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A new market study commissioned by NAV CANADA projects that remotely piloted aircraft systems (RPAS) – commonly known as drones – and advanced air mobility (AAM) could become one of Canada’s most dynamic and fast-growing aviation sectors over the next two decades, unlocking tens of billions of dollars in annual economic activity. Source: finance.yahoo.com
The pound on Wednesday took a breather from its longest stretch of gains in a year, dipping against the dollar after a swell of investor optimism over a possible resolution to the Iran war pushed the safe-haven greenback to six-week lows. Source: reuters.com
The CEO and co-founder explains how the platform his company created forecasts the risk of heat waves, wildfires, droughts, hurricanes, and their impact on crops across the globe, down to the level of crop variety – with the goal of providing end-to-end solution for farmers. Source: reuters.com
The ECB’s adverse scenario predicts a sharper rise in inflation and lower growth than the baseline, though the impact wouldn’t be as pronounced as its severe scenario. Source: wsj.com
Source: aljazeera.com
Hank Paulson says the U.S.-China meeting in May may not take place if the war in Iran continues, as Beijing grows increasingly dissatisfied with U.S. military action. Source: foxbusiness.com
Former U.S. Treasury Secretary Janet Yellen said on Wednesday that the Iran war is creating supply shocks in the global economy which could put more pressure on inflation. Source: reuters.com
Passengers can book a four-hour session in the bunk beds from May for Auckland-New York flights but airline cautions against smuggling in children Source: theguardian.com
The International Monetary Fund (IMF) issued a dismal economic outlook for the month of April on Tuesday, citing concerns about rising inflation amid the war in Iran. Economists warned that even i… Source: thehill.com
China’s onshore stocks have recouped their losses since the Iran war began, outperforming the broader Asian market with a more resilient economy and efforts to insulate it from an oil shock. Source: bloomberg.com
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