The foreign-exchange market has been reinvigorated by recent events Source link
America and China prepare for an Alpine trade clash
SWITZERLAND ALWAYS imagined it would be where the fate of the global trading system was decided. It was in Geneva in 1947 that 23 countries signed the General Agreement on Tariffs and Trade, which governed negotiations over the next four decades. Geneva is also home to the World Trade Organisation, founded with high hopes in […]
Buy the dip: the trend that keeps stocks from crashing
Retail investors now play a useful role at times of panic Source link
Warren Buffett’s $348bn question for his successor
SURPRISING PEOPLE at the age of 94 is no mean feat. Warren Buffett has retained that capacity. As Berkshire Hathaway’s annual shareholder meeting on May 3rd drew to a close, Mr Buffett announced that he would be stepping down as CEO of the sprawling conglomerate. The move will come at the end of the year, […]
The $348bn question for Warren Buffett’s successor
SURPRISING PEOPLE at the age of 94 is no mean feat. Warren Buffett has retained that capacity. As Berkshire Hathaway’s annual shareholder meeting on May 3rd drew to a close, Mr Buffett announced that he would be stepping down as CEO of the sprawling conglomerate. The move will come at the end of the year, […]
Warren Buffett has created a $348bn question for his successor
SURPRISING PEOPLE at the age of 94 is no mean feat. Warren Buffett has retained that capacity. At the end of Berkshire Hathaway’s annual shareholder meeting on May 3rd, Mr Buffett announced that he would be stepping down as CEO of the sprawling conglomerate. The move will come at the end of the year, after […]
Don’t blame imports for the fall in America’s GDP
It is a tenet of Donald Trump’s economic philosophy that trade deficits are bad for growth. It can also seem like a cornerstone of GDP releases. On April 30th the Bureau of Economic Analysis said that America’s economy shrank at an annual pace of 0.3% in the first quarter of 2025, the first such decline […]
Why China has the upper hand in its trade war with America
“HAVE YOU heard of the eye of the storm?” asks a video posted on April 29th by China’s Ministry of Foreign Affairs. The centre of a tornado or cyclone can be deceptively calm. But it is actually a “deadly trap”. The world is caught in a similar spot, the ministry argues, thanks to the “tariff […]
Why economists should like booze
A martini doesn’t just steady the nerves after a rollercoaster week Source link
A takeover bid promises consolidation in Italian finance
But more complication, too Source link