Sudden stops in the euro area
Internal balance-of-payment crises should be taken as a strong signal of weakness and a wake-up call to reform euro area structures The single currency was
Behind the scenes: How we work with creditors on debt transparency
Earlier this year, the World Bank conducted the second round of a Data Sharing Exercise with G-7 and Paris Club creditors. This is the first large-scale
Turning knowledge into action: Scaling solutions for disaster risk
Knowledge, especially practical, hands-on know-how, is essential for countries to tackle development challenges and to build resilience to disasters and shocks. One of the most
Recent patterns in global risk behaviour in financial markets
Following the US tariff announcements in early April, the US dollar strongly depreciated while US Treasury yields rose. This column zooms in on the April
Italy and the cost of unintelligible laws: 110 billion euros a year
Over the past 30 years, laws in Italy have become longer, more convoluted, and frequently unintelligible even to seasoned legal professionals. This column exploits variation
Oil steadies ahead of US-Russia talks
Oil prices steadied on Monday, after falling more than 4% last week, as investors looked towards talks this week between the U.S. and Russia over
Britain’s AI hopes face harsh reality of high electricity costs
Britain’s ambition to rev up its economy and tap the AI revolution faces the harsh reality that the abundant, clean and reliable electricity supply this
Europe’s old power plants to get digital makeover driven by AI boom
Some of Europe’s ageing coal and gas fired power plants can look forward to a more high-tech future as big tech players, such as Microsoft
Why the oil market is tight despite big OPEC+ output hikes
OPEC+ oil producers have used high summer demand to launch their first output increases in three years, but those targets have proved difficult to hit,
Next Decade secures $1.8 billion funding from Total Energies, GIP for Rio Grande LNG project
U.S. liquefied natural gas developer Next Decade will receive up to $1.8 billion in equity commitments from Total Energies and Global Infrastructure Partners to finance a fourth
