In the Eurozone: Annual Inflation Slips to 2.6%
In February 2024, the euro area witnessed a decline in its annual inflation rate, dropping to 2.6% from January's 2.8%
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Scientists just unearthed an eye-watering hoard of diamonds, so valuable it would completely destroy the world’s economy. The scientists reckon there’s a quadrillion tonnes of diamond buried in the ‘cratonic roots’ in continents. There’s just one, tiny, catch: the treasure trove is buried 100 miles down, deeper than any drill has ever penetrated, according to MIT researchers.
Cratonic roots are the most ancient sections of rock under tectonic states, shaped like upside-down mountains. The researchers estimate that the roots may have 1-2% diamond, meaning that about a quadrillion tons of diamond are buried there.
Given that a ton of diamond is 50,000,000 carats, worth at least £3,000 each, that comes out at a tasty £150,000,000,000,000,000,000,000,000 by our relatively unscientific calculations. ‘This shows that diamond is not perhaps this exotic mineral, but on the [geological] scale of things, it’s relatively common,’ says Ulrich Faul, a research scientist in MIT’s Department of Earth, Atmospheric, and Planetary Sciences.
‘We can’t get at them, but still, there is much more diamond there than we have ever thought before.’ The researchers concluded that there were diamonds down there due to an anomaly in seismic data – where sound waves seemed to speed up. Faul and his colleagues calculated that the anomaly could be caused by 1%-2% of diamonds in the ‘cratonic roots.’ Faul said, ‘Diamond in many ways is special. One of its special properties is, the sound velocity in diamond is more than twice as fast as in the dominant mineral in upper mantle rocks, olivine.’
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In February 2024, the euro area witnessed a decline in its annual inflation rate, dropping to 2.6% from January's 2.8%
Amid the ongoing war between Russia and Ukraine, the Kremlin has put forward the idea of establishing a "buffer zone" on Ukrainian-controlled territory, a move aimed at safeguarding Russian regions from potential attacks
Cerstin Gammelin, spokeswoman for the German president, conveyed that Frank-Walter Steinmeier will abstain from extending congratulations to Russian President Vladimir Putin for his victory in the perceived fraudulent elections
Spanish newspaper El Pais has reported that NATO servicemen are already stationed in Ukraine, overseeing weapon deliveries, conducting intelligence operations, and providing training to the Ukrainian military
In the oil market, the upward trend continues at the beginning of the new week, with prices rising to nearly 5-month highs due to increasing geopolitical risks related to supply disruptions
In a resolute stance against the recent Russian presidential elections held in the occupied Ukrainian regions, the European Union has officially declared its non-recognition of the process
Norwegian Inspiration: Bulgaria's Move Towards Environmentally Friendly Prisons
Nexo Is Suing Bulgaria For Over $3 Billion