Markets continue to bet on prospect of interest rate cuts from US central bank by end of 2024
Poor harvests hitting production have forced up the cost of key ingredient
Bipartisanship is not a good thing in itself. We should not mistake process for substance
When a measure becomes a target . . .
Also in today’s newsletter, more Patriot systems for Ukraine, and Gates defends AI’s high energy use
FATF decision set to give international investors more confidence about country’s assets
Upward revision to 0.7% was driven by stronger household spending
And more on deficits and stocks
The gravitational force of the EU economy will pull against the UK’s strategic alliance with Washington
Major sporting and cultural events fuel surge in hotel room prices and airline tickets in Europe
Few disagree on the goal but turning it into reality requires strategic thinking
The evidence for the effects of so-called reverse hysteresis are mounting
Premier seeks to win over sceptical foreign investors despite tension over trade
Fund says rising deficits create a growing risk to the domestic and global economy
Opinion polls suggest the US economy is imploding but hard data shows something else
Central bank concerned that risks in sector backing 2mn UK private-sector employees could spill over to rest of economy
Also in today’s newsletter, why one defence executive is worried about a potential Trump presidency
Retailers including Halfords flag sinking demand as customers avoid big purchases
Government data fuels concerns about overseas investors’ appetite for Britain
Britain enjoys strong services exports and a solid education system but low productivity growth and stagnant living standards
G20 should give serious consideration to blueprint for global minimum standard of taxing billionaires
Also in today’s newsletter, an interview with Jordan Bardella and what to look out for in tonight’s Biden-Trump debate
Policy like it’s 1999
Bloc to apply ‘emergency brake’ on imports from Kyiv signalling difficult membership talks ahead
Modi’s ambitions to create a manufacturing power come up against souring diplomatic relations with Beijing
International Edition