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Rate Hikes: Debt and Currency Crises?
The Fed had already taken the path to increase interest rates after a huge expansionary monetary policy to fight covid-related impacts on economic growth. One can’t underestimate the importance of such a decision in affecting global cash flows and debt flexibility of emerging countries, especially those with dollar-dominated debts, and global recovery from covid. Besides, ongoing talks signal a more aggressive tightening policy for the Fed, with an estimated increase of interest rates to 2.2% at the beginning of the following year.
“Putin” you out of Business: The economic impact of the Ukrainian conflict
By Michel Lamah | Staff Writer
Ukraine’s conflict is a threat to the global economy, limiting growth by increasing inflation, causing millions of Ukrainians to seek refuge, and driving up food and oil prices.
The Fall of the Lebanese Lira
By Lynn Khaddaj | Staff Writer
The Lebanese Lira went through countless fluctuations throughout history.
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