Gold hits two-week high on safe-haven demand ahead of Fed policy
Gold prices rose to a two-week high on Tuesday as concerns over U.S. President Donald Trump’s tariff plans boosted interest in the safe-haven metal, while
US seeks to weaken global development finance efforts, UN document shows
The United States is seeking to weaken a global deal aimed at helping developing countries struggling with the impacts of climate change and other issues,
The unequal costs of carbon pricing in European regions
Carbon pricing has become a central tool in Europe’s strategy to mitigate climate change. This column presents new evidence on the impact of carbon pricing
Dollar steadies ahead of a string of macro litmus tests
It is down more than 4% on both the euro and the yen through April, though bounced at the end of last week on an
Developing world cities: Poverty traps versus pathways to prosperity
In higher-income countries, urban proximity has been shown to enhance workers’ skills and income, but less is known about low- and middle-income countries. This column
Resolving non-performing loans and zombie firms: A path to sustainable growth in Greece
During the Greek debt crisis, zombie firms and non-performing business loans peaked at 20% and 50%, respectively. This column examines the negative effects of ‘zombie’
Lumpy forecasts: Rational inaction in professional forecasting
Forecasts from professionals (economists, analysts, brokers, academics) are a key input into economic decision-making. This column highlights that professional forecasts are ‘lumpy’, often remaining unchanged
Miran, we’re not in Triffin land anymore
Stephen Miran, Chair of the US Council of Economic Advisers, claims that we live in ‘the world of Triffin’, meaning that foreign official accumulation of
