General Interest

Higher shipping costs may lift Asia’s low inflation

Higher shipping costs may lift Asia’s low inflation

Inflation is rising in a number of advanced and emerging economies. Relative to other regions, Asia has managed to keep levels relatively low. However, the persistent impact of high shipping costs could change this. New analysis shows how increases in shipping rates have a persistent impact on consumer prices. As …

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How could the Big Bang arise from nothing?

How could the Big Bang arise from nothing

READER QUESTION: My understanding is that nothing comes from nothing. For something to exist, there must be material or a component available, and for them to be available, there must be something else available. Now my question: Where did the material come from that created the Big Bang, and what …

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IMF experts explain the urgent need for comprehensive global laws around cryptocurrencies

IMF experts explain the urgent need for comprehensive global laws around cryptocurrencies

Crypto assets could impact the international monetary and financial system in profound ways, argue three IMF experts. The IMF experts identify an urgent need for cross-border collaboration and cooperation to address the technological, legal, regulatory, and supervisory challenges. It’s important The Financial Stability Board, in its coordinating role, helps to …

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