Published by Promoting Economic Pluralism
Gold has been a symbol of wealth for thousands of years. While humans have used all sorts of instruments as money (salt, coins, banknotes, or now, algorithms), no asset even …
From safe-haven investment to geostrategic weapon: Who owns the most gold and where are the bars kept? Read More
Before the start of the economic crisis in Lebanon in 2019, the governor of the country’s central bank, Riad Salameh, had a strong reputation as one of the world’s best. But by the …
How Lebanon was plundered by its own central bank Read More
The European Central Bank (ECB) has announced a new jumbo hike of interest rates in a bid to bring down record inflation in the eurozone. The bank’s three key interest …
European Central Bank announces new super hike of interest rates to tame inflation Read More
International Monetary Fund Managing Director Kristalina Georgieva has rebuked the United Kingdom over its planned tax cuts, telling its finance minister and central bank chief that their policies should not be …
IMF chief rebukes UK officials over ‘policy coherence’ Read More
LONDON, June 29 (Reuters) – Britain’s economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, leaving the Bank of …
UK economy faces double threat of inflation surge, recession risk Read More
The Bank of England has raised interest rates for the fifth time in a row to 1.25% and set the scene to act more “forcefully” ahead because of a mounting …
Fifth consecutive hike as interest rate raised to 1.25% by Bank of England Read More
LONDON — The Bank of England increased the key interest rate by 0.25 percent to 0.5 percent on Thursday, the first time since 2004 that it has implemented consecutive rate hikes. Of the …
Bank of England ups rates Read More
Polite descriptions of Turkish President Recep Tayyip Erdoğan’s economic policies go something along the lines of “unorthodox” or “going against the grain.” Put more bluntly, his ideas appear to tap into …
Turkey’s economic gamble Read More
Emerging economies spar with U.S. over ‘carbon colonialism’ from Politico: GLASGOW, Scotland — The United States, the European Union and the U.K. drew a sharp rebuke on Thursday from developing …
Friday 12th – this week’s top economic news Read More
In his book, Building a Better world for All, former governor of The Bank of England Mark Carney, looks at value beyond dollars and demands your attention. Review by Guy …
Central concerns Read More