Is US capitalism really abandoning the ‘greed is good’ mantra? | Larry Elliott

The US roundtablers’ pledge is woolly. So it’s baby steps for now to stop Capitol Hill forcing more drastic changesMilton Friedman will be spinning in his grave at the heresy perpetrated by the US Business Roundtable. For the thick end of five decades …

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Warning signs for global economy: the countries spooking investors

From the US-China trade war through to the problems affecting Germany, Brazil, the UK and moreStock markets have taken fright over a number of warning signs from key economies, the latest this week being the inversion of the US bond yield curve and new…

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European markets rattled as global recession fears linger

Index of Britain’s top 100 firms at six-month low and oil prices fall 3% to below $58 a barrelStock markets in Europe extended their losing streak on Thursday and oil prices fell 3% to below $58 a barrel as mounting recession concerns continued to hit …

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