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Policy makers need to resist, however, fine-tuning regulations: a “do not harm” approach is often preferable. And as risks will remain, crisis management needs to be made an integral part of system ...

Mariupol natives Oleksandr and Liudmyla Lytvyn fled home three years ago during Russia's 86-day siege of the port city in southern Ukraine. Now they are following peace talks between the warring ...

Risky corporate credit markets have expanded rapidly since the global financial crisis. The role of nonbank financial institutions has increased, and the system has become more complex and opaque.