Author: kumbhorg

Created on April 27, 2026 The USD/ZAR has drifted upwards and hit a high of nearly 16.68250 on early Friday. As of this morning the currency pair is around the 16.53200 ratio, but it is Freedom Day in South Africa, meaning there is no significant trading coming from the nation today as it celebrates its holiday. Volumes in the USD/ZAR will remain thin until the full return of South African financial institutions on Tuesday.The USD/ZAR price action remains within the higher realms of its near-term range, but it is below heights seen in March when global market nervousness was erupting…

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Just days ago, Haru­ki Murakami’s Japan­ese pub­lish­er announced that his six­teenth nov­el will come out this sum­mer. A brief sec­tion of The Tale of KAHO, trans­lat­ed into Eng­lish by Philip Gabriel, appeared in the New York­er in 2024. The full book will run to 352 pages, mak­ing it a fair­ly hefty work for a 77-year-old nov­el­ist who’s been at it for almost half a cen­tu­ry now. Murakami’s unflag­ging pro­duc­tiv­i­ty must owe some­thing to his famous­ly rig­or­ous con­struc­tion of his life around the twin poles of writ­ing and run­ning, two activ­i­ties that demand long-term endurance. In this video, the YouTu­ber Mari­Writ­ing attempts…

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In the intervening 20 years between The Devil Wears Prada and its sequel, the fashion and publishing industries have revolutionised. The former has leant more readily into fast fashion and mass consumption, while the latter has been almost entirely decimated – magazines like the fictional ​‘Runway’ (a ​‘Vogue’ analogue) now exist almost exclusively in an online sphere where no one actually reads the print edition. As a writer and critic, I have heard many times from my older colleagues of the halcyon days of magazine journalism, of the budgets and the editorial freedom. That once where it was possible to ​“relax”, as Andy (Anne…

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Fluctuations in food prices are so commonplace that the entire category is excluded from the Federal Reserve’s preferred measure of inflation. From war and weather to fertilizer and labor, hundreds of unseen influences shape the prices of goods long before they reach grocery shelves. But a sustained surge in one American staple has everybody buzzing.  Beef prices are up 65 percent since April 2020. Ground beef has surged to $6.70 per pound as a prolonged supply shock has failed to keep up with consistent demand. Relief will not come soon. Industry experts say we are only partway through an unprecedented…

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The Wankhede Stadium witnessed a cricketing carnival on Wednesday, as the 41st match of the IPL 2026 season turned into a high-octane run-fest. In a clash that redefined power-hitting, Sunrisers Hyderabad (SRH) pulled off a heist against Mumbai Indians (MI), successfully chasing down a gargantuan target of 244 with 8 balls to spare. Despite a masterful century from MI’s Ryan Rickelton, the duo of Travis Head and Heinrich Klaasen proved too hot to handle, propelling SRH to a dominant 6-wicket victory and solidifying their position at 3 on the points table.Ryan Rickelton sets the stage on fire with a sensational…

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Some unfinished business for the Calgary Flames Daily Faceoff: David Pagnotta, on the Calgary Flames, what they could look at doing this offseason and some of their unfinished business. “Calgary, another one. They have some unfinished business, the Calgary Flames do from this season. And, you know, obviously Blake Coleman‘s kind of at the forefront of that going into the final year of his contract. I think there will be continued conversations this summer with respect to him. We know that one of the targets that Calgary had this season was trying to get a new center. A new top-line…

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For CJ Konstantinos, the case for Bitcoin-backed mortgages is personal. In 2019, he paid 100 Bitcoin for a house. That bitcoin is now worth roughly $7.6 million and he says he can’t sell his house for more than $500,000.  At the time, it was the kind of transaction most people in traditional finance would have called reckless. Now, Konstantinos runs Peoples Reserve and speaks at the world’s largest Bitcoin conference to explain why doing it again — this time through structured bitcoin lending products — makes sense for a growing number of holders. “Bitcoin found me and smacked me up…

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