rss7/28/2026, 11:25:36 PM
There are no tropical cyclones at this time.
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No tropical cyclones as of Mon, 27 Jul 2026 14:00:06 GMT
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Breaking social chatter and viral posts worth watching as stories develop.
rss7/27/2026, 2:01:40 PM
Investing in Mothers? The Long-Run Impact of a Universal Child Care Program on Maternal Work and Income -- by Michael Baker, Jonathan Gruber, Kevin S. Milligan
@www.nber.org
We provide new estimates of the effects of universal child care on the long-term labor outcomes of mothers, documenting the life-cycle impact of Quebec’s universal, subsidized child care program on maternal labor supply, earnings, social program benefit receipt and tax remittances. We find an enduring positive impact on mothers’ employment long after children have aged out of the preschool years. There is also a long-run impact on earnings which grows to be twice as large as the participation effect. This arises because of growth in the intensity of labor force participation and a rise in hourly wages over time, suggesting that initial investments in work have multiplier effects later in women’s careers. There is clear evidence of occupational upgrading but most of the growth is within occ
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rss7/27/2026, 2:01:40 PM
Industry Distress Anomaly -- by Hui Chen, Winston Wei Dou, Hongye Guo, Yan Ji
@www.nber.org
We document a robust industry-level distress anomaly in which more distressed industries earn significantly lower expected equity returns. The anomaly is distinct from the firm-level distress anomaly (Campbell, Hilscher and Szilagyi, 2008). It remains significant after controlling for firm-level distress but disappears in placebo industries formed by randomly reshuffling firms across actual industries. Both theoretically and empirically, we show that competition-distress feedback amplifies the exposure of industry profit margins and equity returns to discount-rate shocks. Industries with greater idiosyncratic left-tail risk are more distressed but exhibit weaker competition-distress feedback. This effect reduces their exposure to discount-rate shocks and thus lowers their expected equity r
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rss7/27/2026, 2:01:40 PM
The Environmental Costs of Sanctions: Flaring and Venting in Venezuela -- by Michele Fioretti, Kavanaugh FitzPatrick, Alessandro Iaria
@www.nber.org
Economic sanctions on oil-producing autocracies change not only the quantity of oil but also how it is produced. Combining field-level production data with satellite measurements of gas flaring and atmospheric methane across six Latin American countries from 2012 to 2024, we study the U.S. sanctions on Venezuela. Per-barrel gas flaring in Venezuela rose about two-and-a-half-fold even as production fell by two-thirds, a pattern no unsanctioned neighbor shows, so environmental damage under sanctions is about two and a half times what a proportional decline in output would predict. Three channels generate this gap: the exit of small, dirty fields (composition) is more than offset by surviving fields running their infrastructure past design capacity (strain) and cutting their operating budgets
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rss7/27/2026, 2:01:40 PM
Information and Macroeconomic Expectations: Global Evidence -- by Francesco D’Acunto, Michael Weber
@www.nber.org
Unique global data on 47,000 consumers across 47 countries representing 90% of world GDP reveal universal patterns in macroeconomic belief formation. Most consumers form beliefs based on local information sources (utility bills, shopping, and acquaintances) that provide signals not representative for the overall consumption bundle, so that seeking information leads to forming biased macroeconomic expectations. Distrust in governments and central banks, the producers of aggregate economic information, helps explain reliance on local sources and the lack of learning from aggregate realizations. Observed macroeconomic volatility fuels distrust. In the cross-section, we confirm that certain demographics correlate with expectation biases but mostly due to different sorting into information sour
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rss7/27/2026, 2:01:40 PM
Who is Afraid of Eurobonds? -- by Francesco Bianchi, Qingyuan Fang, Leonardo Melosi, Anna Rogantini Picco
@www.nber.org
The current euro area policy framework conflates short-run stabilization with long-run fiscal sustainability, exposing members to deflationary and inflationary tail risks. We employ an estimated euro area model to analyze an alternative framework that separates these objectives. A centralized Treasury issues Eurobonds to finance countercyclical stabilization, while national governments retain responsibility for long-term fiscal sustainability. The Treasury can coordinate with the monetary authority in case of a large recession, with no need to suspend fiscal rules at the national level. The arrangement functions as an automatic stabilizer, eliminating the tail risks of deflation and fiscal stagflation.
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rss7/27/2026, 2:01:40 PM
Trading Off Openness: Economic Information and Immigration Policy Preferences -- by Cristina Cattaneo, Daniela Grieco, Nicola Lacetera, Mario Macis
@www.nber.org
We conducted a survey experiment with over 8,000 participants in Germany, Hungary, and Italy to examine how information about the economic impact of immigration affects the support for more open immigration policies. Respondents who received projections showing higher future incomes under more open immigration policies reported greater support for these policies. The treatment also partly changed how prior attitudes affected policy preferences. Structural estimates suggest that majority support for immigration above current levels would require annual per-capita income gains of about 1.2% in Italy and 1.7% in Germany, and still larger or unattainable gains in Hungary. These increases are large relative to recent historical growth rates, suggesting that economic benefits alone are unlikely
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rss7/27/2026, 2:01:40 PM
Self-Fulfilling Credit Scores -- by Victor Duarte, Julia Fonseca
@www.nber.org
A decline in credit scores can worsen the borrower's financial position, making default a self-fulfilling prophecy. We estimate the causal effect of credit scores on default using a rule that counts multiple inquiries within 14 days as one, moving scores without changing credit reports. Regression discontinuity estimates around the 14-day cut-off show that an additional counted inquiry lowers scores by five points on average. Default does not respond among consumers with clean records, but rises by 3.2 percentage points over two years among those with prior derogatories. For these consumers, at least 13 percent of the relationship between scores and default is self-fulfilling. We show that scorers would want to limit self-fulfilling defaults if their objective is forecast accuracy, but not
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rss7/27/2026, 2:01:40 PM
Global Pension Asset Allocations and Debt Markets -- by Ding Ding, Xiang Fang, Bryan Hardy, Karen K. Lewis
@www.nber.org
The pension sector is an important investor group in global financial markets and a key holder of government and corporate debt. This article examines the evolution of pension fund asset allocations around the globe and documents two important structural changes. First, pension investors have shifted portfolio share allocations away from fixed income securities. This trend is robust across Defined Contribution (DC) and Defined Benefit (DB) programs as well as country groups. Second, pensions have instead shifted allocations into riskier investments within mutual funds as well as alternative investments. We hypothesize that a global decline in interest rates is one potential driver of this change. Using a global sample, we show that declining local currency government bond yields are associ
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rss7/27/2026, 2:01:33 PM
2026-04-21 - Mario Draghi to hold the 2026 Karl Brunner Distinguished Lecture
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2026-04-21 - Mario Draghi to hold the 2026 Karl Brunner Distinguished Lecture
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rss7/27/2026, 2:01:33 PM
2026-04-22 - Swiss National Bank welcomes full capital backing of banks' foreign participations
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2026-04-22 - Swiss National Bank welcomes full capital backing of banks' foreign participations
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rss7/27/2026, 2:01:33 PM
2026-04-23 - Interim results of the Swiss National Bank as at 31 March 2026
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2026-04-23 - Interim results of the Swiss National Bank as at 31 March 2026
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rss7/27/2026, 2:01:33 PM
2026-04-28 - Swiss Financial Accounts
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2026-04-28 - Swiss Financial Accounts
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rss7/27/2026, 2:01:33 PM
2026-06-18 - Monetary policy assessment of 18 June 2026
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2026-06-18 - Monetary policy assessment of 18 June 2026
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rss7/27/2026, 2:01:33 PM
2026-06-22 - SNB adjusts remuneration of sight deposits
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2026-06-22 - SNB adjusts remuneration of sight deposits
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rss7/27/2026, 2:01:33 PM
2026-06-23 - Swiss balance of payments and international investment position
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2026-06-23 - Swiss balance of payments and international investment position
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rss7/27/2026, 2:01:33 PM
2026-07-02 - Publication of Financial Stability Report 2026
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2026-07-02 - Publication of Financial Stability Report 2026
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rss7/27/2026, 2:00:00 PM
Hybrid sales rise while battery electric sales remain lower after tax credit expiration
@www.eia.gov
In the second quarter of 2026 (2Q26), 24% of new light-duty vehicles sold in the United States were hybrid electric, battery electric, or plug-in hybrid electric vehicles, up from 22% in 2Q25. Between 2Q25 and 2Q26, hybrid electric vehicles continued to gain market share, reaching a record 16% of light-duty vehicle sales. The market shares of battery electric and plug-in hybrid electric vehicles decreased, according to estimates from Omdia. In 2Q26, battery electric vehicle sales were 6% of new light-duty vehicles sold, down from 7% in 2Q25; plug-in hybrid electric vehicle sales fell from 1.9% to 1.4% over the same period.
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x7/27/2026, 1:26:56 PM
"John Thune should not allow the United States Senate to 'leave town' until it passes The Save America Act or, far better still, TERMINATES THE FILIBUSTER..." - President Donald J. Trump https://t.co
@WhiteHouse
"John Thune should not allow the United States Senate to 'leave town' until it passes The Save America Act or, far better still, TERMINATES THE FILIBUSTER..." - President Donald J. Trump https://t.co/WjkkkzLcgZ
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x7/27/2026, 1:00:02 PM
A digital platform for the distribution of agricultural inputs is transforming farmers' lives in #Ghana 🇬🇭 https://t.co/8enVxTvWCg https://t.co/8enVxTvWCg
@WorldBankAfrica
A digital platform for the distribution of agricultural inputs is transforming farmers' lives in #Ghana 🇬🇭 https://t.co/8enVxTvWCg https://t.co/8enVxTvWCg
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x7/27/2026, 12:58:50 PM
2/2 ...Agreed on bolstering private sector engagement & aligning tax ecosyst to attract Finnish investment into African startups. As Ethiopia prepares for #COP32, there are opps for support &
@ECA_OFFICIAL
2/2 ...Agreed on bolstering private sector engagement & aligning tax ecosyst to attract Finnish investment into African startups. As Ethiopia prepares for #COP32, there are opps for support & engagement incl. the Nordic-Africa EV Summit & climate finance dialogues at the ECA https://t.co/kKnKw04I6I
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x7/27/2026, 12:42:34 PM
[IN PICTURES] A new chapter for SADC regional payments: The Angolan kwanza has joined the SADC-RTGS system as a settlement currency. Governor Lesetja Kganyago and Manuel Tiago Dias, Governor of the Ba
@SAReserveBank
[IN PICTURES] A new chapter for SADC regional payments: The Angolan kwanza has joined the SADC-RTGS system as a settlement currency. Governor Lesetja Kganyago and Manuel Tiago Dias, Governor of the Banco Nacional de Angola, made the announcement today. This means: ✅ Eligible https://t.co/Gee884VBNf
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x7/27/2026, 12:35:12 PM
2/2 ...The two institutions will ensure strong engagement with the AU-UN secretariat and with JSSO with a focus on advancing G20 outcomes, GFI, tax, capital markets, trade and updating BIAT to reflect
@ECA_OFFICIAL
2/2 ...The two institutions will ensure strong engagement with the AU-UN secretariat and with JSSO with a focus on advancing G20 outcomes, GFI, tax, capital markets, trade and updating BIAT to reflect ESG, gender, and climate-trade linkages. https://t.co/RAMPpvzNP9
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rss7/27/2026, 12:30:00 PM
Advance Monthly Manufacturers' Shipments, Inventories, and Orders
@www.census.gov
New orders for manufactured durable goods in June, up three of the last four months, increased $1.1 billion or 0.3 percent to $334.8 billion. June 2026: +0.3° % Change May 2026 (r): -4.0° % Change
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x7/27/2026, 12:29:32 PM
1/2 Excellent engagement b/w ES @claverGatete & @_AfricanUnion Commissioner Francisca T. Belobe to strengthen coordination & joint programming centred on member states’ priorities, eg: UN tax
@ECA_OFFICIAL
1/2 Excellent engagement b/w ES @claverGatete & @_AfricanUnion Commissioner Francisca T. Belobe to strengthen coordination & joint programming centred on member states’ priorities, eg: UN tax convention, Stats, trade, debt & the African Green Minerals Strategy ahead of #COP32... https://t.co/eibhnzyGeM
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x7/27/2026, 12:16:54 PM
1/2 Excellent meeting between Executive Secretary @claverGatete and outgoing Ambassador of Finland H.E. Sinikka Antila, during which they underscored the need to deepen work on the circular economy
@ECA_OFFICIAL
1/2 Excellent meeting between Executive Secretary @claverGatete and outgoing Ambassador of Finland H.E. Sinikka Antila, during which they underscored the need to deepen work on the circular economy and critical minerals to drive local value creation in Africa... https://t.co/VC6es9cn4d
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x7/27/2026, 11:58:48 AM
Governor Lesetja Kganyago and Manuel Tiago Dias, Governor of the Banco Nacional de Angola, have announced that the Angolan kwanza has been introduced as a settlement currency in the SADC-RTGS system.
@SAReserveBank
Governor Lesetja Kganyago and Manuel Tiago Dias, Governor of the Banco Nacional de Angola, have announced that the Angolan kwanza has been introduced as a settlement currency in the SADC-RTGS system. The Angolan kwanza is the second settlement currency to be introduced in the https://t.co/dO2aTH246r
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rss7/27/2026, 11:25:36 AM
Atlantic Tropical Weather Outlook
@www.nhc.noaa.gov
000 ABNT20 KNHC 271125 TWOAT Tropical Weather Outlook NWS National Hurricane Center Miami FL 800 AM EDT Mon Jul 27 2026 For the North Atlantic...Caribbean Sea and the Gulf of America: Tropical cyclone formation is not expected during the next 7 days. $$ Forecaster Adams/Papin
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rss7/27/2026, 11:23:05 AM
Eastern North Pacific Tropical Weather Outlook
@www.nhc.noaa.gov
000 ABPZ20 KNHC 271122 TWOEP Tropical Weather Outlook NWS National Hurricane Center Miami FL 500 AM PDT Mon Jul 27 2026 For the eastern and central North Pacific east of 180 longitude: Active Systems: The National Hurricane Center is issuing advisories on Hurricane Fausto, located in the Central Pacific several hundred miles east of the Hawaiian Islands, and on Hurricane Genevieve, located several hundred miles south-southwest of the southern tip of the Baja California Peninsula. Tropical cyclone formation is not expected during the next 7 days. $$ Forecaster Papin
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rss7/27/2026, 11:10:10 AM
CH: 0.4986 CHF = 100 JPY 2026-07-24 Daily rates (11:00)
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100 JPY = 0.4986 CHF (Daily rates (11:00); 2026-07-27T13:10:10+02:00)
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x7/27/2026, 11:01:05 AM
The @AfDB_Group has approved grants worth $13M to enhance national emergency responses to the Ebola virus disease outbreak and strengthen efforts to arrest its spread in the Democratic Republic of Con
@AfDB_Group
The @AfDB_Group has approved grants worth $13M to enhance national emergency responses to the Ebola virus disease outbreak and strengthen efforts to arrest its spread in the Democratic Republic of Congo (DRC), #SouthSudan and #Uganda:➡️ https://t.co/Fe2pSh9Qg0 https://t.co/lsnTmqiLgu
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x7/27/2026, 11:00:14 AM
🎓 [APPLY TODAY] Starting your higher education journey? The South African Reserve Bank offers scholarships and bursaries to undergraduates looking to study in a range of fields. 🗓️ Applications clos
@SAReserveBank
🎓 [APPLY TODAY] Starting your higher education journey? The South African Reserve Bank offers scholarships and bursaries to undergraduates looking to study in a range of fields. 🗓️ Applications close: 30 September 2026 Don't miss out! Late applications will not be considered. https://t.co/Dg7oJLWAvT
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x7/27/2026, 10:52:18 AM
Cardoso, Okonjo-Iweala to Headline 7th Africa Emerging Markets Forum The Governor of the Central Bank of Nigeria, Olayemi Cardoso, and WTO Director-General, Dr Ngozi Okonjo-Iweala, will lead a high-l
@cenbank
Cardoso, Okonjo-Iweala to Headline 7th Africa Emerging Markets Forum The Governor of the Central Bank of Nigeria, Olayemi Cardoso, and WTO Director-General, Dr Ngozi Okonjo-Iweala, will lead a high-level fireside dialogue at the 7th Africa Emerging Markets Forum in Abuja. Under https://t.co/rDfmBVL4Nj
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x7/27/2026, 10:00:38 AM
Regional energy demand growth remains robust across most non-OECD regions in the long term. India emerges as the main driver of global energy demand growth. The country’s primary energy demand is proj
@OPECSecretariat
Regional energy demand growth remains robust across most non-OECD regions in the long term. India emerges as the main driver of global energy demand growth. The country’s primary energy demand is projected to double between 2025 and 2050 and reach 45.6 mboe/d by 2050. Other https://t.co/mk0znQ5Sn2
