The digital euro: a solution seeking a problem?
When more than 1,000 demonstrators marched through the streets of Amsterdam in early February, they directed their ire at something that does not even exist:...
Author : Nelli Avetisyan
Yellen Warns US Paying Price as Negotiators Battle on Debt Limit – Bloomberg
Treasury Secretary Janet Yellen warned that the US is already paying a price for its failure to raise the federal debt limit, as talks between...
Are America’s regional banks over the worst of it? – The Economist
More people are paying attention to America’s regional banks than ever before. But it is difficult to work out the state of their balance-sheets. Recent...
EU approves Microsoft’s takeover of Activision Blizzard – The Guardian
The EU has approved Microsoft’s $69bn (£55bn) acquisition of the Call of Duty creator Activision Blizzard, in a move that drew immediate pushback from its...
World Leaders Warily Watch U.S. Debt-Limit Standoff – WSJ
World leaders, already struggling with inflation and rising interest rates, now face the battle over raising the U.S. debt limit as the latest risk to...
The race to bring generative AI to mobile devices – The Financial Times
The race is on to bring the technology behind ChatGPT to the smartphone in your pocket. And to judge from the surprising speed at which...
The aviation industry wants to be net zero—but not soon – The Economist
Flying is a dirty business. Airliners account for more than 2% of the annual global emissions from the burning of fossil fuels, many times commercial...
Central Banks’ Day of Reckoning Is Here
Despite the recent moderation in price increases, high inflation will likely continue to challenge Western economies for a long time. Against this backdrop, central banks...
ECB Seen Keeping Rates High for Longer Amid Sticky Core Prices – Bloomberg
The European Central Bank will hold interest rates at their peak for longer than previously thought as underlying inflation pressures persist, according to economists polled...
The Fed probably won’t cut rates anytime soon. Why that’s good news for markets – CNN
Wall Street is eager to see the Federal Reserve wind down its aggressive rate-hikingcycle that’s battered markets and tested investor morale. Althougha pause in interest...