Crazy rich relocations: Singapore becomes a haven for Chinese elite
…a billionaire enclave. “There seems to be an uptick in Bentleys.” One finance industry executive observed that “[Chinese billionaires] have always treated Singapore like a…
Letter: Only BoE intervention can save the economy from meltdown
…In 2008 and 2020 economic crises were averted using government-created money and the Bank of England’s quantitative easing process. Interventions on those occasions were of £150bn or more….
Letter: Dutch PM is wrong not to restart Groningen gasfield
…Chris Mulder Former Staffer, IMF, World Bank and Dutch Finance MinistryWarten, The Netherlands…
JPMorgan Advises Investors to Sell Crypto, Buy Value Stocks — Says the Fed Overestimates…
The chief global strategist of JPMorgan Asset Management has advised investors to focus on valuations, invest in value stocks, sell crypto, and steer clear of bitcoin.
Hungary raises interest rate to 11.75%
Central official cites inflation and dispute over rule of law
FedNow scheduled for mid-2023 launch
Bowman and Brainard see CBDC substitution and cloud technology advantages
Swift aims to cut cross-border frictions with predictive tool
Use of anonymised data can help spot errors in cross-border payments, Swift says
Trainee shortage adds to German workforce woes 31.08.2022
Back in 2014, US magazine The Atlantic published an article extolling Germany’s apprenticeship system.
Tensions flare between policy-makers over US Treasury reform
SEC’s proposed rule-changes have “ruffled feathers” at Treasury department
Tactical and strategic ETF use in reserves
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