It’s Climate Week in New York City and the financial capital is responding to more ESG backlash. While the acronym ESG stands for “environmental, social, and governance,” what it means depends on who you ask.

Jason Schenker, President at Prestige Economics, discusses his outlook for Fed policy and the dollar. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Australia".

When the COVID-19 pandemic triggered a “risk-off” flight of capital in the spring of 2020, private investors and financial institutions turned to US Treasury bonds as the alternative “safe asset.” The retreat from financial markets was soon reversed, in part because of the Federal Reserve’s formidable response to the threat of a global financial collapse. Fifty years after President Richard Nixon cut the link between gold and the dollar reserves held by foreign central banks, the US dollar continues to play a predominant role in the global financial system, with enormous spillover effects for US monetary policy.

China’s dramatic growth and its implications for the world economy have fueled new books at a pace commensurate with the subject

A recent wave includes an important book by Fred Bergsten, founder of the Peterson Institute for International Economics and an established Washington elder on global economics

Tunisia’s democratic unwind the past year as President Saied first took full temporary power and dissolved parliament, and then enshrined executive omnipotence through a rushed constitutional referendum turned the regional investor spotlight again on the Arab Spring epicenter over a decade ago.

The global securities lending market is undergoing a profound transformation from an existing model to a more sustainable and transparent approach, governed by appropriate checks and balances. This transformation is being driven by the unlocked potential of the whole securities lending value chain, voluntary self-regulation (principles), regulation, and active supervision.