Swiss reject British virus, Frankfurt displays ECB divergences, and more

THE WEEKEND REVIEW – OMFIF

Latest opinion and analysis from OMFIF around the world

28 September-2 October 2020, Vol.11 Ed.38

Most-Read Commentary

Swiss reject British virus: Switzerland seems to have rejected the other virus stalking Europe – Britain’s chaotic approach to links with its continental neighbours. The mountain state’s 27 September referendum rebuff to ending freedom of movement with the European Union underlines a strong Swiss streak of pragmatism – a reassuring signal for the rest of the continent. Affection for Britain is undimmed in Swiss political circles. But the results-orientated Swiss regard Brexit as an unholy mess which they have no desire to emulate, writes Denis MacShane.

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Podcast In conversation with Patrick Harker: Artificial intelligence is playing an increasingly important role across different economic activities. Patrick Harker, president and chief executive officer of the Federal Reserve Bank of Philadelphia, joins OMFIF’s David Marsh to discuss macroeconomic developments, transforming financial systems, the future of work and more. Listen to the recording. Meeting Europe’s sustainable recovery: On the occasion of the International Monetary Fund-World Bank Group annual meetings, DZ BANK and OMFIF convene a panel discussion on Europe’s recovery plan. Topics include the importance of sustainability for Europe’s future economic path as well as the lessons learnt from setting up the European Financial Stability Facility and more. Read more. Commentary Frankfurt displays ECB divergences: The European Central Bank is grappling towards reformulating its inflation strategy as well as battling against pandemic effects – with widely divergent views on polite but unmistakable display. The ECB is aware that central banks are moving to possible entrapment in policies of indefinite quantitative easing, writes David Marsh. Read More. Commentary US election through damaged looking glass: A judgement on the first debate between President Trump and Democratic contender Joe Biden depends on how one regards such contests. For those expecting a civilised debate, it was a disaster. For those who see debates as blood sport, Trump dominated the proceedings, writes Darrell Delamaide. Read more.

 

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