African markets

Ninety years of blaming sterling turmoil on the malice of foreigners, African markets are building resilience in a challenging environment, and more

Ninety years of blaming sterling turmoil on the malevolence of foreigners By Meghnad Desai and David Marsh

British Prime Minister Liz Truss and her allies say the turmoil in the government securities market and the resulting increases in mortgage costs are the fault of Russian President Vladimir Putin and the Federal Reserve. Rather than blaming themselves, British governments over the decades have instinctively looked to “outsider malice” to explain financial turmoil.

MEETINGS
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In Conversation with the UK Commissioner on Digital Assets
Tuesday, October 18, RoundtableDigital asset regulation in the UK is in its infancy. This roundtable, organized by the Digital Monetary Institute and the UK Law Commission, explores the potential directions in which the UK legal system could go.
ON DEMAND
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What future for the Italian economy?
Former Italian diplomat Antonio Armellini and Silvia Dall’Angelo, senior economist at Federated Hermes, speak with OMFIF economist Taylor Pearce about the economic consequences of the September 25 general election in Italy.
LAST REPORT
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The Bulletin, Fall 2022
This edition of the Bulletin explores issues of protectionism and globalization, tracing geopolitical conflicts across Europe, the United States, Asia and Latin America. Contributors analyze the implications of these questions for the economy