Will digital currencies become the norm as the world moves towards a cashless society?
More than 90% of the world's central banks are looking at introducing a central bank digital currency (CBDC), to complement existing banknotes.
More than 90% of the world's central banks are looking at introducing a central bank digital currency (CBDC), to complement existing banknotes.
Economics & Business
Jul 2, 2024
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In the last article of his prolific career, the late Marvin Goodfriend, who held the Allan H. Meltzer Professorship of Political Economy at Carnegie Mellon's Tepper School of Business and was a lifelong student of inflation ...
Economics & Business
Dec 18, 2023
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Climate disasters are now costing the United States US$150 billion per year, and the economic harm is rising.
Environment
Nov 30, 2023
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58
The World Bank and the International Monetary Fund are being challenged to make substantial reforms so that they become fit for purpose in the 21st century.
Economics & Business
Oct 17, 2023
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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.
Economics & Business
Sep 29, 2023
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New research has confirmed that the commonly repeated statement that the illicit antiquities trade is the third largest illicit trade in the world is unsupported by evidence.
Archaeology
Jul 22, 2023
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How do you make transport in the world's big cities more climate-friendly without putting too much pressure on people? A model-based study of 120 major cities around the globe now shows how these two major goals can be reconciled. ...
Environment
May 29, 2023
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170
First home buyers (FHBs) in New South Wales (NSW) are finding it more challenging to get into home ownership, and government intervention during the COVID-19 pandemic may be partly to blame.
Economics & Business
May 26, 2023
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In August 2020, Federal Reserve Chair Jerome Powell announced a change in the Fed's inflation strategy: they would be implementing a strategy called average inflation targeting (AIT), which allows inflation to move above ...
Economics & Business
May 5, 2023
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At 8:15 p.m. on November 8, 2016, India's Prime Minister Narendra Modi delivered a surprise address live on national television. He announced that, at midnight, all 500- and 1,000-rupee notes would cease to be legal tender. ...
Economics & Business
Apr 5, 2023
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