Opening the black box: What we now know about credit and poverty
For decades, one question has dominated debates about finance and poverty reduction: does access to credit reduce poverty? The idea that loans can help households
Oil falls as Middle East crude exports rise, G7 to release stocks
Oil prices fell on Monday as rising Middle East crude exports and a release of oil stocks by the Group of Seven nations boosted supplies,
Community banks sue US regulator over crypto firm charters
A trade organization representing community banks sued a US bank regulator Friday, claiming that its decision to grant limited bank charters to cryptocurrency firms exceeds
Bonding through crises with nonbank financial institutions
Nonbank financial institutions are often seen as procyclical lenders, cutting credit more sharply than banks during stress, while bond markets can substitute for bank lending
The impact of AI and cross-border data regulation on international trade in digital services
AI is transforming digital services, and mobile apps, which routinely reach users far beyond their home markets, show just how global that transformation has become.
Hiding in the mean: AI is adding jobs and removing them at the same time
Estimates of AI’s employment effect disagree in size and even in sign. This column argues the disagreement is built into the measurement: AI substitutes for
Strategic sovereignty, social movements, and political agency: Evidence from the US-Israeli military campaign in Iran
Military intervention may be undertaken to weaken a hostile regime and strengthen the position of its opponents. This column argues that evidence from the 2026
Navigating geoeconomic risk in the US stock market
Geoeconomic risk has become a first-order concern for investors. This column shows that domestic US stocks expose investors to substantial geoeconomic risk through firms’ global
Taiwan plans $13bln in extra energy spending given high global prices
Taiwan has not passed on most of the rising costs to consumers, and it heavily subsidises energy bills, helping to keep inflation down. Taiwan’s government
AI adoption stalls as companies struggle to scale projects despite strong returns, study shows
Only 13% of companies were on track with their AI initiatives, as regulatory hurdles and integration with legacy IT systems slowed large-scale adoption, a BearingPoint
