In Iceland, scientists are launching a revolutionary project, the Krafla Magma Testbed (KMT), aimed at drilling into a magma chamber This groundbreaking initiative, set to start in 2024, involves a team from 38 research institutes across 11 countries. Their goal is to explore the untapped potential of magma for clean energy production and gain insights […]
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Itaú has improved its outlook for Brazil’s economy and fiscal performance for the next two years, yet expects a tougher inflation scenario and a higher Selic rate by year-end. The bank now sees Brazil’s GDP growing by 2.0% in both 2024 and 2025, up from earlier estimates of 1.8%. Mario Mesquita, Italy’s Chief Economist, links […]
Data breach exposes over 56 million clothing store customers
A cybersecurity vendor claimed last month that a hacker stole data from the fashion retailer Hot Topic, including the personal information of millions of customers. At that time, there was no confirmation from the retailer itself. However, a breach notification site has now confirmed that the personal data of 56,904,909 users was found online and […]