Ahead of India’s budget on February 1st, Narendra Modi asked Lakshmi, the Hindu goddess of wealth, to bless the poor and the middle class. The prime minister’s request for divine intervention mingled ...
Feb 5th 2025 When the 24 cabinet secretaries and top-level officials in Donald Trump’s new government assemble, they will form one of the wealthiest administrations in history. Whether they are the ve...
Feb 4th 2025 | Hong Kong Bullies are often told to pick on someone their own size. Donald Trump has just followed that advice. After America’s president threatened to start a damaging new trade war wi...
Feb 3rd 2025 | Washington, DC DONALD TRUMP took North America to the precipice of a trade war over the weekend. On February 3rd he cooled things down, delaying tariffs on Canada and Mexico by a month ...
Verizon is teaming up with ForgiveCo to clear $10 million in consumer debt for more than 6,500 North Carolinians impacted by Hurricane Helene.The communications company said the debt relief campaign i...
Feb 2nd 2025 | WASHINGTON, DC LESS THAN two weeks into his new administration, Donald Trump has placed large tariffs on America’s three biggest trading partners—raising the spectre of a global trade w...
Jan 23rd 2025 For bears of both the market and polar kind, a planet without an ice cap is a tragedy. The Arctic is warming four times faster than the world at large, causing ice to shrink by an area t...
“Short essays” appear to be causing big problems in China’s bond market. Over the past year the term has been used to refer to rumours swirling around financial hubs, which often originate with brief ...
Wall Street was poorly represented in the expensive seats behind Donald Trump at his inauguration. That honour fell instead to the leaders of America’s technology industry, who turned up en masse. Was...
Japan is used to the position in which it currently finds itself: apart from the rest of the rich world. Elsewhere, as inflation exceeded central-bank targets, rate-setters tightened monetary policy i...
“Have you no shame?” cried Boaz Weinstein during a presentation to investors on January 14th. The boss of Saba Capital, an American hedge fund, was railing at fund managers in Britain’s venerable inve...
When a government falls apart, pay attention to the laws ministers still manage to pass. Germany’s collapsing “traffic-light” coalition was unable to agree on climate policy or a budget, but it flashe...