European regulators need more powers to police crypto, watchdog says
The European Securities and Markets Authority said on Wednesday that European regulators should be given more powers to help them enforce crypto rules, and that
Oil dips as recovering Gulf exports ease supply fears, US-Iran diplomacy in focus
Oil prices fell 1% on Thursday as recovering crude exports from the Gulf and a surprise rise in US inventories eased supply concerns, while investors
Training novices to think in the age of large language models
Whether teaching a cognitive skill remains valuable in this era of AI is a crucial question in education and for firms. This column reports on
Global imbalances and the China challenge
China’s trade surplus is widening, its manufactured exports are surging, and the political backlash is intensifying. This column argues that the widening trade surplus reflects
Fed’s Williams sees no urgency for next Fed rate hike
Fed’s Williams says there’s time to parse data before raising rates again Federal Reserve Bank of New York President John Williams said on Tuesday that
Bonds set for bruising September; stocks fare better
MSCI’s broadest index of Asia-Pacific shares excluding Japan rose 0.2% in early trading. Global bonds wobbled on Wednesday and were set for their worst month
How climate policies can speed up manufacturing decarbonisation in the Western Balkans
Western Balkan firms are adopting measures to reduce environmental impacts, but smaller local firms need support to comply with EU regulations. The European Union’s carbon
Remunerating means of payment
Non-remuneration of digital money acts as a distortionary tax, making EU bans on interest for e-money and stablecoins hard to defend. Though banknotes cannot technically
Beyond flows: How natural gas supply risk fuels inflation
Europe’s output losses proved limited following the 2022 cutoff of Russian gas flows, yet inflation rose sharply. This column uses weather variation and gas-market events
When Wall Street drifts from Main Street: Consumption as an anchor for stock prices
Debate over whether buoyant equity markets reflect durable economic gains or a widening gap between Wall Street and Main Street has intensified with the AI
