{"nextPageNumber":3,"markup":"\n\n\n\n<div class=\"co__main\">\n\n    \n\n\n\n    <ul class=\"teaser-list teaser-type-default row row-cols-1 row-cols-sm-2 row-cols-md-3\">\n        \n            \n            \n                \n            \n            <li class=\"teaser-list__item\">\n                \n\n\n\n\n\n<article class=\"basic-teaser\" is=\"basic-teaser\">\n    \n        \n        \n\n        \n                <div class=\"basic-teaser__media media-is-image\/jpeg\">\n                    <figure>\n                        <div class=\"basic-teaser__info d-flex justify-content-between\">\n                            \n                                <p class=\"basic-teaser__supertitle\">Statement<\/p>\n                            \n\n                            \n                                <p class=\"basic-teaser__meta\">\n                                    08.07.2026\n                                <\/p>\n                            \n                        <\/div>\n                        \n\n        \n\n\n\n\n\n<img srcset=\"\/fileadmin\/_processed_\/3\/6\/csm_AdobeStock_1830509662_6e0f2650dc.jpeg 768w,\n                                    \/fileadmin\/_processed_\/3\/6\/csm_AdobeStock_1830509662_9cfaadc232.jpeg 990w,\n                                    \/fileadmin\/_processed_\/3\/6\/csm_AdobeStock_1830509662_54de5cc54b.jpeg 1200w,\n                                    \/fileadmin\/_processed_\/3\/6\/csm_AdobeStock_1830509662_0d916c46de.jpeg 1440w,\n                                    \/fileadmin\/_processed_\/3\/6\/csm_AdobeStock_1830509662_474f3b09ee.jpeg 1900w\" sizes=\"(min-width: 1200px) 50vw, 100vw\" class=\"image-embed-item\" src=\"\/fileadmin\/_processed_\/3\/6\/csm_AdobeStock_1830509662_0e837ff76a.jpeg\" width=\"320\" height=\"200\" loading=\"lazy\" alt=\"\" \/>\n\n\n    \n\n\n\n                        \n                            <figcaption class=\"caption caption-has-copyright-only\">\n                                <span class=\"copyright\"><p>© Adobe Stock | Framestock<\/p><\/span>\n                            <\/figcaption>\n                        \n                    <\/figure>\n                <\/div>\n            \n    \n\n    \n    \n\n    <div class=\"basic-teaser__header\">\n        <h3 class=\"basic-teaser__headline h2\">German defence budget 2027: a lot of money, the wrong priorities<\/h3>\n    <\/div>\n\n    \n\n    \n        <p class=\"basic-teaser__abstract\">\n            Johannes Binder, advisor to the President and a researcher specialising in defence economics at the Kiel Institute for the World Economy, comments on&hellip;\n        <\/p>\n    \n\n    <a href=\"\/publications\/news\/german-defence-budget-2027-a-lot-of-money-the-wrong-priorities\/\" class=\"basic-teaser__blocklink\"><\/a>\n<\/article>\n\n            <\/li>\n        \n            \n            \n                \n            \n            <li class=\"teaser-list__item\">\n                \n\n\n\n\n\n<article class=\"basic-teaser\" is=\"basic-teaser\">\n    \n        \n        \n\n        \n                <div class=\"basic-teaser__media media-is-image\/jpeg\">\n                    <figure>\n                        <div class=\"basic-teaser__info d-flex justify-content-between\">\n                            \n                                <p class=\"basic-teaser__supertitle\">News<\/p>\n                            \n\n                            \n                                <p class=\"basic-teaser__meta\">\n                                    25.06.2026\n                                <\/p>\n                            \n                        <\/div>\n                        \n\n        \n\n\n\n\n\n<img srcset=\"\/fileadmin\/_processed_\/c\/3\/csm_Panzer_Russia_Volodymyr_Shevchuk_AdobeStock_517897399_7823cf7f4a.jpeg 768w,\n                                    \/fileadmin\/_processed_\/c\/3\/csm_Panzer_Russia_Volodymyr_Shevchuk_AdobeStock_517897399_2f53aeef0d.jpeg 990w,\n                                    \/fileadmin\/_processed_\/c\/3\/csm_Panzer_Russia_Volodymyr_Shevchuk_AdobeStock_517897399_0da6da1a72.jpeg 1200w,\n                                    \/fileadmin\/_processed_\/c\/3\/csm_Panzer_Russia_Volodymyr_Shevchuk_AdobeStock_517897399_f9ab5df254.jpeg 1440w,\n                                    \/fileadmin\/_processed_\/c\/3\/csm_Panzer_Russia_Volodymyr_Shevchuk_AdobeStock_517897399_ea02f2f16a.jpeg 1900w\" sizes=\"(min-width: 1200px) 50vw, 