What makes this particular market correction so spooky is that, unlike in 2008, no single reason has yet been identified as causing the downturn.
What share of the global economy is represented at the G20 summit?
Five Star leader Di Maio still has not learned that comments which may go down well during an election campaign can easily backfire for a senior politician in office.
In reality, German government debt levels have been going up during Merkel’s 12-year reign – and this despite a booming economy.
Financial engineering has paid much better dividends for corporations than actual engineering. For the health especially of the U.S. economy, this needs to be reversed.
The Economist’s recent feature on today’s Germany as a model for all of Europe was fake news. The signs of crisis – mainly a widespread complacency – are already visible in financial markets.
It can feel very rewarding emotionally to blame Mexicans (and other foreigners) for one’s economic plight. It is far less satisfying to yell at robots.
The surprisingly strong interest rate hike in Turkey makes a recession even more likely.
Russians worry that they will not live to collect their pension due to the proposed age increase. But to what extent is this true?
How Turkey’s central bank plans to regain market confidence that it will eventually hit its 5% inflation target again remains a mystery.