Both climate change and policies to prevent it can rattle the economy.
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It isn’t just the effects of climate change that could destabilize the financial system, it’s also fossil fuel assets losing value. The good news is that central banks can fix it.
Computer village, Lagos, is one of those places where Igbo entrepreneurship is practiced and passed on to the next generation.
Photo by Pius Utomi Ekpei/AFP via Getty Images
The Igbos, like most other indigenous groups, believe in maintaining a legacy of not just their language, but other values, including trans-generational business legacies.
Many countries in Africa are dependent on commodities export.
Ghana remains heavily dependent on primary commodity exports for foreign exchange earnings.
Unregulated currencies and finance are cool in theory - but who is responsible when it goes wrong?
stock_photo_world / shutter stock
It is near impossible to regulate currencies and financial services that were built to avoid regulation – but it is increasingly necessary
Who picks up the bill when customers can’t pay?
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Many Americans have been unable to pay their electric bills during the COVID-19 pandemic, racking up billions of dollars in delinquent bills. Where will the money come from?
Colgate University is a small liberal arts college in upstate New York.
John Greim/LightRocket via Getty Images
To secure a better future, small liberal arts colleges must focus on providing more opportunities for upward mobility, authors of a new book about the pandemic’s effect on the colleges say.
Slave traders transformed human lives into profit-bearing opportunities – just like modern finance.
Painting of South Sea Bubble speculators by Edward Matthew Ward, Tate Gallery.
The real story of the South Sea Bubble and what happened when it burst 300 years ago.
African leaders have their work cut out to make the continental free trade area a success.
Africa has opportunities to integrate further and bring its economies into the global economy.
Time to make a plan.
What you need to know when it comes to saving, investing, borrowing and spending.
South Africa’s finance minister Tito Mboweni says the IMF loan will limit the country’s economic vulnerabilities which have been exacerbated by COVID-19.
Gallo Images/Brenton Geach
The IMF loan does not impose any conditions over and above what is in South African law on how the funds can be used; it only seems to expect the country to implement policies already announced.
Reading the runes.
Some markets suggest a swift economic recovery from coronavirus. Others are less optimistic.
Protestors voice their displeasure during a New York City Council hearing on Amazon’s plan to locate a headquarters in the city.
Drew Angerer/Getty Images
As state and local governments lure businesses to their shores with financial incentives, a recent study finds that two forms of stimulus spur growth more than others.
EY’s auditors are under fire for failing to spot Wirecard’s missing €1.9 billion sooner.
James W Copeland / Shutterstock.com
Big Four firms were hit with £16.5 million in fines for audit failings in 2019 alone.
Strong foundations: Hong Kong’s finance industry.
Hong Kong still has a competitive advantage over mainland Chinese rivals for international commerce.
Alex Bee / Shutterstock.com
Investors who care about the environment are better off holding shares in and exercising their influence over fossil fuel companies.
As a former financial counsellor and former consumer credit educator for ASIC, here’s what I think you need to know if you’re considering mortgage deferral, rent relief or bankruptcy.
Families recovered from the Great Depression much more quickly than the Great Recession.
While the Great Depression reduced inequality and closed the racial wealth gap, the Great Recession of 2009 did the opposite.
The Kampala-Entebbe expressway.
International financing for massive infrastructure projects can create new problems for African cities.
Miniature by Pierart dou Tielt
A look back at history can help us consider the economic effects of public health emergencies and how best to manage them.