Taiwan foreign minister to visit Texas to boost trade ties

Taiwan’s foreign minister will visit the U.S. state of Texas to speak at a forum on artificial intelligence (AI) and promote business and trade ties,
Goldman Sachs sees 410,000-bpd hike in OPEC+ June supply

Goldman Sachs on Friday said it expects OPEC+ to announce a second consecutive increase in supply for June on Saturday, due to modest compliance from Kazakhstan, lower-than-expected
Oil rises 1% as price drop triggers buying; oversupply worries weigh

Oil prices rebounded over 1% on Tuesday with technical rebound and dip buying after a drop in prior session by OPEC+ decision to accelerate increases
Roaring tariffs: The global impact of the 2025 US trade war

Sweeping US tariff increases in 2025 are upending global trade. This column draws on new data and simulations to show that, even with partial suspensions,
Avoiding Kindleberger’s trap: A dollar coalition of the willing

In the event of dysfunction in dollar funding markets, the Federal Reserve can supply liquidity through standing central bank swaps. This column considers a scenario
Why monetary policy should crack down harder during high inflation

The recent surge in inflation has led to a significant increase in the frequency of price changes. This column argues that price flexibility has an
Short-term labour mobility drives innovation in Africa

A growing body of research highlights the importance of mobility in the global knowledge economy, but has largely focused on high-income countries. This column addresses
The unequal costs of carbon pricing in European regions

Carbon pricing has become a central tool in Europe’s strategy to mitigate climate change. This column presents new evidence on the impact of carbon pricing
How an oil price crash sparked clean innovation: Insights from Norway

The transition to clean energy will require a significant reallocation of technological investments away from fossil energy sources towards cleaner alternatives. This column investigates whether
Effects of monetary policy on labour income: The role of the employer

How do monetary policy shocks affect workers’ wages and employment? This column looks at the role that firms play in determining the wage and employment

