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Tag Archives: reserves

Could this newly discovered gold loving mushroom uncover massive new gold reserves in Australia?

Editor's Note: Get caught up in a matter of minutes by our quick summary of current, vital news and expert opinion on the precious metal and financial markets. Sign up here! (Kitco News) – Australian scientists discovered a new type of fungus that adorns with gold nanoparticles that it absorbs from deposits below the surface. The discovery published last week …

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Researchers find carbon reserves six feet below the soil surface

November 26 (UPI) – At least one quarter of the carbon stored in the soil is in minerals about six feet below the surface. New research indicates, however, that this unique carbon reservoir will become less efficient at storing carbon through planetary warming. To better understand how increasing carbon dioxide in the atmosphere affects the planet's climate, scientists need to …

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Government wants to take RBI to control Precious Reserves: P Chidambaram

He claimed that the government and RBI were heading for a "confrontation". New Delhi: Prior to the RBI board meeting, Congressman P Chidambaram on Sunday claimed that the central government was "arrested." "The bank gained control of its reserves of Rs 9." In One Series of tweets, the former Finance Minister also claimed that the government and the Reserve Bank …

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Prince Harry, Meghan Shun reserves area to sit with crowd

The Duke and Duchess of Sussex joined British football star David Beckham and his son Romeo and Australian Prime Minister Scott Morrison to host the Sydney 2018 Invictus Games final. But instead of joining the Prime Minister, Defense Secretary Christopher Pyne and the Beckhams in the VIP area, the young royal couple decided instead to sit on the other side …

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Mnuchin says the US will seek currency reserves in the trade agreement with Japan, others

NUSA DUA, Indonesia (Reuters) – US Treasury Secretary Steven Mnuchin said on Saturday that Washington wanted to include a provision to deter currency manipulation in future trade deals, including with Japan. US Treasury Secretary Steven Mnuchin speaks in an interview with Reuters at the annual meeting of the International Monetary Fund – World Bank 2018 in Nusa Dua, Bali, Indonesia, …

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Carbon reserves in Central American soil are still affected by Maya deforestation

Ancient stone carving of the Mayan god Pauahtun, taken in Copan Ruinas, Honduras. Credit: Peter Douglas It is believed that more than 1,000 years ago, deforestation contributed to the mysterious collapse of the Mayan civilization. A new study shows that forest clearing has also decimated the carbon sinks in the Yucatan peninsula's tropical soils long after old cities have been …

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Iran sets monetary reserves before imminent US sanctions

Iran plans to launch a new financial rescue package on Monday to halt the decline of the Rial, which coincided with the reintroduction of stringent US sanctions against the oil-rich state's economy after President Donald Trump withdrew from the nuclear deal with Iran , The decision follows a week of sporadic protests against the Iranian political and religious establishment as …

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What happens if the US tap into its oil reserves?

President Donald Trump did not shy away from his aversion to high oil prices. But apart from angry tweets, he can not do much about it. Unlike the leaders in the Middle East, Trump can not simply order American oil companies to pump more oil. West Texas is already producing so much crude that there are no more pipelines. The …

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