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EU Commission cuts 2024 euro zone growth forecast, sees smaller inflation

EU Commission cuts 2024 euro zone growth forecast, sees smaller inflation

© Reuters. FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, July 14, 2021. REUTERS/Yves Herman//File Photo By Jan Strupczewski BRUSSELS (Reuters) -The euro zone economy will grow slower than expected this year after price growth eroded purchasing power and high ECB interest rates curbed credit, but inflation in 2024…

ECB policymakers push back on hasty rate cuts even as inflation falls

ECB policymakers push back on hasty rate cuts even as inflation falls

© Reuters. FILE PHOTO: European Central Bank (ECB) President Christine Lagarde speaks to reporters following the Governing Council’s monetary policy meeting at the ECB headquarters in Frankfurt, Germany, January 25, 2024. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT/MADRID (Reuters) – Euro zone inflation is heading back towards the 2% target but the European Central Bank still needs more…

Why a rare ‘golden’ tiger photographed in India is worrying conservationists

Why a rare ‘golden’ tiger photographed in India is worrying conservationists

When tour guide and wildlife photographer Gaurav Ramnarayanan set out on safari on the evening of January 24, 2024, he wasn’t looking for tigers.The 25-year-old was leading a private tour in the UNESCO World Heritage Site of Kaziranga National Park, a 430 square-kilometer wildlife reserve in India’s northeastern Assam state. While it’s home to the…

As Threads deprioritizes politics, Bluesky’s CEO touts custom feeds and user choice in social media

As Threads deprioritizes politics, Bluesky’s CEO touts custom feeds and user choice in social media

Meta is in hot water after announcing plans to remove politics from its recommendations across Instagram and Threads, its new Twitter-like app for text-based posts. That leaves a window of opportunity for the startup Bluesky, whose CEO Jay Graber recently explained that Meta’s decision is emblematic of the types of problems that could emerge when…

Varda Space Industries finally gets approval to bring its drug manufacturing spacecraft back to Earth

Varda Space Industries finally gets approval to bring its drug manufacturing spacecraft back to Earth

Varda Space Industries has received long-awaited approval from regulators to return its first spacecraft to Earth — and with it, a batch of pharmaceutical crystals manufactured on orbit. Varda’s Winnebago capsule has been stuck in limbo for months. The company launched the spacecraft on a SpaceX Transporter mission eight months ago, with the plan to…