health Organization (WHO) in the middle of a...
Five ways collective intelligence can help beat coronavirus in developing countries
Apr 21, 2020 12:34 pm UTC| Technology Economy
The COVID-19 pandemic has so far had the greatest impact in developed economies with strong health systems. And the results have been terrifying. But the epicentre of the pandemic could soon shift again to low and...
Good news on elective surgery, but dire warning on the economy
Apr 21, 2020 12:31 pm UTC| Economy
Restrictions are to be eased on elective surgery, enabling a gradual restart to procedures next week. But as national cabinet took early baby steps towards restoring normality, Reserve Bank Governor Phil Lowe warned the...
What just happened to the price of oil?
Apr 21, 2020 12:30 pm UTC| Investing Economy
We have just witnessed an oil price crash like never before taking prices of West Texas Intermediate into deeply negative territory. The spot price of West Texas, the US benchmark, reached minus US$40.32 a barrel and...
Oil crash explained: How are negative oil prices even possible?
Apr 21, 2020 12:22 pm UTC| Economy
Its hard to believe that the price of any commodity, let alone oil, can dip into negative territory. But thats just whats happened to oil prices. COVID-19 has prompted lockdowns, shuttered factories and stopped people...
Apr 21, 2020 12:20 pm UTC| Market Roundups Economy
Market Roundup Investors focus on EU meeting on Thursday Italian 10-year yield hits 2%; new bonds set to price German yields drop as investors seek safety UK Feb Average Earnings ex Bonus 2.9%,3.0% ...
Coronavirus: how economic rescue plans can set the global economy on a path to decarbonisation
Apr 21, 2020 12:19 pm UTC| Economy
As states contemplate how to restart the global economy after the pandemic, its important to remember that weve been here before. The global financial crisis of 2008 didnt cause as much social and economic harm as COVID-19...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects