Bankers' bonuses not to blame, shows new research

(PhysOrg.com) -- Research from the University of Bath counters the claim that large bonuses in the banking industry are at the root of the global financial crisis.

Cracking the code

After the 2008 financial crisis hit, many people were startled to learn that the leaders of some investment banks knew little about the risks their firms had taken.

Public firms weathered recession better than expected

(PhysOrg.com) -- The prevailing narrative of the financial crisis revolves around banks' reduced ability to issue loans, but a new paper by University of Arizona associate professor of finance Kathy Kahle reveals that the ...

Can we future-proof against another financial crisis?

(PhysOrg.com) -- On the day that the UK emerges from the recession, an Oxford University study warns that by continuing to test and future-proof individual banks without considering the resilience of the financial system ...

The delicate balance of setting central bank interest rates

As the Bank of Canada prepared to announce its decision on interest rates in early September, Tiff Macklem, the bank's governor, received imploring letters from premiers spanning both the country and the political spectrum.

How rising household debt could slow UK labor strikes this year

After decades of declining real wages and deteriorating working conditions, strike activity has spiked over the last year, particularly in the United Kingdom. From nurses and teachers to railway and postal workers, employees ...

Iraq's prized rice crop threatened by drought

Drought is threatening the Iraqi tradition of growing amber rice, the aromatic basis of rich lamb and other dishes, and a key element in a struggling economy.

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