Three US-based economists given Nobel Prize for work on banks

Former Federal Reserve Chair Ben Bernanke and two other U.S.-based economists won the Nobel Prize in economics for research into bank failures—work that built on lessons learned in the Great Depression and helped shape ...

Bankers got a kick out of the Crunch, says academic

The bankers who brought the global economy to its knees two years ago may have enjoyed the sensation of losing hundreds of billions of pounds and plunging the world into recession, according to an academic at Cardiff University.

Report shows climate change imperils the U.S. financial system

Burnt orange daytime skies signal that the consequences of climate change are already here. But while we tend to focus on the death and destruction resulting from the growing frequency and severity of wildfires and other ...

A circular economy could save the world's economy post-COVID-19

The World's economy is feeling the effects of the COVID-19 pandemic with many industries under threat. A group of researchers from the UK, Malaysia, Nigeria, UAE and Japan, led by WMG, University of Warwick have concluded ...

Network theory to strengthen the banking system

Since the beginning of the financial crises that erupted in 2008, numerous governments have injected public funds into the banking system in order to prevent the failure of some entities and avoid the collective collapse ...

Economic crises can accelerate decarbonization

Crises can accelerate structural change and spur an absolute decoupling of CO2 emissions from economic growth. Countries that have already embarked on an ambitious path towards climate action have proven themselves particularly ...

A quick look at the 2022 Nobel Prizes

All of the 2022 Nobel Prizes have now been announced. Here's a look at which prizes have been announced so far, which is coming up and what's next for the winners.

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