July 28, 2023/US SEC Thank you, Secretary Yellen. Thank you to all of my colleagues—not only at this table but around the globe—for their hard work putting an end to the London Interbank Offered Rate (LIBOR) LIBOR was an innovation of the 1970s to facilitate businesses borrowing from banks at […]

July 27, 2023/ECB Inflation continues to decline but is still expected to remain too high for too long. The Governing Council is determined to ensure that inflation returns to its 2% medium-term target in a timely manner. It therefore today decided to raise the three key ECB interest rates by […]

July 27, 2023/Edelman COP28 President-designate Sultan Al Jaber and United Nations Framework Convention on Climate Change (UNFCCC) executive secretary Simon Stiell on Thursday called upon G20 nations to take a greater leadership role in climate change mitigation and adaptation. With only 125 days to go, the leaders issued a joint […]