World's Oldest Central Bank Seeking $7 Billion Bailout After Massive Bond Losses
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
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Sweden Wants Riksbank to Identify Climate Threats, Expand Focus
Sweden Wants Riksbank to Identify Climate Threats, Expand Focus May 30 2021, 11:00 PM May 28 2021, 1:19 PM May 30 2021, 11:00 PM (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The Swedish central bank will by law have to identify threats against sustainable development and consider issues such as employment when it conducts policy, according to a government proposal. Climate change could become...
Source: bloombergquint.com
Central Banking's Green Limits Spark Legal Debate in Sweden
Central Banking’s Green Limits Spark Legal Debate in Sweden Bloomberg 3 hrs ago Niclas Rolander and Rafaela Lindeberg (Bloomberg) -- How should a central bank respond to global warming? In Sweden, a body created to monitor government efforts to fight climate change says the law that guides monetary policy needs a serious overhaul. Cecilia Hermansson, the vice chair of the Swedish Climate Policy Council, is advising the government to include environmental considerations in the Riksbank Act, which is currently under review. She also says an existing proposal to amend the law...
Source: msn.com