UK launches world’s first green savings bond: What the savers can get?

Summary The plan seeks to extend the repayment time and lower monthly principal and interest rates for mortgages. It aims to prevent a repetition of the sharp increase in foreclosures that occurred after the 2008-09 economic crisis. It seeks t...

Summary  Economies across the globe are actively recovering from the COVID-19 crisis, with major policy changes looming ahead. Improvement in the unemployment figures has cast expectations of inflationary spells in New Zealand and the US. ...

Summary The bill seeks to legalize marijuana; the government would tax it at the national level. Prices of many pot stocks soared following the news. Eighteen states has legalized cannabis for recreational purposes and 37 for medical use. ...

Summary The consumer price index grew 5.4% year over year in June, following a 5% increase in May. The core price index, which factors out food and energy, climbed 4.5 percent year over year. The increase in used cars and trucks prices contrib...

Oil prices in the US surged to six years high following the failure of the OPEC countries to decide on how much oil to be produced. US benchmark West Texas Intermediate hit a six-year high to US$76.98 a barrel this week, and global benchmark Brent ...

Days before the US Independence Day, on 2 July 2021, International Monetary Fund (IMF) Chief Economist Gita Gopinath was among the 34 immigrants honoured by a prestigious American foundation Carnegie Corporation – as a person "who has enriched ...

The COVID-19 pandemic and the subsequent bouts of lockdowns imposed to counter it, triggered one of the most severe recessions in the history of the world economy. As consumption across the globe fell drastically, so did the employment levels. The w...

Summary Symptoms of emotional health crisis may include sleep disorders, avoidance of friends and family, conflicts in relationships, substance abuse, and eating disorders. Thus, mental illness is closely tied to an individual’s emotional...

Summary Recognizing its immense disruptive potential and benefits to society in a recent article, the UN revealed how blockchain helped the organization fast-track delivery of emergency funds. Blockchain can expedite climate action in three way...

Summary It was the biggest gain since August 2020, exceeding economists' estimates but in line with their expectation of a continued improvement in the labor market. The US economy had added 583,000 and 269,000 new jobs in May and April, respec...