After 27 years without a recession, Australia’s economy has started to wobble. So the authorities are contemplating reinflating the housing bubble.
Despite the overwhelmingly remain-leaning sentiments of the House of Commons, Brexit is proceeding relatively well, says Merryn Somerset Webb.
Britain’s employment figures have never looked better. Thankfully, says Matthew Lynn, we’re not alone.
Drier summers and a rapidly growing population mean parts of Britain will run out of water in 25 years. What can we do about it, and how much would it cost?
As US unemployment falls again, John Stepek looks at what it means for the markets and the global economy, plus a rundown of the rest of the charts that matter the most.
Turkey’s currency has slipped to an eight-month low against the US dollar, after a 40% slump in the first half of last year. The economy shrank by 3% in the fourth quarter of 2018 and inflation has reached almost 20%.
Central banks have revised down their inflation expectations. But the current subdued rate may not last.
Markets have been spooked by the inversion of the US bond yield curve, which often – but not always – heralds a recession.
Italy has become the first G7 nation to endorse the Belt and Road Initiative, China’s controversial series of global infrastructure investments.
“Modern monetary theory” – or MMT – is all the rage among progressive thinkers, especially in the United States. What is it? And does it stand up to scrutiny? Stuart Watkins reports.
In the UK it feels line there is no news except for news on Brexit. But there are a few bits of good news around, says Merryn Somerset Webb.