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Economics, Policy & Regulation

France: Macron Pushes Through Pension Overhaul

The 2023 Social Security Financing Adjustment Law raises the retirement age from 62 to 64, with a requirement that the retiree has worked at least 43 years; otherwise, workers must wait until they turn 67.

Economics, Policy & Regulation

Mexico Steps Up As Largest US Trading Partner

Mexico surges ahead of China as America's top trading partner in part due to geopolitical tensions and Covid-related disruptions.

Economics, Policy & Regulation

Singapore: Long-Serving Central Bank Chief Steps Down

Veteran central banker Ravi Menon is set to step down as managing director of the Monetary Authority of Singapore.

Economics, Policy & Regulation

Companies Face Tougher Standards

Silicon Valley Bank and other recently collapsed banks all received clean bills of health from outside auditors raising the question of whether accounting standards themselves need to be reformed.

Emerging & Frontier Markets

Sri Lanka: IMF Approves Bailout

Sri Lanka’s perfect storm of economic disaster started with the Covid-19 pandemic and years of government nepotism, corruption, and economic mismanagement ultimately led to a$50 billion default on foreign loans.

Economics, Policy & Regulation

Swiss National Bank Chair Reassures Markets

Swiss National Bank chair orchestratedthe swift takeover of Credit Suisse by competitor UBS but not without ruffling some feathers.

Technology

The Netherlands Joins US Effort To Deny China Semiconductor Technology

While the US effort to cut China out of the global semiconductor industry is driven by national security concerns,the effort has consequences for semiconductor companies that produce civilian products.

Economics, Policy & Regulation

Biden Flip-Flops On Climate With Willow Project Approval

The Biden administrationpleased progressives by cancelling drilling projects on federal territory shortly after taking officebut recently approvedConoco Phillips’s $8 billion Willow Project in Alaska.

Economics, Policy & Regulation

China: New Premier Is Xis Yes Man

Li Qiang's lack of governing experience might be the very reason China's President Xi Jinping elevated him to such a powerful position.

Sustainable Finance

Landmark 200-Nation Deal Could Save Marine Resources

The treaty does not overrule provisions set by numerous and often conflicting authorities that currently regulate fishing, shipping and deep-sea mining on the high seas.

Emerging & Frontier Markets

Nigeria: How Will The New President Impact The Economy?

Nigeria's new president facesa legal challenge to his victory and the arduous task of rebuilding an economy intatters.

Emerging & Frontier Markets

Saudi Arabia Restoring Ties With Iran

The surprise deal was made possible by an unexpectedactor from outside the region:China.