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News & Updates

March 26, 2021 Jerome Powell: Economy Is Better Thanks To 'Dunkirk'-Like Rescue By Fed, Congress

Source: NPR

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.

March 25, 2021 Urban environmentalism has failed — it's time for new perspective

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...

March 25, 2021 Satellite imagery shows mega container ship blocking Egypt’s Suez Canal

Source: CNBC

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 Dalio

Source: Yahoo Finance

Is it dangerous? And what do you think the likelihood of the government outlawing it is? And is that even feasible?

March 24, 2021 Diversifying water sources to ensure reliability and sustainability

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 rich

Source: 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 Weeks

Source: 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...

March 23, 2021 EU considers labelling gas as sustainable in investor rule book

Source: FT

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 night

Source: 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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