As climate shocks continue to impact Europe’s economy, Uuriintuya Batsaikhan says outgoing ECB President Christine Lagarde’s successor must continue her work to mitigate them
Central bank independence in today’s world
In today’s shock-prone world, Andrew Bailey argues that independent, accountable central banks are more vital than ever for controlling inflation and safeguarding financial stability, and is optimistic about AI’s benefits for productivity and growth, while outlining the financial stability risks it poses
This week’s featured stories 02 November – 08 November 2026…
Welcome to the WCR weekly update. World Commerce Review is the global trade and finance platform, discussing all things political, regulatory, technological, financial and, most importantly, the future
Europe’s strained social model
As populist and nationalist forces gain ground across the EU, Marco Buti and André Sapir call for a new European social contract to counter their rise—one that pairs social protection with investment in human capital and aligns national and EU responsibilities
An opportunity to strengthen ECB governance and policies
Andreas Billmeier and Rebecca Christie see the imminent ECB Executive Board leadership change as a chance to prioritise expertise in appointments, restore staggered terms, and rethink how the ECB communicates policy
This week’s featured stories 26 October – 01 November 2026…
Welcome to the WCR weekly update. World Commerce Review is the global trade and finance platform, discussing all things political, regulatory, technological, financial and, most importantly, the future
Finance
Climate Action
Tax
Tax policy considerations for the circular economy
The EU Circular Economy Act is being prepared by the European Commission. Roel Dom, Heather Grabbe and Costanza Greppi Maturana examine how EU tax policy can support the transition to a circular economy by correcting market failures and incentivising sustainable resource use
Barbados: a strategic base for global wealth
As traditional wealth centres overhaul their tax regimes, high-net-worth individuals are reassessing where to live, hold assets and plan for the future. Ava-Marissa Lee explains why Barbados is well positioned to meet their evolving needs
Europe’s federated democratic learning state
Europe is moving towards invoice-level electronic VAT reporting. Thiemo Fetzer argues that, with AI-assisted processing of the information contained in electronic VAT invoices, the tax system can become not just a compliance and revenue-raising instrument, but a protected intelligence map of the economy
