Key Takeaways Property taxes remain a cornerstone of local government funding, especially in the United States, where they form nearly three-quarters of local tax revenue. Abolishing property taxes could lead...
Key Takeaways Cryptocurrencies currently remain too small and insufficiently integrated into traditional finance to pose systemic risks. Stablecoins offer efficiency for cross-border payments but raise concerns over banking deposits and...
Key Takeaways The GPT-5 launch faced technical difficulties and user dissatisfaction, prompting OpenAI to rethink its deployment strategies. User feedback was mixed, with praise for reasoning capabilities offset by concerns...
Key Takeaways The July 2025 FOMC minutes indicate policymakers are prioritising inflation control over employment support, citing persistent price pressures. The Federal Reserve held rates steady at 4.25%–4.50%, with only...
Key Takeaways China is considering yuan-backed stablecoins as a strategic tool to accelerate the currency’s global adoption and challenge dollar dominance in digital finance. Stablecoins could support China’s Belt and...
Key Takeaways Disney’s ESPN will launch a standalone streaming service on 21 August 2025, priced at $30/month, offering expanded live sports coverage and interactive features. The app is a strategic...
Key Takeaways Extended conflict in Gaza City may cost Israel over $50 billion, representing nearly 10% of its GDP, with severe damage already incurred in Gaza itself. Neighbouring economies such...
Key Takeaways Opposition to wind and solar projects in the US is escalating, particularly in rural areas concerned with land use and agricultural disruption. New federal regulations have introduced restrictions...
Key Takeaways PepsiCo’s 10% price increase on carbonated soft drink concentrate aims to offset inflation-related input cost rises, particularly aluminium. Bottlers face margin pressure unless costs are passed to consumers,...
Key Takeaways Gen Z is consuming 20–30% less alcohol than Millennials at the same age, favouring wellness-focused alternatives and moderation. Traditional alcohol categories—especially beer and mass-market spirits—are facing declining demand;...
