Food lies at the heart of Christmas celebrations around the globe. Whether it’s tamales steaming in Mexican kitchens, turkey roasting in American ovens, or spiced mulled wine warming hands in Germany, the holiday season sparks a global surge in demand for traditional foods. This demand doesn’t just shape family traditions—it drives agriculture, small businesses, and supply chains worldwide. Let’s explore how festive feasts influence the economies of countries like the UK, Mexico, Germany, and more.

The E-axes Forum has awarded its prestigious Research Prize for 2025 to two groundbreaking scholars whose work addresses the pressing intersections of climate policies and economic stability. Assistant Professor Shifrah Aron-Dine from UC Berkeley and DPhil candidate Sarah Duffy from the University of Oxford were recognized for their influential papers that explore the implications of natural disasters and climate change on financial systems and macroeconomic policies. 

Recognising innovation in the field of economics, the Infosys Science Foundation (ISF) has awarded the prestigious Infosys Prize 2025 in Economics to Nikhil Agarwal, the Paul A. Samuelson Professor of Economics at the Massachusetts Institute of Technology. 

Economists Esther Duflo and Abhijit Banerjee, Nobel Prize winners in Economics, will join the University of Zurich in July 2026, establishing the Lemann Center for Development Economics.