China confirms water on the Moon

H2O is present in the rocks gathered by the Chang’e-5 lunar lander, Chinese scientists have said Indications that water could be present in the rocks gathered by Chang’e 5 lander on the Moon have been confirmed by testing on Earth, Chinese scientists have reported. They’ve shared their findings in an article, published this week in…

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US prohibits Russian gold imports

The US has banned the import of Russian gold, a document from the Treasury’s Office of Foreign Assets Control (OFAC) released on Tuesday shows. “The importation into the United States of gold of Russian Federation origin is prohibited, except to the extent provided by law, or unless licensed or otherwise authorized by OFAC,” the statement…

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Bank of England tries to rein in soaring inflation

The Bank of England (BoE) on Thursday raised the benchmark interest rate for a ninth time in a row this year, in an effort to combat double-digit inflation in the country. The Monetary Policy Committee (MPC) voted to increase the cost of borrowing by 50 basis points to 3.5% after the consumer price index showed…

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