Foreign ministers from the Group of Seven (G-7) developed nations are to meet in London on Tuesday to discuss the most pressing geopolitical challenges facing the world, including Russia and China. The U.K. is hosting G-7 foreign and development ministers in the first face-to-face meetings since the coronavirus pandemic began, and the first gathering of […] Read more
LONDON — The Bank of England said Thursday British banks will need at least six months to prepare for a shift into negative interest rates. The BOE asked British banks in October about their preparedness for negative interest rates, having revealed in September that it was exploring the possibility of taking rates below zero if necessary. […] Read more