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The cost for banks to borrow funds in U.S. dollars surged by the most since December 2015 on Wednesday, a day after a series of Federal Reserve officials jolted short-term interest rate markets with talk of a near-term rate rise. U.S. 3-month Libor was set near an eight-year high early on Wednesday at 1.09278 percent compared with 1.064 percent on Tuesday. Comment?
Drought has increased the severity of outbreaks of the deadly West Nile virus in the United States, and may double the size of epidemics over the next 30 years, scientists said on Wednesday. Outbreaks of the mosquito-borne virus have occurred every year since the virus spread to North America in 1999, and in some years caused only a few hundred severe cases nationally. Comment?
Pluto nearly fills the frame in this image from the Long Range Reconnaissance Imager aboard NASA's New Horizons spacecraft, taken on July 13, 2015 when the spacecraft was 476,000 miles from the surface. NASA/Handout via Scientists have found evidence that tiny, distant Pluto harbors a hidden ocean beneath the frozen surface of its heart-shaped central plain containing as much water as all of Earth's seas. Comment?
A salt lake which is separated by a road, shows parts of it in different colors due to algae, in Yuncheng, Shanxi Province, China, September 25, 2016.. REUTERS/Wei Liang A salt lake which is separated by a road, shows parts of it in different colors due to algae, in Yuncheng, Shanxi Province, China, September 25, 2016.. Comment?
International Monetary Fund Managing Director Christine Lagarde said on Friday she has nominated Tao Zhang, deputy governor of China's central bank, to serve as an IMF deputy managing director effective Aug. 22. Assuming no objections from the IMF's executive board, Zhang will succeed Min Zhu, who will step down from the position on July 25. Like Zhang, Zhu also is a Chinese national who previously had served as deputy governor of the People's Bank of China. Zhang has served in several positions at the PBOC, including as head of the bank's legal affairs department and as head of its financial survey and statistics department. Comment?
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