Life below zero.
Dmitriy Demidovich
UK banks have been given six months to prepare for rates going below zero.
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December 11, 2020
Pep Canadell , CSIRO ; Corinne Le Quéré , University of East Anglia ; Glen Peters , Center for International Climate and Environment Research - Oslo ; Matthew William Jones , University of East Anglia ; Philippe Ciais , Commissariat à l’énergie atomique et aux énergies alternatives (CEA) ; Pierre Friedlingstein , University of Exeter ; Robbie Andrew , Center for International Climate and Environment Research - Oslo , and Rob Jackson , Stanford University
The pandemic, along with other recent trends such as the shift towards clean energy, have placed us at a crossroad: the choices we make today can change the course of global emissions.
Tall buildings, smaller credit rating.
Jeremy Reddington
The first trading day after Moody's cut the UK to three notches below Aaa, the markets shrugged.
Crash course.
EPA
How the lessons learned from the global financial crisis can transform our view of COVID risk.
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Not all people in banks are unethical, but banking attracts unethical people.
Markets panicked following the collapse of investment bank, Lehman Brothers, in 2008.
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PODCAST: Part six of The Anthill Podcast's Recovery series looks at the 2008 financial crisis and Great Recession that followed.
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This recession is not like any other in living memory. Phase one involved a massive supply shock. Phase two will involve dealing with a collapse in demand.
Golden arches.
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Since the demise of the gold standard in the early 1970s, the precious metal has gone through four distinct phases.
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Australia's economy has prospered due to open borders and international trade. It has much more to lose from disruptions.
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Employment levels regularly dip after crisis.
Christian Bale plays quirky hedge fund Michael Burry in The Big Short (2015).
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Michael Burry was right about the bubble that caused the Global Financial Crisis. He's wrong about the next bubble being passive investment.
Under President Jacob Zuma the economy didn’t recover as much as it should have from the global financial crisis.
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The only way out of South Africa's crisis - financially wobbly utility Eskom, worsening public finances and poor economic growth - is a societal agreement that recognises the need for sacrifices.
Jobs on the line.
EPA-EFE/Facundo Arrizabalaga
A number of banks are doomed to fail if they don't adapt to the new realities of the finance industry.
Once you deposit your money with a bank, it no longer legally belongs to you.
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New Zealanders store just under NZ$178 billion of their cash in banks, but their savings aren't insured. This would change if the government introduces a deposit insurance.
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Young people in the UK experience some of the worst working conditions. To understand why we need to look at longer-term changes in the political economy.
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As fears of a US-China trade war grow, the eurozone is starting to look like a rock.
Leaders pose for the official G20 family photo at their 2014 summit in Brisbane.
Andrew Taylor/AAP
All talk, no action? The G20 turns out to be a surprisingly productive international exercise.
Oh my Gordie.
Aaron Chown/PA
Gordon Brown is worried. So should we all be.
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The housing bubble that burst and triggered the 2007-08 global financial crisis was fuelled by securitisation.
Kweku Adoboli was convicted in 2011.
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One person should not bear sole responsibility for a loss of US$2.3 billion at a global financial institution employing 65,000 people.