Measuring Exploitation in the Global Economy
Who gains—and who loses—from global capitalism?
Driverless taxis are heading to the UK, but it’s still not clear who to blame when something goes wrong
Driverless in San Francisco. Tada Images/ShutterstockDriverless taxis are a bit like buses. You wait ages for one, and then a fleet arrives all at once. The US firms Waymo and Uber have both said their vehicles will be on the streets of London in 2026.
Farmers and supermarkets worry that extreme weather will stop food getting to consumers – here’s what needs to change
www.hollandfoto.net/ShutterstockStorm Amy with its gusts of nearly 100mph brought heavy rain, fallen trees, and transport disr
‘Mindful gifting’ could be the kindest thing you do for yourself and others this Christmas
Mr. SEPTEMBER/ShutterstockThis year’s Christmas advert from UK department store John Lewis is notable for its emotional impact and captivating storytelling. In it, a middle-aged former raver is gifted a vintage vinyl record by his son. The focus is on this fairly modest gift, which quietly speaks a language of love amid the noise and excess of the festivities.
‘Is my boss a narcissist?’ How researchers look and listen for clues
Between the public extravagances of today’s business icons and the recent trials of prominent CEOs, narcissistic managers have firmly taken the spotlight.
Electricity propels 6.4 pct YoY jump in Oct industrial production
Greece’s Industrial Production Index (IPI) recorded another solid growth in October with a rise of 6.4 percent year-on-year (YoY) drop, after a jump of 7.3 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
Financial integration and the transmission of monetary policy in the euro area
We study how financial integration shapes the transmission of monetary policy to consumer prices and output in the euro area. Using local projections, we document that the effect of financial integration is continuous: greater integration systematically strengthens the pass-through of monetary policy. When integration falls to low levels—around the first quartile of its historical distribution— transmission to both prices and output becomes statistically and economically insignificant. The amplification pattern is pervasive across member states and more pronounced in peripheral economies.
Financial integration and the transmission of monetary policy in the euro area
We study how financial integration shapes the transmission of monetary policy to consumer prices and output in the euro area. Using local projections, we document that the effect of financial integration is continuous: greater integration systematically strengthens the pass-through of monetary policy. When integration falls to low levels—around the first quartile of its historical distribution— transmission to both prices and output becomes statistically and economically insignificant. The amplification pattern is pervasive across member states and more pronounced in peripheral economies.
Trump Defends Tariffs Amid Growing Concerns Over Affordability
The president rolled out a $12 billion bailout for farmers as he makes the case that his policy is working — or will soon.
Farmers anger resonates with public as government struggles to resolve dispute
As the government struggles to contain the farmers’ mobilisation, which is seen as highly challenging to resolve, a new opinion poll has indicated that there is deep public sympathy for farmers.
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