The World News Monitor – Business Information for Sustainable Development
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Money

Chinese authorities announce $44 billion stimulus package

Central Banking | Aug 26, 2022 at 2:00 AM

Authorities increase funds to power companies and farmers as country suffers from multiple crises

Banks shock commodities by 1,000% in stress-test rethink

Central Banking | Aug 26, 2022 at 2:00 AM

Energy price spikes force clearing firms to consider extreme or even ‘implausible’ scenarios

Fintech needs better oversight as risks grow, FSI says

Central Banking | Aug 26, 2022 at 2:00 AM

Basel-based group sees room for system-level testing and closer scrutiny of tech firms

Economists call for more diversified currency system

Beijing Review | Aug 26, 2022 at 2:00 AM

Mindful of the U.S. monetary policy’s role in fueling the 1997 Asian financial crisis, economists have reiterated caution against lingering dollar dominance.

Germany announces crackdown on money laundering 26.08.2022

Deutsche Welle | Aug 26, 2022 at 2:00 AM

The government has announced plans to crack down on financial crime in a bid to end what Finance Minister Christian Lindner called Germany’s “reputation as a money laundering paradise.”

Most central banks carry out frequent stress tests

Central Banking | Aug 26, 2022 at 2:00 AM

All that carry out stress tests say they have improved financial stability

PBoC launches new phase of e-yuan pilot

Central Banking | Aug 26, 2022 at 2:00 AM

Consumers in some cities can use prototype CBDC for public transport and housing

Powell promises ‘forceful’ action to reduce inflation

Central Banking | Aug 26, 2022 at 2:00 AM

Fed chair warns against premature loosening and says cutting inflation “will take some time”

Letter: What happens when trust in central banks erodes

Financial Times | Aug 26, 2022 at 1:00 AM

…In your timely editorial “A pivotal moment for the world’s central banks ” (FT View, August 23) you note that “to blame monetary policymakers wholly for the cost of living crisis would be unfair….

Letter: FT editorial sits at odds with the Fed’s mistakes

Financial Times | Aug 26, 2022 at 1:00 AM

…Your editorial (“A pivotal moment for the world’s central banks ”, FT View, August 23) suggesting that central banks ’ mistakes look obvious only in hindsight sits oddly with the fact that the Federal Reserve…

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