Bank of England launches consultation on regulating systemic stablecoins
The Bank of England (the Bank) has today published a consultation paper (CP) setting out its proposed regulatory regime for sterling-denominated systemic stablecoins.
The Bank of England (the Bank) has today published a consultation paper (CP) setting out its proposed regulatory regime for sterling-denominated systemic stablecoins.
Following a week of high-profile diplomacy and bold declarations, during which Greece tried to thrust itself onto the global energy stage, Prime Minister Kyriakos Mitsotakis is hoping to turn the moment into a political turning point at home.
Alpha Bank reported a net profit of 704 million euros in 9M 2025, compared to a profit of 489 million euros in 2024, a rise of 44 percent.
Scope Ratings affirmed Greece’s sovereign credit rating at ‘BBB’, while revising its outlook from stable to positive, reflecting the country’s growing economic resilience, strong fiscal performance, and steady improvement in debt dynamics.
Banks trade off short-term losses on deposits against long-term profits from cross-selling other products to new depositors. This strategy is especially attractive when policy rates are low and future sales are more valuable. Therefore, deposit rates move less than policy rates: banks keep them relatively higher when policy rates fall, and relatively lower when policy rates rise. As returns on other financial assets follow policy rates more closely, this makes deposits relatively less attractive for depositors at higher policy rates.
Since 2007, recurring food-price spikes reveal hunger as a problem of market design and underinvestment, not scarcity. With Brazil’s COP30 on the horizon, aligning climate commitments with food systems could cement policy space to manage markets and advance the right to food.
Passengers walk through the Ronald Reagan Washington National Airport on Nov. 7, 2025. Anna Moneymaker/Getty ImagesMajor airports across the United States were subject to a 4% reduction in flights on Nov. 7, 2025, as the government shutdown began to affect travelers.
Elon Musk secured shareholder approval for a new stock-based package designed to double his voting power at Tesla, potentially making him the first trillion-dollar employee. As this plan cements Musk’s control it ties vesting to audacious market-cap and production targets and diverts focus from progressive value creation. Musk’s governance, layoffs, and politicization could imperil Tesla’s EV leadership and ambitions in AI and robotics.
Elon Musk is, once again, taking stock
Sharp spikes in calls for food assistance are rare outside of natural disasters. AP Photo/Eric GayBetween January and mid-October 2025, calls to local 211 helplines from people seeking food pantries in their community held steady at nearly 1,000 calls per day.
Until the end of October, China had refused to purchase a single soya bean from the US’s 2025 harvest. It usually spends tens of billions of dollars on the crop, which is a key ingredient in animal feed, so the boycott hit US farmers hard – and affected food systems far beyond US and Chinese borders.