Doomsday radar remains quiet for now

How’s the trade war going? Short answer: as badly as expected. Capricious tariffs have shown the rest of the world that the US cannot be trusted. And they have pushed trading partners away and closer

“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

ON THE CAMPAIGN TRAIL, PRESIDENT DONALD Trump made lofty claims about the benefits of raising tariffs. They will reshore American manufacturing jobs and encourage domestic spending, he promised. “Tari

The Russian threat Controversy of the week “The ...

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

Donald Trump’s demands for control of Greenland by means of punitive tariffs of 10%-25% on eight Nato allies, or perhaps by military means if resisted, is “without parallel or precedent”, says Faisal