UAE VAT and excise tax collection jumps 15% in 2025 to $12.53bln
The growth in tax revenues underscores the strength of the UAE’s fiscal approach and its ability to sustain stable government resources: official. The UAE Ministry
G7 leaders pledge to enhance efforts to address global debt vulnerabilities
G7 leaders eye debt issues faced by middle-income countries. G7 leaders on Tuesday pledged to step up efforts to address high debt burdens among developing
When risks stack up: Threats to global food markets in 2026
Global food commodity markets entered 2026 on a relatively stable footing, supported by ample grain and edible oil supplies. However, escalating conflict in the Middle
The impact of trade wars on firms in third countries
Bilateral trade shocks may reallocate demand and competition across countries, creating spillovers for firms in bystander countries. To study how firms respond to trade shocks
The design and effect of tariff retaliation: Evidence from the EU
As global trade policy becomes increasingly protectionist, the threat of tariff retaliation looms large. This column analyses how the EU’s 2018 response to US steel
Fiscal rules compliance and sovereign borrowing costs: Some evidence from the euro area
Governments with well-designed fiscal rules generally enjoy lower yields but less is known about whether investors price compliance with these rules. Using a panel of
Planning for the rising fiscal costs of climate disasters
Low insurance coverage is turning EU governments into disaster insurers of last resort, strengthening the case for prevention and adaptation finance. Climate-related disasters are affecting
Closing the skills gap: why industry must help lead the way
The global economy is changing at extraordinary speed, and education and training systems are struggling to keep up. Artificial intelligence is transforming jobs almost overnight.
Europe must prepare for a possible oil supply crunch
With falling commercial and emergency oil reserves, Europe’s oil price shock could soon become a volume crisis – a scenario for which it must prepare.
Reciprocal sovereignty: A third constitutional tradition for Europe
The central constitutional question for Europe is how sovereign democracies can govern common goods together without creating a sovereign European state. This column proposes reciprocal
