Content from Marc Jones
Marc Jones is a freelance writer based in London.
Debt, AI Boom and Financial Fragilities Raise Global Risks, BIS Says
Global pressures from rising public debt to financial fragilities and the sustainability of the AI boom are increasing risks, underscoring the need for disciplined policymaking, according to the Bank ...
Green Bond Issuance Dives Almost a Third Amid Global Climate Backtracking
The amount of "green" bonds sold by governments, banks, and companies has slumped by almost a third this year amid the rollback of climate change policies in the United States and Europe, new figures ...
Barbados Issues 1st Pandemic-Protected Bond, Which Also Covers Natural Disasters
Barbados has issued the world's first government bond with a clause allowing payments to be suspended in the event of another global pandemic — a move expected to attract interest from dozens of ...
Global Supply Chain Woes Worsen, With Major Ports Facing Long Delays
Global supply chain problems look set to worsen, a new report published on Tuesday said, as China's COVID-19 lockdowns, Russia's invasion of Ukraine and other strains cause even longer delays at ...
Climate Change Could Put 4% of Global GDP at Risk by 2050: S&P
Climate change could see 4 percent of global annual economic output lost by 2050 and hit many poorer parts of the world disproportionately hard, a new study of 135 countries has estimated. Ratings ...
Experts Warn About Entry of ‘Big Tech’ Firms into Financial Services
Central banks and financial regulators urgently need to get to grips with the growing influence of 'Big Tech', according to top officials from central bank umbrella group the Bank for International ...
Climate Change Financial ‘Stress Tests’ Need Better Data and Modeling: Global Oversight Body
Climate change financial 'stress tests' will need to be improved with better data and modeling, a new paper by a global oversight body has recommended, but potential losses at individual banks or ...
Global Warming Could Slash the Credit Ratings of 63 Countries: Study
A new algorithm-based study by a group of UK universities has predicted that 63 countries – roughly half the number rated by the likes of S&P Global, Moody's and Fitch - could see their credit ...