Latest news with #ÁlvaroBernis
Economist
04-08-2025
- Business
- Economist
Buy now, pay later is taking over the world. Good
Finance & economics | Giving credit Photograph: Álvaro Bernis Aug 4th 2025 | New York | 7 min read B URRITOS ORDERED online, tickets to Coachella and Botox injections. These are not just must-haves for some American consumers—they can now all be bought using buy-now, pay-later financing. Six charts show the damage to America, its trading partners and its consumers Oil and terrorism are not the country's only exports The bloc opts for prudence over defiance Private equity is enjoying a renaissance in an unlikely place Why bankers no longer play golf at 3pm A hawkish tilt changes rate-cut expectations
Economist
05-06-2025
- Business
- Economist
Stanley Fischer mixed rigour and realism, compassion and calm
Finance & economics | Free exchange Illustration: Álvaro Bernis H e looked ridiculous , his wife assured him. Stan Fischer, the number-two official at the IMF , was supposed to be enjoying a holiday on Martha's Vineyard in July 1998. Instead, he was perched on a sand dune, mobile-phone at his ear, trying to negotiate a bail-out of Russia, a country deemed 'too nuclear to fail'. Opinion Columns Finance & economics Free exchange Our estimate of their impact will update every month He will not like the remedy, however Overseas investors at first—then Americans Markets have no fundamental laws, which is why they are so interesting We find that the Emiratis are flouting the cartel's rules on a grand scale The regulatory pendulum swings violently
