Press enquiries: +41 61 280 8477[email protected] Ref: 35/2021 The Financial Stability Board (FSB) Regional Consultative Group (RCG) for Asia held a virtual meeting today to discuss vulnerabilities and financial stability issues affecting the region.…
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Alfonso Prat-Gay, Argentina’s finance minister The creditors may have said yes, but Argentine president Mauricio Macri still faces an “uphill battle” to get the debt settlements on its 2001 default agreed in congress, a task…
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© Reuters. FILE PHOTO: A sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant By Alex Lawler LONDON…
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Black Friday is upon us again. It’s one of the biggest shopping events of the year, although there are mixed signals about how successful it is likely to be in 2021. One recent study found…
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Yesterday, Prime Minister Scott Morrison and Attorney-General Michaelia Cash announced proposed new legislation aimed at making online “trolls” accountable for their actions. Over the past few weeks, we’ve heard Morrison decry trolls as “cowardly” and…
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5/5 © Reuters. Tokuji Ito (53), the proprietor of Japanese public bathhouse (or sento) ‘Dai-ni Takara-yu’, prepares to open his facility in Tokyo, Japan November 25, 2021. Picture taken November 25, 2021. REUTERS/Issei Kato 2/5…
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COVID forced companies around the world to urgently review their business models. Restaurants switched to selling groceries, passenger airlines moved cargo, and car manufacturers produced ventilators. The pandemic highlighted the importance of fresh thinking in…
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As the climate changes, southern Australia is likely to keep getting drier on average, particularly in the southwest. However, this year has been wet. And yesterday the Bureau of Meteorology announced we are now in…
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The Bank of England will no longer hold off-the-record briefings with individual financial firms, in a bid to increase transparency. According to a report from Reuters, the BoE said the move was a “permanent step…
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5/5 © Reuters. Cars drive along a snow covered flooded road that fell overnight from Storm Arwen, in Leek, Staffordshire, Britain, November 27, 2021. REUTERS/Carl Recine 2/5 LONDON (Reuters) – At least two people died…
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