Human capital formation as a key component in Europe’s defence build-up
Government spending on defence, particularly defence R&D, can have significant economic spillovers. This column argues that the forthcoming European defence build-up must include a long-term
Exchange rate uncertainty, tariff hikes, and adjustment costs
The recent shift in trade policy by the new US administration is impacting global trade and creating volatility in financial markets. This column quantifies the
Recent trade policy actions: Insights from multiple models
Recent tariff measures by the US and countermeasures by its trading partners have dominated global policy debates. Using three economic models, this column shows how
Big news missing the big picture: Stock market performance in the news
The performance of stock markets often appears worse in the daily news than it actually is. This column argues that this negative news bias arises
Working from home boosted growth by expanding disability employment
Individuals with a disability have remarkably low employment rates compared to the rest of the population. This column examines whether the rapid rise in the
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 prices up ahead of Sino-US trade meeting
Oil prices were up slightly on Friday, after rising about 3% in the previous session, as trade tensions between top oil consumers U.S. and China
The impact of international economic sanctions on informal employment
Economic sanctions have become an increasingly common instrument of foreign policy, promoted as a non-violent alternative to military intervention. However, their effects on labour markets
Global debt hits record of over $324trln, says IIF
The Institute of International Finance (IIF) said China, France, and Germany were the largest contributors to the global debt increase, while debt levels declined in
Amazon to spend $4bln on cloud infrastructure in Chile
Amazon’s cloud computing division will invest $4 billion to build its first data centers and other cloud infrastructure in Chile, the company’s head of South
