Headlines

Beyond transparency: a better model for sovereign debt crises

For decades, the global financial community has treated sovereign debt crises like a broken thermometer: if we just improve the reading (transparency) and hold the technician accountable (through regulation and monitoring), the fever will break. Yet, from the streets of Colombo

Asia •

Government gross debt of eurozone largely in euro

Across the EU, the structure of general government gross debt differs significantly between countries. These differences relate for example to the initial and remaining maturity of debt, the debt instruments used and the main institutional sectors holding the debt. However,

Europe •

Bad timing for Indonesia to be living dangerously again

Bank Indonesia’s off‑cycle rate hike on June 9 underscored just how alarmed policymakers are about the trajectory of Southeast Asia’s largest economy. It also serves as an early warning to the rest of the world about the financial and economic storm clouds gathering over

Asia •

A question of trust in Prabowo’s Indonesia

A few weeks ago, I heard two seemingly contradictory views about Indonesia. One came from a business executive who has spent decades operating in the Southeast Asian nation. His broad assessment was that Indonesia is still too important to ignore. The market is large, the

Asia •

Birdwatch: Going to the Galápagos for the gulls

While most visitors prefer the finches, tropicbirds and blue-footed boobies, some are drawn to less glamorous species Most visitors don’t come to the Galápagos for the gulls. With more than a dozen kinds of Darwin’s finches on offer – along with fearsome frigatebirds, ethereal

Environment •