Stock Markets10 hours ago (Apr 22, 2020 07:54PM ET) (C) Reuters. South Korea’s Economy Shrinks the Most Since 2008 (Bloomberg) — South Korea’s economy suffered its worst contraction since the global financial crisis in the first quarter as the spread of the coronavirus hit consumer spending and business activity. Gross […]
Saudi Arabia to boost borrowing as oil glut weighs on virus-hit economy
By Marwa Rashad and Davide Barbuscia RIYADH/DUBAI (Reuters) – Saudi Arabia could borrow around $26 billion more this year and will draw down up to $32 billion from its reserves to finance a government deficit caused by lower oil prices and the coronavirus crisis, the Saudi finance minister said. The […]
EBRD lends 145 million euros to help small Moroccan businesses
Economic Indicators6 hours ago (Apr 22, 2020 12:20PM ET) RABAT (Reuters) – The European Bank for Reconstruction and Development (EBRD) said on Wednesday it would lend Morocco’s Bank of Africa 145 million euros ($156.92 million) to help finance small businesses hit by the coronavirus outbreak. The money, which will also […]
Canadian inflation rate tumbles to near 5-year low on diving gas prices
Economic Indicators6 hours ago (Apr 22, 2020 11:50AM ET) (C) Reuters. FILE PHOTO: Yonge and Dundas Square in Toronto, Ontario, Canada By Kelsey Johnson OTTAWA (Reuters) – Canada’s annual inflation rate tumbled to a near five-year low of 0.9% in March as the coronavirus crisis and an oil supply war […]
*Absurd Planet*: WIRED’s *Absurd Creatures* Evolves Into a New Netflix Series
It began, as many things do, with a 10-foot marine worm that wields jaws so sharp and powerful they can slice a fish in two. Then came the wasp with a sting so painful that an actual scientist’s actual advice for those who get stung by this thing is to […]
‘Education Is a Human Thing’–but Covid-19 Will Push It Online
People often go back to school during a recession. But what about when schools are closed? Many of those who have lost their jobs or are sheltering at home due to the global coronavirus pandemic are seeking out education online, and Sebastian Thrun expects this trend to continue long after […]
Can’t File for Unemployment? Don’t Blame Cobol
Programming languages don’t often make national headlines. But New Jersey governor Phil Murphy’s plea earlier this month for developers familiar with the 60-year-old programming language Cobol to help the state process unemployment claims garnered a lot of attention. Many states have struggled with the unprecedented surge in claims for jobless […]
The Deepwater Horizon Disaster Fueled a Gulf Science Bonanza
Today, Reddy has changed his tune a bit. He says that the initial shot of BP research money made a difference for him and other scientists who were trying to understand what happened. He says marine scientists and oil industry engineers had to learn to get along to figure out […]
He Helped Build Facebook Messenger. Now He’s Building an Army of Voters
Peter Martinazzi joined Facebook in May 2009, when the company was just five years old but well on its path to world domination. Over the next eight years, he rose to become a director of project management, helping to oversee improvements to Facebook Messenger. Martinazzi loved working at Facebook and […]
NASA’s Plan to Turn the ISS Into a Quantum Laser Lab
Later this summer, physicists at the Argonne and Fermi national laboratories will exchange quantum information across 30 miles of optical fiber running beneath the suburbs of Chicago. One lab will generate a pair of entangled photons–particles that have identical states and are linked in such a way that what happens […]