The macroeconomic effects of introducing a central bank digital currency
Central bank digital currencies are gaining traction as a potential innovation in central banking, with numerous countries considering their implementation. However, given the limited real-world
How the SS Great Britain overcame the tyranny of distance
The transition from sail to steam power for cargo and passenger shipping to Australia lagged behind the North Atlantic by nearly two decades. This column
Unlocking energy, jobs and opportunity for Africa’s growing young population
At a workshop in Marimauta Village, Zimbabwe, business is booming. Local entrepreneurs drop by to commission bespoke machinery. A solar-powered maize processing machine serves farmers
Can Africa Claim the 21st Century?
In 2000, the World Bank published, “Can Africa Claim the 21st Century?” This landmark report proposed four crucial areas of progress, and the priorities that were
Global economy’s ‘sugar rush’ defies trade drama – for now
Investment banks and institutions generally expect the United States to avoid a recession this year and the global economy to keep growing For all the
US banks tiptoe toward crypto, awaiting more green lights from regulators
Big U.S. banks are holding internal discussions about expanding into cryptocurrencies as they get stronger endorsements from regulators, but initial steps will be tentative, centering on pilot
