Global Brief: Aug 24 – Aug 30
Treasury opened sanctions on five sectors of Iran's economy at once. Hours earlier, Syria came off the terrorism list. One office made both decisions.
News
Global Briefs
Global Brief: Aug 17 – Aug 23
Washington sanctioned a court, a government and a drug fleet in three days. Ukraine's occupied nuclear plant ran out of power lines. See what connects them.
Global Brief: Aug 10 – Aug 16
Washington taxed drones and rebuilt its shipyards by decree, Europe moved to board Russian tankers, and Beijing passed 1,242 articles of environmental law.
Analysis
Europe's rearmament: what the ECB knows and what it doesn't
Published estimates of what a euro of defence spending does to GDP range from minus 2.5 to plus 3.5. The ECB put that slide in its own presentation.
The ECB raised rates into a slowdown. Then the war ended.
The ECB's own data shows oil assumptions up 55% and energy inflation revised up nine points. It hiked rates on June 11. The next day, the war ended.
How a distant war reaches your savings: the ECB's May warning
A war closed the Strait of Hormuz, and the ECB's latest review traces how the shock travels through bond markets and shadow banks to reach your savings.