In his 2009 budget speech, the late Baledzi Gaolathe forecast a deficit of P13.4bn due to the global financial crisis. His son, Ndaba, is due to announce a shortfall of more than P10bn on Monday. Both ...
It discusses why, although the Lehman Brothers bankruptcy was a key trigger for the global financial crisis, three other events were at least as important: the AIG collapse on September 16, 2008; the ...
Critics say Trump’s executive order will cause a humanitarian catastrophe and undermine America’s influence, reliability and global standing.
We present evidence of the causal effects of the monetary policies of the US Federal Reserve, the European Central Bank and of the People's Bank of China on the Global Financial Cycle. We then assess ...
Which raises the question of whether Japan (US$1.1 trillion in bonds) or China (more than US$700 billion) will sell their Treasury bonds and perhaps trigger a massive global financial crisis.
CFR’s Global Monetary Policy Tracker compiles data from 54 countries around the world to highlight significant global trends in monetary policy. Who is tightening policy? Who is loosening policy?
KORCHAM noted, "Recently, domestic and external uncertainties have intensified, and it is expected that our economy's growth rate will be fixed at around 1%." It explained that the meeting aims to ...
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The Bangkok Post on MSNRisk of financial crisis creeps ever closerWhen I started writing this article last week, I said to myself: "This might be another article no one will believe." Financial crisis? You must be out of your mind. The situation seems to be under ...
Exchange traded funds (ETFs) have improved the efficiency of stock markets in the developed world, new research suggests.
South Korean commercial banks are scaling back loans to small and medium-sized enterprises (SMEs) as high exchange rates ...
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