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News & Updates
A year after the pandemic plunged the U.S. economy into it worst crisis since the Great Depression, Federal Reserve Chairman Jerome Powell is largely satisfied with the central bank's rapid-fire response.
Source: The Hill
At the start of Biden’s presidency, he signed an executive order promising to protect 30 percent of American land and water by the year 2030. Last week, congressional Democrats and Republicans sent separate letters asking for...
Satellite imagery gives another perspective on the developing situation in Egypt’s Suez Canal, where a mega cargo container ship was turned sideways and became stuck, blocking the busy passageway.
March 25, 2021 Powell and Yellen’s game plan is evocative of the World War II playbook. Here’s what happened then.Source: MarketWatch
Day one of the joint appearance from Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen on Capitol Hill didn’t surprise anyone, but did lay out the current blueprint for U.S. economic policy. Monetary policy...
March 25, 2021 ‘Good probability’ the U.S. will outlaw bitcoin: Ray DalioSource: Yahoo Finance
Is it dangerous? And what do you think the likelihood of the government outlawing it is? And is that even feasible?
Source: ESI Africa
The City’s New Water Programme (NWP) forms part of the City of Cape Town Water Strategy: Our Shared Water Future. The programme is meant to bring new water online to ensure a safe, reliable supply through groundwater abstraction,...
March 24, 2021 Wealth tax, estate tax, capital gains: Here’s how Democrats want to tax the super richSource: CNBC
Democrats may soon be raising taxes on the rich, as lawmakers pivot to priorities beyond pandemic relief. A change in the way Uncle Sam taxes the wealth, capital gains and estates of the super wealthy may be on the table,...
March 24, 2021 E.U. Set to Curb Covid Vaccine Exports for 6 WeeksSource: NY Times
The European Union is finalizing emergency legislation that will give it broad powers to curb exports for the next six weeks of Covid-19 vaccines manufactured in the bloc, a sharp escalation in its response to supply shortages at...
Brussels is considering classifying gas as a partially sustainable technology under its landmark green labelling system for investors who want to plough their money into sustainable finance.
March 23, 2021 What's keeping America's top economists up at nightSource: CNN
There's a reason economics is frequently called the "dismal science." What's happening: The US economy is on track for a boom, with the Federal Reserve predicting last week that it would expand by 6.5% this year. That would mark...
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