It’s time to learn about a unique type of bonds — so-called "cat bonds". But these are not “pussycat” bonds for the benefit of cats. This time the cat is not some kind of tabby — it is an abbreviation for catastrophe. Recently, disaster protection bonds have also started to cover pandemic...
Economists in Ukraine warn that a “financial pyramid” based on government bonds posing a threat to the economy stands behind the positive macroeconomic indicators. Its adverse effects can already be felt.
After the spread of coronavirus caused a sudden drop in demand for oil, major oil countries, led by Saudi Arabia, came up with a plan to prevent further fall in prices. However, those plans were hindered by Russia whose economy has since then took a beating, but the leadership remains optimistic.
In the Global Financial Stability Report the IMF examines the evolution of financial markets since the recent financial crisis and points to the buildup of downside risks in various segments of the financial market.
The Warsaw Stock Exchange (WSE) has announced the launch of a private market based on a blockchain. It has a chance to be in the avant-garde of the blockchain revolution as most of the capital markets have taken a rather cautious approach to this technology.
The decision of the FTSE Russell agency to reclassify Poland as a developed market strengthens the Warsaw Stock Exchange, although this does not mean that it will be beneficial for the individual companies.
The US Department of the Treasury, pressured by the U.S. Congress, imposed a new round of sanctions against seven Russian oligarchs, 12 companies under their control, and 17 high-ranking government officials.