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Contributor(s): Pablo Hernández de Cos | In the last few years, central banks across the globe have faced a formidable surge in inflation, stemming from a succession of supply and demand shocks. In response, they have embarked on an extraordinarily sharp monetary policy tightening cycle. Governor Hernández de Cos looks at the lessons learned.

Contributor(s): Dr Lauren Sukin, Professor Jeffrey Legro, Dr Fred Kaplan | Russia’s war in Ukraine, breakthroughs in artificial intelligence, and mounting rivalry between the US and China in East Asia have raised anew concerns about the risks of nuclear war. Is the risk of nuclear war increasing?