Economy

U.S. launches economic formula for Middle East peace, Palestinians unhappy

 The Trump administration launched a $ 50 billion economic formula for Israeli-Palestinian peace on Tuesday, saying an investment programme for

Brainstorm Finance: Banking’s Future Will Be a Battle Over Consumer Trust

It all comes down to trust. And, of course, fees. “Our opening comes from the single great challenge that we

Low interest rates and sluggish growth may lead to currency wars

IN 2010, AS the euro zone’s sovereign-debt crisis escalated, the euro fell sharply, from $ 1.45 to $ 1.19. Soon

As growth slows, the spectre of local-government debt looms once more

A STATUE OF a golden bull, poised to charge, stands outside the headquarters of Xiangtan Jiuhua, a government-owned company that

How to stop governments borrowing behind their people’s backs

IN 2016 THE government of Mozambique confessed to secret debts of $ 1.4bn, or 11% of GDP, mostly as loan

How compatible are democracy and capitalism?

OF LATE THE world’s older democracies have begun to look more vulnerable than venerable. America seems destined for a constitutional

The Famous “Phillips Curve” to Predict Inflation Isn’t Working Like it Should

Cookies and milk. Keith and Nicole. Jay-Z and Beyoncé. There are certain relationships that just seem to last. In the

Digital technology will strengthen America’s biggest retail banks

BY ALMOST ANY measure, America’s biggest banks are behemoths. JPMorgan Chase’s balance-sheet weighs in at $ 2.7trn, Bank of America’s

A former official casts doubt on India’s GDP figures

ALMOST TWO years ago Arvind Subramanian, then India’s chief economic adviser, published a little-noticed passage in the finance ministry’s annual

Fiverr IPO: What to Know About the Company Capitalizing on the Millennial Gig Economy

“Gig-economy” service Fiverr got a new gig as a public company on Thursday. Fiverr is the latest freelancer company to