Climate mispricing in US property will be tough to fix

Mispricing of climate risks by US homeowners, lenders, investors and policymakers is distorting the housing market

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Polish bank profits remain uncertain after CJEU ruling

European court ruling fudges issue of Poles taking out mortgages denominated in foreign exchange

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Persistent unrest in Catalonia is increasing friction among the region’s pro-independence parties

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First 100 days of Greece’s new government is good start but the ‘honeymoon’ is already over

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China’s GDP growth slowed to 6% in the July-September quarter as external and domestic activity both weakened

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Revival of household demand remains an immediate priority for the new government

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Construction is rising, but lagging demand, and the resulting supply limitations are driving house prices higher

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Deleveraging and years of ultra-low rates have cut the chance of contagion but sector- and country-specific risks linger

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As Russians struggle to balance household budgets, many are resorting to loans and borrowing unsustainable sums

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Lower rates for longer means that eventual rate rises and costlier debt payments may shock vulnerable debt holders

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