1. Home
  2. Business

Category: Business

Lesotho appoints new central bank governor

Lesotho appoints new central bank governor

Lesotho’s government announced on June 8 that it had appointed Emmanuel Maluke Letete to a five-year term as the new central bank governor. Letete was a non-executive director on the central bank board between 2015…

Read More
‘Transparency reports’ from tech giants are vague on how they’re combating misinformation. It’s time for legislation

‘Transparency reports’ from tech giants are vague on how they’re combating misinformation. It’s time for legislation

On May 30, Meta, Google and Twitter released their 2021 annual transparency reports, documenting their efforts to curb misinformation in Australia. Despite their name, however, the reports offer a narrow view of the companies’ strategies…

Read More
Propelling a graceful transition: the role of the financial system

Propelling a graceful transition: the role of the financial system

FSB Chair Klaas Knot delivers the keynote speech on the second day of the 2022 Green Swan Conference, co-organised by the Bank for International Settlements, the European Central Bank, the Network for Greening the…

Read More
Oil prices fall as Shanghai’s new partial COVID lockdowns stoke demand worries By Reuters

Oil prices fall as Shanghai’s new partial COVID lockdowns stoke demand worries By Reuters

© Reuters. An aerial view shows oil stockpiling facilities in unidentified location, South Korea, in this handout picture taken on July 14, 2005. Picture taken on July 14, 2005. Korea National Oil Corp/Handout via REUTERS/File…

Read More
how countries are using the global crisis to gain geopolitical power

how countries are using the global crisis to gain geopolitical power

Twenty million tonnes of grain are currently stuck in Ukrainian silos, exacerbating the global food crisis sparked by Russia’s invasion of the country. Aside from the need to get the grain onto world markets, freeing…

Read More
65,000-year-old ‘stone Swiss Army knives’ show early humans had long-distance social networks

65,000-year-old ‘stone Swiss Army knives’ show early humans had long-distance social networks

Humans are the only species to live in every environmental niche in the world – from the icesheets to the deserts, rainforests to savannahs. As individuals we are rather puny, but when we are socially…

Read More
FSB and IMF announce completion of the G20 Initiative to close Data Gaps identified in the Global Financial Crisis

FSB and IMF announce completion of the G20 Initiative to close Data Gaps identified in the Global Financial Crisis

Ref no: 18/2022 The Financial Stability Board (FSB) and International Monetary Fund (IMF) today published a report to mark the completion of the second phase of the G20 Data Gaps Initiative (DGI-2). This report…

Read More
National Average Gas Price Now $5 By Investing.com

National Average Gas Price Now $5 By Investing.com

© Reuters National Average Gas Price Now $5 By Sam Boughedda A gallon of gas has now crossed the $5 mark on average in the U.S., according to GasBuddy. The price of gas crossed the…

Read More
Why a new eurozone crisis now looks a distinct possibility

Why a new eurozone crisis now looks a distinct possibility

The European Central Bank (ECB) has confirmed speculation that it will become the latest central bank to start raising headline interest rates to try to ward off inflation. The bank is to raise rates by…

Read More
CBDCs could improve energy efficiency of payments – IMF paper

CBDCs could improve energy efficiency of payments – IMF paper

Central banks could improve the energy efficiency of payment systems if they make the right design choices when developing digital currencies, research published by the International Monetary Fund finds. Digital currencies and energy consumption explores…

Read More