Wednesday, August 15, 2018
Global Economy

Global Economy

American oil refineries are working harder than ever before

American oil refineries are running full tilt to meet insatiable demand for gasoline and diesel at home...

Blockchains could breathe new life into prediction markets

WILL a Democrat win America’s next presidential election? Will Tesla file for bankruptcy by the end of 2019? Punters now have a new option for such bets: Augur, an online...

The threat Turkey's crisis poses to the world

A dangerous mix of economic and political forces has triggered a crisis in Turkey and other emerging...

What happens next in Turkey? It probably won't be good

The worst may be yet to come for Turkey. The Turkish lira has dropped more than...

Corporate America is raking in fat profits. Will it last?

Corporate America is growing practically nonstop thanks to massive tax cuts and a booming economy. Already...

Why the largest group of American corporate bonds is a notch above junk

BY HIS own account Christopher Hitchens, an author who died in 2011, was a poor student. He left Oxford with a third-class degree. This was not for want of ability....

Is China losing the trade war against America?

WHEN Donald Trump tweeted on August 5th that tariffs were working “big time”, American media sprang into action to test the claim (see article). In China, editors were more circumspect....

Tariffs on steel and aluminium are creating some winners

DONALD TRUMP credits the tariffs he has imposed on steel and aluminium imports, and on a range of Chinese products, with almost magical potency. Either they will force other countries...

Our cities house-price index suggests the property market is slowing

FROM Auckland to Amsterdam, Sydney to San Francisco, house prices in the best locations have gone through the roof. The Economist’s new house-price index covers 22 of the world’s most...

China to put 25% tariffs on $16 billion worth of US products

China has announced plans to put tariffs of 25% on US products worth $16 billion, the latest...
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NEWS

Google is fined €4.3bn in the biggest-ever antitrust penalty

“THE making of a big tech reckoning,” blared one typical headline earlier this year. “The case for breaking up Amazon, Apple, Facebook and...