Economy

Why are European banks losing the race?

Finances Howard Davies - July 31, 2026.

A quarter-century ago, each of the five biggest European Union banks had a market capitalization larger than that of the biggest US bank. Now the market...

The latest wave of Trump’s tariffs continues to harm America's economy

Economy Joseph E. Stiglitz - July 30, 2026.

Here he goes again. US President Donald Trump is increasing and decreasing tariffs willy-nilly, violating international agreements that he himself signed and almost surely violating...

Is the AI boom a threat to financial stability?

Economy Brian Judge - July 28, 2026.

US Federal Reserve Chair Kevin Warsh recently announced a new task force that will “survey the pace, the reach, [and] the economic impact of new...

What lies behind soaring petrol and diesel prices in Europe?

Economy Daniel Lacalle - July 27, 2026.

When a consumer buys a litre of petrol or diesel, the purchase is not just fuel. It is, above all, a tax payment. And in...

Hong Kong beneath the surface - just another big Chinese city

Economy Stephen S. Roach - July 26, 2026.

Hong Kong deserves credit for putting up a fight. In the nearly two and a half years since I expressed the apparently controversial opinion that...

Europe's humanoid robotics momentum

Technology Elise Quevedo - July 26, 2026.

I don't remember a year when I have written so many notes about robotics. Almost every week in 2026 seems to bring another announcement. One week,...

Electric cars are no longer toys for rich countries

Economy Emre Alkin - July 25, 2026.

The latest data from the International Energy Agency shows that electric mobility has passed an important threshold. Electric vehicles are no longer just a story of...

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