Is the global economy in for a new oil shock? | Larry Elliot

Trump’s hawkish stance with Iran could prove too much for an already fragile world economyAn oil price surge prompted by trouble in the Middle East inevitably conjures up memories of late 1973, when a dramatic rise in the cost of crude ended the long p…

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Trump needs to make peace with China and get a cut in interest rates | Larry Elliott

US president’s target has tended to be Beijing but his focus is likely to turn more to the Federal ReserveStock markets around the world are sending a message to Donald Trump: end your trade war with China or face the nightmare scenario of running for …

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