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13/05/2025
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Tag: Central Banking

How Lebanon was plundered by its own central bank

01/09/202301/09/2023 - Leave a Comment

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

European Central Bank announces new super hike of interest rates to tame inflation

30/10/2022 - Leave a Comment

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

IMF chief rebukes UK officials over ‘policy coherence’

14/10/2022 - Leave a Comment

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

UK economy faces double threat of inflation surge, recession risk

01/07/2022 - Leave a Comment

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

Fifth consecutive hike as interest rate raised to 1.25% by Bank of England

17/06/2022 - Leave a Comment

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

Bank of England ups rates

04/02/2022 - Leave a Comment

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

Turkey’s economic gamble

10/12/2021 - Leave a Comment

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

Friday 12th – this week’s top economic news

05/11/202112/11/2021 - Leave a Comment

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

Central concerns

26/09/202102/10/2021 - 2 Comments.

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

Lose change 

30/06/202109/01/2022 - Leave a Comment

There’s a digital revolution in money on the way. Barry James reports. A major new disruption to global monetary systems, perhaps the greatest yet, is moving in fast from left …

Lose change  Read More

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