This Month
- Opinion
- Opinion
US-China trade war choices for Chalmers’ green budget
The new incentives for critical minerals and green hydrogen are about more than industry policy. They will play out in a global contest over rival political systems.
- Richard McGregor
- Opinion
- Opinion
Why the world won’t respond to shocks as it did before
The world economy is fragmenting, with countries going in different directions. They will not react to frequent violent changes in the same ways.
- Mohamed El-Erian
Bank of England boss ‘optimistic’ interest rate cuts are coming
The BoE left its benchmark unchanged at 5.25 per cent, but the UK economy is looking ripe for a rate cut.
- Updated
- Hans van Leeuwen
Argentina launches 10,000-peso notes, worth $17, as inflation bites
The new note, worth five times more than the previous largest note, was introduced as Argentina’s annual inflation rate reached 287 per cent in March.
- Ciara Nugent
Biden fights back after Druckenmiller’s reckless spending lambast
Campaigning in a key state, Joe Biden defended his government’s massive government industry subsidies from critics including the billionaire investor.
- Updated
- Matthew Cranston
OECD upgrades global growth outlook as US outperforms
A faster-than-expected fall in inflation has set the stage for central banks to begin rate cuts in the second half of the year, boosting consumers’ incomes, according to the OECD.
- Leigh Thomas
What will central banks do in a cashless world?
The development puts new pressure on such institutions to reimagine their role and become more innovative.
- Mariana Mazzucato and David Eaves
European economy rebounds, but June rate cut still on the cards
The bounceback has not triggered inflation, creating space for the European Central Bank to start easing the squeeze before the US Federal Reserve.
- Hans van Leeuwen
April
US data shows economy in unexpected slowdown
Growth in the world’s biggest economy was slower than expected, while an acceleration in inflation reinforced expectations rates won’t be cut before September.
- Lucia Mutikani
- Opinion
- Opinion
America’s ‘supercharged’ economy can’t last
One overlooked reason for US resilience is a tonne of stimulus still coursing through the economy.
- Ruchir Sharma
Chalmers warns of ‘fraught and fragile’ outlook
Returning from Washington, the treasurer warned of a precarious global outlook, citing slower growth forecasts for China, Britain and Japan in the May budget.
- Ronald Mizen
- Opinion
- Opinion
Markets are a frog in boiling water on Iran-Israel
The latest round of Iran-Israel hostilities has crossed many lines and durably raised the geopolitical temperature in the region. Yet markets seem keen to brush this aside.
- Mohamed El-Erian
Why India’s confidence is growing
Narendra Modi’s reign as prime minister is producing a less liberal but more assured nation that is predicated on the idea of Hindu supremacy.
- Ravi Agrawal
- Opinion
- New Zealand
A double-dip recession in the land of the long white cloud
Recent reports have also revealed sluggish consumer spending, a pronounced slide in manufacturing, and bleak business confidence in New Zealand.
- Daniel Moss
- Opinion
- Opinion
Who is the ‘massive player with deep pockets’ behind gold’s surge?
A powerful force is stalking the world’s gold market and it is operating in the shadows. Whoever it is – or they are – seems insensitive to cost.
- Ambrose Evans-Pritchard
China GDP grows faster than expected on fresh stimulus
The Chinese government is drawing on infrastructure work - a well-used playbook - to help lift the economy, as consumers remain wary of spending and businesses lack confidence to expand.
- Updated
- Joe Cash and Kevin Yao
Dimon warns of ‘unsettling’ pressures on global markets
The CEO of JPMorgan sees a cascade of pressures including war, rising geopolitical tensions and inflation weighing over markets.
- Updated
- Rob Copeland
Markets cut rate cut bets as US inflation rises to 3.5pc
Stubborn inflation driven by fuel and rent has raised concerns of a resurgence in consumer prices and slashed expectations the Fed Reserve will start cutting rates in June.
- Updated
- Matthew Cranston
- Opinion
- Review
Why women don’t stick with economics
Economic models of anything are founded on the assumption of Homo economicus. No sensible woman looks at this model and recognises herself.
- Yanis Varoufakis
- Opinion
- Review
Population decline will destroy the West as we know it
By 2100, the number of people worldwide will have peaked. The value of assets will drop and the incomes they generate will fall.
- Dr Stephen Davies
