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Egypt central bank seen hiking rates at Thursday’s MPC meeting, Reuters
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Participants of the G7 finance ministers and central bankers meeting pose for a family picture, ahead of the kickoff of the meeting at Aoba Castle in Sendai, Miyagi prefecture, Japan, in this photo taken by Kyodo May 19, 2016. Mandatory credit Kyodo/via REUTERS
Will Japan Continue to be a Laboratory of Economic Innovation?
For the past 70 years, Japan has been a crucible of experimentation in economic policy. During its go-go years, Tokyo’s unusual practices to spur rapid growth became a model for much of the rest of Asia, while its unconventional attempts to revive its post-bubble...Caption:
Pedestrians walk on a street in front of the Bank of Japan headquarters in Tokyo, Japan, July 15, 2015. REUTERS/Yuya Shino
Helicopter Money: Why Some Economists Are Talking About Dropping Money from the Sky
For years, central banks have been doing everything they can think of to try to get higher inflation and stronger growth. The next step just may be a metaphorical helicopter, high above Tokyo. The Bank of Japan met Friday to decide on the next steps in its long battle...Caption:
A man walks past the headquarters of Saudi Basic Industries Corp (SABIC) in Riyadh October 27, 2013. REUTERS/Faisal Al Nasser
Saudi Iron Ore Industrialists Consider Lower Rates
Jeddah- In light of increasing demand on iron ore, Saudi Arabia’s factories are in the process of reconsidering rates as market competitiveness grows, setting up local products versus imports. Workers at the iron ore industry told Asharq Al-Awsat newspaper that...Caption:
G20 Finance Ministers and Central Bank Governors pose for a
group photo during a conference held in Chengdu in Southwestern
China’s Sichuan province/ Reuters