EU set to meet two of its three 2020 climate goals

A four-percent drop in greenhouse gas emissions in 2019 and the green effects of the pandemic will help the EU meet two of its three 2020 climate goals, a report published Monday showed.

Why lockdown had little to no effect on global temperatures

Countries across the world took unprecedented action in the first few months of 2020 to control the spread of COVID-19. At its peak, one-third of the world's population was in lockdown. Around the world, car travel fell by ...

The best of both worlds for economic predictions

Danish physicist Neils Bohr once quipped that prediction is hard, especially when it is about the future. But this is precisely what financial regulators need to do—forecasting the likely state of the economy in the future ...

Unconventional monetary policy and bank risk taking

Unconventional monetary policy does not lead to greater risk-taking by banks, according to new research. This will be welcome news for central banks and policymakers as they ramp up efforts to limit the economic fallout of ...

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