World Economy
latest news & developments
Tariffs, power and the myths of free trade
From the looms of 18th century Bengal to clothing factories in Cape Town, tariffs have shaped the global economy not through free markets but through force
Muscular dollar awes the rest
South Africa is less likely to suffer but investors will look for the elusive factor — growth
Gold price predicted to drop – after record high
History suggests the metal’s rise is a blip but doubt over US interest rates makes a call difficult.
Sub-Saharan Africa’s marginalisation an ‘opportunity’
The continent is poised to flourish – if leaders ensure the rule of law and improve services.
G7 countries fall into the ‘Ring of Fire’
But emerging economies likely to continue along path of rapid growth.
China speeds towards crisis
Quick-fix economic strategies are a recipe for disaster, writes Larry Elliott.
Urgent need for global green new deal, says UN
The UN called on Monday on rich nations to forge a deal that puts climate change and poverty reduction at the heart of efforts to reboot the economy.
Africa braces for global shockwaves
While serious, Africa’s current economic situation is not as dire as it once might have been.