The cost of catastrophe: rebuilding from disaster By Sarah Moloney In 2024, climate catastrophes cost the global economy $320bn. This was 30% higher than the year before, making it the…
Beware basing Russian reparations on vengeance By John Nugée While it is tempting to say Russia’s assets should be seized as reparations for the destruction it has inflicted on Ukraine,…
Gardens, islands and bridges: The quest for interoperability By Lewis McLellan New technology is offering us some exciting opportunities to overhaul and improve the ways in which we pay, borrow,…
Philadelphia Fed optimistic about US economic resilience By Julian Jacobs The US economy is showing surprising signs of resilience. That was the diagnosis made during OMFIF’s meeting with the Federal…
Treasury FXR struggles with realities of manipulation, DLT and the US payments system Commentary: Currency manipulation realities By Mark Sobel in Washington Under the Bush and Obama administrations, foreign exchange…