https://www.bloomberg.com/authors/AGxI-mDO39s/richard-cookson RSS for Node Thu, 07 May 2026 09:11:08 GMT https://www.bloomberg.com/opinion/articles/2023-03-29/south-africa-is-on-the-road-to-becoming-a-failed-state https://www.bloomberg.com/opinion/articles/2023-03-29/south-africa-is-on-the-road-to-becoming-a-failed-state Wed, 29 Mar 2023 04:00:35 GMT A South African street vendor selling flags and sunglasses in the image of the South African flag touts he wares in Johannesburg on May 14, 2010. Less than one month before the World Cup kick-off, fake jerseys and souvenirs have swamped South Africa's streets, despite a clampdown on bogus goods coming mainly from Asia. Knock-off jerseys for the national team Bafana Bafana, England, Brazil and Spain can are sold freely on the streets, as vendors openly tout for customers while dodging police. AFP PHOTO / ALEXANDER JOE (Photo credit should read ALEXANDER JOE/AFP via Getty Images) https://www.bloomberg.com/opinion/articles/2023-02-22/inflation-s-slowdown-is-less-than-meets-the-eye https://www.bloomberg.com/opinion/articles/2023-02-22/inflation-s-slowdown-is-less-than-meets-the-eye Wed, 22 Feb 2023 10:00:28 GMT An employee counts banknotes at currency exchange shop in Baghdad on February 14, 2023. - Iraq nudged up the value of its local currency against the dollar in an effort to stabilise the dinar after tougher foreign transfer regulations sent its value fluctuating. The government adopted a new official exchange rate, fixing it at 1,300 dinars to the US dollar instead of 1,470, the prime minister's office said. (Photo by Murtaja LATEEF / AFP) (Photo by MURTAJA LATEEF/AFP via Getty Images) https://www.bloomberg.com/opinion/articles/2022-12-20/bank-of-japan-s-technical-policy-change-is-anything-but https://www.bloomberg.com/opinion/articles/2022-12-20/bank-of-japan-s-technical-policy-change-is-anything-but Tue, 20 Dec 2022 20:00:16 GMT Haruhiko Kuroda, governor of the Bank of Japan (BOJ), during a news conference at the central bank's headquarters in Tokyo, Japan, on Tuesday, Dec. 20, 2022. Kuroda shocked markets by doubling a cap on 10-year yields, sparking a jump in the yen and a slide in government bonds in a move that helps pave the way for possible policy normalization under a new governor. https://www.bloomberg.com/opinion/articles/2022-11-23/pressure-on-the-hong-kong-dollar-peg-is-building https://www.bloomberg.com/opinion/articles/2022-11-23/pressure-on-the-hong-kong-dollar-peg-is-building Wed, 23 Nov 2022 22:00:08 GMT Hong Kong five-hundred and one-hundred dollar banknotes are arranged for a photograph in Hong Kong, China, on Thursday, April 23, 2020. Hong Kong's defense of its currency peg to the greenback will likely boost the interbank liquidity pool to a level unseen in two years, lowering local borrowing costs and weakening its dollars. https://www.bloomberg.com/opinion/articles/2022-11-01/inflation-fixed-income-real-yields-are-the-market-s-big-lie https://www.bloomberg.com/opinion/articles/2022-11-01/inflation-fixed-income-real-yields-are-the-market-s-big-lie Tue, 01 Nov 2022 10:00:09 GMT WASHINGTON, DC - FEBRUARY 16: U.S. Sen. Todd Young (R-ID) references a chart on rising costs during a press conference on inflation, at the Russell Senate Office Building on February 16, 2022 in Washington, DC. The Republican Senators blamed the near record high inflation on the Biden Administration and the Democratic fiscal agenda. (Photo by Kevin Dietsch/Getty Images) https://www.bloomberg.com/opinion/articles/2022-10-21/uk-pension-funds-didn-t-know-what-they-were-buying https://www.bloomberg.com/opinion/articles/2022-10-21/uk-pension-funds-didn-t-know-what-they-were-buying Fri, 21 Oct 2022 04:01:10 GMT LONDON, ENGLAND - JUNE 05: A woman waves a British flag during the Platinum Pageant on June 05, 2022 in London, England. The Platinum Jubilee of Elizabeth II is being celebrated from June 2 to June 5, 2022, in the UK and Commonwealth to mark the 70th anniversary of the accession of Queen Elizabeth II on 6 February 1952. (Photo by Alberto Pezzali - WPA Pool/Getty Images) https://www.bloomberg.com/opinion/articles/2022-10-13/interest-rates-are-headed-much-higher-to-fight-inflation https://www.bloomberg.com/opinion/articles/2022-10-13/interest-rates-are-headed-much-higher-to-fight-inflation