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financial-crisis

Business 6 years ago

Indonesia braces for recession, activates crisis protocol

Under the government’s worst-case scenario, which is not deemed the most likely, the country would experience the first GDP contraction since the 1998 Asian financial crisis.

World 6 years ago

Lebanon set for debt default as government decides not to pay

As financial crisis deepens, Lebanon set for sovereign default

Opinion 6 years ago

The Fed, coronavirus and Indonesia’s fiscal policy

A number of recent events appear to be unrelated, but are actually connected to each other, particularly in their effects on the Indonesian economy.

Opinion 6 years ago

Moral hazard: Lesson of 1998 monetary crisis in Tahir dissertation

Titled “New Institution and Leadership Economy”, the dissertation examined the policies behind rescuing the banking system during the monetary crisis of 1997 and 1998.

Sports 6 years ago

AC Milan banned from Europe for financial fair play violations

European football's governing body UEFA had accused the club of violating financial fair play (FFP) regulations over the past three seasons and the Court of Arbitration for Sport ruled in their favour.

World 6 years ago

Democracy falls short for people around the world: Survey

Globally, 52 percent did not feel their countries were prepared for another financial crisis.

Business 7 years ago

First there was Asian financial crisis. Now there is regional cooperation.

Countries in East and Southeast Asia are committed to strengthening the region’s financial integration as an effort to improve economic stability, close the infrastructure financing gap and ultimately decrease their dependence on foreign currency.

Editorial 7 years ago

The warning signs get stronger

The International Monetary Fund-World Bank Group Annual Meetings in Bali ended on Saturday with stronger warnings of a new financial crisis.

World 7 years ago

World unprepared for next financial crisis: Ex-IMF chief

The world is less well equipped to manage a major financial crisis today than it was a decade ago, according to Dominique Strauss-Kahn, a former chief of the International Monetary Fund (IMF).