Dubai developer Emaar turns to ‘big countries’ for M&A opportunities
Company looks to US, India and China after domestic property price boom leaves it with cash to spend and little debt
Hyundai ICE Raid Detained Workers With Short-Term Business Visas
Last week’s immigration operation at a battery plant highlighted a tactic that companies use to bring in foreign workers to establish new operations.
How Howard Lutnick Is Using Government Power to Pressure Private Companies
Commerce Secretary Howard Lutnick has been putting the squeeze on companies and trading partners in an unusual effort to raise revenue and expand the president’s role over the economy.
After Angela Rayner’s exit from government, what’s the future for employment rights in the UK?
CandyBox Images/ShutterstockAfter the resignation of Angela Rayner, the UK government faces an urgent question: what will happen to its flagship employment rights bill?
The ‘Gaza Riviera’ is a fantasy plan that relies on urbicide and expulsion
The majority of Gaza's urban sites will have to be rebuilt from the ground up. Anas-Mohammed/ShutterstockThe US and Israel have sparked international condemnation over their leaked vision for the reconstruction of a shattered Gaza. The urban development plan seems to have evolved since its emergence earlier in the year.
Energy drives import price drop of 2.1 pct YoY in July
Greece’s import price index remained in contraction in July, with a drop of 2.1 percent year-on-year (YoY), after a 4.7 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
Wages grew by 8.7 pct YoY in Q2 thanks to strong seasonal hires
Greece’s seasonally adjusted (SA) Wages Index grew by 8.7 percent year-on-year (YoY) in Q2, from 6.2 percent in the first quarter of 2025, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
The causal effect of inflation on financial stability, evidence from history
In contrast to the conventional Fisherian view that inflation reduces real debt positions, we show that significant increases in inflation are strongly associated with financial crises. In the spirit of Jordà et al. (2020), countries with free and fixed ex-change rates can be compared to difference out the confounding reaction of monetary policy. Across a dataset of 18 advanced economies over 151 years, we show that the impact of inflation extends beyond its indirect effect via monetary policy.
The causal effect of inflation on financial stability, evidence from history
In contrast to the conventional Fisherian view that inflation reduces real debt positions, we show that significant increases in inflation are strongly associated with financial crises. In the spirit of Jordà et al. (2020), countries with free and fixed ex-change rates can be compared to difference out the confounding reaction of monetary policy. Across a dataset of 18 advanced economies over 151 years, we show that the impact of inflation extends beyond its indirect effect via monetary policy.
Buffer usability in a complex world: Interactions between macroprudential regulation and the resolution framework
This paper explores the interplay between the risk- and leverage-based prudential and the resolution frameworks within the EU banking system. The prudential framework is designed to enhance the resilience of both individual banks and the banking sector as a whole. It does so by imposing minimum capital requirements and capital buffers that can absorb losses during periods of financial stress.
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