Dec 10th 2024 | Washington, DC Interest rates at their highest in decades, wars in Europe and the Middle East, elections in countries as important as America and India. No matter. The world economy de...
Dec 10th 2024 Are you smarter than a ten-year-old? New data suggest that a shockingly large portion of adults in the rich world might not be. Roughly one-fifth of people aged 16 to 65 perform no bette...
Dec 9th 2024 Donald Trump, a man not renowned for the length of his attention span, likes simple formulas. Scott Bessent, his nominee to be treasury secretary, has one: “3-3-3”. He wants to cut Americ...
Lending from China posed a dilemma to leaders in cash-strapped poor countries. In the 2010s, as the Belt and Road Initiative (bri) got going, China began to invest vast sums in overseas infrastructure...
Dec 5th 2024 What do Barron Trump, son of the president-elect; some Islamic charities in Britain; and America’s legal cannabis industry have in common? This is not a set-up for a bad joke. Rather, all...
When things got tough, European finance ministers used to sigh and say that at least they were not Greek. Today, some would struggle to make such a comment. On December 2nd the yield on Greek bonds fe...
When economists explain the financial crisis that hit the “tiger economies” of Indonesia, Malaysia and South Korea, among others, in 1997, some reach for the term “crony capitalism”. A cosy relationsh...
Dec 5th 2024 Since American states started to legalise sports betting in 2018, the industry’s explosive growth and omnipresent advertisements have drawn widespread attention. But although America was ...
Dec 5th 2024 | Singapore Overlooking the ocean atop Singapore’s glitzy Marina Bay Sands casino, the Chinese Communist Party is out of sight but, for at least a few patrons, probably not out of mind. E...
AT FIRST GLANCE, it did no longer value that diverse from other sanctions. On November 21st The US’s Treasury Department imposed original restrictions on greater than four dozen Russian banks, alongsi...