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Tag: Ukraine Invasion

Biden announces ban on Russian energy

US bans energy imports from Russia

"Russian oil will no longer be acceptable at US ports," President Biden said.

World Bank seeks to provide further USD 350 million loans to Ukraine

The World Bank is aiming to fast track the process to provide Ukraine an additional USD 350 million loan in the next few days, or as soon as the end of this week, Reuters cited people familiar with the plans.
Five Rubles

Sberbank’s European subsidiaries placed under payment moratorium amid sanctions

EU’s Single Resolution Board has enforced payment moratorium on three European subsidiaries of Russian bank Sberbank, which is under US-led sanction, and is accessing whether any resolution action would be need to to protect public interest.

Global Economy

Interviews

The Disappointments with Post-Great Recession Macroeconomics | Q&A with Kocherlakota |

Welcome to the latest installment of our interview series “Where is the General Theory of the 21st Century?” “Where is the General Theory of the...

A Macroeconomic Earthquake | Q&A with Larry Christiano

In this interview, Prof Christiano shared his view on the development of post-2008 academic macroeconomics. We’ve asked Prof Christiano does he agree that modern macroeconomic models are too complicated for the general public, or even policymakers and if he agrees that economic models should be “simpler”. Does he think the recent revival of ISLM model a “good trend”? Should Macroeconomists hang on their faith in DSGE models? Should they explore alternative paths?
John Cochrane Cover Photo

Fiscal Theory of Price Level and State of Macroeconomics | Q&A with John Cochrane...

John Cochrane talks about Fiscal Theory of Price Level and how can we apply this theory on the current macroeconomy.

DSGE model and the State of Macroeconomics | Q&A with Olivier Blanchard |

In this interview, Blanchard discussed his view on the role of DSGE model in modern Macroeconomics and policymaking. He also explained his decision to rewrite his macroeconomics textbooks after the Great Recession. His recent research on hysteresis was also discussed.