Mobilising Central Bank Foreign Exchange Reserves

There is a disconnect between ever larger FX reserves at central banks and ever greater calls on national treasuries to finance the aftermath of the pandemic and the fight against climate change. It is time to stop hoarding reserves for tomorrow’s crises and consider using them for today’s.

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The Mathematics of Covid testing

The mathematics of the various Covid tests, and where the clinicians set the trigger points for determining the outcome of any test, may seem a slightly obscure subject, replete with statistical terms such as Type 1 and Type 2 errors and Conditional probabilities. But the real life consequences of the mathematics are surprising, and for both the Government and the NHS far reaching.

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