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@fwn_science@fwn_science thanks for the heads-up and apols for the slow reply. Increasing focus on the role of development banks across a range of sectors vis a vis climate change. Many more stories to write here...
Very good point. Also important to know, after a lifetime in economic commentary, that I’ve never yet seen a 15 year forecast that was correct. Indeed most were hopelessly wrong https://t.co/Be9gxtLmDr
A year ago Goldman Sachs forecast sterling would fall from $1.25 to $1.14 in 2017. In fact, it rose to $1.35. Goldman also forecast 10-year gilt yields (cost of government borrowing) would rise from 1.28% to 1.65%. They fell to 1.19% by end-Dec.