Image by pikisuperstar on Freepik, FALFor people living in the EU, the price of their next car, home renovation and even local produce may soon reflect a climate policy that many have never even heard of.
Make American shipbuilding great again (Masga) may sound like an effort by the US to bolster its economic strength and project power internationally, but Masga is not an American policy. It is a South Korean initiative that emerged following trade talks with the US in June.
The budget primary balance produced a surplus of 12.65 billion euros up to November, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
The ongoing dispute between the government and protesting farmers is taking a political toll on the ruling New Democracy party, according to the latest crop of opinion polls.
Standard General’s Soo Kim in talks over purchasing or investing in WBD’s television networks
Shareholder’s claims of impairments put billionaire investor Oliver Samwer’s stewardship back in the spotlight
A proposal from a cross-party group of politicians could break the deadlock with the country’s biggest bank
Vincent Gerbouin/PexelsMore of us than ever are trying to make environmentally responsible travel choices. Sustainable travel is now less niche and more mainstream, with 93% of travellers in one survey
saying they would consider sustainable choices.
Russia’s wartime economy is getting weaker as the war in Ukraine approaches its fourth anniversary, according to a recent report by PeaceRep, a research group led by the University of Edinburgh. The report, Against the Clock? Why Russia’s War Economy is Running Out of Time, finds that Russia is being forced to spend aggressively on the war, while its earning abilities have dropped significantly.
Sergio VillalvazoThis paper studies the cross-sectional dimension of Fisher's debt-deflation mechanism that triggers endogenous Sudden Stop crises-i.e., episodes with large reversals in the current account. Analyzing microdata from Mexico, we show that this dimension has macroeconomic implications that operate via opposing effects. First, an amplifying effect by which households with high leverage fire-sale their assets during crises, increasing downward pressure on asset prices.
