Financial

East and West govern schools differently These institutional differences shaped learning losses and recovery Western systems need directed autonomy; Asian systems need lighter admin with teacher discretion One crucial figu

The EU can’t act like a federation with a 1–1.5% GNI budget A modest EU federal tax with conditional budgeting would fund shared projects and defuse North–South distributional fights Pair ETS/CBAM/CORE revenues with strict caps and transparency to build consent and repay common debt

CBDC success depends on token network effects, not cash-back incentives Merchant acceptance and interoperability tip usage Design rails and transparency—not subsidies—win The most critical fact in payments today i

Monopolistic dominance unbalanced by weaponization of rare earths Western countermeasures accelerate diversification of supply chains EU Trade Commission and G7 finance ministers set to discuss coordinated response Inside

Consensus Builds on Ending Tightening Cycle as Labor Market WeakensEasing inflation broadens policy flexibility

American Consumers Hit Hard by Trump Tariffs, Bearing 55% of Costs Consumer Prices Rising for Six Consecutive Months Since Tariffs Took Effect Tariffs Weigh on Exporters and U.S.

Taiwan nears overtaking South Korea’s growth trajectoryTSMC’s dominance powers Taiwan’s “AI flywheel”

Adjusted deflators reveal hidden gains in US manufacturing productivity The bottleneck is skills, not machines Scale capital-intensive training, stackable credentials, and adult apprenticeships The standard view sugges

Services trade is increasingly borderless and digital Tariffs miss; data rules, licensing, and standards decide access Train for exportable skills and build trust-based regimes to unlock growth In 2024, the world exporte

Firms under competition cut jobs, switch lines, or move tasks offshore Schools need a skills policy for competition: fast, stackable, portable training Fund future-shaping sectors and track outcomes so workers can switch quickly <

PayPay and Binance Japan Partner Amid Stablecoin Boom PayPay Eyes Expansion Ahead of IPO Japan Moves Beyond Cash Toward a Cashless Society Photo = PayPay Offcial Website Japan’s cashless payment

“Balanced budget” principle effectively abandonedSurging bond issuance raises sovereign-debt risks

Trump’s tariff threat sparks crypto crash “COVID-scale bombshell” — XRP halves in 30 minutes Bitcoin plunges over 8% in two days The crypto market’s fragile leverage structure has once again hit its limit.

Extra information helps only when it adds new, orthogonal signal and is easy to process Central banks and schools should use plain anchors and concrete rules to trigger a Bayesian information update Measure belief shifts, not word counts, and iterate when messages fail to move the posterior

Domestic transfers are instant; cross-border isn’t Linking FPS enables instant cross-border payments Stablecoins’ edge narrows; universities integrate Over seventy countries already transfer money domestically in sec

Diverse central bank messages help schools manage borrowing and risk Single-voice guidance can harm welfare via the Hirshleifer effect Adopt disciplined plurality: fixed venues, ranges, and scenario-based planning When

Wage volatility is widespread, especially in low-income, hourly education jobs Fixed-wage mandates shift risk to hours and jobs, not remove it Schools should share risk with guaranteed hours, predictability pay, lawful overtime, and work-sharing

Use of Proceeds UndisclosedIPO Delayed Amid Market Uncertainty

Retail investing is up; teach people to earn the market, not chase alpha. Use low fees, diversification, and cool-off safeguards to curb herding and fraud—especially for seniors Tie curricula to app defaults so good habits are automatic and long-term wealth compounds