China is shipping more goods to Southeast Asia and other regions that often re-export them to the United States. China still sells three times as much to the United States as it buys.
Jorge MataWe’ve all been there – absentmindedly tapping a credit or debit card to pay for something at a shop, only to remember moments later there is a 2.99% surcharge.
These surcharges are extra fees added to the total when a shopper opts for credit card and contactless payment rather than swiping and entering a PIN with a debit card.
Tariffs on Indian exports to the United States will surge to 50 percent by late August, as part of an effort by President Trump to pressure Russia into resolving its war in Ukraine.
Chinese weapons are starting to show up in the world’s biggest conflict zones, underscoring its technological advancement and investment in this area.
In the 1990s and 2000s, Chinese weapons systems and military equipment were seen as being little more than imitations of old Russian or even Soviet systems. China was largely reliant on exports from Moscow and lacked the capacity to create its own systems.
oscargutzo/ShutterstockDigital nomads are everywhere. Working and living wherever they lay their laptops, there may be as many as 40 million people who earn their keep online while they travel the world.
Joonkyu Choi, Serguey Braguinsky, Yuheng Ding, Karam Jo, Seula KimWe provide evidence that mega firms have played an increasingly important role in shaping new technological trajectories in recent years. While the share of novel patents—defined as patents introducing new combinations of technological components— produced by mega firms declined until around 2000, it has rebounded sharply since then.
The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.
Have you ever noticed a sign in a doctor’s office saying that you may have to pay extra insurance costs if you discuss additional problems with your physician?
If so, you’re not alone. As health care spending continues to rise, providers are being asked to warn patients about any potential unexpected costs – for example, insurance charges for additional services at an otherwise fully covered annual wellness visit.
President Trump fired the head of the Bureau of Labor Statistics last week and described a jobs report that included a big downward revision as “rigged.”
Do climate stress tests affect bank credit supply to brown firms? Using a difference-in-differences approach and detailed data on individual bank loans in the euro area, this paper provides novel evidence on the effects of the ECB’s 2022 climate risk stress test. Despite no capital implications or public disclosures, participating banks significantly reduced credit to greenhouse gas-intensive industries relative to nonparticipants. Among affected firms, smaller borrowers were more negatively impacted.
