If global markets are unsettled, they have good reason to be so

Last week’s upheavals in bond values were an all-too-rational response to a cocktail of economic troublesEvery year the Federal Reserve Bank of Kansas City hosts a symposium in the Grand Teton resort of Jackson Hole. Some years, guests have little to d…

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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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Trump foolishly thinks gold standard will usher in a golden age

The president’s nominee for the Fed believes pegged exchange rates will fix the US trade deficit. Not soThere are now scores of efforts to psychoanalyse the US president Donald Trump’s nomination of Judy Shelton to the Federal Reserve board. Some empha…

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Trump adds a dismal dimension to the US-China trade dispute | Jeffrey Frankel

President asserts that the recent depreciation of the yuan amounts to currency manipulation. Not trueThe trade war between the US and China is heating up again, with the US president, Donald Trump, abruptly announcing plans to impose a 10% tariff on th…

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Branding cheese as feta and gruyere may be banned in Australia under EU deal

The trade minister, Simon Birmingham, has released a list of food products the EU wants protected as ‘geographical indicators’Australia is gearing up for a fight with the European Union over the naming of hundreds of products including feta, gruyere an…

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