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Tag: Central Banks

Investments & markets
News
With massive withdrawals and no central bank to come to its rescue, Sberbank Europe is defaulting. Its London-listed stock is down 70%. The holding is owned in...
Investments & markets
News
The intervention orchestrated by the Turkish Central Bank to sustain the Lira has turned ineffective. The Lira fell further. Erdogan has therefore replaced his finance minister...
News
World
The Turkish Lira is free falling. It has been weakening for years (from parity to 12 TRY to the dollar), but the 15% fall on Tuesday...
Crypto
Investments & markets
Not all central bankers and diplomats have a good opinion of cryptocurrencies. They are assessing their costs & benefits through articles in prime newspapers. One diplomat/economist...
Crypto
Investments & markets
Central Bank Digital Currencies are very different from cryptocurrencies. Cryptos will be used by unsavory countries. CBDCs will be used by democracies and bad actors alike....