Wednesday, June 20, 2018
Global Economy

Global Economy

Fed official: Trade fears are hurting business optimism

Escalating trade tensions have all but wiped out the optimism that businesses felt because of tax cuts,...

Ikea was shut out of India for years. Now it's going big

Before moving to India, John Achillea managed an Ikea store in St. Louis, Missouri, that got 1.6...

There is madness, but perhaps also method, in America’s trade policies

DIVINING meaning in the Trump administration’s trade announcements is a thankless task. No sooner does a policy seem settled than it is thrown up in the air once more. On...

European Central Bank sets end date for $3 trillion stimulus program

The European Central Bank has announced plans to wrap up its massive stimulus program at the end...

Turkey’s central bank has streamlined its fight against inflation

THE baroque era in Turkish architecture lasted deep into the 19th century, leaving behind lavish buildings, such as the Lily Mosque in Istanbul and waterside pavilions that seem to float...

Americans are spending like mad again

Americans are spending. A lot. And not just on Amazon. Retail sales rose 0.8% in May,...

The number of new banks in America has fallen off a cliff

THE single-storey main branch of the Texas Hill Country Bank, in Kerrville, sits at the back of a tired shopping centre, in the shade of a six-storey Wells Fargo building....

China is killing his business. Tariffs could make or break it

Garry Hartman hoped tariffs would save the factory he runs in Berwick, Pennsylvania. Now he's not so...

President Trump’s tariffs have united his opponents at home and abroad

“HOW am I going to compete?” asks Sohel Sareshwala. He runs Accu-Swiss, a Californian company making customised components for the manufacture of semiconductors and cars. President Donald Trump’s tariffs on...

India moves ahead with tariffs on US goods

India is moving forward with plans to hit back at the United States over trade. The...
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NEWS

The departure of the VW boss heralds a big shake-up

MOST chief executives relish a jump in their company’s share price. But spare a thought for Volkswagen’s Matthias Müller as he watched the...