HSBC to cut 10% of its workforce in France
HSBC plans to cut 348 jobs in France through a voluntary redundancy scheme, amounting to about 10% of its workforce in the country, the bank said
Going bigger, faster, together: Unlocking Eastern and Southern Africa’s digital future
Imagine getting to work on a program that will bring internet access and digitally enabled services to 180 million people. Opportunities like these illustrate the
Crude realities: Shaky balance in oil’s supply and demand shifts
The first four months of the year have been turbulent for oil markets. Brent crude oil plunged by more than $12 per barrel ($/bbl) in
The Commodity Markets Outlook in eight charts
The views expressed in the Let’s Talk Development blog are solely those of the author(s). Commodity prices are projected to decline in 2025, driven by
Agreed and disagreed uncertainty: Rethinking the macroeconomic impact of uncertainty
The conventional wisdom is that uncertainty leads to economic contractions, but recent evidence challenges this assumption. This column introduces two novel concepts of uncertainty –
When illusions of wealth shape the economy: Understanding pseudo-wealth, macroeconomic volatility, and social welfare
Pseudo-wealth is a perception of wealth that is not backed by real economic resources. When people have widely different beliefs, they create ‘wealth’ through betting.
Oil prices climb 2% to two-week high on US-China tariff reductions
Oil prices climbed about 2% to a two-week high on Monday after the U.S. and China agreed to temporarily slash tariffs, raising hopes of an
Exchange rate uncertainty, tariff hikes, and adjustment costs
The recent shift in trade policy by the new US administration is impacting global trade and creating volatility in financial markets. This column quantifies the
Big news missing the big picture: Stock market performance in the news
The performance of stock markets often appears worse in the daily news than it actually is. This column argues that this negative news bias arises
Oil prices up ahead of Sino-US trade meeting
Oil prices were up slightly on Friday, after rising about 3% in the previous session, as trade tensions between top oil consumers U.S. and China
