Higher financing costs can weaken households and businesses without causing a financial crash. The danger is that policymakers mistake protected markets for a healthy economy. Central...
On 14 September in Vienna, the President of the European Central Bank, Christine Lagarde, warned that Europe’s dependence on foreign artificial intelligence systems could soon...
A write-off is not a gift. It is the official recognition that the issuer cannot pay. Jean-Luc Mélenchon has found the perfect campaign promise, one that...
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...
On 7 July, the European Central Bank gave Eurozone banks until 31 October to demonstrate how they will defend themselves against cyberattacks accelerated by artificial...
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