S. Korea's high court overturns guilty verdict of man in ‘wrongly-sent’ bitcoins case
Jun 21, 2022 23:27 pm UTC| Law Digital Currency Economy Business
The South Korean Supreme Court overturned the guilty verdict against a 32-year-old man in a breach of trust charge for keeping bitcoins inadvertently sent to him due to misinterpretations of the principles of law. The...
Is a major recession unavoidable? Three economists give their views
Jun 21, 2022 22:54 pm UTC| Economy
We are in a double bind right now. Prices are going through the roof but all the signs suggest that the economy is weakening. The answer to higher prices is normally to raise interest rates, but this also induces people...
The latest Bank of England rate rise won't do much to tackle inflation - here's what could work
Jun 21, 2022 22:54 pm UTC| Economy Central Banks
There wasnt much dramatic tension as markets waited for the Bank of Englands latest decision on interest rates. The fifth monthly quarter-point hike in a row was largely expected, taking the base rate to 1.25% in June...
What's driving the surge in South Africa's fuel price
Jun 21, 2022 22:52 pm UTC| Economy
Increases in the domestic price of fuel are big news in South Africa, with the price of petrol, diesel and paraffin reaching new highs. The underlying reason for the price increases is movements in the international price...
In an energy crisis, every watt counts. So yes, turning off your dishwasher can make a difference
Jun 21, 2022 22:34 pm UTC| Economy
Australias east coast energy market has been on a rocky road for the past few weeks. It begs the question: how could the market change to avoid the next crisis? To date, discussion has largely focused on the need to...
Jun 21, 2022 22:28 pm UTC| Economy
A crisis, as the saying has it, combines danger and opportunity. The dangers of the current electricity crisis are obvious. The opportunity it presents is to end to the failed experiment of the national electricity...
Why including coal in a new ‘capacity mechanism’ will make Australia's energy crisis worse
Jun 21, 2022 21:42 pm UTC| Economy
Australias electricity generators would be paid extra money to be available even if they dont actually generate any energy, under a new mechanism proposed by the federal governments Energy Security Board...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight