Climate Change is Disrupting Global Trade

November 15, 2023--Panama's drought shows how trade disruptions from climate extremes can reverberate around the world
Around 1,000 ships pass through the Panama Canal each month carrying a total of over 40 million tons of goods-about 5 percent of global maritime trade volumes.

But water levels in this vital link between the Atlantic and Pacific oceans have fallen to critical lows because of the worst drought in the canal’s 143-year history.
Drought restrictions imposed amid insufficient rainfall at the Gatun Lake, which feeds the canal, have reduced throughput by some 15 million tons so far this year. Ships have faced an additional six days in transit. The authorities are exploring strategic options to boost the water supply in the canal.

As the Chart of the Week shows, ports in Panama, Nicaragua, Ecuador, Peru, El Salvador and Jamaica are suffering most from these delays, with 10 percent to 25 percent of their total maritime trade flows affected.

Infographic-G20 Inflation Tracker: July

September 4, 2025--Key Highlights:
Argentina and Turkey remain outliers, with inflation at 36.6% and 33.5%-the highest in the G20 despite some cooling.
The United States held steady at 2.7%, lower than expected even amid tariff pressures.
The United Kingdom saw inflation climb to 3.8%, running hotter than market forecasts.

How Stablecoins and Other Financial Innovations May Reshape the Global Economy

September 4, 2025--Policymakers will need to achieve a difficult balance between benefits and risks while safeguarding both individual consumers and financial stability
Three years ago, Finance & Development devoted a full issue to anticipating "The Money Revolution," driven by innovations in finance, such as crypto assets. That revolution is now unfolding.

Finance Changed, Risks Didn't

September 4, 2025--New technologies are rewiring liquidity, payments, and economic stability
More than 15 years after the global financial crisis,the banking and financial system looks safer. But it's also evolving in ways that are reshaping who provides liquidity,how money moves,and risks to economic and financial stability. As a result,the next shock may begin not in a bank,but in the new infrastructure underpinning the system.

Ondo Brings Over 100 Tokenized U.S. Stocks and ETFs Onchain, Starting on Ethereum

September 3, 2025--Ondo Global Markets offers 24/7 onchain exposure to U.S. stocks and ETFs
Over 100 U.S. securities are now available, with hundreds more coming
Available to qualifying global (non-U.S.) investors, making Ondo one of the largest gateways to U.S. markets for global investors