Home / Economy (page 13)

Economy

Salameh: the Lebanese pound is stable

SALAMEH

Lebanon’s Central Bank has the foreign-currency reserves it needs to keep the pound stable against the U.S. dollar at its pegged rate for the foreseeable future, the Central Bank governor said . Riad Salameh also told Reuters in an interview that since June the Central Bank has been engaged in ...

Read More »

Climate change is a threat to rich and poor alike

الأمم المتحدة

From Miami and Puerto Rico to Barbuda and Havana, the devastation of this year’s hurricane season across Latin America and the Caribbean serves as a reminder that the impacts of climate change know no borders. In recent weeks, Category 5 hurricanes have brought normal life to a standstill for millions ...

Read More »

The Nobel in economics rewards a pioneer of “nudges”

20171014_BLP501

  Richard Thaler becomes one of very few behavioural economists to receive the discipline’s highest honour   NOT long ago, the starting assumption of any economic theory was that humans are rational actors who maximise their utility. Economists summarily dismissed anyone insisting otherwise. But over the past few decades, behavioural ...

Read More »