Oil prices reached four-year highs of around $80 this week. And the fundamentals of the market point to even higher prices in the short term.
Saudi Arabia’s response to mild criticism from Canada seems to demonstrate that it is no longer inclined to turn a deaf ear. Matthew Partridge reports.
When it comes to taxation, our approach resembles our geography: we are somewhere between Europe and the US, and this chart shows.
The emerging market may not seem like a significant player in the global economy, but if it reneges on its debt, that could have huge repercussions. John Stepek reports.
For capitalism to thrive, there needs to be a strong shareholder base of ordinary investors, says Merryn Somerset Webb. Taking Tesla private sends the wrong signal.
For all their rhetoric, populists from Italy’s Matteo Salvini to Turkey’s President Erdogan will discover to their cost that they can’t fight the market. John Stepek explains what that will mean for your money.
Turkey’s President Erdogan is pointing fingers for the collapse of the lira. But Turkey was never a target, says John Stepek. Rather, it is a victim of a changing economic environment.
Turkey’s currency is crashing, its debt is spiralling out of control, and foreign investors are deserting the country. If things get worse, says John Stepek, it could spark wider trouble.
The price of copper has slumped by 18% in the past year it – a worrying sign for the global economy.
If trade tariffs lead to a slowdown in Chinese imports to the US, there would be knock-on effects for the emerging-market countries caught up in China’s supply chain.
Donald Trump has imposed sanctions on Iran. But the measures are unlikely to achieve much. Matthew Partridge reports.