Thu, 13 Oct 2022 09:00:14 GMT LONDON, ENGLAND - FEBRUARY 19: A cashier at a Travelex Bureau de Change counts U.S. Dollars in exchange for British pounds February 19, 2004 in London. The recent dramatic fall in the U.S.dollar has seen a rise in UK customers changing their pounds for the weaker greenback. (Photo by Ian Waldie/Getty Images) *** Local Caption *** https://www.bloomberg.com/opinion/articles/2022-09-30/the-problems-facing-the-government-bond-market-aren-t-unique-to-the-uk https://www.bloomberg.com/opinion/articles/2022-09-30/the-problems-facing-the-government-bond-market-aren-t-unique-to-the-uk Fri, 30 Sep 2022 09:00:11 GMT STOKE-ON-TRENT, UNITED KINGDOM - AUGUST 05: A wind torn Union flag flies over Longton Town Hall on August 05, 2022 in Stoke-on-Trent United Kingdom. The city of Stoke-on-Trent was one of the fastest local economies to rebound from the last recession and the predicted latest recession will be a worry for many businesses and local families. Stoke is also seen by many as a litmus test for levelling up with the city councils prospectus called 'Powering Up Stoke-on-Trent'. The Bank of England raised interest rates by 0.5% yesterday to 1.75% and forecast that the UK was heading for a recession. The economy is forecast to shrink in the last three months of this year and keep shrinking until the end of 2023. (Photo by Christopher Furlong/Getty Images) https://www.bloomberg.com/opinion/articles/2022-09-22/three-reasons-coordinated-dollar-intervention-is-unlikely https://www.bloomberg.com/opinion/articles/2022-09-22/three-reasons-coordinated-dollar-intervention-is-unlikely Thu, 22 Sep 2022 09:00:30 GMT U.S. one-hundred dollar banknotes are arranged for a photograph in Hong Kong, China, on Thursday, April 23, 2020. The Hong Kong Monetary Authority intervened for a third straight day this week to defend its currency peg as the local dollar touched the strong end of its trading band. https://www.bloomberg.com/opinion/articles/2022-09-14/uk-energy-relief-plan-will-lead-to-higher-interest-rates https://www.bloomberg.com/opinion/articles/2022-09-14/uk-energy-relief-plan-will-lead-to-higher-interest-rates Wed, 14 Sep 2022 04:00:03 GMT LONDON, ENGLAND - SEPTEMBER 12: British Prime Minister Liz Truss leaves Westminster Hall after the Presentation of Addresses by both Houses of Parliament in Westminster Hall at the Houses of Parliament on September 12, 2022 in London, England. The Lord Speaker and the Speaker of the House of Commons presented an Address to His Majesty on behalf of their respective House in Westminster Hall following the death of Her Majesty Queen Elizabeth II. The King replied to the Addresses. Queen Elizabeth II died at Balmoral Castle in Scotland on September 8, 2022, and is succeeded by her eldest son, King Charles III. (Photo by Markus Schreiber - WPA Pool/Getty Images) https://www.bloomberg.com/opinion/articles/2022-07-21/bank-of-japan-should-stop-meddling-in-financial-markets https://www.bloomberg.com/opinion/articles/2022-07-21/bank-of-japan-should-stop-meddling-in-financial-markets Thu, 21 Jul 2022 21:00:23 GMT BOJ Governor Haruhiko Kuroda has a certainty not backed up by results. https://www.bloomberg.com/opinion/articles/2022-07-12/japan-s-lack-of-inflation-is-tied-to-loose-monetary-policy https://www.bloomberg.com/opinion/articles/2022-07-12/japan-s-lack-of-inflation-is-tied-to-loose-monetary-policy Tue, 12 Jul 2022 09:00:13 GMT A bank teller counts 10,000 yen (118 USD) bank notes in Tokyo on September 22, 2010. The USD tumbled against the yen in Asia after the US Federal Reserve indicated it was prepared to take further measures to boost a faltering economic recovery. The USD fell to 84.80 yen in Tokyo morning trade, down from 85.15 yen in New York. AFP PHOTO / Yoshikazu TSUNO (Photo by YOSHIKAZU TSUNO / AFP) (Photo by YOSHIKAZU TSUNO/AFP via Getty Images) https://www.bloomberg.com/opinion/articles/2022-06-21/are-stocks-or-bonds-better-during-inflation https://www.bloomberg.com/opinion/articles/2022-06-21/are-stocks-or-bonds-better-during-inflation Tue, 21 Jun 2022 10:00:32 GMT 16 Aug 1997: A tandem dive at the European Swimming Championships in Seville, Spain. \ Mandatory Credit: Shaun Botterill /Allsport https://www.bloomberg.com/opinion/articles/2022-06-17/ecb-plays-fast-and-loose-with-the-law-in-bond-reinvestment-plan