Author Archives
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New Study Predicts 410 Million People At Risk Of Sea Level Rise Perils
A new study has shown that unless there is a drop in carbon emissions globally, the lives of up to 410 million people will be threatened from sea level rises as they would be living in areas less than 2… Read More ›
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Policymakers Face ‘Daunting Challenges’ Due To Uneven Global Recovery, BIS Says
The Bank for International Settlement (BIS)’s annual report claimed on Tuesday that policy makers would find it dauntingly challenging to recalibrate the fiscal and monetary stimulus because of an uneven global recovery from the Ccovid-19 crisis. The BIS predicted its… Read More ›
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Chinese Consumers Costs Will Not Be Impacted By Surge In Producer Prices, Says JPMorgan
Costs for Chinese consumers are likely not to experience a surge despite a recent increase in producer prices in the country, according to JPMorgan Private Bank’s Alex Wolf. “We don’t see (producer inflation) really going into consumer prices. They’ve risen… Read More ›
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Calls For Reparations Over Racism Given By UNHRC Chief
A call for global action, including that of reparations to “make amends” of racism against people of African descent, was given by the United Nations Human Rights Council (UNHRC) in a new report. The new UNHRC report also urged governments… Read More ›
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Crypto Companies Shy Away From Trying To Register In Britain Amid Greater Scrutiny
With growing scrutiny of the cryptocurrency sector throughout the world, a an increasing number of crypto asset firms are scrapping plans and efforts to get registered with the British financial regulator. Binance, one of the world’s biggest crypto exchanges, was… Read More ›
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EU To Tighten Carbon Market, Shows A Draft Plan: Reports
Tougher measures to control its carbon market in order to cut down on emissions faster and to put a price tag on pollution kin new sectors is being planned by the European Union, claimed reports quoting information from people with… Read More ›
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Thousands Attend The Mobile World Congress Mobile Tech Show In Barcelona
The annual mega festival for mobile communications in the world kin Barcelona is seeing a flow of people from all over the world carrying with them the one must-have tech – a negative Covid-19 test, an FFP2 face mask and… Read More ›
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Covid-19: Fully Vaccinated People Should Continue To Wear Masks As Delta Variant Is Spreading, Says WHO
With the highly contagious delta variant of coronavirus spreading rapidly across the globe, a call for fully vaccinated people to continue to wear masks, maintain social distancing as well as other Covid-19 pandemic safety measures was given on Friday by… Read More ›
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European Crude Refinery Runs To Be Curbed By Sluggish Jet Demand, Says FGE
Regional refiners of Europe are being forced to blend aviation fuel into diesel because of little demand for aviation fuel and due to forecasts that any recovery in European jet fuel demand to levels prior to the Covid-19 pandemic is… Read More ›
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Swedish Fintech Startup Tink To Be Acquired By Visa For $2.2 Billion
European open banking platform Tink will be acquired by Visa Inc in a deal worth 1.8 billion euro ($2.2 billion), the payments giant said on Thursday. It was just a few months ago that Visa backe3d away from a planned… Read More ›
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