Australia’s central bank is increasing its research into digital currencies, despite its scepticism about the case for issuing one, its head of payment policy said. The risk of private sector initiatives dominating the payment space…
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© Reuters. FILE PHOTO: The logo of the Nord Stream 2 gas pipeline project is seen on a large diameter pipe at the Chelyabinsk Pipe Rolling Plant owned by ChelPipe Group in Chelyabinsk, Russia, February…
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The person who helms the Federal Reserve is one of the most powerful figures in the world. Their job is also one of the most impactful on the lives of ordinary Americans, not to mention…
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Animal protein, in the form of meat and fish, is becoming more expensive all over the world. It’s getting out of reach for more people, particularly low income earners. Yet it can be a good…
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Press enquiries: +41 61 280 8477[email protected] Ref: 32/2021 The Financial Stability Board (FSB) today published a statement to support preparations for LIBOR cessation. Most LIBOR panels will cease at the end of this…
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© Reuters. FILE PHOTO: A worker collects a crude oil sample at an oil well operated by Venezuela’s state oil company PDVSA in Morichal, Venezuela, July 28, 2011. REUTERS/Carlos Garcia Rawlins By Bozorgmehr Sharafedin LONDON…
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It arrived in a blaze of publicity with its bright blue livery and £20 one-way tickets from Edinburgh to London – a fraction of the usual price. New player Lumo, a subsidiary of Scottish transport…
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Many people think that mathematics is a human invention. To this way of thinking, mathematics is like a language: it may describe real things in the world, but it doesn’t “exist” outside the minds of…
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Financial and institutional banking have undergone a transformational technological shift, meaning working in real time is increasingly commonplace. This is not the case for payments and settlement, which can still take days. Baton Systems explores how…
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5/5 © Reuters. FILE PHOTO: Remnants of flooding is pictured at the Canada Border Services Agency after rainstorms hit both British Columbia and Washington state causing flooding on both sides of the border, in Sumas,…
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