Launched this week in Washington, Jonathan Charkham, former Bank of England adviser and World Bank vice-president Jules Muis joined forces to co-chair the task force which will be a key plank in the bank's plans to boost investment and beat corruption. Ira Millstein, chairman of the forum's private-sector advisory group, will lead the bank's efforts. 'Getting financial information out is the single most important aspect of all this and having accurate data about companies to help investors is vital,' he said. The remit of the taskforce has yet to be finalised but the introduction of international auditing and accounting standards will top its agenda. This will reflect the work already done by Muis who, along with the international accountancy body IFAC and the Big Five, is looking at this area through a new group called the International Forum of Accountancy Development. 'Long term we all have the same interests but short term it depends how much courage each player has in fixing their own problems,' he said. 'We are charting how each of the links fits.'
IBM and Technical University of Munich team demonstrate how Shor's algorithm, which can't be cracked by conventional computers, can be solved quickly with quantum computing
Hubble Space Telescope finds superflares from young red dwarfs could strip away planetary atmosphere
Younger stars are 100 to 1,000 times more energetic than when they're older
Two of the big four supermarkets will use the system to control sales of restricted products
PUBG news and updates: November's Update #23 to bring new Skorpion pistol and changes to blue zone visibility
Genuinely useful side-arm coming to PUBG in Update #23