Global economy

Grossly distorted GDP statistics need an overhaul

Gross domestic product (GDP) is our main gauge of economic output. It has always been dodgy, but in the digital age we may need to dispense with it entirely, says Max King.

Here’s the real reason oil prices are soaring – it’s not all about Iran

The US is tightening sanctions on Iran and cracking down on its oil exports. But that’s not why the oil price has hit a new high, says John Stepek.

The next phase of shareholder activism

It’s no longer enough to research the investment methodology when choosing a fund, says Merryn Somerset Webb. You have to check its approach to ethics too.

Trump’s next trade tit-for-tat

While the trade war between the US and China may now be settled in negotiations, a new trade dispute is looming over the global economy.

A new spring for Africa’s dictatorships

Sundanese dictator Omar al-Bashir became the second north African leader forced from office this month in the face of mass protests.

Has Brazil turned a corner?

The new divisive president has a mixed record so far. Matthew Partridge reports.

Erdogan whittles away Turkish democracy

It was a symbolic loss for his party, but now Turkish president Recep Tayyip Erdogan wants to have another try.

Looking for profits in eye care will pay off for investors

Vision care may not sound exciting, but it is an enormous market expanding quickly as ageing populations require more – and increasingly sophisticated – treatments, says Matthew Partridge.

Hiroshi Mikitani: the visionary who built Japan’s Amazon

Hiroshi Mikitani’s talent for trend-spotting has already made him a billionaire. Now he has his sights firmly set on a new challenge. Jane Lewis reports.

It makes sense to lend to governments

No matter how ramshackle or indebted the country, buying its bonds is rarely a bad idea, says Matthew Lynn.

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