Global economy

Our progress since 2008? Ten years older, and deeper in debt

A decade on from the collapse of Lehman Brothers, it doesn’t look like we’ve learnt any of the lessons of the credit crunch. But the next crisis won’t look the same as the last one, says John Stepek.

Ten years on: was it right to bail out the banks?

During the 2008 financial crisis, taxpayers had no choice but to underwrite the entire banking industry. And we’re still doing it, says John Stepek.

Ten years on: the biggest driver of the 2008 financial crisis has only got worse

The 2008 financial crisis was a result of “moral hazard” – individuals did not bear the full consequences of their actions. Nothing much has changed since then, says John Stepek.

The global clampdown on property tycoons

Soaring house prices in global capital cities have left governments scrabbling to appease angry voters who have been priced out. But are restrictions on foreign ownership the answer?

The charts that matter: is dollar pressure starting to ease off?

The US dollar fallen back a fair bit since mid-August. John Stepek looks at what that means for the global economy, plus all the other charts that matter.

Argentina’s economic flames won’t spread

With a recession looming, markets have started to worry that Argentina could have trouble meeting its financing needs. But this is a squall, not a storm.

Nicaragua lurches into crisis

A damning UN human rights report has put Nicaraguan president, Daniel Ortega, on the back foot. Emily Hohler reports.

The new scramble for Africa

Britain’s prime minister took a trip to Africa – but its leaders headed to Beijing. Emily Hohler reports.

Nafta deal: throwing sand in the global trade engine

The revamped Nafta deal between the US and Mexico does little to support global trade. In fact, it may do the opposite.

Time to get tough on Myanmar

Nothing has changed in Myanmar since it began to emerge from military rule in 2011. It’s time for the rest of the world to take a stronger line.

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