Oil steadies on supply risks, OPEC+ output increase
Oil prices held steady on Wednesday after the U.S. barred Chevron from exporting crude from Venezuela, but an expected decision from OPEC+ later this week to
EU almost on track to reach 2030 climate goal
The European Union is nearly on track to reach its main climate target for this decade, with countries’ existing CO2-cutting plans set to bring the
US drops COVID vaccine recommendation for healthy kids, pregnant women
The U.S. has stopped recommending routine COVID-19 vaccinations for pregnant women and healthy children, Health Secretary Robert F. Kennedy Jr announced in a social media
US banks tiptoe toward crypto, awaiting more green lights from regulators
Big U.S. banks are holding internal discussions about expanding into cryptocurrencies as they get stronger endorsements from regulators, but initial steps will be tentative, centering on pilot
India-China rapprochement: what are the long-term prospects?
Despite signs of cautious improvement, India-China relations remain deeply strained by border tensions and mutual distrust. China-India relations, which have long been fraught, were further
When upskilling is good but not enough: Understanding labour shortages through a job-quality lens
Advanced economies are still experiencing labour shortages in the aftermath of the COVID-19 pandemic. This column examines the high labour shortages across OECD countries, focusing
Tariffs and retaliation: A macroeconomic analysis
Implementation of the “Liberation Day” tariffs on the US’ trading partners would have far-reaching consequences for international trade patterns and the US and global economies.
Fed communication for all – but understood by few
Central banks use communication to influence inflation expectations, with varying effectiveness. This column examines how professional forecasters and households respond to inflationary pressure warnings in
Geopolitical risks and the effectiveness of the EU cohesion policy
Geopolitical issues are flooding current political and economic debate, but evidence is limited on their interplay with structural policies. Combining information on geopolitical risks and
Eleven countries demand EU weakens deforestation law further, document shows
The European Union is facing further pressure from member countries to delay and weaken its upcoming law to restrict deforestation, with 11 governments demanding changes,
