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Edward Thomas Jones

Lecturer in Economics, Bangor University
Dr Edward Thomas Jones is a Lecturer in Economics at Bangor Business School, Bangor University, with professional experience of working in the private and public sector at senior level. His research, which mostly has a policy focus, is primarily in the area of financial economics and innovation in public and private finance.

As a student, he obtained an undergraduate degree in Mathematics and Economics, a Masters in Banking and Finance, and in 2009 was awarded a PhD in Economics having specialised in economic growth (all at Bangor University). Prior to his academic career, Edward held various private-sector positions in the Irish banking industry, with specific experience in financial and economic modelling and capital calculations. His work was used to aid Senior Management decision-making, forecasting, and pricing, as well as to meet the requirements of public institutions, such as the European Banking Authority (EBA) and the Financial Service Authority (FSA).

Digital Currency Revolution

Welsh mining towns had alternative currencies 200 years ago – here's what the crypto world could learn from them

Jun 28, 2023 00:29 am UTC| Insights & Views Digital Currency

You can also read this article in Welsh. The global cryptocurrency market has seen a number of recent setbacks: from the collapse of the Terra/Luna system in May 2022 to the failure of FTX, one of the largest crypto...

Why UK inflation is so high compared to EU and US and what to do about it

Jun 03, 2023 03:30 am UTC| Economy

Britain has a bigger inflation problem than either the US or the eurozone, according to Bank of England policymaker Catherine Mann. The latest official UK inflation figures show UK price rises have slowed from double...

Central Banking Series

Bank of England interest rate rise: why this could be the last increase for a while

May 11, 2023 14:45 pm UTC| Economy Central Banks

The Bank of England has increased its benchmark interest rate to 4.5% the seventh rise since May 2022, when the base rate was just 1%. It is now at the highest level since 2008. The European Central Bank (ECB) also...

Central Banking Series

Stock markets have been a one-way bet for many years thanks to the 'Fed put' – but those days are over

Feb 23, 2022 22:38 pm UTC| Economy Central Banks

The prospect of a Russian invasion of Ukraine have sent the markets into a tailspin, compounding fears around inflation that have been building over the past few months. The SP 500 is trading at 10% below its recent...

GameStop: hedge fund attacks have opened up powerful new front against Wall Street

Feb 02, 2021 13:59 pm UTC| Investing

In the dying days of 2009, Rage Against the Machine achieved the unlikeliest of Christmas number ones with a re-release of their anti-establishment anthem Killing in the Name. This was driven by an online campaign to give...

Economy

Mercedes Pay+ Debuts In-Car Fingerprint Payments in Partnership with Mastercard

Mercedes-Benz collaborates with Mastercard to launch Mercedes Pay+, facilitating in-car refueling payments. Using an integrated fingerprint sensor, drivers can now securely settle fuel bills directly from their vehicles....

Getty, NVIDIA Partner on AI Image Generator; Ensuring Copyright Compliance

Getty Images Holdings Inc. and NVIDIA are collaborating on an AI-driven image generator, striving to produce content free from copyright concerns and averting deepfake creation and intellectual property...

Mitsubishi UFJ Trust Bank Teams Up with Binance Japan for New Stablecoin Venture

Mitsubishi UFJ Trust Bank collaborates with Binance Japan and Progmat on a stablecoin initiative, leveraging Progmat Coin infrastructure. Anticipated stablecoin issuance follows the amended Fund Settlement Acts June 2023...

LG Electronics Unveils First Foldable Laptop in South Korea: The LG Gram Fold

LG Electronics introduced the LG Gram Fold (17X90R) in South Korea, marking a revolutionary shift in laptop design. This innovative device, releasing next week, combines adaptability and cutting-edge technology and is...

Jeff Bezos Announces Dave Limp's Transition from Amazon to Blue Origin's Top Role

Dave Limp, Amazons senior vice president of devices and services, has been named the new CEO of Blue Origin Rocket. Jeff Bezos conveyed this leadership shift in a letter, praising Limps capabilities. Limp assumes the...

