For the fourth time in three decades, a divided Italy has named a technocrat as its leader. Is Mario Draghi a model for nations shouldering huge debts? Street art depicting Italian Prime Minister Mario Draghi dressed as a magician pulling a rabbit out of the hat,...
The economic effects of the COVID-19 pandemic will fall mainly on youth. Here are ways young people can mitigate the impact. High school students keep their “social distance” during a graduation ceremony on a motor speedway track, Fort Worth, Texas, 19 May 2020. (AP...
Power-hungry politicians are piling pressure on central banks to do their bidding. But short-term meddling only erodes long-term stability. U.S. President Donald Trump (R) with Federal Reserve Board Chairman Jerome Powell, Washington, 2 November 2017 (AP Photo/Pablo...
Income inequality is spurring populist movements. But income growth has curbed poverty in many areas, and wealth can hold the key to equality. A limousine is offered for hire besides a bicycle path in Beijing, China, 29 February 2008 (EPA/Adrian Bradshaw) Has income...
Italy is struggling — again — to form a government. But with massive debt and a large economy, Italy is no financial side show. Time to pay attention. Italian President Sergio Mattarella talks to the press after a second round of consultations to form a...