Actions by advanced economies to limit rising government bond yields are unlikely to be durable without additional policy change or a material economic slowdown—but the first is unlikely and the second is unwanted.
The UK economy grew in July as the rapid expansion of AI appeared to outweigh the economic damage from the Iran war, in a welcome boost for John Healey.
US President Donald Trump says he would give $5,000 to every American adult if the midterm elections go his way. Turning that promise into reality, however, would face significant hurdles. The proposal could cost more t…
In the party-list voting for the State Duma elections, “United Russia” is expected to receive about 50% of the vote. The VTsIOM Analytical Center and the “Public Opinion” Foundation (FOM). Sociologists and political sci…
The government has submitted a bill to the State Duma that simplifies the procedure for updating the area of buildings, structures, and the premises within them in the Unified State Register of Real Estate (EGRN). The i…
Nervous investors across big economies have been dumping government bonds, driving up the cost of borrowing, as surging oil prices amplified fears about rising inflation.
The Office of the State Comptroller (OSC) conducted an investigation of South Jersey Extended Care (SJEC), a for-profit nursing home located in Bridgeton, New Jersey. Covering a five-year period from April 1, 2018, to M…
OpenAI has failed to reduce the risk of a “catastrophic” loss of control over AI, said Paul Cristiano, a U.S. government advisor on high technology. He issued this warning at a board meeting of the nonprofit OpenAI, of …
Borrowing costs climb in Europe and oil tops $105 a barrel as bank says growing price pressures in eurozone will be ‘longer lasting than we had anticipated’
Good afternoon, the Vice-President and I welcome you to our press conference. I would like to thank President Nagel for his kind hospitality and express our special gratitude to his staff for the excellent organisation …