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Mark Carney and the Fed are singing the same tune. Photographer: Etienne Oliveau/Getty Images
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An emblem of the Central Bank of Yemen is seen on the bank’s gate in Sana’a August 24, 2016. REUTERS/Khaled Abdullah
Imminent Activation of Yemeni Outward Transfers via Domestic Banks
London- Yemeni commercial banks have been informed that outward transfers will be activated soon, but they are required to meet some simple conditions, the Central Bank’s Deputy Governor Khaled al-Abbadi said. “Most Yemeni banks are responding positively and showing...Caption:
The Major Blind Spots in Macroeconomics
There was an unusual degree of consensus among economists about what would happen if Britain voted for Brexit in the referendum on June 23 last year. The language used by the International Monetary Fund was typical: It expressed fears of an “abrupt reaction,” adding...Caption:
Governor of the Bank of England Mark Carney. Getty Images
More than $90 Billion British Fees for Leaving European Market
London- “Recent surveys of business activity, confidence and optimism suggest that the UK is likely to see little growth in GDP in the second half of this year,” the Bank of England said. The Bank of England released some of the findings of its August regional agents’...Caption:
Mark Carney has suggested that a Brexit could result in less economic growth Credit: Matt Dunham/AP Photo