Sea ice at both the top and bottom of the earth continued its decline in 2024. In the waters around Antarctica, ice coverage shrank to near-historic lows for the third year in a row. The recurring loss hints at a long-term shift in conditions in the Southern Ocean, likely resulting from global climate change, according to scientists at NASA and the National Snow and Ice Data Center. Meanwhile, the...
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.