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rss7/27/2026, 9:28:36 AM
Hurricane Genevieve Graphics
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Wind Speed Probabilities last updated Mon, 27 Jul 2026 09:28:36 GMT
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x7/27/2026, 9:00:59 AM
The first African Forum on Gender and Child Statistics in Yaoundé, #Cameroon ended with a clear message: Africa needs stronger, smarter and more inclusive data systems to ensure women and children are
@AfDB_Group
The first African Forum on Gender and Child Statistics in Yaoundé, #Cameroon ended with a clear message: Africa needs stronger, smarter and more inclusive data systems to ensure women and children are no longer left behind. ➡️ https://t.co/hvuyTs65bb #AfDBGender https://t.co/CsU9vnnihz
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rss7/27/2026, 9:00:00 AM
Euro area economic and financial developments by institutional sector: first quarter of 2026
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Euro area economic and financial developments by institutional sector: first quarter of 2026
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rss7/27/2026, 8:49:09 AM
Hurricane Genevieve Forecast Discussion Number 12
@www.nhc.noaa.gov
Issued at 200 AM MST Mon Jul 27 2026 362 WTPZ42 KNHC 270848 TCDEP2 Hurricane Genevieve Discussion Number 12 NWS National Hurricane Center Miami FL EP072026 200 AM MST Mon Jul 27 2026 Genevieve has maintained a clear and well-defined eye for the last 12 to 18 h. During that time, eye temperatures have warmed and the area of cold cloud tops surrounding the eye has expanded, leading to continually increasing satellite intensity estimates. The D-PRINT, D-MINT, SATCON, and ADT satellite intensity estimates have all reached the 137-142 kt range over the past several hours, especially during the 03Z to 05Z time-frame, when Genevieve's satellite presentation looked most impressive. The latest TAFB estimate is 7.0/140 kt. Based on these numbers, Genevieve is upgraded to a 140-kt category 5 hurrican
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rss7/27/2026, 8:48:32 AM
Hurricane Genevieve Wind Speed Probabilities Number 12
@www.nhc.noaa.gov
Issued at 0900 UTC MON JUL 27 2026 000 FOPZ12 KNHC 270848 PWSEP2 HURRICANE GENEVIEVE WIND SPEED PROBABILITIES NUMBER 12 NWS NATIONAL HURRICANE CENTER MIAMI FL EP072026 0900 UTC MON JUL 27 2026 AT 0900Z THE CENTER OF HURRICANE GENEVIEVE WAS LOCATED NEAR LATITUDE 15.5 NORTH...LONGITUDE 112.2 WEST WITH MAXIMUM SUSTAINED WINDS NEAR 140 KTS...160 MPH...260 KM/H. Z INDICATES COORDINATED UNIVERSAL TIME (GREENWICH) PACIFIC DAYLIGHT TIME (PDT)...SUBTRACT 7 HOURS FROM Z TIME HAWAIIAN STANDARD TIME (HST)...SUBTRACT 10 HOURS FROM Z TIME WIND SPEED PROBABILITY TABLE FOR SPECIFIC LOCATIONS CHANCES OF SUSTAINED (1-MINUTE AVERAGE) WIND SPEEDS OF AT LEAST ...34 KT (39 MPH... 63 KM/H)... ...50 KT (58 MPH... 93 KM/H)... ...64 KT (74 MPH...119 KM/H)... FOR LOCATIONS AND TIME PERIODS DURING THE NEXT 5 DAYS PRO
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rss7/27/2026, 8:48:02 AM
Hurricane Genevieve Forecast Advisory Number 12
@www.nhc.noaa.gov
Issued at 0900 UTC MON JUL 27 2026 000 WTPZ22 KNHC 270847 TCMEP2 HURRICANE GENEVIEVE FORECAST/ADVISORY NUMBER 12 NWS NATIONAL HURRICANE CENTER MIAMI FL EP072026 0900 UTC MON JUL 27 2026 HURRICANE CENTER LOCATED NEAR 15.5N 112.2W AT 27/0900Z POSITION ACCURATE WITHIN 15 NM PRESENT MOVEMENT TOWARD THE NORTHWEST OR 310 DEGREES AT 11 KT ESTIMATED MINIMUM CENTRAL PRESSURE 925 MB EYE DIAMETER 20 NM MAX SUSTAINED WINDS 140 KT WITH GUSTS TO 170 KT. 64 KT....... 40NE 30SE 20SW 40NW. 50 KT....... 80NE 70SE 50SW 70NW. 34 KT.......140NE 170SE 80SW 130NW. 4 M SEAS....240NE 180SE 150SW 180NW. WINDS AND SEAS VARY GREATLY IN EACH QUADRANT. RADII IN NAUTICAL MILES ARE THE LARGEST RADII EXPECTED ANYWHERE IN THAT QUADRANT. REPEAT...CENTER LOCATED NEAR 15.5N 112.2W AT 27/0900Z AT 27/0600Z CENTER WAS LOCATED NE
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