Why the IMF could be forced to eat ‘humble pie’ again
They call it the "dismal science" for good reason. The supposed oracles of economic forecasting have been forced to eat humble pie on more...
Central banks bought the most gold since 1967 last year, WGC says
Central banks added a whopping 1,136 tonnes of gold worth some $70 billion to their stockpiles in 2022, by far the most of any...
Rising interest rates have a sting in the tail for Europe’s banks
Rising borrowing costs are giving a long-awaited lift to Europe's beleaguered banks, but they come with a sting in the tail.
Last year central banks...
U.S. wants World Trade Organization dispute system fixed by 2024
The United States is entering a third phase of talks with countries to reform the World Trade Organization's (WTO) hobbled trade dispute arbitration system...
British banking damaged by slow supervisors warns industry report
Britain's regulators can be slow, inefficient and unpredictable, raising costs and slowly damaging the financial sector's global competitiveness, industry body TheCityUK said in a...
