Britain’s International Trade Secretary Liz Truss is seen outside Downing

Fed increases frequency of swap line operations with other major central banks

WASHINGTON (Reuters) – The U.S. Federal Reserve said on Friday that it would enhance the U.S. dollar liquidity swap line arrangements it has with several major central banks. The Fed said that it would increase the frequency of 7-day maturity operations from weekly to daily, starting on March 23, as part of its swap line […]

Opinion | Yes, America, There Is (Some) Hope for the Environment

NASHVILLE — I’ve been keeping a collection of links to good news about the environment as a hedge against despair when so much of the news from nature is devastating. Rolling pandemics. The near annihilation of birds and insects. Even the end of sharks. In short, a “ghastly future of mass extinction, declining health and […]

Wall Street bankers splashing record bonuses on supercars ‘like they’re jelly’

The cost of living crisis might be hitting Brits’ pockets hard but New York bankers are living the high life. It’s bonus season and the Wolves of Wall Street are splashing the cash on cars, jewellery and gourmet meals. Wall Street is handing out some of the biggest bonuses seen since 2009. Goldman Sachs CEO […]