Confiscating Russian state assets frozen by the United States and Europe could breach international law and set a dangerous precedent, experts say.
Tag: Banking and Financial Institutions
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Lebanese Depositors Have Resorted to Force to Withdraw Their Savings
Amid severe limits on withdrawals and a yearslong financial crisis, Lebanese depositors are resorting to force to demand their own money, earning the moniker “the world’s most honorable bank robbers.”
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Soft Landing Optimism Is Everywhere. That’s Happened Before.
People are often sure that the economy is going to settle down gently right before it plunges into recession, a reason for caution and humility.
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E.C.B. Raises Rates Again, Citing ‘Too High’ Inflation
The bank said some price pressures were easing, but that “underlying inflation remains high overall,” as it raised rates a quarter percentage point.
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The Fed’s Difficult Choice
The Federal Reserve has raised interest rates again. When should it stop?