Great Britain's economy entered recession in the second half of 2023 after contracting a worse-than-expected 0.3% in the three months to December and also contracting 0.1% in the July-September period, official data showed on Wednesday. A Reuters poll of economists pointed to a smaller 0.1% fall in gross domestic product (GDP) between October and December. […]
The UAE has implemented the first digital transfer of dirhams through the mBridge platform. The mBridge system is the largest cross-border CBDC (Central bank digital currency) pilot project to date. This is a joint development of China, the UAE and Thailand. mBridge's biggest impact will be on sanctions because it creates a decentralized blockchain system […]
SpaceX is preparing the first commercial space mission, Inspiration4, for launch on September 15. The crew consists of four people, none of whom are professional astronauts. The SpaceX and Inspiration4 teams have already met at SpaceX headquarters in California to assess the readiness of the Falcon 9 rocket, Dragon spacecraft, ground systems, recovery facilities, crew […]
New Horizons, flying through the outer edge of the Kuiper Belt, detected higher dust densities at a distance where theoretical models would suggest it would decline. Scientists explained this effect by saying that the boundaries of the study area may be wider than previously thought. The Kuiper Belt is part of the outer region of […]
Russia is reducing supplies of thermal coal, but increasing exports of metallurgical coal, which is more expensive. Experts say that this not only brings in more money, but also forms a long-term bond between the buyer and the supplier’s products. The Russian Ministry of Energy expects that coal production of 440 million tons and exports […]
Israel's war cabinet will meet this afternoon to discuss how to respond to the Iranian attack, two Israeli officials said. They said one possible response, a retaliatory strike that some Cabinet members had proposed, was called off after Prime Minister Benjamin Netanyahu spoke by phone with President Biden on Saturday and because the strikes hit […]
Florida lawmakers are moving to ban Bill Gates' counterfeit meat products in the state due to overwhelming evidence that lab-grown meat causes cancer. Following the adoption of the new law, any company or individual found producing or selling fake meat will be subject to criminal prosecution. However, state legislators believe that a complete ban on […]
As part of Black Lives Matter week at school, students at Lincoln High School were given a handout/worksheet defining the “9 Signs of White Supremacy,” according to the father of one of the students. Seattle students were told that “Worship of the Written Word” is white supremacy because it “erases the wide range of ways […]
With first-quarter 2024 results ahead, uncertainty reigns in the stock market. Concerns are growing in the US stock market even as market gains pile up. Persistently high inflation may reduce the likelihood of the Federal Reserve cutting interest rates in the near future. Meanwhile, consumers are struggling with rising grocery bills and sky-high housing and […]
China Construction Bank (CCB), one of the largest state-owned banks in China, has launched e-wallet registration for the digital version of the yuan in its official application. Now not only companies and some government agencies, but also individuals in China will be able to use cryptocurrency. The digital yuan is an electronic version of the […]