Populism’s original sin: Short-term economic consequences of populist policy
Populism poses significant economic risks, often undermining long-term growth for short-term political gains. This column uses the example of the cancellation of Mexico City’s New
Temporary employment puts a drag on wage growth with macroeconomic consequences
During the past decade, subdued wage growth and a faulty Phillips curve have puzzled economists. This column proposes an explanation: involuntary temporary workers have exerted
Currency denomination of foreign exchange reserves: From taboo in the past towards disclosure and exciting research nowadays
There has been a growing trend towards more disclosure by central banks on the currency denomination of their foreign exchange reserves. This column introduces a
Distance from innovation is a barrier to the adoption of artificial intelligence
While distance may seem unimportant in the face of technological progress in transportation and communication, several studies have found that distance is a barrier to
Barclays boosts profit, ups income outlook as investment bank delivers
Barclays reported a forecast-beating 18% rise in third-quarter profit on Thursday, as slower than expected interest rate cuts and upbeat investment banking prospects helped it
Oil prices rise 1% as Mideast attacks heighten supply concerns
Oil prices rose more than 1% on Thursday, reversing some of the previous session’s losses, as the Middle East conflict and reports of North Korean
Output from Norway’s largest oilfield to begin decline in 2025, Equinor says
Norway’s largest oilfield Johan Sverdrup is expected to come off its production plateau early next year, operator Equinor said on Thursday. The field hit record daily
LSEG’s third-quarter income tops forecasts with 9.5% rise
London Stock Exchange Group said on Thursday that its income rose a better-than-expected 9.5% in the third quarter versus a year earlier, helped by higher annual
Europe’s top court rules for Intel to end long-running antitrust case
The EU Court of Justice, Europe’s top court, ruled on Thursday in favour of Intel ,ending a nearly two-decade-long fight between the U.S. chipmaker and EU
The distributional consequences of trade: Evidence from the Grain Invasion
Geography can shape the distributional consequences of international trade. For example, Western England and Wales are more suitable for grazing, while eastern locations are more
