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Banking and the elusive good death
REUTERS: There is a striking parallel between the US health system, in which there is a marked unwillingness to speak frankly with dying patients about the costs and benefits of heroic measures, and the global banking system, in which the largest too-big-to-fail banks exist in a strange reality in which death is discussed endlessly but still practically impossible.
Bank of England wants less Libor-centric financial world
LONDON: Interest rates used to price financial contracts worth trillions of dollars globally should in future be based on actual market transactions and not banks’ judgments, Bank of England (BoE) governor Mark Carney said in minutes of a meeting released on Monday.
Europe tries to sidestep the US finance system
The standoff between the Trump administration and Iran is escalating, and Europe is caught in the middle.
China to insist US lift Huawei ban as part of trade deal
Xi to present Trump with terms for settling fight, including asking the U.S. to lift all punitive tariffs
Germany to boost electric-car incentives
BERLIN: Chancellor Angela Merkel’s government and Germany’s carmakers agreed to increase cash incentives for electric cars as they attempt to accelerate the transition away from the combustion engine and reduce harmful emissions.
Looking at innovative ways to bring tourists back
PETALING JAYA: Local tourism agencies will be looking at new, innovative methods to build and boost the local tourism industry, which has been severely affected by the Covid-19 pandemic.
London and Paris have lots in common really
THE British and the French form “un couple infernal.” The two nations coexist in close geographical proximity and are bound together by a long history of affection and aversion.
