The Declining Fortunes of the Young

2020-02-27T08:30:27-05:00February 27, 2020|

By Era Dabla-Norris , Carlo Pizzinelli, and Jay Rappaport

Will I do as well as my parents?

A positive answer to this question once seemed a foregone conclusion; now, for recent generations, less so. Despite being more educated than their parents, millennials—those born between 1980 and 2000—may have less job stability during their working life. Concerns that it might be more difficult to break into the middle class, or to have enough retirement savings, are also rising to the fore in policy debates in many advanced economies. (more…)

Cybersecurity Threats Call for a Global Response

2020-01-15T16:07:45-05:00January 13, 2020|

By David Lipton

عربي, 中文, Español, Français, 日本語, Português, Русский 

Last March, Operation Taiex led to the arrest of the gang leader behind the Carbanak and Cobalt malware attacks on over 100 financial institutions worldwide. This law enforcement operation included the Spanish national police, Europol, FBI, the Romanian, Moldovan, Belarusian, and Taiwanese authorities, as well as private cybersecurity companies. Investigators found out that hackers were operating in at least 15 countries.

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