Gone for broke
The Lords of Easy Money: How the Federal Reserve Broke the American Economy by Christopher Leonard. Review by Guy Dauncey Every healthy economy has a financial immune system to protect …
Gone for broke Read MoreAuthor: Henry Leveson-Gower
‘Path to oblivion’: Ukraine military gains could deepen Russia’s economic problems
Ukraine’s military has had stunning success in recent weeks, recapturing Russian-occupied territory in the northeast and south of the country. Holger Schmieding, chief economist at Berenberg, said the recent Ukrainian …
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Markets spooked as UK slashes taxes and boosts borrowing
LONDON — U.K. Chancellor Kwasi Kwarteng signaled a sharp change in British economic policy Friday as he cut taxes, pledging a “new era” focused on boosting growth. Markets reacted dramatically …
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The world’s largest carbon removal project yet is headed for Wyoming
A couple of climate tech startups plan to suck a hell of a lot of carbon dioxide out of the air and trap it underground in Wyoming. The goal of …
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Bank of Japan keeps ultra-low rates despite US Fed tightening
The Bank of Japan has maintained ultra-low interest rates and dovish policy guidance as it seeks to reassure markets that it will continue to swim against a global tide of …
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How artificial intelligence is recolonising the Global South
Patricia Gestoso tells how the Global North exploits poverty and weak laws in the South to accelerate its digital transformation. The hype around idyllic tech workplaces that originated in Silicon …
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Home grown is better for you
Harshita Bhasin and Anirban Dasgupta warn of the perils of living on imported food. The food crisis fueling an ongoing rush of inflation globally was already brewing due to the …
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India’s age concern
One of India’s greatest assets is youth. Jayan Jose Thomas calls for changes in established thinking to harness its potential. India, like many South Asian countries, has a young population. …
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Guy Standing: The Blue Commons: Rescuing the Economy of the Sea
Review by Alexander Kozul-Wright. In response to severe ocean stress, UN secretary-general, António Guterres, recently called on international organisations to nurture the “global commons for our greater good”. But renowned …
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The Alchemy of value
An excerpt from Serious Money: walking plutocratic London by Caroline Knowles Quant seems apprehensive as he arrives at the trendy east London Shoreditch bar, Looking Glass, where I am waiting, …
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