The economic costs of natural disasters, although nowhere near as important as the loss of life, are typically much less than those of major financial shocks. A discussion of why this is the case...

Once the immediate uncertainty clears, Japan’s nuclear crisis is likely to have only a limited impact on global energy markets. The events in Fukushima will raise concerns about costs and security...

The latest leading indicators reveal plenty of momentum behind the recovery on both sides of the Atlantic. However, we still expect global growth to slow in the second half of the year and into 2012...

The current spike in oil prices has inevitably led to comparisons with other episodes when prices have surged over a relatively short period. The last five such episodes were all followed by global...