Mar 9th 2025 | Tallinn War and peace are notoriously difficult to price. Just now they are even harder to ignore. Three years ago Russia’s invasion of Ukraine sent a wave of disruption through financi...
Mar 9th 2025 | New York “A strong dollar is in our national interest.” The simple message from Robert Rubin, who became treasury secretary in 1994, marked a turning point. For decades, American policy...
Canada’s business press remained sanguine. Belligerent statements by the American president, one Toronto-based newspaper wrote, were mere campaign rhetoric; he would ultimately decide against tariffs ...
The capital of Malawi, one of the world’s poorest countries, runs on aid. A city built in the 1970s by the World Bank, Lilongwe’s straight streets are filled with charities, development agencies and g...
Mar 5th 2025 | Mexico City, Ottawa and Washington, DC Keeping abreast of Donald Trump’s utterances on tariffs, from actual announcements to vague threats, is a dizzying task. One day he is set on wrec...
It is a fabulous time to be a gold bug. Not long ago, outing yourself as one was a good way of getting people to back away from you at an investment conference. The popular image was of someone in pos...
Mar 3rd 2025 | Washington, DC HE HAS ACTUALLY gone and done it. President Donald Trump had long threatened to impose hefty tariffs on Canada and Mexico, America’s two biggest trading partners. Last mo...
Mar 2nd 2025 | Washington, DC “The golden age of America begins right now.” So declared Donald Trump on January 20th in his inaugural address. In the six weeks since that chilly day, investors and eco...
Mar 2nd 2025 For much of the time since Nayib Bukele became president in 2019, El Salvador has teetered on the brink of default. The warning signs were familiar: high debt and interest payments, exace...
There's good news for potential homebuyers: mortgage rates continued to trend down this week. In January, rates hit 7.04%, the highest level since last May. This week, however, 30-year rates dropped t...