After decades of structural deprioritisation, defence financing has returned to the vanguard of public finance.

AMRO has set out the financing case for CMIM’s evolution within the global financial safety net. The agenda advanced here is its real-economy counterpart: balance sheets and coordinated financial ...

America’s marginal creditor is now domestic private leverage that reports as a cross-border flow. Foreign investors held $9.3tn of US Treasury securities in June 2026. Foreign official institutions ...

OMFIF’s Money Disrupted series explored how tension clouds the direction of US policy and heightens concerns about Fed’s independence.

What emerges at the end is the custodian of a device rather than a culprit. A stolen phone used with its correct personal identification number produces the same evidence as deliberate fraud, and a ...

Friedrich Merz, Germany’s embattled chancellor, is running into a political storm, with significant repercussions for economic reforms ...

Europe is not short of capital. It is short of product. That is the uncomfortable truth behind the Savings and Investments Union.

At the end of October, UK Chancellor of the Exchequer John Healey is due to deliver the first budget of the Burnham government. Somehow, he has to reconcile plans to spend more public ...

At the end of 2024, the international claims of Brazilian banks on the rest of the world sat at $71bn; now they total $53.2bn.

The digital euro is now at its most consequential stage. Trilogue negotiations opened in Brussels on 13 July, with the Irish presidency targeting political agreement before year end. Two questions ...

The recent sell off of government bonds in major economies has changed the background to the next UK budget, due on 28 October. But rather than be dominated by global crises, the government should use ...

The Bank of Japan must normalise rates faster while guarding against the underappreciated risk of a yen overshoot. The yen’s latest rally shows how quickly its gains can surprise markets and why ...