Google, Meta win court fight against Austrian online content rule
Alphabet’s Google, Meta Platforms and TikTok on Thursday won backing from Europe’s top court in their fight against an Austrian law requiring them to delete hate speech
Apple suffers setback in fight against EU’s $14 billion tax order
An EU tribunal made legal errors when it ruled in favour of Apple over a 13-billion-euro ($14 billion) tax order and should review the case
Climate risk, bank lending, and monetary policy
The issues of whether and how banks penalise climate risk in their lending activities, and how monetary policy affects this, are key for policymaking. This
Transatlantic leverage over Chinese steel and aluminium producers unlikely to induce decarbonisation
The EU and US are negotiating a bilateral arrangement to address carbon emissions on steel and aluminium production while restoring “market-oriented conditions”. This column asks
Real exchange rate and international reserves in the era of financial integration
International reserves provide buffers against external financial shocks but maintaining reserves has a high cost, which needs careful consideration and strategic management. This column uses
Unremunerated reserve requirements make the fight against inflation fairer and more effective
The recent rate hikes to fight inflation have led to large transfers of central banks’ profits to commercial banks. This column argues, and provides evidence,
PayPal stock surges as pledge to turn “leaner” keeps crypto concerns at bay
PayPal Holdings added nearly $4 billion to its market value after a pledge to turn “leaner” fired up investors, even as the payments giant disclosed a
‘Home-grown’ innovation has costs as well as benefits
Many European leaders express concern, or even dismay, that Europe is unable to launch and grow its own tech giants like those in the US .
Boosting opportunities for the most vulnerable: the Productive Social Safety Net toolbox for Africa
Africa is not on track to achieve the Sustainable Development Goal of eradicating extreme poverty. While many countries were successful in reducing poverty during the
Scaling up green hydrogen for inclusive growth, better jobs, and lower emissions
Clean hydrogen, including green hydrogen, is a building block for the energy transition. It can potentially eliminate the world’s reliance on fossil fuels, especially in
