Dwindling liquidity for governments
During the Spring Meetings held in Washington by the International Monetary Fund (IMF) and the World Bank, a growing concern emerged: governments today have increasingly limited economic and fiscal margins to address new crises.
This was emphasized by IMF Managing Director Kristalina Georgieva, who highlighted that many countries are now in…
Economy & Finance
In recent years, the global banking system has been undergoing profound structural changes.
Many of these shifts occur away from public attention, yet they directly affect the management of transfers, deposits, withdrawals, loans, mortgages, savings and, more broadly, the financial security of businesses and individuals worldwide.
The purpose of examining these developments is not to…
The months of April and May are emerging as a critical phase for global economic balances, not only in terms of macroeconomic performance, but above all for the overall resilience of international financial flows.
An analysis by the GeoEconomics Center of the Atlantic Council highlights, in a measured yet unequivocal manner, how the issue of…
Geopolitics and markets: a new global balance
The global economic system is undergoing a phase of profound transformation. Wars, trade tariffs, technological innovation and monetary policies are reshaping international trade, commodity markets and global financial flows.
According to analyses by the McKinsey Global Institute, we are not facing deglobalisation but rather a new setting of…
De-dollarisation: what is really happening
The latest Dollar Dominance Monitor by the Atlantic Council confirms a key finding for investors and analysts: the U.S. dollar remains the cornerstone currency of the international financial system.
Despite the growing narrative surrounding so-called de-dollarization, the data reveals a far more stable scenario than the perception often conveyed in…
War, Geopolitics and Economic Instability
In the 21st century, wars are not merely humanitarian tragedies and political crises: they are also powerful economic shocks capable of influencing financial markets, energy prices and investment strategies.
In a globalised and interconnected economy, even a regional conflict can have global repercussions, affecting:
inflation
international trade
financial stability
global…
China’s Strategy for a Global Yuan
At the end of January, the Chinese president relaunched an ambitious goal: to transform the yuan into a central currency within the international monetary system.
In an article published in the Chinese Communist Party’s theoretical journal Qiushi, the need for a strong, international currency capable of spreading throughout global…
Global uncertainty and the search for protection
In recent months, the global economy has entered a phase of significant instability. Geopolitical tension, political crises and the increasing use of economic leverage as a tool for international pressure are prompting investors and governments to strengthen their risk-protection strategies. In this context, safe-haven assets are once again…
EU–Mercosur Agreement: why it is back at the centre of the debate
The free trade agreement between the European Union and Mercosur has returned to the centre of the European political and economic agenda following the approval of EU institutions.
It is one of the most ambitious trade agreements ever negotiated by the European Union…
A conflict that goes beyond economics
The clash between Donald Trump and the Federal Reserve is not only about monetary policy or the level of interest rates in the United States. It has become a political and institutional conflict that calls into question the independence of the U.S. central bank and, more broadly, the balance…
