GIS-Reports

While the U.S. and the euro area appear to have avoided the worst, much depends on how central banks will react to unanticipated news in the coming months.

Despite Western sanctions and volatile prices, Russian oil exports proved resilient last year. The global oil market may face different challenges in 2023.

Though some believe punishing “profiteering” with higher taxation is morally justified, for the economy, it is a dangerous folly.

Governments interfere with pricing mechanisms to shield consumers and companies from rising energy costs, but such measures only deepen the problems in the long run.

Taxation and overregulation have sapped Western countries’ entrepreneurial energies. But the worst part of the low-growth problem is workforce education.

China’s growing confidence and military strength make an attack on Taiwan likely in the next five years. But American and Taiwanese resolve may still deter Xi Jinping.

The political popularity of the European Chips Act does not necessarily make centrally planned investment in chip manufacturing a great idea.

Why did the fiscal policies of UK Prime Minister Truss meet with such an uproar and why the Bank of England felt it necessary to move against them?

Germany woke up too late to the risks of energy dependence on Russia. Moscow’s natural gas shutoff may make it one of the hardest-hit EU economies.

Economic growth has been the engine of our civilization and, lately, a source of environmental angst. However, turning it off is not the solution.