The risk of tariffs as a tool to attract manufacturing investment
Recent tariff increases have sparked a debate over whether trade protectionism can effectively attract foreign investment. This column analyses how firms adjust their investment strategies
Bank of Israel cuts interest rates by 25 basis points
The central bank’s benchmark rate was reduced to 4.00% from 4.25%. The Bank of Israel unexpectedly cut its short-term interest rate by 25 basis points
European stocks rise, dollar steadies as markets look past Venezuela turmoil
Euro zone government bond yields dropped after the data, with the benchmark ten-year German yield at 2.8561%. Stock markets continued to rally in early European
Gold gains as geopolitical risks and Fed rate-cut bets boost demand
Maduro pleaded not guilty on Monday when he appeared in a New York court on charges of narco-terrorism and possession of machine guns and destructive
India forecasts 2025/26 economic growth at 7.4%
The Indian economy grew 6.5% in 2024/25 and 8.2% in 2023/24. India’s economy is expected to grow 7.4% in the fiscal year ending in March,
Japan seeks power to order divestment of foreign acquisitions
The step was among a raft of proposals for revisions to the Foreign Exchange and Foreign Trade Act submitted on Wednesday by a finance ministry
Multinational firms and global innovation
Multinational companies are at the heart of two key globalisation trends: the fragmentation of production and the internationalisation of innovation. This column studies the global
Two decades of Chinese industrial subsidies
China’s industrial policy has become a central flashpoint in global trade debates, yet systematic evidence on what China actually does remains scarce. This column reveals
Drivers of international primary income balances
Financial globalisation since the 1990s has led to large holdings of cross-border assets and liabilities in many countries. This column analyses the yields on assets
The digital euro: Awareness, adoption, and household portfolios
Several central banks are pursuing plans to potentially introduce a central bank digital currency. This column uses survey data covering the 11 largest euro area
