How to get the Green and the Deal: Recalibrating EU industrial policy
Europe is recalibrating its industrial policy in response to external challenges including China’s state-driven overcapacities and protectionist US tariffs, but also as an opportunity to
Five questions on how the war in the Middle East is affecting commodity markets
In just two months, a historic energy supply shock has upended commodity markets. The outlook for commodity prices and the global economy now depends largely
Strait of Hormuz disruption sends oil prices surging
The closure of the Strait of Hormuz has led to the largest oil market disruption in history. Global oil supply crashed by 10.1 mb/d in
Who controls the defence industry?
The defence industry is gaining importance in Europe, but the methods by which states exercise control over it are varied and poorly understood. Defence markets
Why ‘de-risking’ may not deliver a large peace dividend
Many governments have recently renewed their interest in de-risking – a policy of limiting trade to reduce economic coercion. This column aruges that this policy
Global asset managers flock to Abu Dhabi despite Iran war risk
Firms including Capital Group, Bain Capital and Hillhouse expand in ADGM. A number of global investment firms, including a trillion-dollar asset manager, have chosen to
Egyptian oil firm to invest $1bln in upstream projects
They include drilling over 100 wells. Khalda Company, a joint venture between the state-owned Egyptian General Petroleum Corporation (EGPC) and the US-based Apache Corporation, is
Shell’s profit beats expectations at $6.9bln, raises dividend by 5%
At the same time, it slowed its quarterly share buyback programme to $3bln from $3.5bln to help divert cash to its balance sheet. Shell’s first-quarter
Gold heads for weekly loss as high oil prices feed inflation worries
Spot gold was down 1.1% at $4,568.82 per ounce at 0952 GMT, and on track for a weekly loss of 1.2%. Gold prices fell more
Pollution and Productivity
The adverse impacts of air pollution on human health are large and well-documented. Pollution is the single largest environmental threat to human health and generates
