Evidence suggests that green lending to reduce developing countries’ CO2 emissions displays all the pathologies associated with financial manias.
With the news that British voters decided to leave the European Union, emerging market currencies – including the Rand – have taken a beating.
Banks have paid $150-billion collectively in fines, but critical reforms must continue, says Bank of England governor Mark Carney.
Mark Carney, the governor of the Bank of England up before the Treasury select committee was as intensely relaxed as ever.
While South Africa’s economic calendar may be quiet, policymakers at four major central banks are due to announce decisions this week.
The UK’s finance minister, George Osborne, has sprung a surprise by putting Canada’s central bank chief in charge of the Bank of England.