EU’s Costa on Single Market, US Relations, Ukraine
Original Report
European Council President Antonio Costa discusses Europe’s competitiveness. relations with the US and the prospects for EU nations unifying their markets to compete globally. Speaking to Bloomberg’s...
European Council President Antonio Costa discusses Europe’s competitiveness. relations with the US and the prospects for EU nations unifying their markets to compete globally. Speaking to Bloomberg’s Oliver Crook ahead of Thursday’s informal EU leaders meeting in Alden Biesen, Belgium, he also comments on defense and Ukraine’s possible accession to the bloc.
Glass House Analysis
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Immigration and health for elderly Americans
We measure the impact of increased immigration on mortality among elderly Americans, who rely on the immigrant-intensive health and long-term care sectors. Using a shift-share approach we find a...
Japanese stocks have been hitting record highs. But the rally may be 'fragile'
Japan's Nikkei 225 has notched several firsts in recent days, crossing 56,000, then 57,000 and nearing 58,000, fueled by the so-called "Takaichi trade."
Ten Dead, Dozens Injured in Mass Shooting in Canada
At least 10 people are dead and 25 injured after a mass shooting in northeastern British Columbia, according to the Canadian police. The incident appears to rank as one of the deadliest mass...
Ireland Must Build up Fiscal Buffers, Central Bank Chief Says
The Irish government should save more of its windfall from corporate taxes to make the public finances less vulnerable to future shocks, Central Bank of Ireland Governor Gabriel Makhlouf warned.