US consumer savings from shale gas
Shale gas was initially hailed as a “revolution”, but the vast amounts of US natural gas production made possible by hydraulic fracturing and what this
The global minimum tax: More winners than losers – even without the US
A landmark shift in the international corporate tax system is taking shape. The introduction of a 15% global minimum tax aims to reduce profit shifting
Europe needs a strategy to close the artificial intelligence compute gap
In its bid to compete with the US on AI, Europe could learn from both China and from the classic Airbus industrial policy case. The
The dollar’s status through the lens of foreign exchange reserves
The US dollar’s share of global foreign exchange reserves has fallen since the 1990s. This column argues that changes in aggregate reserve shares conflate two
Understanding the global clean tech manufacturing slowdown
Investment in clean technology manufacturing facilities is falling worldwide. After peaking at $70 billion in 2023, quarterly manufacturing investment more than halved to $35 billion
When public money multiplies, and when it does not: A guide to the catalytic effect of blended finance
Achieving sustainable development goals needs blended finance, where public money is used to crowd in larger private capital flows. The catalytic multiplier is a central
Six ways to make tourism projects work for people, places, and prosperity
Tourism generates 10 percent of global GDP and supports 1 in 10 jobs worldwide. Because of this, it’s a key sector of interest for the
The future is under the glass
Digital design increasingly confers a competitive edge in global tech markets. This column examines how the award to Apple of damages for, among other things,
How the tariff war shock affected the ‘safe asset’ privilege of US Treasuries
US Treasury securities serve as the global safe asset due to their extreme safety and liquidity. However, the tariff shock in April 2025 led to
Vision 2030 projects may drive corporate loans by Saudi banks to $75bln in 2026
Bank profitability will remain strong this year despite lower interest rates, says S&P. Saudi banks are expected to extend $65-$75 billion in new corporate loans
