Why Europe needs Eurobonds

The 2024 reform of the EU fiscal framework makes fiscal adjustment more country-specific and less procyclical. However, it does not eliminate two fundamental tail risks:
Samsung Electroncis to announce more than $72bln shareholder return programme, media reports

Samsung will spend 50% of its free cash flow on the new programme Samsung Electronics is set to announce a new shareholder return policy later
Alphabet raises $3.9 billion in inaugural Australian dollar bond

Alphabet has raised A$5.5 billion ($3.89 billion) via its inaugural Australian dollar debt issuance, according to a term sheet seen by Reuters, adding to the hectic
The world is urbanizing fast — the window to get it right is narrowing

The most important urban decisions of this century are being made right now, mostly in cities you’ve never heard of. Today, 4.7 billion people, about
Tracking the changing role of foreign direct investment and remittances—check the latest WDI data

For decades, foreign direct investment (FDI) was seen as the primary engine of development finance. But that’s changing, as FDI flows fall off and remittances
HSBC sells $25 billion Australian home and personal loan portfolio to Blackstone

HSBC , is selling its A$36 billion ($25.30 billion) Australian home and personal loan book to global asset manager Blackstone in the world’s largest-ever home loan portfolio
From learning to earning: an AI career coach for students choosing what comes next

“Before I met Gallito, I had no real idea what I wanted to do.” The student who said it attends a public school in Lima, months
Digital banks, social media, and the competition for deposits

The rapid digitalisation of banking and the widespread use of social media are transforming competition for retail deposits. Using US branch-level data, this column shows
When trust in official statistics declines

Trust in official economic statistics has become an increasingly salient policy issue, including in the US where the Commissioner of the Bureau of Labor Statistics
Europe’s ungoverned space: Military AI and the autonomy that cannot be bought

European defence ministries and intelligence services run on infrastructure they do not control and cannot independently audit – a situation highlighted by the US administration’s

