Tue, 21-Oct-2025

Germany risks recession as Russian gas crisis deepens

Industry group warns that if Russian gas supplies totally stop, Germany will enter recession. Sweden joins a growing list of European countries implementing emergency plans to deal with energy supply problem. Nord Stream 1 pipeline under the Baltic is only operating at 40% capacity, according to Moscow. An industry group warned on Tuesday that if … Read more

Asset purchases carry risks

purchases

Over the past couple of decades, central banks in emerging markets have made substantial progress in developing the credibility to conduct countercyclical monetary policy. During the Covid crisis, many of these central banks not only cut interest rates sharply, but also deployed a range of tools to help restore market functioning, including asset purchases. And, … Read more