Not a day too soon, Europe is confronting the reality that it is investing too little. That is true for both public and private sectors, it is true for creditor economies and high-debt states, and it has been true...
The writer is chair of Rockefeller InternationalAs bank runs spread, it has become clear that anyone who questions a government rescue for those caught underfoot will be tarred as a latter-day liquidationist, like those who advised Herbert Hoover to...
How fast is eurozone inflation falling?European Central Bank president Christine Lagarde said last week that eurozone inflation would “decline steeply this year” while underlying inflation pressures would “remain strong”. Data to be released on Friday will show how these...
Bank runs in the digital age are extraordinarily swift. The demise of Silicon Valley Bank and Credit Suisse have demonstrated that. But at heart, bank runs are old-fashioned affairs. With the exception of a few decades of calm after the...
IMF managing director Kristalina Georgieva has warned of increased risks to financial stability and the need for vigilance following the recent banking sector turmoil in advanced economies.Speaking at a conference in Beijing, the IMF head said uncertainties in the...
Ukraine will no longer resort to “dangerous” monetary financing to fund its war against Russia, its central bank governor said, adding that an “open conflict” with the government over the issue had been resolved.Andriy Pyshnyy, the 48-year-old head of...
Workers in one of China’s busiest export hubs are struggling to get jobs as the global economic outlook weakens and tensions with the US push manufacturers to relocate factories outside China.The county of Kunshan, 50km from Shanghai in China’s...
Food producers are taking up record volumes of warehouse space in the UK, as the industry looks to prevent shortages such as those of fruit and vegetables that left supermarket shelves bare earlier this year. Although their efforts failed to prevent that...
Tim Cook has praised Apple’s symbiotic relationship with China despite rising trade and geopolitical tensions between Beijing and the US, and the iPhone maker’s own moves to diversify from the country. In his first visit to China since the...
The boardroom bust-up at Baillie Gifford’s flagship Scottish Mortgage Investment Trust has put the oversight of these venerable structures under an awkward spotlight. Last week the 114-year-old investment trust asked one of its non-executive directors to leave following a...