Tulips and bitcoin have both been associated with financial bubbles in their time, but in a giant greenhouse near Amsterdam the Dutch are trying to make them work together.. This saw prices for a single bulb rise to more than 100 times the average annual income at the time before the bubble burst in 1637, causing banks to fail and people to lose their life savings.
The European Union embargo on Russia's oil and an international cap on the price of the country's crude is disrupting the maritime transport sector.. The EU on Monday enforced an embargo on Russian crude shipments, the bloc's latest sanction in retaliation for Moscow's invasion of Ukraine.
"Hands in the air!
"Everything is increasing except our wages," Ethiopian porter Zerihun told AFP, summing up the financial crisis facing the Horn of Africa nation as it reels from skyrocketing inflation and an economic slowdown.. The slowdown in trade with the north has also seen fewer trucks turning up at Merkato, meaning less work for porters like Zerihun and Sintayeh.
After making a close pass at the Moon and venturing further into space than any previous habitable spacecraft, NASA's Orion capsule is due to splash down Sunday in the final test of a high-stakes mission called Artemis.. And it broke the distance record for a habitable capsule, venturing 268,000 miles (432,000 kilometers) from our planet.
When Barack Obama welcomed African leaders to Washington in 2014, many viewed the summit as historic, not just due to the US president's background but for the pledges to make the partnership deeper and such events routine.. Mvemba Phezo Dizolele, director of the Africa program at the Center for Strategic and International Studies, said the United States was entering the summit with a "trust deficit" from Africans due to the long wait since 2014.
Fijians go to the polls on Wednesday after a bitter and close election race between two ex-coup leaders that could test the Pacific nation's fledgling democracy.. Yet holding power since 2006 could be both a "curse and a blessing" for him at the polls, according to Suva-based political commentator Shailendra Singh from the University of the South Pacific.
The world's next global pact for nature is doomed without clear mechanisms for implementing targets, conservation groups said Saturday on the sidelines of UN talks, as hundreds of protesters took to the streets of Montreal demanding greater action.. Implementation mechanisms are at the heart of the Paris agreement on the fight against global warming, in the form of "nationally determined contributions."
A volcano in the Andes in Chile's north rumbled to life early Saturday, triggering minor earth tremors and sending a plume of smoke and ash 6,000 meters (nearly 20,000 feet) into a clear sky.. The volcano sent "an eruptive column" comprising volcanic ash and hot gases 6,000 meters above its crater, the service said.
Peru's new leader Dina Boluarte unveiled a new cabinet Saturday as street protests pressed on seeking new elections after Pedro Castillo's removal as president.. "Dina Boluarte does not represent us because she is a usurper.
