Reimagining Development
The world is in the midst of a global permacrisis. As interrelated shocks – the war in Ukraine, the fallout of the COVID-19 pandemic, the...
Author : Nelli Avetisyan
Why is UK inflation higher than other countries? – BBC News
The UK’s inflation rate jumped unexpectedly last month with the cost of living rising faster here than in most of the world’s advanced economies. Price...
US raises interest rates despite banking turmoil – BBC News
The US central bank has raised interest rates again, despite fears that the move could add to financial turmoil after a string of bank failures....
Central banks face an excruciating trade-off – The Economist
The job of central bankers is to keep banks stable and inflation low. Today they face an enormous battle on both fronts. The inflation monster...
Bank shares slide as Janet Yellen plays down ‘blanket’ deposit guarantee – The Financial Times
US Treasury secretary Janet Yellen ruled out a broad expansion of deposit insurance to protect savers with balances above $250,000 in the near term, comments...
How TikTok broke social media – The Economist
Is tiktok’s time up? As the social-media app’s chief executive, Shou Zi Chew, prepares for a grilling before Congress on March 23rd, TikTok’s 100m-plus users...
Global Portfolio Asset Holdings Decrease Amid Elevated Uncertainty
A Chinese insurance company buys listed shares of a Swiss bank. A UK pension fund invests in US Treasury bonds. A multinational tech company holds...
UK inflation rate in surprise rise to 10.4% as salad crisis pushes up prices – The Guardian
UK inflation unexpectedly jumped up in February to close to its highest level in 40 years, driven by rises in the cost of drinks, women’s...
What to Know Ahead of the Fed’s Interest-Rate Decision – Bloomberg
All eyes in the financial and economic world will be laser-focused Wednesday on the Federal Reserve as Chair Jerome Powell tries to balance his fight...
Four ways to fix the bank problem – The Financial Times
Banks are designed to fail. And so they do. Governments want them to be both safe places for the public to keep their money and...