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International

What central banks can do when shocks come from outside

Central bank responses to shocks from abroad

External shocks—ranging from commodity-price spikes, wars, and pandemics to foreign monetary tightening and sudden stops of capital—pose immediate and diverse challenges for central banks. The appropr...

Economy

Why are return policies so generous in many U.S. retail stores?

Istanbul, in Turkey: What makes a retail concept scalable across diverse neighborhoods

Istanbul is a megacity of contrasts: dense historic cores, high-tourist corridors, modern business districts, sprawling suburban neighborhoods, and two continents linked by ferries...

Investments and Business

What trends are shaping corporate treasury management and cash optimization?

How are trends impacting corporate treasury and cash optimization?

Corporate treasury management has moved far beyond traditional cash monitoring and bank relationship oversight. Today, it sits at the center of strategic decision-making, risk management, and value creation. Volatile interest rates, geopolitical uncertainty, digital transformatio...