Pricing risks in bull and bear markets
Standard models of asset pricing assume that risky (safe) financial assets have higher returns because they have higher (lower) exposures to systematic risk factors. They
Part-time work slows the narrowing of France’s lifetime gender earnings gap
France has narrowed its gender lifetime earnings gap, but has not managed closed it. Despite legal guarantees, French women still earn 30% less than men
How the 2018/19 US tariffs against China boosted exports and employment in Mexico
In 2018 and 2019, the US administration hiked tariffs on imports from China. This column shows that imports from Mexico partly filled the gap, leading
Court rejects RBI challenge of ban on sale of Russian subsidiary
Raiffeisen Bank International said on Wednesday a Russian court had rejected its bid to lift an injunction banning the sale of its local subsidiary, frustrating efforts
Clean energy has fans in Trump’s America, complicating budget talks
In an industrial building in the Salt Lake City suburb of Clearfield, Utah, long strips of U.S.-made steel were fed through machines that punctured, bent
Renewable energy remains cheapest power builds as new gas plants get pricier
Renewable power like solar and onshore wind is the least expensive and quickest power generation source to deploy in the United States, even without government subsidies, Lazard said in a report
Russia boosts seaborne fuel oil exports to India and Turkey in May, data shows
Russia increased seaborne fuel oil and vacuum gasoil exports to India and Turkey in May as falling oil product prices attracted buyers, while the hot
Oil prices fall as US delays decision on direct Iran involvement
Oil prices fell on Friday, but remained on course for a third consecutive weekly rise, after the White House delayed a decision on U.S. involvement
European export finance needs a reboot
Different options of what a European architecture for ECAs could look like, and how they could be leveraged to serve European public goods. Export credit
How can Europe’s nuclear deterrence trilemma be resolved?
The United States under President Donald Trump has adopted an ambiguous position on European security. Although no immediate risk of abandonment is apparent, European countries are rethinking
