Where is the crunch crunching?
LAST week, I disagreed with Alex Tabarrok's assessment that conditions in credit markets were not dire. Others did as well, and for a couple of days now Mr Tabarrok and his blogmate Tyler Cowen have...
View ArticleEl Jefe
Issue: Terror in India Fly Title: Rubric: Location: Main image: Bloomberg Bloomberg As accolades rain down on the Bank of Spain for its deft touch in the run-up to the credit crisis, Jaime...
View ArticleGlobal OTC derivatives
Issue: Terror in India Fly Title: Rubric: Location: Main image: CIN508.gif The notional amounts of over-the-counter derivatives continued to expand in the first half of 2008, according to data...
View ArticleSaving the world
THE WORLD'S great and good (and bad and ugly) will meet in London on April 2 to discuss the economic crisis and the financial system. This will be a meeting of the G20 as the G7 is considered...
View ArticleGlobal OTC derivatives
Issue: Good news from India Fly Title: Rubric: Location: Main image: CIN487.gif The notional amount of over-the-counter (OTC) derivatives stood at $592 trillion at the end of December last year,...
View ArticleIberian banks: Falling stars
Issue: Deep trouble Fly Title: Iberian banks Rubric: Just when you thought it was safe to be a bank again… Location: Main image: 201019fnd001.jpg BANKS in France, Italy and Spain performed better...
View ArticleGlobal OTC derivatives
Issue: Britain's accidental revolution Fly Title: Rubric: Location: Main image: 201020inc477.gif The notional amount of outstanding over-the-counter (OTC) derivatives stood at $615 trillion in...
View ArticleEconomics focus: Easy-money riders
Issue: Shifting sands Fly Title: Economics focus Rubric: An early warning about the dangers of keeping interest rates low Location: Main image: 201029fnd000.jpg IS TOO much being asked of central...
View ArticleGlobal foreign-exchange market
Issue: The web's new walls Fly Title: Rubric: Location: Main image: 201036inc205.gif According to the latest survey of foreign-exchange markets from the Bank for International Settlements (BIS),...
View ArticleFinancial reform: Meet Basel III
AFTER a few additional tweaks, the compromise proposal for new international reserve ratio standards has been agreed upon and made public. The Bank for International Settlements has provided a helpful...
View ArticleEuropean banks: The last idealists
Issue: Three-way split Fly Title: European banks Rubric: Europe’s banks are built for a single currency zone. What happens if parts of it default or leave? Location: Main image:...
View ArticleEconomics focus: The great unknown
Issue: America's blame game Fly Title: Economics focus Rubric: Can policymakers fill the gaps in their knowledge about the financial system? Location: Main image: 20110115_fnd000_0.jpg IN THE...
View ArticleDerivatives trade: Global OTC derivatives
THE notional amount of outstanding over-the-counter (OTC) derivatives stood at $601 trillion in December 2010, up from $583 trillion six months earlier, according to the Bank for International...
View ArticleExchange-traded funds: Too much of a good thing
Issue: If Greece goes... Fly Title: Exchange-traded funds Rubric: The risks created by complicating a simple idea Location: Main image: 20110625_bbd001.jpg ANY industry would be proud of an...
View ArticleGlobal growth: A BIS report falls in the forest
IT IS becoming an annual ritual. The Bank for International Settlements’ annual report is a clarion call for economic orthodoxy. The central bankers’ bank urges its rich-world members to tighten...
View ArticleCommercial-property prices
Issue: The end of the Space Age Fly Title: Rubric: Location: Main image: 20110702_INC125.gif Soaring property prices played such an important role in the financial crisis—fuelling ever more...
View ArticleDebt and the economy: The 85% rule, or don't start from here
CARMEN Reinhart and Kenneth Rogoff followed up their This Time is Different book with a paper last year suggesting that the growth record of countries deteriorated once public debt passed 90% of GDP....
View ArticleEconomics: The weekly papers
THIS week's interesting economics research:• Oil prices, exhaustible resources, and economic growth (James Hamilton)• General education, vocational education,and labor-market outcomes over the life...
View ArticleMonetary policy: Today in central banking
THE Bank for International Settlements, often called the central banker's central bank, is a bastion of conservatism and policy orthodoxy. Unsurprisingly, the BIS is not particularly comfortable with...
View ArticleArgentina’s debt default: Gauchos and gadflies
UK Only Article: standard article Issue: Rage against the machine Fly Title: Argentina’s debt default Rubric: Creditors’ decade-long battle with Argentina shows just how tangled sovereign defaults...
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