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Money

Germany’s new accounting regulator decries auditors who are ‘too close’ to clients

Financial Times | Aug 22, 2022 at 5:00 AM

…From 2018, Pötzsch was in charge of BaFin’s resolution and anti-money-laundering department and earned a reputation for toughness after he publicly ordered Deutsche Bank to take action to prevent money laundering…

Back to nature: why employers are sending staff on environmental retreats

Financial Times | Aug 22, 2022 at 5:00 AM

…To date, the UK-based bank has put more than 15,000 employees through the programme, which began as an off-site for those with direct environment-related responsibilities but is now open to staff from any…

Letter: ‘Good loans’ scheme can cut out zombie businesses

Financial Times | Aug 22, 2022 at 4:58 AM

…The FT’s coverage of the British Business Bank audit into the Future Fund investments (“UK’s government investment fund largely backed ‘zombie businesses’”, Report, August 8) highlights a critical issue…

Ukraine: Obstacles to global grain shipments remain 22.08.2022

Deutsche Welle | Aug 22, 2022 at 2:00 AM

Over two dozen ships have left the largest Ukrainian ports in the Black Sea since July 22, when Russia and Ukraine signed an agreement brokered by the United Nations and Turkey to allow grain exports from Ukraine to restart.

Philippines: Children return to school after COVID lockdowns 22.08.2022

Deutsche Welle | Aug 22, 2022 at 2:00 AM

Almost 28 million schoolchildren in the Philippines returned to the classroom Monday after two years of pandemic lockdowns.

China has favorable conditions for overall price stability

Beijing Review | Aug 22, 2022 at 2:00 AM

People buy fruits and vegetables at a supermarket in Changchun, northeast China’s Jilin Province, on March 15 (XINHUA)

Taking a cue from the top: governor turnover and independence

Central Banking | Aug 22, 2022 at 2:00 AM

Central governors tend to have long tenures, but what that means can vary. High turnover remains a worrisome signal

Earnings in upper-middle income economies outstrip high income peers

Central Banking | Aug 22, 2022 at 2:00 AM

Financial stability staffing tends to match jurisdiction’s income level

HKMA deputy chief executive to retire early

Central Banking | Aug 22, 2022 at 2:00 AM

Hong Kong’s finance secretary will chair a panel to pick a successor through open recruitment

Ukraine battles to avoid hyperinflation as war costs soar 22.08.2022

Deutsche Welle | Aug 22, 2022 at 2:00 AM

As the war against Russia enters its seventh month on Wednesday, Ukraine is stuck between a financial rock and a hard place as it seeks to stay afloat while fighting off Moscow’s invading forces.

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