Europe's last 'wild river' is now a protected national park
The Vjosa River is now a national park following campaigns by ... Show more
https://www.weforum.org/agenda/2023/03/europes-last-wild-river-is-now-a-protected-national-park?utm_source=facebook&utm_medium=social_scheduler&utm_term=Forests&utm_content=23%2F03%2F2023+06%3A00
Here's what wind power generation looks like in the US
Texas is the US state with the most wind power generation, with enough to power 12 ... Show more
https://www.weforum.org/agenda/2023/03/heres-what-wind-power-generation-looks-like-in-the-us?utm_source=facebook&utm_medium=social_scheduler&utm_term=Energy+Transition&utm_content=23%2F03%2F2023+04%3A00
Here's how central banks have used gold in the last 30 years
Gold plays an important role in the financial reserves of numerous nations. In 2022 ... Show more
https://www.weforum.org/agenda/2023/03/heres-how-central-banks-have-used-gold-in-the-last-30-years?utm_source=facebook&utm_medium=social_scheduler&utm_term=Financial+and+Monetary+Systems&utm_content=23%2F03%2F2023+01%3A00
Quick Glance: CDU Official Demands Halt to Nuclear Power Plant Decommissioning
- A revelation from "Cicero" magazine indicates that the decision for Germany's nuclear phase-out was primarily driven by green anti-nuclear activists, sparking harsh criticism towards Economy Minister Robert Habeck.
- The Economy Ministry refutes the "Cicero" portrayal, emphasizing that decisions were based on transparent and open-ended evaluations.
- The CDU and FDP criticize Habeck, calling for clarification and a reassessment of the nuclear power plant decommissioning.
- Experts and politicians express concerns over potential public misrepresentation and the erosion of trust in the government due to the revelations from the documents.
Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
- Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.
- Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.
- The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.
- Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
Quick Glance: ADB Forecasts Developing Asia Growth at 4.9% in 2024, Risks Persist
- ADB raised its growth forecast for Developing Asia to 4.9% in 2024, highlighting ongoing challenges like escalating geopolitical tensions.
- China remains a concern for regional growth due to a prolonged property crisis and other issues.
- The ADB predicts regional inflation to decrease to 3.0% by 2025.
- Detailed GDP growth and inflation forecasts for various Asian countries were also provided.
Quick Glance: Broadband customers receive detailed price and performance information
- Starting today, the transparency of broadband services for internet users is being enhanced.
- The Federal Communications Commission has mandated that broadband providers must display all details regarding the pricing and performance of their services in clear labels.
- These labels provide clear and easily understandable information about price, speed, data allowances, and other aspects of high-speed internet service.
- The Affordable Connectivity Program has already enrolled over 23 million households across all 50 states, territories, and federally recognized tribal lands.
Quick Glance: US economy adds impressive 303,000 jobs last month
- Employers added 303,000 jobs in March, bringing the unemployment rate down to 3.8%.
- US stock futures rose slightly on Friday morning, but markets have had a rough week.
- The S&P 500 companies are expected to report positive first-quarter earnings, fueling optimism in the market.
- Investors are hopeful for a strong earnings season to continue the stock rally amidst concerns about inflation and interest rates.
Quick Glance: Survivors of Baltimore Bridge Collapse: Workers in Their Cars
- Julio Cervantes survived bridge collapse, others missing or dead
- Construction workers were in their cars when ship hit bridge
- Two bodies found, four missing, presumed dead
- President Biden promises bridge reconstruction
Quick Glance: Chinese Leader Xi Warns Against Technology Restrictions
- Chinese President Xi Jinping told Dutch Prime Minister Mark Rutte that attempts to restrict China’s access to technology will not hinder the country’s progress.
- In 2023, the Netherlands imposed export licensing requirements on machinery used to make advanced processor chips.
- Xi cautioned against scientific and technological barriers that could lead to division and confrontation.
- Rutte emphasized the importance of protecting ASML's interests while acknowledging that national security takes precedence over economic interests.
Quick Glance: Fate of BOJ's Stimulus Tools Revealed
- The Bank of Japan ended eight years of negative interest rates and other unorthodox measures to boost growth. Details on changes to the stimulating tools were disclosed.
- The negative interest rate policy was lifted, and the bank now pays a 0.1% interest rate on excess reserves to withdraw money from the economy.
- Yield curve control was dismantled, but the bank will continue to buy bonds and intervene with larger purchases if bond yields rise rapidly.
- The purchase of risky assets like ETFs and REITs was discontinued, and the commitment to maintain massive stimulus was withdrawn to reassure the market.
Quick Glance: Could TikTok Face a Ban in the US?
- TikTok once again finds itself in a precarious position due to a legislative proposal.
- A bill unanimously approved by the House would ban TikTok if it doesn't sever ties with ByteDance, its parent company in Beijing.
- Concerns exist that TikTok could share data with the Chinese government, raising national security worries.
- A nationwide ban could impact small businesses, influencers, and users who utilize the platform for marketing purposes.
Quick Glance: Hull 'Willy Wonka' actor reveals chaotic £35 'experience'
- The main actor of a failed Willy Wonka-inspired event shared his concerns before the show.
- Paul Connell, who portrayed the iconic character, described the event in Glasgow as 'absolute chaos'.
- Despite their efforts, the actors are still awaiting payment. Paul expressed the situation as highly embarrassing.
- The organizers, House of Illuminati, had to cancel the event shortly after its opening. Police intervention was necessary due to angry crowds forming on-site.