Central banks: uncertainty is the problem, not managing the trilemma

Regaining price stability is difficult but doable; the bigger problem facing central banks is economic uncertainty.

Why is the G7 expected to issue a joint statement condemning 'economic coercion'?

China and the US might not be decoupling but their technologies are bifurcating

Once the process of building alliances starts, it is hard to stop.

The problem with preferential trade agreements

Preferential agreements can be an alternative to a sclerotic WTO, but, if multilateral rules fail, they also risk conflict between trading blocs

Sanctions against Russia will worsen its already poor economic prospects

Sanctions, coming on top of longstanding domestic shortcomings, are gradually weakening Russia.

The longer-term fiscal challenges facing the European Union

Since 2020, the European Union has suffered two large shocks, which have created new fiscal challenges for the EU.