100vw\" class=\"image-embed-item\" src=\"\/fileadmin\/_processed_\/c\/3\/csm_Panzer_Russia_Volodymyr_Shevchuk_AdobeStock_517897399_96a4f7f797.jpeg\" width=\"320\" height=\"200\" loading=\"lazy\" alt=\"Russian tank destroyed\" \/>\n\n\n    \n\n\n\n                        \n                            <figcaption class=\"caption caption-has-copyright-only\">\n                                <span class=\"copyright\"><p>© stock.adobe.com \/ Volodymyr Shevchuk<\/p><\/span>\n                            <\/figcaption>\n                        \n                    <\/figure>\n                <\/div>\n            \n    \n\n    \n    \n\n    <div class=\"basic-teaser__header\">\n        <h3 class=\"basic-teaser__headline h2\">Wars and military threats disrupt sovereign bond markets<\/h3>\n    <\/div>\n\n    \n\n    \n        <p class=\"basic-teaser__abstract\">\n            Wars rank among the largest shocks to government bond markets. A new study drawing on two centuries of data for more than 90 countries provides the&hellip;\n        <\/p>\n    \n\n    <a href=\"\/publications\/news\/wars-and-military-threats-disrupt-sovereign-bond-markets\/\" class=\"basic-teaser__blocklink\"><\/a>\n<\/article>\n\n            <\/li>\n        \n            \n            \n                \n            \n            <li class=\"teaser-list__item\">\n                \n\n\n\n\n\n<article class=\"basic-teaser\" is=\"basic-teaser\">\n    \n        \n        \n\n        \n                <div class=\"basic-teaser__media media-is-image\/png\">\n                    <figure>\n                        <div class=\"basic-teaser__info d-flex justify-content-between\">\n                            \n                                <p class=\"basic-teaser__supertitle\">News<\/p>\n                            \n\n                            \n                                <p class=\"basic-teaser__meta\">\n                                    23.06.2026\n                                <\/p>\n                            \n                        <\/div>\n                        \n\n        \n\n\n\n\n\n<img srcset=\"\/fileadmin\/_processed_\/5\/5\/csm_Controlroom_Finance_AI_chatgpt_ee324c990e.png 768w,\n                                    \/fileadmin\/_processed_\/5\/5\/csm_Controlroom_Finance_AI_chatgpt_8a069ea2db.png 990w,\n                                    \/fileadmin\/_processed_\/5\/5\/csm_Controlroom_Finance_AI_chatgpt_0f859ffa0a.png 1200w,\n                                    \/fileadmin\/_processed_\/5\/5\/csm_Controlroom_Finance_AI_chatgpt_c3ffa6890c.png 1440w,\n                                    \/fileadmin\/_processed_\/5\/5\/csm_Controlroom_Finance_AI_chatgpt_06f6d71104.png 1900w\" sizes=\"(min-width: 1200px) 50vw, 100vw\" class=\"image-embed-item\" src=\"\/fileadmin\/_processed_\/5\/5\/csm_Controlroom_Finance_AI_chatgpt_abd967d98f.png\" width=\"320\" height=\"200\" loading=\"lazy\" alt=\"\" \/>\n\n\n    \n\n\n\n                        \n                            <figcaption class=\"caption caption-has-copyright-only\">\n                                <span class=\"copyright\"><p>Kiel Institut \/ AI generated picture<\/p><\/span>\n                            <\/figcaption>\n                        \n                    <\/figure>\n                <\/div>\n            \n    \n\n    \n    \n\n    <div class=\"basic-teaser__header\">\n        <h3 class=\"basic-teaser__headline h2\">Europe’s financial leverage over the United States<\/h3>\n    <\/div>\n\n    \n\n    \n        <p class=\"basic-teaser__abstract\">\n            The United States has recently used various instruments of pressure—tariffs, military force—to advance its geopolitical aims. In Europe, the question&hellip;\n        <\/p>\n    \n\n    <a href=\"\/publications\/news\/europes-financial-leverage-over-the-united-states\/\" class=\"basic-teaser__blocklink\"><\/a>\n<\/article>\n\n            <\/li>\n        \n    <\/ul>\n\n\n\n\n<\/div>\n\n\n\n\n\n\n\n    \n\n\n\n\n    <div class=\"co__pagination\">\n      <div class=\"pagination readmore\">\n        <a class=\"readmore-button btn btn-secondary\" rel=\"nofollow\" href=\"\/publications\/news\/global-economy-prize-2025-awarded-to-landsbergis-huby-and-schnitzer?tx_ifwlistpages_listpages%5Baction%5D=readmore&amp;tx_ifwlistpages_listpages%5BcontentUid%5D=51028&amp;tx_ifwlistpages_listpages%5Bcontroller%5D=ListPages&amp;tx_ifwlistpages_listpages%5BcurrentPageNumber%5D=3&amp;type=1753357225841&amp;cHash=4d8a21c014919393f4e642c54eb15b64\">\n          show more\n        <\/a>\n      <\/div>\n    <\/div>\n  \n\n\n\n\n\n\n\n\n"}