Last Tuesday, the Fed opened another $82 billion in short-term liquidity to the repo markets. This followed $60.7 billion in aid on Monday. According to the Fed’s calculations, it has offered $4.2 trillion in props to markets as of 9 January. On 15 January, $229.5 billion of the short-term loans were outstanding. The Fed also...
Tag: 21 January 2020
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U.S.-CHINA TRADE TREATY TAKES SMALL STEPS
The new pact gives each side some, but not a lot, of what it wants. China has agreed to buy about $200 billion a year in U.S. goods, stiffen protections for intellectual property, and open its markets wider to American firms, especially in financial services. The deal leaves in place about $370 billion in tariffs...
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U.S. MEDIA CENSORSHIP
The following quote is from “Censorship 2019,” one of our Top Trends from last year: “Freedom of speech? Freedom of Expression? Forget about it! From the United States to China, from New Zealand to Nepal, Censorship is a megatrend. For well over a year, social media giants and governments have been silencing voices that challenge...
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NEW WAY TO CLEAN UP OCEAN PLASTIC
About 16 billion pounds of plastic flows into the world’s oceans each year. In 2021, the Finnish research center VTT will test a way to start taking it out. Scientists there have sorted through the realm of bacteria to choose several strains that can digest various forms of plastic and turn them back into raw...
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WATER-RELATED VIOLENCE INCREASING
Physical confrontations over water have more than doubled over the past ten years, according to the nonprofit Pacific Institute, who are focused on protecting the world’s fresh water. Water became a weapon in Syria’s civil war as government forces damaged a water pipeline into the city of Aleppo, leaving millions of people desperately short of...
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VACCINE AGAINST ALZHEIMER’S
In a test, a vaccine has cleared the brain protein tangles and build-ups that characterize Alzheimer’s disease. Researchers at the University of California and the Institute for Molecular Medicine genetically engineered mice to develop the tau protein tangles and amyloid protein build-ups that accumulate among brain cells that mark the illness. Previous vaccines had targeted...