A digital twin is a virtual representation of a real system – a building, the power grid, a city, even a human being – that mimics the characteristics of the system. A digital twin is…
Read MoreFSB Chair Klaas Knot speaks at the Green Swan Conference co-organised by the Bank for International Settlements, the European Central Bank, the Network for Greening the Financial System and the People’s Bank of China. by…
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Central Bank of the Republic of Kosovo The International Monetary Fund has urged Kosovan authorities to appoint a new central bank deputy governor and to fill a vacancy on the supervisory board. The recommendations continue…
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© Reuters. FILE PHOTO: Shelves for baby and toddler formula are partially empty, as the quantity a shopper can buy is limited amid continuing U.S. shortages, at a grocery store in Medford, Massachusetts, U.S., May…
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The day after an armed 18-year-old entered the Robb Elementary School in Uvalde, Texas, and shot dead 19 children and two teachers, the share prices of gun and weapons manufacturers jumped. A week on, and…
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Next time you go diving or snorkelling, have a close look at those wondrously long, bright green ribbons, waving with the ebb and flow of water. They are seagrasses – marine plants which produce flowers,…
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The Financial Stability Board (FSB) has today started the recruitment process to find a replacement for its current Secretary General, Dietrich Domanski, who will be retiring from his current role towards the end of the…
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3/3 © Reuters. FILE PHOTO: A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, U.S., May 15, 2021. Picture taken May 15, 2021. REUTERS/Kathleen Flynn/File Photo/File Photo 2/3 By Laura Sanicola (Reuters)…
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Americans have blamed many culprits, from mental illness to inadequate security, for the tragic mass shootings that are occurring with increasing frequency in schools, offices and theaters across the U.S. The latest, which occurred on…
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More than two-thirds of central banks think it is either ‘possible’ or ‘likely’ that they will issue a retail central bank digital currency (CBDC) in either the short or medium term, the Bank for International…
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