current state of the u.s. economy
- ECONOMY
Plant scientists welcome UK bill to deregulate crop engineering
The UK will on Wednesday introduce legislation to accelerate the genetic engineering of crops in England — to the delight…
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Cosco: China’s shipping giant expands its global influence
The world’s leading shippers all stopped deliveries to and from Russia after its invasion of Ukraine — with one crucial…
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Fourteen children killed in Texas school shooting, governor says
Fourteen children and one teacher have been killed at a shooting at an elementary school west of San Antonio, Texas,…
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Orbán declares state of emergency over crisis caused by Ukraine war
Viktor Orbán has declared a state of emergency, giving his government rights to rule by decree in response to an…
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Qatar pledges to invest £10bn in UK over next five years
Qatar has pledged to invest £10bn in the UK, including the technology, healthcare, infrastructure and clean energy sectors, as British…
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EU officials discuss vaccines deal to tackle monkeypox outbreak
EU officials are working on a potential centralised procurement deal for smallpox vaccines to be used against rising numbers of…
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Blank-cheque companies restate accounts after US watchdog’s warnings
Accounting restatements nearly quadrupled in the US last year and hit a 15-year high, as hundreds of blank-cheque companies were…
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US influence in Asia depends on economic engagement
A gaffe, a domestic political gambit, a cunning diplomatic stratagem or a simple moment of honesty: there are several ways…
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The west is divided over how the war in Ukraine must end
The writer is a columnist at Le Monde and fellow of the Robert Bosch Academy in Berlin Three days before…
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Trump is losing his stranglehold on Republicans
This is not an obituary of Donald Trump. He still has a plausible shot at becoming the first ex-president to…
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Chinese and Russian nuclear bombers fly over Sea of Japan as Biden visits Tokyo
Chinese and Russian strategic bombers flew over the Sea of Japan as Joe Biden attended a Quad summit in Tokyo,…
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Growth in UK business activity falls to 15-month low, fuelling recession risk
Growth in UK manufacturing and services activity has slumped much more than expected and to the lowest rate since January…
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Bill Winters: Governments have failed on carbon markets
This article is an on-site version of our Moral Money newsletter. Sign up here to get the newsletter sent straight…
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Cranswick calls on UK government to save pig farming industry
Cranswick, one of the UK’s largest pork producers, has called for government action to save the pig industry after feed…
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OECD tax deal falls well behind schedule
The OECD has admitted that its groundbreaking international tax deal to increase the amount paid by multinationals is falling significantly…
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How the great generational wealth transfer will shape our political future
Political parties as varied as France’s Rassemblement National and the US Democrats have been consoled in defeat by the fact…
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UK professional service firms seek exemptions to ban on Russia work
Auditors and tax advisers in the UK are lobbying the government for exemptions from a ban on working for businesses…
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Airbnb gives up on China as it shifts focus to outbound travel
Airbnb will close its domestic business in China this year, removing all listings by the summer and retreating after a…
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Europe must put more pressure on Russian oil exports
The writer is a senior research scholar at the Center on Global Energy Policy, Columbia University In 1951, six European…
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Starbucks to exit Russia over invasion of Ukraine
Starbucks has become the latest consumer brand to pull out of Russia as the wider exodus of multinational companies from…
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Chelsea Football Club sale set for approval after Abramovich meets ‘red lines’
Roman Abramovich’s £4.25bn sale of Chelsea Football Club to a consortium spearheaded by US financier Todd Boehly is expected to…
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Partygate photos prompt renewed criticism of Boris Johnson
Prime Minister Boris Johnson on Monday came under renewed criticism following the publication of photographs reportedly showing him drinking with…
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Australia is set to become less of an outlier on climate
As incoming prime ministers from opposition parties tend to do, Anthony Albanese declared that Australians had “voted for change”. In…
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Deglobalisation tops the agenda for world leaders
This article is an onsite version of our Disrupted Times newsletter. Sign up here to get the newsletter sent straight…
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The Irish language is having a moment in the sun
History was made at Stormont on May 13. In the imposing white edifice built to house what Northern Ireland’s first…
