Fed's inflation fight faces new challenge: Dry Panama Canal
Gatun Lake, which feeds the locks, is suffering from a severe drought, resulting in weight limits and rising surcharges for vessels.
Stay updated with breaking news from Jonathan Ostry. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Gatun Lake, which feeds the locks, is suffering from a severe drought, resulting in weight limits and rising surcharges for vessels.
Science journalism recently took two huge hits, resulting in two major retractions. One article, which made national headlines upon initial publication, was revealed as an apparent fraud perpetrated by graduate student Mike LaCour. The other, a hoax and media experiment cooked up by John Bohannon, confirmed that even a sketchy result by a fictional professor in a non-existent institute can get global press.
The incoming government of Iceland is speculated to ease and remove currency controls before the market becomes too distorted, reports Bloomberg.
JPMorgan Chase CEO sent his annual letter to the bank’s shareholders this morning.
Share Food aid and cash outlays doubled down as households and workers progressively lost their income as businesses were suspended due to rising cases. Phnom Penh Municipal Administration Cambodia strives to keep its finances together despite rising impacts Fri, 14 May 2021 The Kingdom remains stoic as the national budget comes under pressure and foreign debt increases By December 31, 2020, a total of $2.02 billion had been borrowed for the year to finance public investment projects in priority sectors, such as infrastructure development, which received nearly 64 per cent of the sum. This wo...