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Sat, May 18, 2024 11:51 AM All times are UTC

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Europe Roundup: Sterling steadies ahead of BoE policy meet, dollar index hits 2-week peak on Fed rate hike expectations, European shares rebound - Thursday, February 8th, 2018

Feb 08, 2018 11:21 am UTC| Market Roundups

Market Roundup Germany Dec trade balance, eur, sa decrease to 21.4 bln eu (forecast 21.7 bln eu) vs previous 22.3 bln eu Germany Dec imports mm sa decrease to 1.4 % (forecast -0.5 %) vs previous 2.3...

Asia Roundup: Kiwi hits 1-month low on dovish RBNZ stance, dollar index at 2-week peak as U.S. Treasuries yields resume rise, Asian shares consolidate near 6-week trough - Thursday, February 8th, 2018

Feb 08, 2018 06:33 am UTC| Market Roundups

Market Roundup China Jan Imports YY, 36.9% vs 4.5%, fcast 9.8% China Jan Exports YY, 11.1% vs 10.9%, fcast 9.6% China Jan Trade balance (USD), 20.34 bln vs 54.69 bln, fcast 54.10 Bank of England to...

Americas Roundup: Dollar index rises for fourth straight session, Euro slips on finance minister reports, ECB's Nowotny comments, Wall St ends lower, Gold slips as stronger dollar pushes metals liquidation-February 8th 2018

Feb 07, 2018 21:15 pm UTC| Market Roundups

Market Roundup U.S. Congress leaders reach $300 bln budget deal. US Dec Consumer Credit, 20.00B forecast, 27.95B previous. US w/e MBA Mortgage Applications, 0.7%, -2.6% previous. US w/e MBA 30-Yr Mortgage...

Europe Roundup: Sterling slumps on Brexit transition concerns, euro at 2-week low despite easing political worries, European shares bounce back - Wednesday, February 7th, 2018

Feb 07, 2018 11:35 am UTC| Market Roundups

Market Roundup Italy Dec retail sales nsa yy decrease to -0.1 % vs previous 1.4 % Italy Dec retail sales sa mm decrease to -0.3 % vs previous 0.9 % (revised from 1.1 %) Italy Dec retail sales sa mm decrease...

Asia Roundup: Antipodeans off multi-week lows, dollar index steadies near 2-week peak amid improving risk sentiment, Asian shares rebound - Wednesday, February 7th, 2018

Feb 07, 2018 06:41 am UTC| Market Roundups

Market Roundup Asia stocks back from the brink as Wall St rallies U.S. House passes stopgap spending bill to avert shutdown U.S. Fed seen staying on rate-hike path after stock market plunge Pence views...

Americas Roundup: Dollar index increases for third straight session, Gold slips as investors eye higher U.S. interest rates, Oil prices sink, Brent slips to one-month low,WTI falls to two-week low-February 7th 2018

Feb 06, 2018 21:42 pm UTC| Market Roundups

Market Roundup US Dec International Trade MM $, -53.1B, -52.0B forecast, -50.5B previous, -50.4B revised. US Dec JOLTS Job Openings, 5.811M, 5.900M forecast, 5.879M previous, 5.978M revised. US Dec Goods Trade...

Europe Roundup: Sterling steadies amid renewed Brexit concerns, euro rallies on better-than-expected German factory orders, European shares slump - Tuesday, February 6th, 2018

Feb 06, 2018 11:32 am UTC| Market Roundups

Market Roundup France Q1 industrial investment (current year) stays flat at 4 % vs previous 4 % France Dec budget balance increase to -67.8 bln eu vs previous -84.7 bln eu Germany Dec industrial orders mm...

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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

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...

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...

Technology

Bitcoin's Rise Fueled by $222M ETF Inflow: What’s Next for BTC?

Bitcoins price jumped over $67,000 after a $222 million ETF inflow, highlighting strong market momentum and investor enthusiasm. ETF Inflows and Bitcoins Price Surge Recent data from Farside Investors indicates that...

Ex-OpenAI Exec Criticizes Sam Altman's Focus on 'Shiny Products' Over AI Safety Concerns

Former OpenAI executive Jan Leike resigns, criticizing the companys prioritization of shiny products over AI safety, calling out Sam Altmans leadership. Safety vs. Product Focus Leike, the leader of an artificial...

Binance Enhances SHIB, USTC, AGIX Trading and Liquidity for Better Market Dynamics

Binance has announced efforts to enhance liquidity and trading for Shiba Inu (SHIB), USTC, and SingularityNET (AGIX), including tick size adjustments aimed at improving market dynamics and trading experience. Binances...

OpenAI Disbands Team Tackling AI Risks Amid Leadership Changes and GPT-4o Launch

OpenAI has dismantled its Superalignment team, initially formed to address AI risks, following the resignations of key leaders Ilya Sutskever and Jan Leike. OpenAI Disbands Superalignment Team Days After Leaders Resign,...

$73M Crypto Scam: Two Foreign Nationals Arrested for 'Pig Butchering'

The Justice Department prosecuted two Chinese nationals on Friday in a cryptocurrency scam that laundered at least $73 million from deceived victims. Defendants Allegedly Used Shell Corporations to Launder Funds Through...