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Home NewsComment Johnson’s Brexit pirouette, Sustainability in smart cities, and more

Johnson’s Brexit pirouette, Sustainability in smart cities, and more

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Johnson’s Brexit pirouette, Sustainability in smart cities, and more

THE WEEKEND REVIEW  – OMFIF

Latest opinion and analysis from OMFIF around the world

19-23 October 2020, Vol.11 Ed.41

Most-Read Commentary

Johnson’s Brexit pirouette: UK Prime Minister Boris Johnson’s reaction to the European Council’s cautious language on Brexit was widely reported as a major confrontation with Europe. French President Emmanuel Macron’s comments were more interesting. He signaled that the EU would make a concession on fishing, which Johnson desperately needs to show that he has won something out of the contentious talks. He is on a political tight-rope and must perform a pirouette to turn back at the right moment to keep members of parliament on side, writes Denis MacShane.

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Commentary

Investors find safety in Chinese bonds: Much has been written about the return benefits of diversifying into Chinese government bonds. Global investors tend to spread bets across US, European and Japanese debt. But these traditional markets are no longer as attractive, and investors are turning increasingly to China, write Eugene Leow, Duncan Tan, Chang Wei Liang and Nathan Chow. Read more.

Podcast

Sustainability in smart cities: There is a need for innovations that make cities more efficient, connected and sustainable. Paul Kent, global infrastructure head of smart cities at KPMG, and Paul Lam, digital strategy lead at the Asia Infrastructure Investment Bank, join OMFIF’s Brandon Chye to explore the development, financing and management of smart cities. Listen to the recording.

Commentary

It’s mostly fiscal: The International Monetary Fund has dedicated much of its attention to helping over-indebted countries put their finances in order. It has done so through emergency loans tied to fiscal policy conditions. Hence the long-running joke that ‘IMF’ is really short for ‘It’s mostly fiscal’, writes Christian Kopf. Read more.

Commentary

Prepare for digital currency wars: There is growing consensus among the major central banks that digital fiat money is inevitable. The emergence of a single global digital currency authority is probably some way off. Expect hostilities as major monetary issuers vie for pre-eminence, writes Philip Middleton. Read more.

 

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