The Business Times

Martin Sandbu

French President Emmanuel Macron (left) and European Commission President Ursula Von der Leyen. Can European leaders hear the markets' scream for help in the form of an alternative asset?
THE BOTTOM LINE

Trump has created a chance for the euro to rival the dollar

European leaders need to shed their political timidity to take the necessary steps

FILE PHOTO: Euro notes are pictured at a bank in this photo illustration taken in Seoul June 18, 2012. REUTERS/Lee Jae-Won/File Photo
THE BOTTOM LINE

The battle for the global payments system is underway

Some Europeans are looking to the next geoeconomic contest

Since its invasion of Ukraine in Feb 2022, Moscow has gone on a shopping spree for soldiers, imported weapons, and ramped up its own arms production.
THE BOTTOM LINE

There are lessons from Russia’s GDP growth – but not those Putin thinks

Moscow is exploiting a possibility that liberal market democracies ignore

Former United States Federal Reserve chair Ben Bernanke was one of three laureates of the Nobel memorial prize for economic research in 2022, for their work on bank runs.
THE BOTTOM LINE

A Nobel for an economic model with real world application

Bernanke, Diamond and Dybvig have taught lessons about bank runs that have been absorbed since the financial crisis

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