September 7, 2021/IMFBlog By Gita Bhatt In Ernest Hemingway’s novel The Sun Also Rises, a character is asked how he went bankrupt. “Two ways,” he answers. “Gradually, then suddenly.” It’s the same with climate change. The damage is becoming less and less gradual, and unless we take action, the world could […]

September 7, 2021/OilPrice.com Chart of the Week – Europe is struggling to contain a double whammy of high natural gas and electricity prices, just as it had been bouncing back from a prolonged slump, Bloomberg reports.  – The gas replenishment rate in Europe’s gas storage sites has continued to slow […]

September 7, 2021/Coronation Research At the end of the second quarter of the year we wrote about how Nigerian banks were moving lending rates in order to accommodate rising market interest rates (see Coronation Research: Nigerian Banks, Resilience Built In, 25 June). Since then market interest rates, and interbank lending […]