Germans and Americans are pessimistic about their economies. While the European Central Bank and Federal Reserve remain committed to fighting inflation, the ECB faces a much tougher task.

SDR-denominated bonds have the potential to significantly strengthen the balance sheet of both the IBRD (The World Bank) and IDA, freeing up cash and helping both institutions deliver on their mandat…

The peg that shall not be named, and all the trouble that creates.

It is hard to understand the global flow of funds without understanding the risks now being taken by Japanese, Taiwanese, and Korean life insurers.

To boost the Bretton Woods institutions, and parry challenges from Beijing, Washington should give up the World Bank presidency.

OMB issues new draft AI guidance; UK and U.S. accuse China of cyberattacks; Meta spied on Snapchat for three years; European Commission investigates four companies; Taiwan declares TikTok a national …

Low market valuations (i.e., price to book ratios) for euro area banks reflect market concerns over their capital cushions, opined the Bank of England just prior to last-year’s launch of the ECB s…