We are in a real-life game of Risk. In 2019, Fiona Hill, an official at the US National Security Council during Donald Trump’s first term, said the Russians had informally proposed a plan whereby they

Zipcar reverses out of Britain: Zipcar, the car-sharing group owned by US rental company Avis Budget, is leaving the British market. The UK unit swung to a £4m operating loss in 2024 from a £303,000 p

“The failure of economists to forecast recessions is virtually unblemished,” notes Prakash Loungani, assistant director at the International Monetary Fund (IMF). This includes the economists at the IM

Issue of the week: Venezuela and the markets ...

Classic car culture is developing at a meaningful pace in the Middle East, with events, collectors and auctions now well established, and gaining momentum – as demonstrated by the $85million total for

About a quarter of the size it used to be. Venezuela has the world’s biggest proven reserves of oil, estimated at more than 300 billion barrels, or around 17% of the global total. The oil lies onshore