public-finance

Amid all the gloom and doom, there are ways to change the math in your favor.

In June 2026, the European Commission proposed a Tax Omnibus package to simplify the EU’s direct taxA direct tax is levied on individuals and organizations and is not expected to be passed on to another payer (unlike indirect taxes such as sales and excise taxes), though economic incidence can still fall upon others. Often with…

A recent Wall Street Journal article on the EU’s new country-by-country taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. reporting requirements warns of confusion in the near future. The disclosures, the authors write, could…

Faced with a quagmire in eastern Ukraine and escalating Ukrainian attacks within Russia, Vladimir Putin must either seek a ceasefire or pursue some form of escalation. With all signs pointing to him embracing the latter alternative, the situation could worsen dramatically for everyone, but especially for him. STOCKHOLM—If Russian President Vladimir Putin were to make…

Illapa Sairitupac, Democratic New York State assembly candidate, from left, Zohran Mamdani, mayor of New York, and Brad Lander, former New York City comptroller and US Democratic House candidate for New York, campaign during a primary election in New York, US, on Tuesday, June 23, 2026. Adam Gray | Bloomberg | Getty Images More voters…

Minutes Item 1 – Welcome The Chair commenced the meeting and emphasised the significance of the decisions to be taken and importance of considering the Bank’s obligations under the Public Sector Equality Duty during this process. Members were reminded of the Bank’s approach to imagery selection for Series H and the aims of the meeting,…

Imagine that history made one small exception. For one evening only, time stopped separating generations. High above the noise of a packed World Cup final game, in a quiet corner of the grandstand untouched by television cameras, eight elderly gentlemen quietly took their seats. No one around them seemed to notice. The crowd had come…

Using 380 trillion tokens of realized AI consumption across more than four hundred large language models from the licensed proprietary OpenRouter dataset covering approximately 2 percent of current global monthly AI token consumption, we analyze how AI affects firms, markets, and workers. Leveraging the unprecedented size, scope and granularity of this data, we construct the…