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A way out via the Strait of Hormuz

For decades, US-Iran nuclear negotiations have been trapped by two problems: time inconsistency, since the US can always reimpose sanctions after Iran gives up its

When AI meets local debt

Recent evidence for the US finds that higher AI job postings reduce municipal bond yields, particularly for longer-maturity and lower-rated bonds. This column shows that

Understanding the rise in CEO age

The composition of Western workforces has shifted toward older workers, and this trend is particularly strong at the very top of business organisations. This column