Tariffs, global imbalances, and the dollar
While the Trump administration has offered multiple justifications for imposing tariffs, none has been as prominently cited as the goal of reducing trade deficits. This
Spending smarter: A powerful growth strategy
With high public debt and weak medium-term growth, finance ministries seek to do more with less. This column argues that efficiency gaps in public spending
China’s Belt and Road Initiative and the shifting landscape of trade and investment
China’s Belt and Road Initiative has reshaped international economic and political ties among countries and reorganised global value chains. This column reveals that the initiative
Climate change mitigation pathway: The 24-hour economy
It is increasingly perceived as an integrated sustainability solution for transforming how global cities function. As the sun soars and global cities set record temperatures,
Gold rises more than 1% on risk-off mood, dollar pause
Non-yielding gold tends to do well in a low-interest-rate environment and during times of economic uncertainty. Gold prices gained more than 1% on Wednesday, with
EU agrees weakened climate target in final-hour deal for COP30
EU climate ministers agreed a 2040 climate change target in the early hours of Wednesday after watering down the goal in last-minute negotiations, as they
Wall Street bonuses expected to be highest in four years, consultancy says
Wall Street bonuses are expected to rise for the second year for traders and investment bankers on surging deal volume and market volatility, according to
Oil market glut: surging output and sluggish demand pressure prices
This blog post is part of a special series based on the October 2025 Commodity Markets Outlook, a flagship report published by the World Bank. This series
From the China Shock to the global relocation of production: Inequality consequences
Globalisation has raised living standards worldwide but has also fuelled concerns that international competition is eroding middle-class incomes and widening inequality within countries. The column
How AI can help detect warning signs of financial market stress
Predicting financial market stress is a significant challenge, as traditional models often fail to capture complex and nonlinear dynamics. This column highlights two recent advances
