Global shocks, institutional development, and trade restrictions: Learning from crises and recoveries between 1990 and 2022
During the past 20 years, the world economy has suffered two major crises in the form of the Global Financial Crisis and the COVID-19 pandemic.
India PM Modi faces opposition fury after Trump’s 25% tariff threat
Trump said the tariff on imports from India would start from Friday, in addition to an unspecified penalty for Russian dealings and involvement in the
Dollar forges higher as Trump releases new tariff barrage
Yen sinks, Bank of Japan signals no hurry to resume rate hikes. The dollar headed for its strongest weekly performance in almost three years against
Oil steadies as investors mull US tariff impacts
Investors weigh impact from Trump threats over Russian oil. Oil prices were little changed on Friday and heading for a weekly gain as investors weighed
Dollar rises versus euro and yen before US economic data
It also sees the European Central Bank as having concluded its easing cycle. The dollar edged up against the euro and the yen, but remained
U.S. tariff of 15% on EU goods is all-inclusive, EU official says
The tariff framework will apply broadly to EU exports, except for steel and aluminium, the official said. The 15% rate will also apply to cars
Wheat near five-year trough, corn at contract lows as supply weighs
The most-active wheat contract on the Chicago Board of Trade was down 0.2% at $5.15-1/2 a bushel. Chicago wheat futures eased on Tuesday to approach
Oil slips as OPEC+ output hikes counter Russia disruption concerns
Trump’s threats come amid renewed concerns about oil demand and some analysts expect faltering economic growth in the second half of the year Oil slipped
Transmission of liquidity shocks through non-bank financial intermediaries: Evidence from the International Banking Research Network
The role of non-bank financial intermediaries in funding markets and financial crises has increased in recent decades. This column examines the rise of the sector
Childhood friendships and the gender equality paradox in education
The most economically prosperous and gender-equal societies often display stronger gender segregation in educational choices – a pattern known as the ‘gender equality paradox’. This