Politics

Zelenskyy's meetings with Trudeau and Biden are aimed at winning the long war

Ukrainian President Volodymyr Zelenskyy has capped off a visit to North America with a stop in Ottawa, where he addressed Parliament and urged the world not to forget about the war in Ukraine. It is genocide what...

Offshore wind: a perfect storm of inflation and policy uncertainty risks derailing the UK's main hope for a low-carbon future

In what many have deemed a disaster, the UK governments latest auction for renewable power an annual attempt to incentivise private sector investment in a range of power sources has failed to bring forward any new...

Ukraine war: mixed signals among Kyiv's allies hint at growing conflict fatigue

It is now almost 600 days since Russia launched its full-scale invasion of Ukraine, and the war that has followed has tested the resilience of both countries. But it has also tested those in the west that have supported...

Sunak should be wary of backtracking on net zero – what history tells us about flip-flopping on the environment

Rishi Sunak has delivered a speech in which he announced delays to key net zero targets, including postponing the ban on the sale of new petrol and diesel cars until 2035. It is a remarkable event given that the UK...

The fraught history of India and the Khalistan movement

The Indian government has warned its citizens living in Canada to exercise extreme caution due to a deteriorating security environment in the country. The warning came after Canadian Prime Minister Justin Trudeau...

Science

A Nasa spacecraft is on course to deliver material from an asteroid to Earth – here's what we could learn

Around 15 years ago, I was on a European Space Agency (Esa) committee, looking at Esas strategy for proposed forthcoming space missions. Under consideration was a mission to an asteroid. Over dinner, one of the committee...

Five golden rules for effective science communication – perspectives from a documentary maker

Over the past three years, people from all walks of life have learned a great deal about different branches of science. The COVID-19 pandemic introduced many of us to information about virology and vaccine production....

Discovering the universe from our own backyards

When I was a college student, I worked at the Charlevoix Astronomical Observatory in Québec. It was a pretty decent summer job, as I got to observe celestial bodies until the dead of night, talk to astronomy...

Our planet is burning in unexpected ways - here’s how we can protect people and nature

People have been using fire for millennia. It is a vital part of many ecosystems and cultures. Yet human activities in the current era, sometimes called the Anthropocene, are reshaping patterns of fire across the...

Jamais vu: the science behind eerie opposite of déjà vu

Repetition has a strange relationship with the mind. Take the experience of déjà vu, when we wrongly believe have experienced a novel situation in the past leaving you with an spooky sense of pastness. But...

Technology

Hitachi Taps VR to Preserve Japanese Craftsmanship: Veteran Workers Guide Newbies in Metaverse

Hitachi Ltd. is revolutionizing Japanese craftsmanship training using the metaverse, enabling remote skill transfer. Utilizing VR and advanced cameras, the Tokyo-based electronics company offers real-time instruction,...

Mitsubishi Unveils Mysterious Electrified Minivan Concept Ahead of Japan Mobility Show 2023

Mitsubishi Motors unveiled an electrified minivan concept teaser, creating a buzz ahead of the Japan Mobility Show 2023. Speculation arises over its features and connection to existing models. The darkened image reveals...

How AI and AR could increase the risk of problem gambling for online sports betting

Sometimes referred to as the crack cocaine of gambling, electronic gaming machines (EGMs) such as slot machines allow bets to be placed as quickly as once every 2.5 seconds, delivering a rapid and immersive gambling...

OpenAI Unveils Major ChatGPT Update with 'See, Hear and Speak' Capabilities

OpenAI announces a groundbreaking ChatGPT update, introducing voice comprehension, audible responses, and image processing. This significant enhancement redefines AI communication, elevating the user experience. One of...

Mitsubishi Chemical to Open New Semiconductor Materials Plant by 2025 Amid Global Demand

Mitsubishi Chemical Group announces a new semiconductor materials plant, operational by March 2025. While the location remains undecided, Fukuoka Prefecture is under consideration. Given the components pivotal role in...