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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?

The challenge of retail scalability in Istanbul’s unique 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

Ocean Front

The rise of Panama Oeste as a hub for residential development

Panama Oeste has become one of the most dynamic areas for residential development in the country. Its proximity to Panama City, combined with ongoing improvements in infrastructure and services, has led more and more people to view this area as a viable option for living or inves...