Liquidity matters: Corporates may need half a trillion of additional working capital requirement financing in 2021
Large companies will face a record increase in WCR in a context of a strong demand rebound triggered by the grand reopening, alongside severe shortages in inputs, labor and final goods.
EU CBAM: Well intended is not necessarily well done
The EU carbon border adjustment mechanism will not only become more expensive than anticipated, but likely fall short of its aim to restore a level playing field for industries heavily exposed to carbon pricing.
Postponed motherhood may help narrow the income and pension gaps
Postponing motherhood could compound the challenges faced by already aging societies, but at the individual level, it could help narrow the income and pension gaps between men and women.
Global trade has bounced back stronger than expected so far in 2021, driven by input restocking and shipping constraints rather than supply-demand dynamics.
France vs Germany: No #Euro2020 final but a tie against Covid-19
While both France and Germany didn't make it to the UEFA EURO 2020 final, we find a welcome tie between the EU’s two largest economies when it comes to weathering the Covid-19 crisis, judging by GDP developments, labor market performance, debt toll and policy support.
This is (Latin) America: The unequal cost of living
It is too soon to tell the long-term effects of the Covid-19 crisis on inequality in Latin America, but income and labor markets already seem to be Patient Zero.
With investors increasingly looking for yield-enhancing opportunities, China has emerged as a big capital hook, given its resilient economy, stable currency and relatively liquid fixed income market.
