The Swiss-based Bank for International Settlements – often described as “the bank for central banks” – likes order, technocracy and not rocking the boat. Given Bitcoin’s tumbling price and evaporating trading volumes, its 24-page report on the digital currency was always going to be withering. But amid all the righteous indignation, there was something missing: What exactly does BIS suggest ...

Last month, a group of 10 families filed an action against the European Union (EU) at the European General Court, the EU’s second highest court. All claim to have suffered loss from climate change. Specifically, they argue that greenhouse gas (GHG) emissions from the EU have violated their fundamental rights to health, occupation, property and equal treatment. The plaintiffs want ...

Bloomberg Investors dumped riskier assets as a trade dispute between the world’s two largest economies showed signs of deepening and accelerating. Stocks dropped, Treasuries rallied and the dollar climbed with the yen. The S&P 500 sank the most in three weeks with industrial companies getting hit hardest after President Donald Trump threatened tariffs on another $200 billion of Chinese goods, ...