• Loading stock data...
Climate Energy Environment

Decarbonisation cost shouldn’t fall to consumer, easyJet CEO says

 Decarbonisation efforts in the aviation sector will cost more money, but that cost should not fall to the consumer, easyJet Chief Executive Johan Lundgren said on Wednesday. He added that options to decarbonise, like creating sustainable aviation fuels, are not yet at scale and cost three to five times more than typical jet fuel. “Our […]

Energy Environment

German suppliers welcome Chinese EV makers’ European plans

 While Western carmakers look warily upon the European expansion plans of Chinese electric vehicle makers, major German auto suppliers are eager to expand on existing partnerships in China and provide those rising manufacturers with European-made parts. “Chinese manufacturers will adapt vehicles to the European market step by step through user experience and customer orientation,” Bosch […]

Finance Economy

Making sense of the European Commission’s fiscal governance reform plan

1 Introduction In April 2023, the European Commission published long-awaited proposals on reform of European Union fiscal governance – the system for monitoring the budgetary frameworks in EU member countries. The proposed reform is informed by two high-level principles: fiscal sustainability and national ownership. Unsustainable fiscal policies in EU countries pose risks for the smooth […]

Finance Economy Lifestyle

From glass ceilings to concrete walls: Exploring gender disparities in urban property ownership, wealth, and taxation

In vibrant cities with promises of economic prosperity, it’s easy to assume progress has touched everyone equally. However, a closer look reveals that urban landscapes are not always inclusive, especially for women, who face numerous challenges in property ownership , stemming from persisting social, cultural, and legal factors. In this context, a recent EFI Note, supported by […]

Economy Featured Healthcare

How the 1918 influenza pandemic affected voting in the Weimar Republic

Over the last three years, the Covid-19 pandemic has influenced the political debate and elections across the globe. This column seeks to broaden the debate by shifting the focus from the impact of health crises on incumbent governments to their effects on the broader political landscape. In the context of Weimar Germany, constituencies that experienced […]

Technology World

Loquacity and visible emotion: ChatGPT as a policy adviser

Can ChatGPT really outperform humans in complex, creative, tacit-knowledge writing tasks? This column asks the app to compose a policy brief for the Board of the Bank of Italy. ChatGPT can accelerate workflows by providing well-structured content suggestions, and by producing extensive, linguistically correct text in a matter of seconds. It does, however, require a […]

Technology News

Huawei’s new chip breakthrough likely to trigger closer US scrutiny, analysts say

Huawei Technologies’ breakthrough in making an advanced chip underscores China’s determination and capacity for fighting back against U.S. sanctions, but the efforts are likely very costly and could prompt Washington to tighten curbs, analysts said. Huawei unexpectedly unveiled the latest Mate 60 Pro smartphone last week during U.S. Commerce Secretary Gina Raimondo’s visit in China, as […]

Technology World

Dell shares hit record high after report, forecasts impress with AI in mix

 Shares in Dell Technologies Inc rose 22.2% and hit a record high on Friday after it raised full-year financial forecasts with boosts from artificial intelligence (AI) and stabilizing demand for computer hardware after a months-long slump. The stock last traded at $68.75 after hitting a peak of $70.28 while trading volume was 5.4 times its 10-day […]

Technology World

Britain sets priorities for November global AI safety summit

Britain set out its objectives for its global artificial intelligence (AI) safety summit on Monday, focusing on understanding the risks posed by the frontier technology and how national and international frameworks could be supported. The summit, which will be held on Nov. 1-2, will bring together tech executives, academics and political leaders as nations and […]

Technology Finance

Paytm’s Sharma open to increasing stake in Indian payments firm

Paytm founder Vijay Shekhar Sharma said on Monday he is open to increasing his stake in the Indian fintech firm if there are sellers, weeks after he became the largest shareholder in the company by buying stake from Chinese firm Antfin. Sharma, also CEO of Paytm, holds a 19.42% in Paytm after purchasing shares from Antfin amid broader […]