There are now more than 4.5 billion social media users around the world. That is more than 400 million higher than it was 12 months ago, equating to year-on-year growth of almost 10%, according to…
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A Surinamese court has sentenced Gillmore Hoefdraad, a former central bank governor and finance minister, to 12 years in prison on corruption charges, according to media reports. The court also fined Hoefdraad S$500,000 ($23,200) in…
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The Central Bank of the Republic of Turkey is set to distribute its profits early for a second year and hand over a chunk of its reserves to the government. A spokesperson confirmed to Central…
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International Monetary Fund staff have advised the Central Bank of Belize to improve its cyber security regulation and establish a new IT supervision team. An IMF staff report said the central bank’s supervisory expectations on cyber…
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The governor of the Reserve Bank of New Zealand, Adrian Orr, is facing criticism from politicians over personnel turnover and inflation. Opposition leaders questioned Orr on these topics on December 15, when the governor appeared…
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Central bank digital currencies (CBDCs) should be created to complement stablecoins, says Imran Khan, head of partnerships at Bitt. “Central bank digital currencies are simply a digital form of a national currency, and a stablecoin…
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Daily processes large and small have seen a drastic shift of emphasis towards increased automation as evolving technology has permeated every aspect of people’s lives. Lars Schröder, senior engagement manager at SkySparc, explores the impact…
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The Federal Reserve has cut rates for the second time in less than two weeks, in an unexpected move to calm markets alongside co-ordinated action from central banks worldwide. In a statement today (March 15),…
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Risk premia for corporate bonds differ according to country of origin, researchers say The European sovereign debt crisis has “reversed the process of financial integration” in the eurozone, a working paper published by the Banque…
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The vice-chair of the Federal Reserve Board, Richard Clarida, has dismissed fears that US inflation rates would run out of control. Speaking to the Institute of International Finance on October 12, Clarida said “stagflation is…
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