Search result for ozone
The head of Germany's central bank has said that higher interest rates in the eurozone are "required"
The head of the German central bank, the Bundesbank, stated on Saturday that higher interest rates are required in the eurozone, whose central bank has joined others around the world in boosting rates to calm prices.
Some European Central Bank officials believe that the instability of t...
In August, yearly inflation in the Eurozone reached a record 9.1%
With an increase in energy costs mostly resulting from Russia's conflict in Ukraine, the eurozone's inflation rate in August reached a new high of 9.1%.
According to the most recent statistics made public on Wednesday by the European Union statistics office Eurostat.
T...
Despite crackdowns, the use of ozone-depleting chemicals is on the rise
HCFC-141b levels are rising, which could be due to illegal production or deteriorating equipment. Despite international attempts to combat the problem, levels of an ozone-depleting chemical are strangely rising.
The increase in the airborne chemical HCFC-141b comes even though stated pr...
The Australian Megafires Have Damaged the Ozone Layer
The smoke-induced chemical reactions from the wildfires in Australia’s Black Summer have caused the level of ozone above the mid-southern hemisphere to drop by 13 percent.
A new analysis revealed that the record-breaking fires in Australia in the summers of 2019 and 2020 blasted s...
Wildfire smoke and its effects on ozone recovery
Now, MIT atmospheric chemists have discovered that the smoke from those fires triggered chemical processes in the stratosphere, resulting in the loss of ozone, which protects the Earth from incoming UV radiation.
The work is the first to prove a chemical relationship between wildfire sm...
Global Ozone Gas Sensor Market is expected to Grow at a CAGR of 7.98% Over the Forecast Period
Ozone is produced due to the combination of three oxygen atom, and is highly instable. The gas has an irritating odour, and is extremely toxic, thereby making harmful to living organisms. Ozone at ground level is a pollutant, and is highly dangerous to people with respiratory health conditions su...
THAILAND GETS US$5 MILLION TO SAVE OZONE LAYER DEPLETION FROM THE WORLD BANK
HIGHLIGHTS
- A US$5 million deal is signed between Thailand and the World Bank today on 8 Sept, to reduce synthetic ozone-draining substances by 2023 to 60 percent. This will mark as a major aspect of the nation's commitments under the Montreal Protocol. ...
EUROPEAN STOCK MARKET HAS OUTPERFORMED WORLD STOCKS IN SECOND HALF OF 2020
Highlights –
- Pan-European STOXX 600 has outperformed itself in the world stock market.
- The second half of 2020 shows European stocks put steady ground on Wall Street.
- The common currency has risen by 4%.
- Eurozone Flash Comp...
CHINA SHOWCASES PLANS TO CUT TOXIC EMISSIONS
Highlights:
- China has unveiled its summer plans to cut the toxic emissions by the oil refineries, storage companies, chemical, pharmaceutical, and packaging firms.
- This effort is made to reduce the ground ozone pollution from industrial plants. ...
EUROZONE GOVERNMENT BONDS STEADY
HIGHLIGHTS
- The 10-year Bund yield drifted at -0.48%, just off more than four-month fall hit a day earlier at -0.50%.
- Italy’s 10-year bond yield, which increased by 6 basis points, changed on the day at 0.97%.
- The Italian bonds were st...
EUROZONE GOVERNMENT BONDS RALLY
Highlights
- 10-year German government bond yield fell by 3 basis point at -0.44%
- The 20-year Dutch government bond when back to a negative yield at -0.008%
On Thursday longer-dated eurozone government bonds led a broad rally. The worr...
EUROZONE YIELDS FELL AFTER IRELAND ELECTION
HIGHLIGHTS
- Rating agency Fitch maintained its negative outlook on Italy’s debt
- Ireland’s election result pointed to a change in its center-right dominated politics.
On Monday Eurozone yields fell as the rating agency Fitc...
Ozone depleting substances accounted for a third of all global warming between 1955 and 2005
According to experts, the OZONE-DEPLETING substances (ODS) accounted for a third of all global warming between 1955 and 2005.
This is staggering given that the man-made substances were only developed in the 1920s and 30s but started to be phased out in the late 1980s.
The deva...
U.S Treasury Bonds reduced, Eurozone government bonds performed lower
U.S Treasury Bonds
The standard 10-year Treasury note, which moves inversely to the price, was reduced to 1.8528%, while the yield on the 30-year Treasury bond reduced at around 2.3188%.
Market sentiment is largely in agreement with geopolitical...
Favorable external environment benefitted Indian Economy in 2019
According to Singapore's DBS Banking Group, in 2019, the Indian Economy benefited from the favorable external environment following which the portfolio inflows into equity and debt touched a multi-year high. If this momentum sustains, it will bode well for the country's external balance.<...
Eurozone financial certainty improved
The US economy extended "humbly" from October through mid-November, and the standpoint "by and large stayed positive," as indicated by the Central bank's (Bolstered) most recent report on the world's biggest economy.
The Federal Reserve's Beige Book, a ru...
Forex Currently In the middle of a trade mystery
On the last trading day of the week, ambiguous news on the US-China trade talks and a possible overnight settlement translated into an optimistic Asian trading atmosphere. Due to the lack of detail on trade trends and increasing uncertainty, the FX markets are left in a tizzy. Several majors then...
GERMANY TO ESCAPE STAGNATION BUT PROGRESSION REMAINS WEAK
Germany has narrowly sidestepped a technical stagnation but the progression remains weak.
Germany’s GDP strengthened by 0.1% in the third quarter, whipping anticipations of 0.1% decline. Meanwhile, data for the second quarter was reviewed up 0.1 percentage point to show a 0.2% dro...
BNY Mellon executive: US has more B2B open financial action than Eurozone
Laura McGortey, chief of key association arrangements at BNY Mellon, asserts that there is progressively open financial action in the US B2B installments space in contrast with the Eurozone, on the last day of AFP 2019 in Boston.
McGortey features that a transition of two-sided and vita...
Global Warming Effect On Arctic Ice Studied Further
With all the advancements in our technology, it is still a common issue addressing pollution and in particular the greenhouse effect. This is the main reason behind the ozone layer destruction and global warming. As global warming increases and affects our planet, the ice in the Arctic starts to ...