THE BOTTOM LINE

IN the postwar period, the global economic and financial architecture was dominated by the advanced economies in the West. They designed the international monetary system, international...

COMMENTARY

THE 2008 financial crisis and subsequent recession left the Global North 10 per cent poorer than it otherwise would have been, based on 2005 forecasts. For those hoping to understand this episode...

COMMENTARY

US policymakers and world financial markets are surprisingly calm about the deepening Italian economic crisis. Italy's economy is 10 times larger than Greece's. If it fails, the euro...

[HONG KONG] In October 2008, Shanghai, regarded as China's most cosmopolitan city, was shuddering from the aftershocks of a Wall Street earthquake. Lehman Brothers had collapsed a few weeks prior...

THE BOTTOM LINE

ALL during the 2008-09 financial crisis, Americans were told that the government was saving Wall Street not to protect overpaid bankers but to help Main Street avoid a second Great Depression. It...

[BERLIN] Governments cannot completely prevent a repeat of events like the 2008 global financial crisis even though regulations have been tightened since the collapse of Lehman Brothers a decade...

[WASHINGTON] Former Federal Reserve Chairman Ben Bernanke acknowledged that policy makers made two critical errors fighting the financial crisis a decade ago: They failed to see it coming with...

[PARIS] Too much debt has made the world's financial system as vulnerable as it was 10 years ago, Europe's top central banker during the 2008 global meltdown has warned as he looks back...

[SYDNEY] Turkey's lira extended its precipitous slide on Monday after the nation's president showed no signs of backing down in a standoff with the US....

IN the maze of subsidiaries that make up Goldman Sachs Group, two in London have nearly identical names: Goldman Sachs International and Goldman Sachs International Bank.