News
Kenya: Economic Turmoil Awaits New Central Bank Governor
The new Central Bank of Kenya governorKamau Thugge brings with him a stellar résumé of previous experience in government and 25 years at the IMF.
Economics, Policy & Regulation
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Economics, Policy & Regulation
US Talent Turns Away From Accounting Profession
Fewer American students are choosing to become CPAs at a time when older accountants are increasingly leaving the field.
Economics, Policy & Regulation
China Proposes Security Assessment For AI Tools
According to China's newproposed regulations, companies providing generative AI services must prevent false information and content that is discriminatory or harmful to intellectual property or personal privacy rights.
Economics, Policy & Regulation
Finland: Orpos Uphill Path To A New Government
Finland’s conservative National Coalition Party came first in elections but fell short of the majority needed to form a government on their own.
Economics, Policy & Regulation
Germany: Last Nuclear Plant Shut Down
Germany's closure of its last nuclear power facilities amid potential energy shortages and rising prices due to the end of gas and oil imports from Russia.
Economics, Policy & Regulation
France: Macron Pushes Through Pension Overhaul
The 2023 Social Security Financing Adjustment Law raises the retirement age from 62 to 64, with a requirement that the retiree has worked at least 43 years; otherwise, workers must wait until they turn 67.
Economics, Policy & Regulation
Mexico Steps Up As Largest US Trading Partner
Mexico surges ahead of China as America's top trading partner in part due to geopolitical tensions and Covid-related disruptions.
Economics, Policy & Regulation
Singapore: Long-Serving Central Bank Chief Steps Down
Veteran central banker Ravi Menon is set to step down as managing director of the Monetary Authority of Singapore.
Economics, Policy & Regulation
Companies Face Tougher Standards
Silicon Valley Bank and other recently collapsed banks all received clean bills of health from outside auditors raising the question of whether accounting standards themselves need to be reformed.
Economics, Policy & Regulation
Indian Companies Work Around Swift Ban Targeting Russia
Indian companies continue to do business with Russian banks using non-dollar currencies and channels outside of the Western financial system.
Economics, Policy & Regulation
Swiss National Bank Chair Reassures Markets
Swiss National Bank chair orchestratedthe swift takeover of Credit Suisse by competitor UBS but not without ruffling some feathers.
Economics, Policy & Regulation
Biden Flip-Flops On Climate With Willow Project Approval
The Biden administrationpleased progressives by cancelling drilling projects on federal territory shortly after taking officebut recently approvedConoco Phillips’s $8 billion Willow Project in Alaska.