In the mid-1980s, only seven countries had fiscal rules. In 2015, when the International Monetary Fund last counted, 96 did. Most had provisions limiting public debt, budget deficits, or both, and some had additional rules on public expenditures.
It’s not a great year to go to the polls. Argentina’s ruling Peronists face crunch mid-term elections in October, and pollsters say how they handle a still-raging pandemic and its fallout will be key to limiting the electoral damage.
Amid a global race by central banks to master the concept of digital currencies — a disruptive technology once they looked down with regulatory scepticism — the People’s Bank of China looks set to be the first to issue a digital version of its currency, the yuan.
A multispeed economic recovery is underway, reflecting the significant cross-country variations in containing the coronavirus and acquiring and administering vaccines. But notwithstanding these differences in timing, there will soon be a cascading sequence of rapid recoveries around the world.
Antonio Conte has justified his salary as the highest paid coach in Serie A by toppling his former club Juventus to end Inter Milan’s decade-long title drought after two seasons at the helm.
The Gas Exporting Countries Forum (GECF, Forum) welcomes the announcement of the Net-Zero Producers Forum (NZPF), which formalised climate commitments of Canada, Norway, Qatar, Saudi Arabia, and the United States.
Eco-friendly mobility is the need of the era, but safety is paramount as well. Of late, e-scooters have become immensely popular in Qatar, especially in the capital Doha.
China is a global leader in pushing for – and practising – a sustainable ecological order. In a detailed interview, Ambassador Zhou Jian addresses related issues and underpins his country’s role as a participant, contributor and leading partner.