Posts in category

Liquidity crisis


Mervyn King, former Governor of the Bank of England, used to say that good monetary policy is boring. Indeed, during 16 months of help in the fight against Covid-19, central banks around the world have lived through a torrid period. Central banks in advanced and emerging market economies have learned important lessons. Countries like Poland, …

Real estate developers have asked the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) to grant them an additional 12 months to complete projects and comply with various RERA orders following the second wave of Covid-19 cases. The developers raised their grievances and made various demands during a webinar meeting on Friday, chaired by the …

For immediate release Chicago, IL – July 2, 2021 – Zacks.com announces the list of stocks featured on the Analysts Blog. Every day, Zacks Equity Research analysts discuss the latest news and events impacting stocks and financial markets. Stocks recently featured in the blog include: DHT Holdings, Inc. DHT, FedEx Corporation FDX, Expeditors International of …

The federal government may have spent around N1 trillion to subsidize 102 million liters of Premium Motor Spirit (PMS) in a matter of months, as current challenges are pushing downstream operators of the country’s oil industry to a liquidity crisis. While Nigeria already subsidizes almost all of the volume of PMS commonly referred to as …

Marco Bottone, Cristina Conflitti, Marianna Riggi, Alex Tagliabracci June 30, 2021 The shock of Covid-19 is unprecedented in terms of its origin and impact. Seen from a macroeconomic perspective, the spread of the epidemic and the measures adopted to counter it have led to an unusual and simultaneous sharp drop in supply and demand. Researchers …

NEW DELHI: Franklin Templeton Asset Management (India) said on Monday that the Securities Appellate Tribunal (SAT) suspended Sebi’s order, under which the regulator banned the asset management company from launching any new programs of debt for two years. In addition, the regulator had asked Franklin Templeton to reimburse investment management and advisory fees up to …

While a presentation yesterday by Boston Federal Reserve Chairman Eric Rosengren scared some members of cryptoTwitter about regulation and supervision, the central bank might just be thinking about the future. In a presentation titled “Financial Stability,” Rosengren identified Tether stablecoin by name as part of three different “Financial Stability Challenges”. The challenges included risks to …

Brian Moynihan, CEO of Bank of America since 2010 Photographic illustration by Hayley Warnham; Reference: Simon Dawson / Bloomberg Text size Brian Moynihan rarely mentions growth without attaching a word like “responsible” or “sustainable,” usually followed by a mention of risk management. Appointed CEO of Bank of America in the aftermath of the global financial …

Dive brief: The Biden administration’s proposed global minimum corporate tax and millionaire tax hikes should be supported, Ruth Porat, chief financial officer of Google’s parent company, Alphabet, said during the Washington Post “Women in Tech” Conference Wednesday. “We have to do our part,” said Porat, whose salary in 2020 was just under $ 51 million. …

FICCI urges government to support travel, tourism and hospitality industry in resolving urgent liquidity crisis New Delhi, June 23 (KNN) The Federation of Indian Chambers of Commerce and Industry (FICCI) on Wednesday urged the government to support the travel, tourism and hospitality industry in resolving the urgent cash crunch. The industry body said the effect …