The economic fallout from the Covid-19 pandemic – as witnessed during previous crises – has had an important influence on the money creation process and the seigniorage booked into the financial results of central banks.…
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© Reuters. Mexican Agriculture Minister Victor Villalobos, U.S. Agriculture Secretary Tom Vilsack and Iowa State University President Wendy Wintersteen tour the Seed Science Center in Ames, Iowa, U.S., October 20, 2021. REUTERS/Tom Polansek By Tom…
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The pandemic has been a bruising experience for the global economy. In response, many countries have kept interest rates low, to keep money moving at a time of extreme uncertainty. In the UK, rates have…
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The field of ancient DNA has grown rapidly in recent years, largely thanks to technological advancements. This work involves sampling human remains from long ago and analysing the DNA to understand human and population history,…
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© Reuters. FILE PHOTO: A petrol station attendant prepares to refuel a car in Rome, Italy, January 4, 2012. REUTERS/Max Rossi By Ahmad Ghaddar LONDON (Reuters) -Oil prices fell on Wednesday after the Chinese government…
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Soaring energy prices in the UK are squeezing many businesses, with “household names” reportedly only days away from going bust. Energy-intensive sectors like steel, paper, glass and fertilisers are leading calls for government support to…
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Nearly a quarter of adults in the world do not have access to a basic bank account. Financial technology (FinTech) innovations, such as mobile money, are one way to bridge this gap. Examples include M-Pesa…
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The Central Bank of the United Arab Emirates is preparing to gain new powers over insurance, as part of the government’s ambition to make it one of the top 10 central banks globally. The central bank…
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2/2 © Reuters. FILE PHOTO: Smoke and steam billow from Belchatow Power Station, Europe’s largest coal-fired power plant, operated by PGE Group, at night near Belchatow, Poland December 5, 2018. REUTERS/Kacper Pempel/File Photo 2/2 By…
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Press enquiries: +41 61 280 8477[email protected] Ref: 27/2021 The Financial Stability Board (FSB) today published a report on existing approaches to cyber incident reporting and next steps for broader convergence. Cyber incidents remain…
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