Recent stories
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King Dollar’s long reign is set to continue
President Donald Trump’s trade wars raise new concerns about the US dollar’s future as a reserve currency. Members of his administration are also ambivalent about the greenback’s status. Yet the dollar has defied doom-mongers for half a century. It will not be easily dethroned.28 Mar 2025 -
Trump’s confidence-sapping policies echo the 1930s
Unpredictable tariffs have pushed measures of US economic uncertainty to record highs. Such periods are often associated with weak economic growth. Franklin Roosevelt’s New Deal reforms failed because they discouraged investment. The current president is making the same mistake.13 Mar 2025 -
Climate policy requires a more realistic approach
Despite trillions of dollars spent on renewable power, hydrocarbons account for over 80% of the world’s primary energy. Financial markets have lost confidence in the pursuit of net zero. The best governments can do is encourage the search for viable new electricity sources.27 Feb 2025 -
Buyout firms’ equity-debt double act is creaking
14 Feb 2025 -
Investors ignore the law of long-term averages
14 Nov 2024 -
Gold surge adds glitter to tarnished miners
31 Oct 2024 -
Inflation is not dead, it’s just resting
18 Oct 2024