Checking in on New England’s fishing industry 25 Years after ‘The Perfect Storm’ hit movie theaters
Filming 'The Perfect Storm' in Gloucester Harbor, Mass.
Why power skills – formerly known as ‘soft skills’ – are the key to business success
What does it take to lead through complexity, make tough decisions and still put people first? For me, the answer became clear during a defining moment early in my career – one that changed my path entirely.
Today I am a business-school educator, but I began my career in the corporate world. I faced a challenge so intense that it motivated me to go back to school and earn a Ph.D. so I could help others lead with greater purpose and humanity.
Why power skills – formerly known as ‘soft skills’ – are the key to business success
What does it take to lead through complexity, make tough decisions and still put people first? For me, the answer became clear during a defining moment early in my career – one that changed my path entirely.
Today I am a business-school educator, but I began my career in the corporate world. I faced a challenge so intense that it motivated me to go back to school and earn a Ph.D. so I could help others lead with greater purpose and humanity.
Parties square up for latest Tempe inquiry with ND expected to easily dominate proceedings
The latest chapter in the political clash over the Tempe rail accident is set to kick off on Wednesday with the opening session of the preliminary inquiry focussing on possible criminal charges against former transport minister Kostas Karamanlis.
A decade of borrower-based measures in the banking union
Borrower-based measures (BBMs) are critical tools in the banking union’s macroprudential policy frameworks. They are designed to promote sustainable lending practices and strengthen the resilience of borrowers, lenders and the broader economy. Over the past decade, the adoption of BBMs has significantly increased across countries in the banking union, likely reflecting their effectiveness.
Residential real estate (RRE) lending standards: determinants and financial stability implications
This article looks into residential real estate (RRE) lending standards, focusing on their key determinants and assessing the implications of loose lending standards for financial stability and the real economy. Two key insights emerge. First, lending standards tend to be procyclical – i.e., they become looser during economic upturns and tighter during downturns. Second, loose lending standards amplify the effects of negative housing market shocks on the real economy and heighten financial stability risks via an increase in the probability of default of households.
Strong income tax revenues and contained spending maintain budget outperformance in May
The budget primary balance was confirmed at a surplus of 5.34 billion euros up to May, compared to a surplus of 3.2 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Wednesday.
PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
The Parliamentary Budget Office (PBO) published its quarterly report on Tuesday, where the stable economic outlook and the solid fiscal performance were reaffirmed, though the PBO does see challenges mostly due to geopolitical instability and trade-related tensions.
New industrial strategy brings Rachel Reeves’ securonomics to life – but will it protect Britain from more supply chain shocks?
Peter Titmuss/ShutterstockBrexit, COVID, the war in Ukraine and now Trump’s tariffs have all highlighted how vulnerable life in the UK is to disruptions in trade.
UK plan to cut energy bills for industrial firms threatens to leave small businesses out in the cold
The UK government aims to cut energy bills for large businesses by up to a quarter over four years, thanks to a £2 billion investment within its new industrial strategy. The aim is to make British manufacturers of steel, cars, chemicals, glass and other industrial sectors more competitive with foreign firms.
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