
Nigerian Bonds Surge After Central Bank Chief’s Weekend Ouster
Nigeria’s international debt surged after the weekend ouster of the central bank governor, which will allow the nation’s
2023-06-12 15:59

Novartis Makes $3.5 Billion Bet on Chinook’s Rare Disease Drugs
Novartis AG agreed to buy Chinook Therapeutics Inc. for as much as $3.5 billion to add two promising
2023-06-12 15:59

War in Ukraine Prompts Increased Cyberattacks on German Businesses
More than one in 10 German companies were the victim of a cyberattack last year, according to a
2023-06-12 15:50

Tony Awards 2023: From Jessica Chastain to Lea Michele, here are 10 best-dressed celebs who ruled red carpet
Tony Awards 2023 was a balance of colors and conventions as these stars dazzled the night with their too-good-to-be-true outfits
2023-06-12 15:28

Massive ocean discovered beneath the Earth's crust containing more water than on the surface
It feels like there have been staggering science stories emerging every other day recently, all of which have blown our tiny little minds. First, there was the discovery of a terrifying black hole pointing right at us, then there was a huge hole found in the sun and a missing continent found after going missing for 375 years. Now, people are only just realising that there’s a massive ocean hidden under the Earth’s crust. It turns out there’s a huge supply of water 400 miles underground stored in rock known as 'ringwoodite'. Sign up to our new free Indy100 weekly newsletter Scientists previously discovered that water is stored inside mantle rock in a sponge-like state, which isn’t a liquid, solid or a gas, but instead a fourth state. The scientific paper titled ‘Dehydration melting at the top of the lower mantle’ was published in 2014 and laid out the findings. "The ringwoodite is like a sponge, soaking up water, there is something very special about the crystal structure of ringwoodite that allows it to attract hydrogen and trap water," said geophysicist Steve Jacobsen at the time. "This mineral can contain a lot of water under conditions of the deep mantle,” added Jacobsen, who was part of the team behind the discovery. He added: "I think we are finally seeing evidence for a whole-Earth water cycle, which may help explain the vast amount of liquid water on the surface of our habitable planet. Scientists have been looking for this missing deep water for decades." Scientists made the findings at the time after studying earthquakes and discovering that seismometers were picking up shockwaves under the surface of the Earth. From that, they were able to establish that the water was being held in the rock known as ringwoodite. If the rock contained just 1 per cent water, it would mean that there is three times more water under the surface of the Earth than there is in the oceans on the surface. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-06-12 15:28

Hungary’s Economy Chief Floats Idea of Raising Inflation Target
Hungary may need to consider raising its inflation goal as price-growth is unlikely to return near the central
2023-06-12 15:23

Ancient formation discovered wrapped around Earth's core
The structure of the Earth beneath our feet has been fascinating to members of the scientific community recently, and it turns out it’s far more complex than people initially thought. First, we learned of the news that there’s a massive ocean beneath the Earth’s crust which contains more water than all of the seas on the surface. Now, another study has been published which has taken an in-depth look at the geology beneath the southern hemisphere. The new research, published in Science Advances, has found evidence that an entire ocean floor actually runs the length around the core. Sign up to our new free Indy100 weekly newsletter This is a relatively thin layer that sits on the core-mantle boundary around 1,800 miles beneath the surface of the Earth. It's an ancient formation that could provide more insight into the structure of the planet beneath our feet. Geologist Samantha Hansen and her colleagues from the University of Alabama led the research. They observed the structure by using 15 monitoring stations under the ice of Antarctica, mapping the waves from earthquakes. Doing this allowed them to analyse the structure of the Earth below the surface, including the ultra-low velocity zones where waves moved much slower. "Seismic investigations, such as ours, provide the highest resolution imaging of the interior structure of our planet, and we are finding that this structure is vastly more complicated than once thought," Hansen said. "Analyzing [thousands] of seismic recordings from Antarctica, our high-definition imaging method found thin anomalous zones of material at the CMB everywhere we probed," geophysicist Edward Garnero from Arizona State University also said. "The material's thickness varies from a few kilometers to [tens] of kilometers. This suggests we are seeing mountains on the core, in some places up to five times taller than Mt. Everest." "Our research provides important connections between shallow and deep Earth structure and the overall processes driving our planet," Hansen added. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-06-12 15:21

China aircraft monitored US, France, Canada, Japan navy drill - media
BEIJING (Reuters) -China deployed a reconnaissance aircraft over Pacific waters east of Taiwan last week that Chinese media said monitored
2023-06-12 14:58

Further BOE Rate Hikes Can’t Be Ruled Out, Warns Policy Maker Haskel
Bank of England policy maker Jonathan Haskel said the central bank must guard against persistent inflation risks, an
2023-06-12 14:51

UBS Completes Credit Suisse Takeover to Create Bank Titan
UBS Group AG completed the acquisition of former rival Credit Suisse Group AG, sealing the biggest merger in
2023-06-12 14:26

Who is Bee Shaffer? Anna Wintour makes stylish appearance with daughter and son-in-law Francesco Carrozzini at Tony Awards 2023
Anna Wintour and her 35-year-old daughter Bee Shaffer made heads turn at the Tony Awards red carpet event
2023-06-12 14:25

Novo Nordisk Plans $2.3 Billion Manufacturing Expansion in Denmark
Novo Nordisk A/S is spending 15.9 billion Danish kroner ($2.29 billion) to expand production facilities in Denmark as
2023-06-12 14:16