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Tag: Global

Russia accused of global net hack attacks

Russia accused of global net hack attacks

Technology
State-sponsored Russian hackers are actively seeking to hijack essential internet hardware, US and UK intelligence agencies say.The UK's National Cyber Security Centre (NCSC), the FBI and the US Department of Homeland Security issued a joint alert warning of a global campaign.The alert details methods used to compromise the networking equipment used to move traffic across the net. This could be used be used to mount a future offensive, it warned.Basic weaknessIn a press conference about the alert, White House cyber-security co-ordinator Rob Joyce said the US and its allies had "high confidence" that Russia was behind the "broad campaign". Intelligence gathered by the US and UK suggested that millions of machines directing data around the net were being targeted, he said. Compromised device...
European Central Bank expected to tread carefully amid mounting global insecurities

European Central Bank expected to tread carefully amid mounting global insecurities

Finance
Mario Draghi, the president of the European Central Bank (ECB), is unlikely to give too much away at his press conference this week amid a surge in economic uncertainty.The Italian economist will speak once again following the ECB Governing Council's rate decision on Thursday, with the bank expected to be cautious to prevent any unwanted tightening of financing conditions. This means Draghi won't reveal much on any potential end to the ECB's massive bond-buying scheme, brought in after the euro zone sovereign debt crises to boost lending and stoke inflation.The threat of a trade war triggered by President Donald Trump — with the U.S. set to impose tariffs on steel and aluminum — has spooked investors and business leaders alike. Meanwhile, the rise of populism in Italy has done little to ca
Global register lists alien species

Global register lists alien species

Science
The first global register of alien species shows that a fifth of 6,400 plants and animals catalogued are causing harm.Some of the biggest factors in their spread are ballast water in ships for marine species and trade in ornamental plants on land, say scientists.They released data for 20 countries this week, with the aim of completing the register by the end of the year.Invasive species are living things that are not native to an ecosystem.They can harm the environment, the economy, or human health. For instance, rats can cause bird extinctions on islands, while the crown-of-thorns star fish is smothering parts of the Great Barrier Reef.The Global Register of Introduced and Invasive Species (GRIIS) provides the first country-wide checklists of introduced and invasive species."The GRIIS is ...
Global models offer new insights into Great Lakes mercury pollution

Global models offer new insights into Great Lakes mercury pollution

Science
Jan. 23 (UPI) -- Members of the Keweenaw Bay Indian Community living on Michigan's Upper Peninsula have a fairly simple question: when is it safe to eat the fish they catch?To help fish-eaters better estimate their risk of exposure, researchers at Michigan Technological University have developed a model designed to measure the impact of local mitigation efforts, socioeconomic pressures, ecological systems, climate change, land use and other variables on local levels of mercury.Mercury is an atmosphere-surface exchangeable pollutant, a group of invisible, tasteless contaminants that move efficiently throughout the natural environment."We're taking phenomena that act on a global scale and predicting what they will do," Judith Perlinger, professor of environmental engineering at Michigan Tech...
With no recession red flags on horizon, 2018 will see strong US, global GDP growth: Strategist

With no recession red flags on horizon, 2018 will see strong US, global GDP growth: Strategist

Finance
Nine years into the U.S. bull market in stocks, we are still optimistic for the year ahead. But there are some risks investors need to be mindful of as we start the new year.Fortunately, we do not believe recession is one of them, and so we remain bullish.Pending recessions typically end bull markets. And recessions are often presaged by certain signals: rising jobless claims; falling home sales; an inverted yield curve; wage pressures that impact corporate margins; exogenous shocks, including oil spikes; or destabilizing valuations in key asset classes.We don't see those red flags on the horizon as we enter the new year, so we continue to believe that 2018 will witness strong U.S. and global GDP growth. Equity gains will likely moderate from 2017, but we continue to favor stocks over bond...