The state of competition: Why market power has risen – and why antitrust alone won’t fix it

There is intense debate over the origins and implications of rising market power and declining business dynamism across developed economies. This column argues that a
Global M&A deals hit $4.8bn on strong tech and AI deals

Technology M&A, powered by AI-related deals, was in the vanguard of the year’s surge in merger activity. A potent rebound in global M&A is on
How resilient is Russia’s economy after four years of war?

Resilience in Russia’s 2022–25 economy is fading as war spending slows growth, entrenches inflation and amplifies structural fragilities. In 2022-2025 the Russian economy demonstrated resilience
US dollar close to multi-week lows versus euro and yen before US data

Euro supported by ECB’s stance and strong economic data. Euro supported by ECB’s The U.S. dollar hovered around multi-week lows against the euro and yen
Gold edges down as investors turn cautious ahead of year-end US data

US Nov non-farm payrolls, unemployment rate data. Gold prices slipped on Tuesday, as investors turned cautious ahead of key U.S. jobs and inflation data, which
Gold edges down as investors turn cautious ahead of year-end US data

US Nov non-farm payrolls, unemployment rate data. Gold prices slipped on Tuesday, as investors turned cautious ahead of key U.S. jobs and inflation data, which
EU securitisation needs a more market-based approach

The EU is updating its regulations on securitisation, but it still has a long way to go if it wants to emulate the strengths of
Bank recapitalisation versus firm support: A fiscal criterion for crisis policy

Governments routinely invest in private firms. This column argues that these investments have powerful effects on an economy’s crisis resilience, and that those effects depend
Europe has a solid basis for battery and electric vehicle manufacturing growth

Europe is successfully building up battery and EV manufacturing capacity, though mainly thanks to foreign investment. Batteries and electric vehicles (EVs) contribute to Europe’s energy
US dollar close to multi-week lows versus euro and yen before US data

Euro supported by ECB’s stance and strong economic data. Euro supported by ECB’s The U.S. dollar hovered around multi-week lows against the euro and yen

