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The Pound Sterling retreats by 0.13% even though the Greenback is flat during the day, as risk appetite shifted sour on news that a Chinese state-backed company is producing chipmaking machines, prompting a sell-off in ASML, the Dutch-based company. The GBP/USD trades at 1.3305, after reaching a high of 1.3363. GBP/USD slips as chipmaking worries,…
en English Politics Aug 5, 2026 Gabriela Ramos and Emilija Stojmenova Duh Governments tend to treat AI as a national-security challenge while devoting far less attention to its effects on education, health, labor markets, and the judiciary. Addressing AI’s societal risks requires…
For helpful comments and discussions, we thank Liudmila Alekseeva, Mike Ewens, Minmo Gahng, Paul Gompers, Sabrina Howell, and seminar participants at Harvard Business School, the LBS Private Capital Symposium, and the WEFI Fellows Conference. We especially thank Kai Wen Cui for exceptional research assistance. For helpful research assistance, we further thank: Umidjon Abdunabiyev, Faith Adeola,…
To counter major cyber threats, Danmarks Nationalbank is pioneering an offline emergency payment system. This article appears in the July/August issue of Global Finance Magazine. Danmarks Nationalbank, the Danish central bank, has launched a financial systems security project to establish a Dormant Emergency Bank (DEB) to serve as a robust reserve bank in the event…
As ChangXin Memory Technologies gears up for a breakout public listing, the chip maker is eyeing the turf held by Micron, SK Hynix and Samsung.