Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...
The Green Party is issuing a cautionary statement regarding a proposal ostensibly to finance a just and sustainable transition. Three authors have proposed a financing scheme for a Green International ...
Representatives of Banque de France, the French central bank, have embraced the global perspective on the central bank digital currency (CBDC) discussion, touting it as the foundation of a new ...
Earlier this month, I had the privilege of participating in the conversations held in the various lounges and side events connected to the annual meeting of the World Economic Forum in Davos, ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Universal Monetary Unit (UMU), symbolized as ANSI Character, Ü, is ...
While the global usage of currencies other than the U.S. dollar and the euro for cross-border payments remains limited, rapid technological (e.g. digital money) or geopolitical changes could ...
Those are some of the topic areas of this year’s NBER International Seminar in Macroeconomics, which took place in Split, Croatia. Central Banker to the World: Foreign Reserve Management and U.S.
IMF says political compromises and weak prosecutions are undermining Pakistan’s fight against high-level corruption.
WASHINGTON (Reuters) - The International Monetary Fund managing director Kristalina Georgieva proposed on Thursday that Dan Katz, U.S. Treasury Secretary Scott Bessent's chief of staff and point ...