New Zealand’s financial system is sound but still vulnerable, according to the Reserve Bank. But without better evidence there’s too much room for fear-mongering and confusion.
The dark side of ‘financialisation’ is well-known. But it’s not all bad news.
This government has known more about the granular detail of the crisis than any government in any crisis before it.
UK banks have been given six months to prepare for rates going below zero.
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.
The first trading day after Moody’s cut the UK to three notches below Aaa, the markets shrugged.
How the lessons learned from the global financial crisis can transform our view of COVID risk.
Not all people in banks are unethical, but banking attracts unethical people.
PODCAST: Part six of The Anthill Podcast’s Recovery series looks at the 2008 financial crisis and Great Recession that followed.
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.
Since the demise of the gold standard in the early 1970s, the precious metal has gone through four distinct phases.
Australia’s economy has prospered due to open borders and international trade. It has much more to lose from disruptions.
Employment levels regularly dip after crisis.
Michael Burry was right about the bubble that caused the Global Financial Crisis. He’s wrong about the next bubble being passive investment.
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.
A number of banks are doomed to fail if they don’t adapt to the new realities of the finance industry.
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.
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.
As fears of a US-China trade war grow, the eurozone is starting to look like a rock.
All talk, no action? The G20 turns out to be a surprisingly productive international exercise.