In a significant leap for global climate forecasting, Brazilian researchers are on the brink of completing the Tupã Project. This innovation stands to redefine how we predict weather patterns for decades ahead. Developed through a partnership between the Federal Fluminense University (UFF) and Engie Brasil Energia and supported by the National Electric Energy Agency, this […]
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Global Central Banks Constrained by Steady U.S. Interest Rates
(Analysis) Jerome Powell, Chairman of the U.S. Federal Reserve, recently announced that U.S. interest rates might stay high for longer, complicating global monetary policy. Made on Tuesday, this announcement predicts delays in anticipated rate cuts due to ongoing high inflation. This change from Powell’s earlier statements has driven U.S. Treasury yields up and strengthened the […]
