News Headlines - 29 January 2016

The U.S. economy slows to a pace of 0.7 percent in the 4th quarter of 2015 - The Washington Post

The U.S. economy slowed to a crawl in the last three months of 2015, new government data showed Friday, an indication of how tepid global growth is exposing new weaknesses in the nation’s long and sluggish recovery.
Gross domestic product, a measure of overall output, expanded at a seasonally adjusted rate of 0.7 percent between the months of October and December — just the second time in seven quarters that the nation has registered growth less than 1 percent.

Japan joins negative rates club - FT.com

The Bank of Japan has cut interest rates to minus 0.1 per cent, stunning analysts and sparking a surge in equity and bond markets, as policymakers around the world respond to mounting worries about the outlook in China and the risks of a global slowdown.

Cecil Rhodes statue to remain at Oxford University after alumni threaten to withdraw millions - Telegraph

The governing body of Oriel College, which owns the statue, has ruled out its removal after being warned that £1.5m worth of donations have already been cancelled, and that it faces dire financial consequences if it bows to the Rhodes Must Fall student campaign.

Europe's recent summers were the 'warmest in 2,000 years' - BBC News

The past 30 years in Europe have likely been the warmest in more than two millennia, according to new research.
The study used tree ring records and historical documents to reconstruct yearly temperatures going back 2,100 years.

Moon rocks reveal humongous collision muddled Earth and Moon - CSMonitor.com

Now scientists find evidence that the rocks that went on to become Earth and the moon were thoroughly mixed together before they separated. This suggests that "the collision that formed the moon was a high-energy impact," said study lead author Edward Young, a cosmochemist and geochemist at the University of California, Los Angeles.








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