Britain fell for a neoliberal con trick  even the IMF says so | Aditya Chakrabortty
November 5, 2018

The fund reports that Britains finances are weaker than all other nations except Portugal, and says privatisation is to blame, says Guardian columnist Aditya Chakrabortty

Columnists usually proffer answers, but today I want to ask a question, a big Continue reading

Trump’s trade war with China and Europe will hit global growth  IMF
October 13, 2018

UKs outlook for 2019 stays at 1.5% but previous forecast for 1.3% this year cut to 1.1%

Donald Trumps trade war with China and Europe is forecast to hit global growth this year and reverberate through 2019, the International Monetary Continue reading

World economy at risk of another financial crash, says IMF
October 11, 2018

Debt is above 2008 level and failure to reform banking system could trigger crisis

The world economy is at risk of another financial meltdown, following the failure of governments and regulators to push through all the reforms needed to protect Continue reading

Lehman Brothers collapse: where are the key figures now?
October 11, 2018

Ten years ago this weekend the investment banks bankruptcy caused panic in US and UK

Ten years ago this weekend Lehman Brothers crashed into bankruptcy the biggest corporate failure in history and sent the worlds financial system reeling close Continue reading

Trump hits China with $200bn of new tariffs as trade war escalates
October 10, 2018

President imposes import tariffs that will affect US consumers as he criticises unfair practices

Donald Trump has intensified his trade war with China by imposing new tariffs of $200bn on Chinese goods arriving in the US from next week.

The Continue reading

Lehman collapse: what has happened to the markets since?
September 29, 2018

The effect on the FTSE 100 through to pensions, house prices and savers

Stock market returns since Lehmans collapse

Lehman Brothers filed for bankruptcy on 15 September 2008, prompting a fall in the FTSE 100 of 4%. It was the Continue reading

Turkey buys time before day of IMF reckoning
September 9, 2018

Main elements of crisis remain unaddressed, with eventual bailout most probable outcome

Until reports came on Thursday night that the US was preparing to impose more sanctions, the Turkish government had had a decent few days. The currency crisis, Continue reading