Published by Promoting Economic Pluralism
The rising cost of living is causing employed people to look for either higher pay with a new job or take on additional jobs, according to the recently released Global Workforce Hopes and …
Cost of living is driving one in four workers globally to look for new jobs Read More
Lagos, Nigeria – Last Friday Nigeria’s new President Bola Tinubu suspended the country’s Central Bank Governor Godwin Emefiele. On Saturday, Nigeria’s secret police confirmed the erstwhile top banker has been arrested …
How Emefiele, Nigeria’s powerful central bank chief lost his seat Read More
Blair Fix puts interest rates to the test in the treatment of inflation and raises a laugh. Advances in science almost invariably arise from questioning received wisdom — taking ideas …
Fighting inflation with flat-earth monetary policy Read More
FRANKFURT, Germany (AP) — Europe’s inflation took a positive turn with a significant drop to 6.1%, but prices are still posing a pinch to shoppers who are yet to see …
Europe sees inflation drop to 6.1%, but real relief for consumers will take months Read More
Prices that double every year, the Turkish lira at record lows, the Central Bank’s foreign exchange reserves in negative for the first time in 21 years, a tangle of regulations …
Straightening Turkey’s economy: The main challenge of Erdogan’s new term Read More
LONDON — The U.K. will invest £1 billion over the next decade to secure semiconductor supplies and boost its chip design sector, Prime Minister Rishi Sunak announced in the early hours …
UK plays catch-up in chips war with £1B semiconductor strategy Read More
Everyone with a mortgage in London—and the rest of the UK—woke today (May 11) to the unwelcome news that interest rates, and therefore the cost of paying for their homes, are likely …
The super-rich are gobbling up prime London properties at a rate not seen since Brexit Read More
NIIGATA, Japan, May 11 (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said many members of the Group of Seven advanced economies shared U.S. concerns about China’s use of …
Yellen says G7 members looking at how to counter China’s ‘economic coercion’ Read More
It is eleven o’clock in the morning at the Madrid headquarters of the Renta 4 bank and a group of eight young people from various countries are typing away concentrated …
AI: When the machines tell you where to invest: ‘You won’t always win’ Read More
A crisis of confidence in the US banking sector led people to pull their money from banks including Silicon Valley Bank and Credit Suisse, and more recently, First Republic Bank and California-based PacWest …
Digital bank runs: social media played a role in recent financial failures but could also help investors avoid panic Read More