Bloomberg The Bank of England (BOE) signalled that it’s in no rush to raise interest rates despite stronger economic growth, as policy makers stayed united on the need to keep borrowing costs on hold for now. In an upbeat set of forecasts, Governor Mark Carney and his colleagues upgraded their expectations for growth, saying unemployment will fall further and the ...

Bloomberg India’s central bank Governor Shaktikanta Das has built up support on both sides of the political divide, making his position relatively safe under a new government no matter who wins the election. As an ex-career bureaucrat, Das has worked under administrations led by both Prime Minister Narendra Modi’s Bharatiya Janata Party and the opposition Indian National Congress. He’s likely ...

ABU DHABI / WAM The United Arab Emirates, in April, witnessed various events and activities that consolidated the process of transforming “Tolerance” from a societal value to sustainable institutional action, according to clear mechanisms and strategies. The hosting of the conference on ‘Tolerance in the Context of Legislative and Judicial Systems’, the opening of the ‘Tolerance Neighbourhood Pro-ject’ in Umm ...