Climate change threatens human societies with long-term catastrophic consequences. These threats must be addressed immediately. A delayed response to climate change will lead to further deterioration and a greater chance of irreversible and catastrophic damage. In this article, we discuss the possibility of using weather derivatives to manage climate ... 閱讀更多

Currency carry trading is an investment strategy whereby traders invest in high-interest rate currencies and fund in low-interest rate ones. Historically, this trade has generated substantial returns. Typical analysis of the trade has focused predominantly on currencies that yield high interest rate differentials, as the Australian dollar on the long side ... 閱讀更多