Showing 1 - 3 of 3
The banks the world badly needs
Oped, Lawrence H Summers & N K Singh, Published on 27/07/2023
» The world is literally on fire. Experts estimate that another Covid-level public health threat is likely to emerge in the next generation. Rising interest rates have left dozens of countries with unmanageable debt burdens. And for the first time in nearly half a century, the global economy is fracturing rather than coming together.
'Worthless, risky' cryptocurrencies should be banned
Oped, Willem H. Buiter, Published on 12/02/2022
» The price of Bitcoin has undergone yet another wild gyration, rising from $41,030 (1.3 million baht) on Sept 29, 2021, to $69,000 on Nov 10, 2021, before falling back to $35,075 on Jan 23. That is its second-largest decline in absolute value, though it has suffered larger declines in percentage terms, such as between Dec 15, 2017, and Dec 14, 2018, when it fell by 83.8%. More broadly, the cryptocurrency market (comprising some 12,278 coins) was estimated to be worth $3.3 trillion on Nov 8, 2021, before plummeting to $1.75 trillion as of Jan 30.
UNSC must address pandemic
Oped, Tan Sri Hasmy Agam & Anis H Bajrektarevic, Published on 08/04/2020
» The Covid-19 situation is a very worrying, indeed, alarming matter, not just as a global health and biosafety issue, but potentially as a global security challenge, too.