I am continually fascinated by how many second-order ‘understandings’ are missed, even by those people who have a really good first-order understanding of finance. For example, every financial advisor understands that bonds are less…
The text of the following statement was released by the G7 Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America and the High Representative of the…
Thank you, Professor O'Connell, for that kind introduction and for the opportunity to talk to this group.1 I am delighted to be back at Swarthmore College. This special…
Reuters exclusively reported that the German government is weighing selling its entire 99% holding of German utility Uniper, which has a market capitalisation of nearly $19 billion. The government had flagged previously only…
Tom GerkenTechnology reporterGetty ImagesReddit has temporarily banned one of its communities - and removed another - after X owner Elon Musk claimed comments made by the site's users about his employees were breaking the law. The!-->!-->…
Thank you for the invitation to speak to you today.1 It is a pleasure to be with you. I always enjoy the opportunity to meet bankers from across the country to learn about…
Overall, the macro & liquidity conditions are still positive for risk assets. While equity market valuations are rich, especially in the US, earnings growth momentum is accelerating, and market dynamics remain favourable.…
What are the biggest trends shaping digital assets today?While many trends are at play, three stand out: regulation, institutions and tokenization of real-world assets.The U.S. appears to be adopting a more friendly posture…
President John Dramani Mahama has emphasised the need for Africa to shift from being exporter of its natural resources to producers of finished products. Speaking at the Africa Prosperity Dialogues in Accra on Saturday, President…
Over the weekend, President Trump announced tariffs of 25% on both Canada and Mexico, as well as a 10% tariff on China. Such was not unexpected, as contained in the Trump tariff Executive Order. Specifically, that order stated:
“: Sec.…