If America goes after India’s oil trade, China will benefit
WHEN WESTERN countries began boycotting Russian oil in 2022, India saw an opportunity. Some 2.6m barrels a day…
The trade deal with America shows the limits of the EU’s power
“To be free, you need to be feared,” said Emmanuel Macron, the French president, on July 30th. “We…
Japan’s dealmaking machine revs up
The corporate raiders of the private-equity (PE) industry have been memorably compared to invading barbarians. But the industry…
The Federal Reserve sees a rare double dissent
For all the power it wields over the global economy, the Federal Reserve projects remarkable cool. Whereas rate-setters…
Struggling with the trade war? Amateur football might help
Suzhou is one of China’s most important electronics manufacturing centres. But who cares about that? On June 29th…
Inside Iran’s war economy
Even before the bombs began to fall, Iran’s economy was in a bad way. Six in ten working-age…
Can anything spark Europe’s economy back to life?
Europe has at last realised it has a problem with economic growth. Duh. Can it now find a…
How Europe can hurt Russia’s economy
VLADIMIR PUTIN is getting ready for an early Christmas. In the hope of a swift normalisation of relations…
Investors think the Russia-Ukraine war will end soon
War and peace are notoriously difficult to price. Just now they are even harder to ignore. Three years…
Elon Musk is failing to cut American spending
It all seems to add up to something big. On a daily, sometimes hourly, basis, Elon Musk claims…