Economy

The myth of the commodity shock: global money supply is soaring again

Finances Daniel Lacalle - April 20, 2026.

Global money supply is soaring again, while money velocity remains depressed and uneven across regions. This highlights a key point: commodities transmit relative price signals, but...

The end of neutral financing – how the role of the World Bank is changing

Economy Tomorrow's Affairs Staff - April 19, 2026.

This week, at the Spring Meetings of the IMF and the World Bank, Washington clearly set the direction: development financing is no longer a neutral...

A new era of communication infrastructure

Technology Elise Quevedo - April 19, 2026.

When Amazon makes a large investment announcement in satellite infrastructure, we pay attention. Last year, Goldman Sachs projected the global satellite market would exceed $100...

The World Needs an Oil Buyers’ Club

Energy Isabella M. Weber - Gregor Semieniuk - April 18, 2026.

The US blockade of maritime traffic entering and leaving Iranian ports in the Strait of Hormuz—a critical waterway through which Iran was previously preventing the...

Istanbul does not need to be Dubai; being Istanbul is enough

Turkey Emre Alkin - April 18, 2026.

Last week, we witnessed lively – at times shallow – debates about whether Istanbul and Turkey’s major cities could attract the capital fleeing Middle East...

Europe on the verge of a jet fuel crisis

Energy TA | AP Insight - April 16, 2026.

Europe has “maybe six weeks or so” of remaining jet fuel supplies, the head of the International Energy Agency said Thursday in a wide-ranging interview,...

Is the US Falling Victim to the Resource Curse?

Economy Jeffrey Frankel - April 16, 2026.

It would appear reasonable to expect that countries with huge natural-resource wealth (oil, natural gas, minerals, and even agriculture) would have a leg up on...

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