Sanctions: The United Kingdom Acts

The United Kingdom Government has introduced the Sanctions and Anti-Money Laundering Bill to Parliament.  Provisions for continuity of current sanctions arrangements post BREXIT have become necessary. Failure to do so would put the United Kingdom in breach of its international

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British Airways: Bring On the Competition

How to manage an apparent paradox – and make a profit while doing so. It is a challenge well suited to British Airways CEO Alex Cruz, the eminently likable Spaniard who transformed Vueling from a struggling low-cost carrier into a

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Otaviano Canuto, World Bank: The Metamorphosis of Financial Globalisation

After a strong rising tide starting in the 1990s, financial globalisation seems to have reached a plateau since the global financial crisis. However, that apparent stability has taken place along a deep reshaping of cross-border financial flows, featuring de-banking and

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Robert J Shiller: Understanding Today’s Stagnation

Ever since the Great Recession of 2007-2009, the world’s major central banks have kept short-term interest rates at near-zero levels. In the United States, even after the Federal Reserve’s recent increases, short-term rates remain below 1%, and long-term interest rates

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Hans Peter Lankes, IFC: IFC’s Development Impact, One Market at a Time

Having worked in the international financial institutions for much of my career, I’m a big believer in the power that development institutions have in building a bridge between the government and the private sector. That philosophy underpins the International Finance

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Emmanuel Macron: Perfect Timing

The fate of the European Union may well rest on his shoulders. Front-runner in the French election campaign, Emmanuel Macron (39) is widely expected – but not guaranteed – to trash Marine Le Pen in the May 7 run-off for

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G20: Challenges in Shaping an Interconnected World

Expertly ducking a potentially traumatic Trump (hand)shake by shooting past the US president to his wife Melania, Polish first lady Agata Kornhauser-Duda perhaps unwittingly set the tone for the annual G20 summit – showing Mr Trump his place in the

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Angela Merkel: Leader of the Free World

Playing nice gets results. Just ask Angela Merkel who became the undisputed leader of the free world after the US elevated a rather rude businessman to the presidency. Mrs Merkel’s phone manners are also much more effective. Instead of hanging

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Nouriel Roubini: The Global Recovery’s Downside Risks

For the past two years, the global economy has been growing, but it has swung between periods of rapid expansion and deceleration. During this period, two episodes in particular, caused US and global equity prices to fall by about 10%.

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UK: Casino Politics

In a triumph of cautious optimism over alarmist gloom, UK voters delivered Prime Minister Theresa May a comeuppance of sorts, depriving her of an outright majority in parliament and refusing to buy into Tory visions of strong and stable leadership

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