Capital Media, Author at Capital

Financial Stability Improves, but Risks Remain

Banks and capital markets continue to grow healthier a decade after the global financial crisis struck, but the IMF warned of increased short-term and elevated medium-term risks to stability in the Global Financial Stability Report…

Scotland’s seafood exporters dealt new post-Brexit blow By Reuters

By Kate Holton LONDON (Reuters) – The post-Brexit woes facing Scotland’s fishing industry deepened on Saturday as its biggest logistics provider, DFDS Scotland, said it would halt exports to the European Union through one of…

Oil Up 8% in First Week of Year; Demand on Watch After Saudi Move By Investing.com

© Reuters. By Barani KrishnanInvesting.com – Oil has started the year with a boom, ending the first week with a gain of nearly 8%, as OPEC kingpin Saudi Arabia continued with its lower-for-longer supply strategy. Since…

Dummy’s guide to how trade rules affect access to COVID-19 vaccines

The race is on to secure vaccines that will protect people from COVID-19. But it’s already become apparent that there is gross inequality playing out in the procurement and distribution of the new drugs. One…

Why do smoke alarms keep going off even when there’s no smoke?

Editor’s note: MVS Chandrashekhar is a professor of electrical engineering at the University of South Carolina. In this interview, he explains how smoke detectors work and why they sometimes sound an alarm for what seems…

IMF board, citing increased credit exposure risks, raises reserve target By Reuters

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) headquarters building is seen in Washington WASHINGTON (Reuters) – The Executive Board of the International Monetary Fund has agreed to raise the medium-term target for the…

Supreme Court agrees to hear biofuel waiver case By Reuters

© Reuters. FILE PHOTO: Clouds hover above a corn field in Dubuque (Reuters) – The U.S. Supreme Court on Friday agreed to review a lower court ruling that severely limited the government’s powers to exempt…

IMF Media Center : IMF World Economic Outlook

The global economy continues to edge higher amidst a generally sunny outlook, but there are building risks to that growth trajectory, the IMF reports Tuesday in the latest World Economic Outlook. “The broad-based expansion…

Biden to unveil trillions in pandemic economic relief spending next week By Reuters

© Reuters. U.S. President-elect Joe Biden announces economics and jobs team nominees at transition headquarters in Wilmington, Delaware By Trevor Hunnicutt WILMINGTON, Del. (Reuters) – U.S. President-elect Joe Biden said Americans need more economic relief…