Existing estimates suggest that a 10% depreciation in the lira against the US dollar results in around a two percentage point rise in inflation. Given that inflation has only risen by about one percentage point since the summer, that suggests it has a long way to go yet.
Read moreDetailsUntil the Omicron variant hit the headlines, the signs were that 2021 was going to close with a stellar stock-market performance. Most markets have been on the rise since the beginning of the year, with the S&P500 up about 25% and the FTSE All Share index up by about 10%.
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Read moreDetailsLast week, AstraZeneca’s chief executive officer said the company’s COVID vaccine may provide longer-lasting protection than mRNA vaccines like Pfizer’s, especially in older people.
Read moreDetailsThe online community is buzzing after Kyle Rittenhouse is found not guilty in recent racial injustice trial.
Read moreDetailsAustralians have been warned to do their Christmas shopping early, as international supply chain issues are impacting global shipping. One industry under particular pressure is that of books, with printers, publishers and booksellers in Australia, the United States and Britain feeling the impact at their most important time of year.
Read moreDetailsAlec Baldwin is one among many others who are facing a lawsuit filed by Rust Script Supervisor Maine Mitchell.
Read moreDetailsThe emergence of a new SARS-CoV-2 variant of concern, Omicron, has reignited global discussions of vaccine distribution, virus mutation, and immunity against new virus strains.
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Read moreDetailsThroughout 2021, National continued to struggle under Collins’ leadership, with a recent poll reporting she had a net negative disapproval rating of 31%.
Read moreDetailsE-commerce and Christmas have become so entwined that Dave Clark, a senior executive at Amazon, calls his company’s warehouses “Santa’s workshops”.
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Read moreDetailsThe business media has gone into overdrive trying to decipher what Xi’s supposed populism means for investors in Chinese stocks.
Read moreDetailsMorocco has positioned itself as a global leader in the fight against climate change, with one of the highest-rated national action plans.
Read moreDetailsResearch by journalists and academics from around the world confirms that technology and social trends are driving changes in how and where news is created and consumed.
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Read moreDetailsDespite the early claims of British prime minister Boris Johnson’s much vaunted plan to cap personal adult social care costs, his government’s new plan – designed to save the Treasury £900 million year – will see only those people with more expensive homes gain. The poorer pensioner still risks losing...
Read moreDetailsTen months into his presidency, Joe Biden’s poll numbers are, by any measure, lukewarm. According to the latest figures, taken on November 24, only 43% of Americans approve of his performance in office, while a majority think he is not doing a good job.
Read moreDetailsArtificial intelligence (AI) is already making decisions in the fields of business, health care and manufacturing. But AI algorithms generally still get help from people applying checks and making the final call.
Read moreDetailsOnline bullying and misinformation are growing problems, and government action to address them is overdue.
Read moreDetailsWith the holiday shopping season upon us, many people will be taking advantage of the low prices and speedy delivery promised by Amazon. The online retail giant is more popular than ever, and it is bringing on thousands more employees to meet demand.
Read moreDetailsA NASA spacecraft the size of a golf cart has been directed to smash into an asteroid, with the intention of knocking it slightly off course. The test aims to demonstrate our technological readiness in case an actual asteroid threat is detected in the future.
Read moreDetailsThe German linguist Heinrich Zimmer once described the ocean as “limitless and immortal … the beginning and end of all things on Earth”.
Read moreDetailsThe Black Summer forest fires of 2019–2020 burned more than 24 million hectares, directly causing 33 deaths and almost 450 more from smoke inhalation.
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Read moreDetailsAcross western countries, people are polarised over wearing masks. While some support wearing them as an effective counter to the virus, others believe having to mask up is a contravention of their human rights.
Read moreDetailsAcross the world, energy systems are going digital. Electricity bills are more and more likely to pop up as an alert on your phone rather than popping through your letterbox. And many people now monitor their energy usage at home through smart meters that predict charges in real time.
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Read moreDetailsAccording to the UK government, 81% of people who responded to its consultation supported the move. This aligns with findings from roadside breakdown group RAC, whose annual report on motoring regularly shows that mobile phone use by other drivers is a top concern for motorists.
Read moreDetailsCreating an online presence is easier than you think. Here's how you can boost your online reach.
Read moreDetailsFall 2021 has been filled with a steady stream of media coverage arguing that Meta’s Facebook, WhatsApp and Instagram social media platforms pose a threat to users’ mental health and well-being, radicalize, polarize users and spread misinformation.
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Read moreDetailsPeople in cities often choose how to travel based on how long it will take. In recent years, navigation apps such as Google Maps and CityMapper have enabled people to decide between various modes of transport by seeing which one most quickly gets them where they want to go.
Read moreDetailsA consistent feature of the pandemic has been the presence of a relatively small but vocal number of conspiracy theorists who resist attempts to tackle COVID-19. Their views might seem marginal and extreme but recent research suggests that we should take them seriously.
Read moreDetailsBillions of solar panels globally will soon come to the end of their lives, but when they get thrown away, essential materials that are needed to make future panels are being wasted.
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Read moreDetailsHard on the heels of the political deal-making by major powers and corporate lobbyists at the COP26 climate conference, similar manoeuvres are shaping the World Trade Organization’s (WTO) 12th Ministerial Conference (MC12), scheduled to begin on November 30 in Geneva.
Read moreDetailsLearning how to save money is a necessary skill everyone needs to know. Here are some amazing ways you can do this.
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Read moreDetailsThe euro has weakened against the US dollar since the beginning of 2021, from around US$1.23 to its current exchange rate of US$1.13. That’s a fall of about 9%, which is significant, especially since these are the two major currencies of the world.
Read moreDetailsPresident Joe Biden ordered a release of oil from its Strategic Petroleum Reserve on Nov. 23, 2021, as a part of a coordinated effort with five other countries to tamp down rising fuel prices.
Read moreDetailsJob vacancies in Australia are at a record level. The Australian Bureau of Statistics’ job vacancy rate, measuring the proportion of available jobs currently unfilled, is now more than 2.5% – the highest level since the series started in the late 1970s.
Read moreDetailsThe Supreme Court case, New York State Rifle and Pistol Association v. Bruen, challenges a state law that requires authorities to exercise discretion when issuing concealed-carry pistol permits.
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Read moreDetailsDespite the progress and momentum of the COP26 climate conference in Glasgow, we are still not moving fast enough to avoid the worst of climate change.
Read moreDetailsCool-season rainfall in southwest Western Australia has already decreased, and ongoing drying in this area is assessed to be very likely. There’s strong evidence this trend contains a “signal” of climate change, otherwise known as a climate change “fingerprint”.
Read moreDetailsAccording to the World Health Organization, cloth masks should have three layers. The inner layer should be soft cotton as this is more comfortable on the face.
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Read moreDetailsThe good news is supposed to be that when the government gets out of the way “can-do capitalism” will have us roaring back to where we were before.
Read moreDetailsInflation fears have been mounting. The UK annual rate hit 4.2% in October, the highest in a decade, and it’s a similar story in numerous other countries.
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