For Raghuram Rajan, former chief economist of the International Monetary Fund and professor at the Chicago School, central banks have limited flexibility. Paul Volcker, the former President of the Federal Reserve (1979-1987), chose the site because he loved fly fishing.…Continue Reading
The absence of inflation, despite the quantitative easing policy pursued by the central banks, clearly shows that economists must abandon classical monetarism, argues economist Gilbert Blardone in a forum at the "World". In the United States, an unorthodox "modern monetary…Continue Reading
Alan Turing, a Second World War code decryptor castrated for homosexuality, is the face of Britain’s £50 note.
Alan Turing, a visionary mathematician and crack decryptor convicted under Victorian homophobic laws, will be the face of Britain's new £50 bill. Bank of England Governor Mark Carney announced on Monday that Turing, who committed suicide in 1954 after undergoing…Continue Reading
MANILA, Philippines - The Department of Information and Communications Technology (DICT) is accelerating the deployment of free and faster WiFi access to public hospitals as part of its programme to provide free Internet access throughout the country. Gregorio Honasan inaugurated…Continue Reading
Economist Benoît Coeuré, member of the ECB's Executive Board, was the exceptional guest of 12:00, Hour H, on BFM Business. This is an opportunity to review European monetary policy and the risks facing the euro zone. It was one of…Continue Reading