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Economy Featured Social Security World

Migration flows from the Western Balkans to Germany: implications and recommendations

Migration to Germany is shaping the Western Balkans for better and worse, highlighting the need for reforms to harness benefits and mitigate drawbacks. Migration has long shaped the demographic and economic realities of the Western Balkans, with Germany emerging as the primary destination for emigration. Since the 1990s, persistent emigration, combined with negative natural population […]

Finance Banking Business Featured

Dollar choppy after Fed decision; pound steady after BoE keeps rates steady

The pound initially edged up after the BoE’s decision, but pared those gains to trade slightly lower on the day at $1.3622. The U.S. dollar was choppy on Thursday as traders parsed the Federal Reserve’s measured stance on further interest rate cuts, while sterling held steady as the Bank of England kept rates steady and […]

trade Business Featured News World

Why some countries win in world trade: Unpacking export competitiveness

Global export competitiveness is rapidly evolving. This column presents a novel granular decomposition of export market share changes into demand and supply effects. Applied to Germany, it reveals steep supply‑side losses in medium-/high‑tech and energy‑intensive goods driving recent market share declines. Meanwhile, China continues to gain competitiveness in medium-/high‑tech exports, even as adverse demand pulls […]

Agriculture Featured News World

Soybeans, corn fall on China demand worries, US crop tour awaited

Expectations a closely-watched crop tour in the United States this week will boost expectations of large U.S. corn harvest also weakened corn Chicago soybean and corn futures fell on Monday, pressured by favourable U.S. weather and concerns over low export demand as trade tensions between the U.S. and top buyer China continued. Expectations a closely-watched […]

Agriculture Featured News World

Wheat near five-year trough, corn at contract lows as supply weighs

The most-active wheat contract on the Chicago Board of Trade was down 0.2% at $5.15-1/2 a bushel. Chicago wheat futures eased on Tuesday to approach their lowest since 2020 as seasonal supply pressure from Northern Hemisphere harvests weighed on the market. Corn edged down to set fresh contract lows, with steady U.S. crop conditions and […]

World Featured Finance News trade

How European consumers respond to US tariffs

Faced with the prospect of the US government imposing higher trade tariffs, European consumers are rethinking what they buy. This column explores how European consumers are reacting to the 2025 US tariff hikes and the reasons behind their responses. European consumers are very willing to switch away from US products, and the more they earn, […]

trade Climate Environment Featured News

Services trade and environmental sustainability

There is growing recognition that the specific characteristics of services sectors and services trade have important environmental implications. For example, services trade can foster technological advancements and solutions that reduce the environmental footprint of economic activities. This column presents empirical evidence that reducing policy restrictions on imported services inputs lowers the emissions intensity of downstream […]