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
Europe’s emissions trading system is an ally, not an enemy, of industrial competitiveness
The 2026 review of the EU ETS must be anchored in facts and focus on the potential benefits of the system to EU competitiveness. The
India, UAE sign $3bln LNG deal, agree to boost trade and defence ties at leaders’ meeting
ADNOC Gas signs 10-year LNG deal with India’s HPCL. India signed a $3 billion deal on Monday to buy liquefied natural gas from the United
