Shifting winds

“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

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

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

OUR 19TH CENTURY ECONOMIC MODEL is running on borrowed time. Finite resources are used to make things that we soon discard. Even if some are recycled, it’s a wasteful, polluting system that’s too frag

Companies in the news ...and how they were assessed

Even by the standards of recent years, 2025 has been a turbulent one for the car industry. For many automotive giants, particularly those in Europe, the number of different issues they’re having to ad