Until the end of October, China had refused to purchase a single soya bean from the US’s 2025 harvest. It usually spends tens of billions of dollars on the crop, which is a key ingredient in animal feed, so the boycott hit US farmers hard – and affected food systems far beyond US and Chinese borders.
Some 42 million Americans rely on SNAP benefits to put food on the table. Robert Nickelsberg/Getty Images NewsThe Supplemental Nutrition Assistance Program has helped low-income Americans buy groceries for decades with few disruptions.
Greece’s trade deficit fell sharply by 13.6 percent year-on-year (YoY) in September, after a drop of 18.8 percent in August, according to data released by ELSTAT on Friday.
The SONIA Stakeholder Advisory Group supports the Bank’s administration of SONIA by providing advice and technical input to the Bank and the SONIA Oversight Committee
This Market Notice confirms that the previously announced increase to the minimum spread over Bank Rate on bids against Level A collateral in the Indexed Long-Term Repo (ILTR) operation will take effect from 17 November 2025.
National Bank of Greece (NBG) reported a profit after tax of 979 million euros in 9M 2025, compared to a profit of 1.06 billion euros in 9M 2024, a drop of 7.9 percent year-on-year (YoY).
Greece has taken a decisive step onto the global energy stage, signing a landmark offshore gas exploration agreement with ExxonMobil, Energean, and HelleniQ Energy during the opening day of the sixth Partnership for Transatlantic Energy Cooperation (P-TEC) forum in Athens on Thursday.
In this paper we explore the role of the temporary and country-specific Additional Credit Claims (ACC) frameworks as a monetary policy implementation tool. We discuss their evolution and provide a novel and detailed description of all ACC measures adopted by the different euro area NCBs since 2012. Reviewing the literature, we document the channels through which ACCs contributed to liquidity distribution during the euro area sovereign debt crisis, the negative interest rate period and the pandemic.
Women are increasingly occupying top leadership roles across organisations, political parties and even nations. This may seem unequivocally like a good thing. Yet, many of these roles are undertaken in precarious circumstances, with inherent risks that might make them unattractive to men.
David M. Arseneau, Elizabeth Klee, Antonis Kotidis, and Michael SiemerThe Bank Term Funding Program (BTFP) was an emergency liquidity facility set up by the Federal Reserve in March 2023 following the failure of Silicon Valley Bank which experienced a classic bank run driven by weak fundamentals.
