© Reuters. FILE PHOTO: A flag depicting the logo of the Russian state-owned shipping conglomerate Sovcomflot, flies outside the company’s hearquarters in St. Petersburg, Russia, May 17, 2017. REUTERS/Anton Vaganov/File Photo (Reuters) – RRussia’s state-run…
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There wasn’t much dramatic tension as markets waited for the Bank of England’s latest decision on interest rates. The fifth monthly quarter-point hike in a row was largely expected, taking the base rate to 1.25%…
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“Extraordinary claims require extraordinary evidence.”– Carl Sagan (Cosmos, 1980) This phrase is the standard that astronomers will be applying to a curious signal captured with China’s “Sky Eye” telescope that might be a transmission from…
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Central bankers say there is a wide array of use cases for central bank digital currency (CBDC), but caution against letting the focus of digital currency projects become too broad. “We are at a point…
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© Reuters. FILE PHOTO: Workers of Codelco’s Ventanas copper smelter take part in a rally in support of their job positions, after authorities declared an environmental emergency in the region, pointing to the refinery as…
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We are in a double bind right now. Prices are going through the roof but all the signs suggest that the economy is weakening. The answer to higher prices is normally to raise interest rates,…
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It’s not often New Zealanders admit Australia is onto a good thing. Our long-running trans-Tasman rivalry usually revolves around accusing Australians of stealing national cultural icons like Phar Lap, Pavlova or Crowded House. But I…
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© Reuters. FILE PHOTO: A worker uses a petrol pump at a Brazilian oil company Petrobras gas station in Brasilia, Brazil March 7, 2022. REUTERS/Adriano Machado/File Photo By Gabriel Araujo SAO PAULO (Reuters) -Brazilian motorists…
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A 16th-century proverb advises: “It’s unwise to sell a bear’s skin before catching it.” That’s one of the stories used to explain why, in modern times, Wall Street types call someone who sells a stock…
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Central Banking’s fifth annual FinTech RegTech Global Awards showcase the ground-breaking projects undertaken within the central banking community. The results are revealed in the awards articles published in this special winners’ review. They show how…
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