When risks stack up: Threats to global food markets in 2026

Global food commodity markets entered 2026 on a relatively stable footing, supported by ample grain and edible oil supplies. However, escalating conflict in the Middle
Not all reserves are born equal: Why the source matters for sovereign risk

Emerging market economies hold foreign exchange reserves to insure against currency crises and to cushion exchange rate movements. Reserves are generally associated with lower sovereign
The right balance: how to fix European Union artificial intelligence regulation

EU AI regulation should trade lower ex-ante burden for robust ex-post monitoring, judicial review and liability to curb harms without stifling markets. The European Union’s
How flexible work arrangements reshape mothers’ careers

Work from home expanded dramatically after the pandemic. This column presents evidence from Italy that this transformation may have reduced one of the most persistent
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
Macro-financial disconnect in the euro area: Assessing tail risks to euro area growth and equities

The euro area is experiencing a combination of low growth and persistently high policy uncertainty, but financial conditions are remarkably supportive and valuations now look
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
Changing tariff treatment and the exports of developing countries

Recent changes in the tariff policies of the US and China are likely to affect developing countries in complex ways. This column argues that pre-existing
The ‘silver spoon’ is becoming more important in the Netherlands

Wealthy parents influence their children’s wealth directly – such as through inheritances or gifts – and indirectly, through family and environmental factors. This column compares

