Page 2 - Peter Thal News Today

Breakingviews 1 Min Read LONDON (Reuters Breakingviews) - From self-funding tax cuts to runaway executive pay, economists have provided intellectual support for seriously flawed policies. Reuters journalist Tom Bergin, author of “Free Lunch Thinking” tells Peter Thal Larsen how dodgy theories helped mislead politicians and the public. Breakingviews Reuters Breakingviews is the worlds leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissec...

3 Min Read A security guard uses a thermal scanner in front of HSBCs logo, following the coronavirus disease (COVID-19) outbreak in Hong Kong, China August 4, 2020. LONDON (Reuters Breakingviews) - Banks will find deposits a growing liability in 2021. Turning short-term savings into long-term loans has been the bedrock of banking for centuries. Yet the pandemic threatens to strain that business model to its breaking point. The industry was already under pressure before Covid-19. Low interest r...

3 Min Read British Prime Minister Boris Johnson holds a news conference in Downing Street on the outcome of the Brexit negotiations, in London, Britain December 24, 2020. Paul Grover/Pool via REUTERS LONDON (Reuters Breakingviews) - Boris Johnson’s “oven-ready” Brexit is almost cooked in time for Christmas. A year after the British prime minister won a landslide by promising to complete the country’s departure from the European Union – and just seven days before the end of the transit...