The world is warming up and now “boiling”, according to the new definition by UN Secretary-General António Guterres. Yet, instead of tackling the “climate crisis”, governments are subsidising fossil fuels. This claim has been put forward by the IMF in …
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At a dinner early in July the CEO of NatWest bank group (formerly known as RBS) Dame Allison Rose told …
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WP 2023-05. Executive Summary This study aims to investigate the effectiveness of car scrappage schemes implemented in the European Union …
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Although the global economic performance shows signs of improvement, growth remains fragile. Certainly, lower energy costs contribute to slowing down …
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WP 2023-04. Executive Summary Among libertarians, it has been conventional to define the minimal state as a state that enforces …
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How are Central Banks Likely to Appraise the Future Viability of Neobanks?
by John Butler and Gordon KerrQuestionable business models in Fintech have been exposed, as predicted, in response to rising interest rates. In Europe, the UK …
by John Butler and Gordon Kerr -
Introduction The European Stability Mechanism (ESM) backstops the euro. Its nominal size is €705 billion but its lending capacity is …
by Bob Lyddon -
La Niña has gone, and El Niño is back. They are natural phenomena originating in the Pacific Ocean and affect …