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There’s an $80 billion hole in India’s climate pledge

Commentary / World Nov 10, 2021

There’s an $80 billion hole in India’s climate pledge

As long as free electricity for pumping groundwater remains a popular ploy to garner farmers’ votes, politicians won’t want to lose control of the power sector.

Hong Kong's unique history with currency may prove valuable for crypto

Business / Economy Nov 4, 2021

Hong Kong's unique history with currency may prove valuable for crypto

The city’s monetary authority is currently studying the feasibility of retail digital cash, and one of the design options laid out in a technical white paper looks promising.

This Bitcoin chaos will blow up your cyberpunk utopia

Commentary / World May 25, 2021

This Bitcoin chaos will blow up your cyberpunk utopia

The mania and panic that have gripped decentralized cryptocurrencies are heightening the attraction of their coming rivals: digital cash, issued by central banks.

Unseen digital cash will stretch your money

Commentary / World May 13, 2021

Unseen digital cash will stretch your money

These invisible blockchain tokens could still turbocharge our everyday money: by making it move faster and stretching its worth.

Let’s cut capitalism some slack

Commentary / World Apr 1, 2021

Let’s cut capitalism some slack

Rapid digitization, especially in emerging markets, will compensate for decompression.

The future of money is digital, but is it Bitcoin?

Commentary / World Mar 17, 2021

The future of money is digital, but is it Bitcoin?

The Bank of Japan has no immediate plans, but it acknowledges the possibility "of a surge in public demand” for official digital cash going forward.

Who's on the hook if vaccines go wrong?

Commentary / World Jan 7, 2021

Who's on the hook if vaccines go wrong?

Policy makers in developing nations may not have a choice but to take what they can get — cheaply and quickly. But in so doing, they might just be storing up legal troubles for later.

Why emerging markets are wary of a modern monetary fix

Commentary / World Nov 2, 2020

Why emerging markets are wary of a modern monetary fix

For countries that pass the threshold conditions, MMT says the only real constraint on government spending is inflation.

To retire rich, don’t leave too much to your kids

Commentary / World Oct 28, 2020

To retire rich, don’t leave too much to your kids

Don’t be surprised if those retiring in 2035 need an extra five years or more of future income because of longevity alone.

Tobacco nationalism is more toxic than tobacco

Commentary / World Oct 25, 2020

Tobacco nationalism is more toxic than tobacco

The Indian government, too, has a toxic dependence on tobacco. It’s called ITC Ltd.

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