https://www.bloomberg.com/opinion/articles/2022-06-17/ecb-plays-fast-and-loose-with-the-law-in-bond-reinvestment-plan Fri, 17 Jun 2022 04:00:36 GMT Flags of Europe fly in front of the headquarters of the European Central Bank (ECB) in Frankfurt am Main, western Germany, on June 15, 2022. - Europe's equities rebounded as the European Central Bank began an emergency meet to discuss volatile eurozone bond markets and soaring inflation, while investors also braced for a major US rate hike. (Photo by Daniel ROLAND / AFP) (Photo by DANIEL ROLAND/AFP via Getty Images) https://www.bloomberg.com/opinion/articles/2022-06-13/the-ecb-is-no-longer-an-inflation-targeting-central-bank https://www.bloomberg.com/opinion/articles/2022-06-13/the-ecb-is-no-longer-an-inflation-targeting-central-bank Mon, 13 Jun 2022 05:00:12 GMT European Central Bank (ECB) President Christine Lagarde delivers a speech during a press conference after a Governing Council meeting focused on monetary policy in the euro zone in Amsterdam on June 9, 2022. - The European Central Bank on June 9, 2022 slashed its growth outlook for the eurozone to 2.8 percent in 2022 and 2.1 percent in 2023, as Russia's invasion of Ukraine wrought havoc on the world economy. (Photo by JOHN THYS / AFP) (Photo by JOHN THYS/AFP via Getty Images) https://www.bloomberg.com/opinion/articles/2022-05-20/bank-of-england-governor-andrew-bailey-proves-inflation-targeting-is-bad https://www.bloomberg.com/opinion/articles/2022-05-20/bank-of-england-governor-andrew-bailey-proves-inflation-targeting-is-bad Fri, 20 May 2022 05:00:05 GMT LONDON, ENGLAND - MAY 05: Andrew Bailey, Governor of the Bank of England, addresses the media on the Monetary Policy Report at the Bank of England on May 5, 2022 in London, England. The Bank of England has raised interest rates to their highest level in 13 years in an effort to tackle the cost of living crisis gripping the UK. (Photo by Frank Augstein - WPA Pool/Getty Images) https://www.bloomberg.com/opinion/articles/2022-05-11/personal-finance-the-bullish-cases-for-bonds-are-all-premature https://www.bloomberg.com/opinion/articles/2022-05-11/personal-finance-the-bullish-cases-for-bonds-are-all-premature Wed, 11 May 2022 09:00:05 GMT 31st January 1949: A hungry mouse nibbling at some cheese sets off a deadly mousetrap. (Photo by Express/Express/Getty Images) https://www.bloomberg.com/opinion/articles/2022-04-27/hong-kong-dollar-s-peg-to-the-greenback-has-become-untenable https://www.bloomberg.com/opinion/articles/2022-04-27/hong-kong-dollar-s-peg-to-the-greenback-has-become-untenable Wed, 27 Apr 2022 19:00:30 GMT Hong Kong, CHINA: This photo taken 19 March, 2007 shows genuine 1,000 Hong Kong dollar banknotes (worth appx 130 USD each). Hong Kong authorities are struggling to replace 1,000-dollar notes issued by banking giant HSBC in 2000 and 2002 after finding more than 700,000 dollars (900,000 USD) in high-quality fakes. AFP PHOTO/MIKE CLARKE (Photo credit should read MIKE CLARKE/AFP via Getty Images) https://www.bloomberg.com/opinion/articles/2022-03-22/central-bank-predictability-and-sloth-have-their-costs https://www.bloomberg.com/opinion/articles/2022-03-22/central-bank-predictability-and-sloth-have-their-costs Tue, 22 Mar 2022 09:03:33 GMT A sloth (Bradypus tridactylus) called "Chuwie", who lost the claws of three of his four legs when he was electrocuted on power lines and rescued after suffering serious burns, remains hanging while being feed at Chuwie's Sloth Rescue Center in San Antonio de Los Altos, Miranda state, Venezuela on September 23, 2021 . - "Chuwie" is the face of a sloth rescue foundation set up by a couple who became passionate about the species by rescuing him and dozens of others. (Photo by Yuri CORTEZ / AFP) (Photo by YURI CORTEZ/AFP via Getty Images) https://www.bloomberg.com/opinion/articles/2022-03-09/the-european-central-bank-is-in-a-no-win-situation https://www.bloomberg.com/opinion/articles/2022-03-09/the-european-central-bank-is-in-a-no-win-situation Wed, 09 Mar 2022 10:00:19 GMT European Central Bank (ECB) President Christine Lagarde attends an informal Ecofin and Eurogroup meeting at the Economy Ministry in Paris on February 25, 2022. (Photo by Eric PIERMONT / AFP) (Photo by ERIC PIERMONT/AFP via Getty Images)