Geopolitical frictions and high levels of uncertainty in US policy are driving countries to reduce dependence on the US dollar and implement new policies to promote their own currencies for settling cross-border trade. This Weekly Report analyzes the reactions of firms to such measures, focusing...

World tensions born from trade wars and economic sanctions function now as major disruptors which disturb global trade operations and affect price stability. The analysis investigates inflationary effects caused by trade barriers and economic disputes because they break global supply networks...

Nowadays consumers increasingly navigate uncertainties arising from cross-border conflicts, commercial tensions, and political instability, which pose threats not only to their mental well-being but also financial security. While existing research documents shifts in spending patterns and...

The Russian invasion of Ukraine led to extreme disruptions on the international energy markets. Europe, the world's largest importing region for oil, natural gas and hard coal, was particularly affected. The loss of major supply routes for Russian natural gas created a bottleneck situation and...