Investors should be rightly fearful of [the Facebook selloff] given that the tech sector has driven most of the gains in US markets over the past 18 months. A meltdown in this sector has the potential to get very messy indeed, with related ripple ou...
Financial markets have taken fright after Donald Trump fired the latest shots in an escalating trade war between the world’s two biggest economies by announcing $60bn (£42.5bn) of further tariffs on China. Amid relief in Brussels that the EU had won...
Donald Trump’s announcement of tariffs on $60bn worth of Chinese imports has raised the prospect of a trade war that threatens to engulf the global economy. The raft of trade sanctions will likely to trigger retaliation: even before the US presiden...
The expected rise in US interest rates will increase financial pressures on developing countries already struggling with a 60% jump in their debt repayments since 2014, a leading charity has warned. The Jubilee Debt Campaign said a study of 126 deve...
My father, Walter Elkan, who has died aged 94, was an economist who specialised in African economies and was an adviser to governments and global organisations. He was born in Hamburg. His father, Hans Septimus Elkan, was a businessman and his mothe...
Christine Lagarde has called for a crackdown on bitcoin by using the technology behind the digital currency to “fight fire with fire”. The head of the International Monetary Fund said authorities around the world could harness the potential of crypt...
Too little and far too late. Six words that sum up the performance of the Italian economy in the decade since the financial crisis, and that go a long way towards explaining the support for populist parties in the election. Indeed, if ever there was...