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Lessons for the Ukrainian refugee crisis from Syria
The writer is founder and CEO of Seenaryo, an NGO working with refugees For Syrians, Vladimir Putin’s tactics in Ukraine…
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Zelensky calls for global plan to rebuild Ukraine after war
Volodymyr Zelensky has urged the international community to help fund Ukraine’s reconstruction after the war and use frozen Russian assets…
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Lies weaken Russia in its trial of strength with the west
Vladimir Putin has a name for the west. He calls it the “empire of lies”. The Russian leader’s announcement of…
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Russian shipping group sells sixth of fleet to repay debts
Russia’s biggest shipping group Sovcomflot and its western lenders have sold a sixth of its Kremlin-owned fleet as part of…
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Eurozone to end negative interest rates within months, Lagarde indicates
The European Central Bank is on track to lift its main policy rate back to zero by the end of…
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David Canzini: Boris Johnson’s influential aide divides Downing Street
This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight…
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Short seller attack as instructive as ‘lost Champions League final’, says Grenke
A German leasing business that was subject to an attack by short seller Fraser Perring in 2020 said it has…
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Vive la différence between work and play
In the latest series of Netflix hit Emily in Paris, its young American heroine is scolded for her work-all-hours attitude…
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Global tensions strain weak links in tech supply chains
Technology often transcends borders. The internet is the clearest example: a network encircling the globe, connecting billions of people for…
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Has the Fed’s favourite inflation measure continued to fall?
Has inflation slowed US consumer spending? EY-Parthenon chief economist Gregory Daco says the US has already reached peak inflation, but…
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The EU has a plan for a common energy policy — now it must deliver
For the EU, Russia’s war on Ukraine has been an unexpected wake-up call. It has clarified European leaders’ thinking about…
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Portugal pledges to cut debt as borrowing costs rise
Portugal’s finance minister has vowed to remove his country from the “podium” of the three most indebted economies in Europe…
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Pennsylvania Senate race gets messy for Republicans after photo finish
Lawyers and former Trump officials have descended on Pennsylvania as the two Republicans vying for a chance to run for…
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Five things to watch for at Summer Davos
The World Economic Forum defines its mission as improving the state of the planet. Yet when it gathers 2,500 of…
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Family fears for health of activist on hunger strike in Egyptian jail
The family of one of Egypt’s best-known regime critics fears for his health after almost seven weeks of hunger strike…
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Big-money deals obscure risk for UK’s empty offices
More than two years since the pandemic first shuttered offices in the UK, they are still half empty. So why…
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Pessimism engulfs the Chinese economy as foreign investment fades
“No matter what you may be selling, your business in China should be enormous, if the Chinese who should buy…
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Tennis governing bodies strip Wimbledon of ranking points over Russia ban
The men’s and women’s professional tennis tours announced on Friday that they would strip the upcoming Wimbledon championships of their…
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Élisabeth Borne, a French technocrat with a political point to prove
It is easy to underestimate Élisabeth Borne, the newly appointed French prime minister. Labour unions did a few years ago…
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Is the global economy heading for recession?
If Leo Tolstoy were writing about today’s business conditions, he might have noted that happy economies are all alike but…
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Macron sticks by loyalists in new French government
French president Emmanuel Macron has stuck with loyalists to fill key posts in his new government as he tries to…
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The switch back from goods to services that wasn’t
Early in the pandemic, there was hope that humanity might draw a lesson or two from our renewed sense of…
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Stagflation and our unlearned history lessons
This article is an on-site version of our Swamp Notes newsletter. Sign up here to get the newsletter sent straight…
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Italy imports more Russian oil to feed refineries despite EU embargo plan
Italy has increased its imports of Russian crude despite EU efforts to end ties to Russian energy in an unintended…
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McDonald’s departure from Moscow marks the end of an era
It was the longest I’d ever queued for a hamburger. The line at Pushkin Square snaked back and forth through…
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