Economic News

Twenty years ago Joshua Cooper Ramo, a consultant, first wrote about the “Beijing consensus”. The Washington consensus of financial liberalisation,

Speaking in 2005, Mervyn King, then governor of the Bank of England, outlined his “Maradona theory of interest rates”. The

Pearls, it is said, represent purity. They may soon stand for something else: business dynamism. In Greenville, South Carolina, two

The Plaza Hotel has New York glamour in spades. Sitting at a corner of Central Park, it was the setting

Working on a trading desk is perhaps the closest an office job can get to a sport. Focus and reflexes

Since Russia began its invasion in 2022, Ukraine’s economy has shrunk by a quarter. But the ravages of war are

The sound of alarm bells is becoming harder to ignore. America’s stockmarket finished the first quarter of 2024 on an

Selling more oil at higher prices ought to be the stuff of dreams for a petrostate. But for Russia it

If any politician has the demeanour to ease tensions with Beijing, it is Janet Yellen. America’s treasury secretary comes across

In “Permutation City”, a novel by Greg Egan, the character Peer, having achieved immortality within a virtual reality over which