What caught my eye: Financial stability and interest rates, geopolitical swing states, the U.S. banking crisis of 2023, and much more…

The US banking crisis of 2023

What caught my eye: Cognitive abilities, central banks and climate change, foreign technology adoption, and much more…

“Your job can shape your cognitive abilities: Restaurant workers whose job involved constantly keeping track of orders were better at tests of working memory updating.” Interesting (obvious on second thoughts)

Global economy faces sluggish recovery

The global economy will recover only sluggishly this year with growth of 2.8 percent and next year of 3.4 percent, especially as no tailwind is expected from monetary and fiscal policy.

What caught my eye: The Future of the U.S. dollar, R&D spending and innovation, central bank digital currencies, and much more…

Mark Sobel, Senior Advisor at the Central for Strategic and International Studies, on the future of the U.S. dollar and the international monetary system:

German economy is in recession

Germany’s gross domestic product shrank by 0.2% in the fourth quarter. However, a severe winter recession, which was feared in the autumn, has become less likely. Nevertheless, the risks to the economy remain high. I am somewhat more pessimistic regarding economic growth in 2023 than some of my colleagues.

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