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trade Economy Featured News World

European exports in geopolitical storms

With demand from US and China weakening, the EU can boost trade by focusing on other markets and strengthening global partnerships. The global trading system is undergoing profound changes, and current developments in the US and China will have significant implications for the European economy. Both countries were at the heart of globalisation but are […]

Finance Banking Featured News World

US dollar stablecoin mercantilism is an opportunity to promote payment multilateralism and the international role of the euro

The EU and the US have taken starkly different approaches to the regulation of new monies issued using distributed ledger technology. The current US administration prefers dollar-backed stablecoins, with the aim to reinforce dollar dominance worldwide. This column argues that dollar-pegged stablecoins pose a risk for the EU, but the current legal framework can ensure […]