Tags » Economist

Rise of the Digital Bank

Banks are becoming increasingly worried about competition from digital disruptors and non-traditional competitors, a new report found.

According to an SAP-sponsored report by The Economist Intelligence Unit (EIU), in EMEA, 65% of bankers view virtual banks as significant rivals, 61% worry about payments services, and 48% see retailers as future competitors. 226 more words


Danilo Dolci

THERE were few idealists in Italy after Mussolini. The nation and its church were ashamed of themselves. The few Communists with honourable war records were dragged into the mire of Stalinism. 202 more words


Expect at LEAST three rate hikes in 2016: Economist

Investors may need to brace for at least three rate hikes by the Fed next year, Renaissance Macro’s chief U.S. economist said Friday

“I think in 2016, we’re going to have the unemployment rate below 5 percent and headline inflation will be close to 2 ,” Neil Dutta told CNBC’s “Squawk on the Street.” “Underlying inflation dynamics are moving in a direction that’s going to pressure the Fed towards a more aggressive path than the markets are pricing in at the moment.” 407 more words


How is Development Economics Taught in Developing Countries?

David McKenzie (of World Bank) and Anna Luisa Paffhausen ( of University of Passau) have written an interesting paper on the topic. They summarise the findings… 1,141 more words

Economics - Macro, Micro Etc

Even a noted climate contrarian is now worried about global warming

In the academic world of climate change, Richard Tol has been labeled a “lukewarmer.” While he believes in man-made climate change, the economist is known for highlighting what he believes to be… 226 more words

Thomas Piketty calls for investors to divest from fossil fuels ahead of climate talks

The French economist, along with ‘ecological economist’ Tim Jackson, authors of the respective bestselling books Capital in the Twenty-First Century and Prosperity Without Growth: economics for a finite planet, said that investors should divest from a sector with a business model “at odds with physical realities”.

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