Study identifies upside to financial innovations

Financial innovations can make or break an economy. While the negative impact of financial innovation has been extensively covered, a new study of financial innovations before and during the last financial crisis indicates ...

Iraq's prized rice crop threatened by drought

Drought is threatening the Iraqi tradition of growing amber rice, the aromatic basis of rich lamb and other dishes, and a key element in a struggling economy.

Last nine years all among 10 hottest-ever, says US

The nine years spanning 2013-2021 all rank among the 10 hottest on record, according to an annual report a US agency released Thursday, the latest data underscoring the global climate crisis.

V-shaped or U-shaped? Some economists upbeat on virus recovery

The coronavirus pandemic has hit like a worldwide hurricane, shutting activity in most economies simultaneously, but some forecasters are more optimistic about the prospects for recovery once the worst has past.

High radiation found in Fukushima groundwater

Japan pledged a renewed push to contain potentially hazardous leaks at Fukushima on Tuesday after the operator of the crippled plant reported spiking levels of radiation in groundwater.

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