Global Brief: Oct 12 – Oct 18
Washington enacted a 500 percent tariff on Russian goods, then waived most of it the same day. Brussels added 1,569 names. Inside the widening split.
News
Global Briefs
Global Brief: Oct 5 – Oct 11
A missile strike on Riyadh's airport tightened world diesel markets, Washington sanctioned a court, and Brussels hedged on China. The week's common thread.
Global Brief: Sep 28 – Oct 5
The G7 opened its oil reserves, the Fed and the ECB raised rates, and Iran sanctions reached the carmakers. One supply shock, three different answers.
Analysis
Why Europe's central bank is putting its money on-chain
In 1907, overnight money in New York hit 100% a year. The ECB says stablecoins can't stop a repeat, so it is moving central bank money onto its own ledger.
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.