Coronavirus is as economically contagious as it’s medically

Earlier this month, G7 finance ministers and central bank governors vowed to use “all appropriate policy tools” to contain the economic threat posed by the coronavirus. The question left unanswered is what is appropriate and what will work. The immediate response took…

Mobile Banking in Iraq: A thought started a decade ago

The business of banking has dramatically changed during the last ten years. The fast development of technology has affected the industry of banking around the globe. Banking has a pillar role in the development of the economic sector. The information technology…

Goodbye LIBOR, Hello SOFR!

LIBOR has been an endangered species for some time now. LIBOR, the rate that banks charge each other to borrow money, is slated to go by the wayside in 2021 and taking its place for USD will be something called the Secured overnight financing rate, or SOFR. Almost every part of the financial world is touched by LIBOR; it is plausibly the world's most important number.

A PM brought down by a font

You may have sent an Outlook email to the wrong person or accidentally opened an embarrassing PowerPoint during a meeting, but for Pakistan’s Prime Minister Nawaz Sharif, one of Microsoft’s products became a real problem. He has been forced to resign after he was disqualified from office by the country’s top court.

Game Theory in Climate Negotiations

The 2015 Paris agreement established a global target for lowering greenhouse-gas emissions — aimed at keeping the atmosphere from warming by 2 degrees Celsius. One hundred and ninety-four countries have signed the treaty, which means that they have agreed to continue the process of the treaty on climate change mitigation. Nearly all the world’s countries agreed to create a system to measure their progress, and to continually strengthen their efforts.