Economy
Is the Bank of Japan Holstering Its Bazooka?
Takatoshi Ito
TOKYO – On December 20, the Bank of Japan decided to raise its ceiling on ten-year government bond yields from 0.25% to 0.5%. Within minutes...
China Calls for Oil Trade in Yuan at Middle East Summit
RIYADH -- President Xi Jinping told Gulf Arab leaders on Friday that China would work to buy oil and gas in yuan, a move...
The Double Transformation of Advanced Economies
Diane Coyle
CAMBRIDGE – The world’s advanced economies are in the midst of dual structural transformations that will change every aspect of our lives, from...
Trade Unions Seek Hike in Budget Allocation for MGNREGA, Higher Tax on Corporates
NEW DELHI - Trade unions have urged Finance Minister Nirmala Sitharaman to take measures in the forthcoming Union budget so that the economy can be...
A Liz Truss Moment for Japan?
Takatoshi Ito
TOKYO – Former British Prime Minister Liz Truss’s disastrous mini-budget, which crashed the pound and ended her tenure after just 44 days, has...