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Steve Schifferes

Steve Schifferes

Honorary Research Fellow, City, University of London
Professor Schifferes was Marjorie Deane Professor of Financial Journalism and the first Director of the Financial Journalism MA at City from 2009-2017, and is currently an Honorary Research Fellow at CityPERC. https://www.city.ac.uk/about/schools/arts-social-sciences/international-politics/research/cityperc

He has a wide-ranging background in business and finance journalism, both for television and online.

Professor Schifferes reported on economics for the BBC News website, coordinating coverage of the global financial crisis, the Enron scandal, and the launch of the euro. He reported from Washington during the Obama election, the sub-prime crisis and the Iraq war; from Bangalore, Shanghai and Detroit on globalisation and its discontents; and from Bangkok, Hong Kong, Doha, Prague, Geneva and Lusaka on the world trade talks and IMF meetings and protests. He also covered economic policy in the UK, including general elections and Budget announcements.

Previously he was a current affairs television producer working for On the Record , the Money Programme (BBC) and Weekend World (LWT) , as well as a network documentary film maker examining poverty, wealth and crime in the UK for the ITV network.

Professor Schifferes has lectured around the world on the role of the media in the financial crisis, including at Tsinghua and Fudan Universities (China); Mumbai University (India); Columbia and North Carolina (USA); Helsinki (Finland) and Cologne (Germany).

He was Principal Investor for the EU-funded research project Social Sensor, aimed at detecting and verifying news on social media, In 2019 he gave the Gresham College lecture on ‘Has the Internet Changed News for Better or Worse?’. He also was an expert witness on financial journalism for the claimants in the High Court case of Sharp v. Blank, concerning the acquisition of HBOS by Lloyds Bank during the financial crisis; and Project Director for the Friends Provident Foundation funded project “Remodelling Capitalism: How Social Wealth Funds Could transform Britain.”

Professor Schifferes is a fellow of the Royal Society of Arts. He was a BBC Reuters Fellow at Oxford University in 2006, and a Knight-Bagehot Fellow at Columbia School of Journalism in 1993-4. He was educated at Harvard and Warwick Universities, where he was a National Merit Scholar and a National Science Foundation Fellow.

Sell-offs and tax cuts stripped the UK of vital assets. A national wealth fund could turn the tide

Jun 28, 2024 07:51 am UTC| Economy

One of Labours most radical manifesto pledges is the plan to create a national wealth fund. To help drive the green transition and create 600,000 green jobs, the fund aims to raise 3 of private investment for every 1 of...

Three ways politicians always promise to raise money without increasing taxes – and why they rarely deliver

Jun 18, 2024 05:26 am UTC| Insights & Views Politics

After weeks of controversy over Labour and Conservative costings in which each side accused the other of dishonesty the manifestos show that both parties had wildly exaggerated their rivals plans. But there has been...

Ukraine: how the Russian invasion could derail the fragile world economy

Feb 26, 2022 09:59 am UTC| Economy

The invasion of Ukraine comes at a delicate time for the world economy, which was just beginning to recover from the ravages of COVID. Russias war could now have far-reaching economic consequences, as financial markets...

World economy in 2021: here's who will win and who will lose

Jan 06, 2021 04:19 am UTC| Insights & Views Economy

The coronavirus has crippled the world economy. Global GDP suffered its sharpest drop since the end of the second world war in 2020, millions were unemployed or furloughed, and governments pumped trillions of dollars into...

Emerging Market Crisis Series

Developing countries are facing economic disaster

May 29, 2020 14:25 pm UTC| Economy

While attention in developed countries has been focused inward on the effects of the pandemic at home and the anticipated exit from lockdown, an economic and health disaster is emerging in developing counties that make up...

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Economy

Soybean Futures Slip as Traders Await Trump-Xi Trade Signals

Chicago soybean futures edged lower on Thursday as traders closely watched Chinese President Xi Jinpings state visit to Washington for signs of progress on U.S.-China agricultural trade and future soybean purchases. CBOT...

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European stocks closed lower on Thursday as rising bond yields, geopolitical uncertainty in the Middle East and concerns surrounding artificial intelligence weighed on investor sentiment. The pan-European STOXX 600 dropped...

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Politics

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US Backs Musk in Fight Against EU’s €120 Million X Fine

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Netanyahu’s Brief US Trip Highlights Strains With Trump

Israeli Prime Minister Benjamin Netanyahu is expected to make an unusually short visit to the United States for his UN General Assembly address, underscoring signs of strain in US-Israel relations ahead of Israels October...

Abbas Reaffirms November 28 Palestinian Elections

Palestinian President Mahmoud Abbas reaffirmed plans to hold legislative elections on November 28, potentially marking the first Palestinian parliamentary vote in two decades, even as political and logistical obstacles...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Former OpenAI Data Center Chief Chris Malone Joins Nvidia

Chris Malone, the former head of data centers at OpenAI, has joined Nvidia as vice president of its DSX Platform, strengthening the chipmakers leadership team as demand for artificial intelligence infrastructure continues...

Akamai Shares Surge on $11.6B Anthropic AI Cloud Deal

Akamai Technologies shares jumped as much as 20% in after-hours trading Thursday after the cloud computing company announced an $11.6 billion, seven-year agreement with artificial intelligence firm Anthropic. The contract...

Oracle Shares Fall as New Mexico AI Data Center Faces Power Delays

Oracle Corp. shares fell after reports that the technology giant is seeking protection from financial obligations linked to its massive artificial intelligence data center project in New Mexico amid regulatory and...

BlackBerry Shares Rise as Q2 Earnings, Revenue Beat Estimates

BlackBerry shares climbed more than 2% in premarket trading Thursday after the cybersecurity and software company reported stronger-than-expected second-quarter results and issued an upbeat full-year revenue outlook....

Apple Extends Qualcomm Patent Licensing Deal

Qualcomm said Thursday that Apple has extended its patent-licensing agreement with the U.S. chip designer, maintaining a key part of their relationship even as the iPhone maker works to reduce its dependence on Qualcomm...
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