Radical moves
Could a sway to the left in South America be the start of a new Latin step? Alexander Kozul-Wright looks at the partners. Political change in Latin America’s recent history …
Radical moves Read MoreGovernment
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 …
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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 …
Markets spooked as UK slashes taxes and boosts borrowing Read More
Bank of England and new UK government risk policy clash
LONDON, Sept 15 (Reuters) – The Bank of England and Britain’s new finance minister Kwasi Kwarteng will test their ability to jointly manage the economy next week, with the BoE …
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Queen’s funeral could push U.K. into ‘technical recession’: economic forecast
The death of Queen Elizabeth II could be the blow that sends the United Kingdom’s already-strained economy into a “technical recession,” according to one economic projection, as some Canadians also ring warning …
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European Central Bank could unleash a jumbo rate hike as the economy slides toward recession
FRANKFURT, Germany — The European Central Bank is expected to frontload a series of rate hikes and sacrifice growth in the region due to the rising cost of living which …
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Sterling suffered its worst month since Brexit, and analysts expect it to ‘plumb new depths’
LONDON — Sterling in August suffered its sharpest monthly fall against the U.S. dollar since the aftermath of the Brexit referendum, as political uncertainty and a historic cost-of-living crisis weigh …
Sterling suffered its worst month since Brexit, and analysts expect it to ‘plumb new depths’ Read More
Two-thirds of UK households to be in fuel poverty by the new year, according to new report
People living in the poorest and coldest regions of the UK will be the worst affected along with those who are already most likely to be struggling with the cost …
Two-thirds of UK households to be in fuel poverty by the new year, according to new report Read More
UK energy bills to rise by 80% in October as regulator announces hike
LONDON — Britain’s energy regulator announced Friday it will raise its main cap on consumer energy bills to an average £3,549 from £1,971 a year, as campaign groups, think tanks …
UK energy bills to rise by 80% in October as regulator announces hike Read More
French minister demands probe into TotalEnergies’ reported links to Russian army refueling
French Transport Minister Clément Beaune on Thursday called for an investigation on whether gas exploited by oil giant TotalEnergies has been used to fuel fighter jets used by the Russian …
French minister demands probe into TotalEnergies’ reported links to Russian army refueling Read More