JPMorgan to invest up to $10 billion in US national security as part of $1.5 trillion pledge
JPMorgan Chase announced plans on Monday to hire bankers and invest up to $10 billion in U.S. companies considered critical to national security and economic resilience
Europe’s dependence on US foreign military sales and what to do about it
Europe’s reliance on US arms raises autonomy concerns, as security worsens and leaders aim to cut strategic and technological dependence. Worries about Europe’s dependence on
Bilateral trade in services: A new research database
While trade debates focus on tariffs and goods, services have quietly defied deglobalisation and become an increasingly important driver of growth. Services trade not only
Hidden growth in US manufacturing productivity
Manufacturing is a locus of innovation, yet standard industry data show manufacturing productivity stagnating in the US. This column argues that standard measurements understate true
The quiet engine of progress: Scholar networks before the Industrial Revolution
Since the Middle Ages and throughout the early modern period, European universities and academies established dense webs of interpersonal connections among scholars. Using historical data
Yen and euro struggle as Japan and France’s political dramas heat up
French political quagmire leaves euro at two-month lows. The yen stabilised on Friday but was still headed for its steepest weekly drop in a year
Convergence, not alignment: EU-China climate relations ahead of COP30
Trade and other tensions between the European Union and China should not be allowed to derail joint work to cut emissions. The COP30 United Nations
The tourism impact: Diversifying Saudi Arabia’s economy and creating jobs through culture
The Kingdom of Saudi Arabia (KSA) has a rich cultural heritage, and a wealth of natural assets like the colorful Red Sea and stunning desert
Integrating pollution registers for corporate climate-risk assessment
Corporate climate risk disclosures are costly and often a mere box-ticking exercise. In November 2024, the Omnibus Environmental, Social and Governance Regulation was announced in
How firms respond to import competition: Labour force reduction, product/industry switching, and off-shoring
As global trade has expanded, many studies have documented the level of impact of import competition on employment, but we know less about how firms
