Wall Street’s bull market nears three years old; history shows it may still have life
The U.S. stock market’s bull run is almost three years old, but if history is a guide, that would make it only middle-aged. The S&P
Empowering adult learners: Navigating digital skills in the AI era
According to the World Bank, one-third of the global population, roughly 2.6 billion people, live in “digital darkness,” meaning they lack access to the internet. Even European Union
Egypt’s annual inflation slows to 11.7% in September
Annual inflation has plunged from a record high of 38% in September 2023. Egypt’s annual urban consumer price inflation slowed to 11.7% in September from
Central Bank of UAE gold reserves exceed $8.17bln for first time
By the end of August, the value of the reserves reached $8.26bln, compared with $6.26bln at the end of December 2024. The Central Bank of
IMF chief says global economy doing ‘better than feared,’ risks remain
IMF Managing Director Kristalina Georgieva said the U.S. economy had dodged a recession feared by many experts just six months ago. The world economy has
Global merchandise trade tops expectations in H1
WTO economists raised the 2025 merchandise trade growth forecast to 2.4%. Global merchandise trade outpaced expectations in the first half of 2025, driven by increased
The enormous economic burden of age-related diseases in South America
As populations age, noncommunicable diseases and mental health conditions are draining South American economies, reducing labour supply and diverting resources from investment. This column presents
Rational inattention and information provision experiments
Surveys with information provision experiments have become popular in economics. This column introduces an information provision experiment in a model of rational inattention – where
Bank climate commitments and green lending in emerging markets
The low-carbon transition requires substantial financial mobilisation, yet it is unclear whether banks’ public climate commitments represent real change or simply greenwashing. This column uses
Intangible capital in France and Germany: Measurement issues and their impact on productivity
Closing the productivity gap between the US and Europe will require large investments in intangible capital and new technologies. Using 1995-2021 data from the 2025
