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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Mystery $15m Iran shipment exposes Australian-owned firm to sanctions threat

Exclusive: shipping records and leaked video show subsidiary of multinational Incitec Pivot reloaded cargo from Iran, which is subject to stringent US sanctionsAn Australian-owned multinational is at the centre of a mysterious $15m shipment from Iran t…

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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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With Britain on the cusp of recession, ‘doomsters’ may be proven right

Brexit uncertainty has acted like a handbrake on business activity and dictating corporate cautionWhen Boris Johnson became prime minister he said the “doubters, doomsters, gloomsters” had got Britain wrong.After that first speech on the steps of Downi…

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Globalisation as we know it will not survive Trump. And that’s a good thing | Larry Elliott

The markets are spooked, but we need a new world order which makes room for local solutions and the nation stateThe significance of the trade war between China and the US goes well beyond the impact of tit-for-tat tariffs, or which of two self-styled s…

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