Amid the prolonged and painful pandemic, risks to global financial stability have remained contained—so far. But with economic optimism fading, and with financial vulnerabilities intensifying, this is a time for careful policy calibration. To an unprecedented degree, the world’s central banks, finance ministries, and international financial institutions have asserted—for a year and a half—policy support for [...]
Uncertainty
BHP CEO Mackenzie says Brexit would lead to lost decade of damaging uncertainty
BHP Billiton Chief Executive Andrew Mackenzie said on Monday that businesses could face a decade of damaging uncertainty if Britain voted to leave the European Union in a June 23 referendum. Mackenzie, boss of the world’s biggest mining company, said a vote for Brexit would inflict a serious blow on the EU and that Britain [...]
April 18, 2016
Business
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Study: Uncertainty causes more stress than inevitable pain
LONDON, March 29 (UPI) — Ignorance may be bliss for some, but a recent study in England found people who were most unsure whether they would receive an electric shock were more stressed about it than those who knew they would be shocked. Researchers at University College London report uncertainty that something might happen, or [...]
Recent Posts
While 2020 has given many people a taste of a different and somewhat harsh reality, that time will soon meet its end. There’s truly no better time to start thinking about turning a new leaf, [...]
