BDFPaper
French corporate insolvencies rise 3.6 percent to 68,602 in 2025
Corporate insolvencies in France rose 3.6 percent in 2025 to reach 68,602 cases, exceeding the 2010-2019 pre-pandemic average by 15 percent.
AI Paper Curation
BDFPaper
French corporate bankruptcies hit record 68,602 in 2025
Corporate bankruptcies in France rose 3.6 percent in 2025 to reach an all-time high of 68,602 proceedings, according to a Banque de France report.
DNBPaper
AI news drives investment and inflation before productivity gains
A study by De Nederlandsche Bank shows that AI market news triggers immediate US capital spending and price pressures, while spilling over into higher euro area import costs and inflation expectations well before broader productivity gains materialize.
DNBPaper
Blockchain metrics overstate crypto activity up to sixfold
A study by De Nederlandsche Bank and the BIS finds that standard on-chain indicators significantly distort crypto and decentralised finance activity.
BOEPaper
High-growth sectors receive under 30 percent of UK SME bank credit
Sectors with the highest concentration of high-growth firms account for less than 30 percent of UK bank lending to small businesses, according to a Bank of England study.
BDFPaper
CBRPaper
Derivatives open interest rises 29 percent to 2.7 trillion rubles
Open interest in futures contracts on the Moscow Exchange grew 29 percent to 2.68 trillion rubles between July 2025 and June 2026.
BDEPaper
Bilateral protectionism reduces foreign affiliates by 1.3 percent
A one percentage point increase in bilateral protectionism reduces foreign subsidiary presence by 1.3 percent, according to a study by Banco de España and Joint Research Centre researchers.
BDIPaper
Einaudi restored central bank autonomy to steer postwar recovery
Governor Luigi Einaudi re-established Banca d'Italia's institutional independence and restructured postwar credit policy between 1945 and 1948, according to an economic history paper.
BDIPaper
Italian bank resolutions 1970-1996 limited public fiscal costs
Italian banking crises between 1970 and 1996 triggered 256 formal enforcement procedures while generating limited systemic contagion.
BDEPaper
Dollar invoicing and supply networks amplify Chinese tariff losses
A 10 percentage point reciprocal US-China tariff war concentrates output losses in China while raising consumer prices in the United States, according to a Banco de España study.
BISPaper
Updated deposit insurance rules mandate seven-day payouts
Eighteen revised core principles now govern global deposit insurance systems, setting a mandatory seven-day payout deadline.