Mail & Guardian
Mail & Guardian
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Pay up: Activists dressed as debt collectors hold cutouts of the leaders of Italy, the UK, the US, Australia and Canada during a protest in front of the IMF headquarters to ask rich nations to keep their promise to support developing countries to tackle climate change. Photo: Pedro Ugarte/AFP
COP26

Private climate funding is the next finance bubble

Evidence suggests that green lending to reduce developing countries’ CO2 emissions displays all the pathologies associated with financial manias.

  • Arvind Subramanian
5 min read
BANK OF ENGLAND
Audio

​Pravin Gordhan, Presidency move to reassure South Africans over Brexit

With the news that British voters decided to leave the European Union, emerging market currencies – including the Rand – have taken a beating.

  • Lynley Donnelly
4 min read
BANK OF ENGLAND

This is how we fix global banking

Banks have paid $150-billion collectively in fines, but critical reforms must continue, says Bank of England governor Mark Carney.

  • Staff Reporter
9 min read
Reputation at risk: Mark Carney
BANK OF ENGLAND

Bank of England’s Carney chill calms treasury

Mark Carney, the governor of the Bank of England up before the Treasury select committee was as intensely relaxed as ever.

  • John Crace
3 min read
EUROPEAN CENTRAL BANK

Economic week ahead: Central banks to set the tone

While South Africa’s economic calendar may be quiet, policymakers at four major central banks are due to announce decisions this week.

  • Matt Quigley
6 min read
Britain’s Chancellor of the Exchequer George Osborne
BANK OF ENGLAND

UK’s new central bank boss has clout

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.

  • Phillip Inman
3 min read