6 h. ago The IMF boss is right to say ‘buckle up’ – the global economy is facing multiple menaces

Trump’s latest tariff tantrum and rising fears of an AI bubble have very quickly borne out Kristina Georgieva’s claim that ‘uncertainty is the new normal’Trump threatens 100% tariffs as Beijing restricts rare-earth exportsLittle more than 48 hours passed last week between IMF chief Kristalina Georgieva’s warning that “uncertainty is the new normal” and Donald Trump’s latest tariff onslaught – this time aimed at China.Markets plunged on Friday after Trump threatened to levy punitive additional tariffs of 100% on Chinese goods in retaliation for Beijing’s blocks on exports of rare earth minerals. Continue reading...

Economics

3 d. ago Is the AI bubble about to burst? JP Morgan boss joins dire warnings from BoE and IMF about risk of stock market crunch

JP Morgan boss Jamie Dimon said he was 'far more worried than others' about the risk of a serious correction.

Events

4 d. ago IMF chief warns ‘uncertainty is the new normal’ in global economy

Kristalina Georgieva outlines mounting risks to economic stability before fund’s annual meetings next weekBank of England warns of growing risk that AI bubble could burstGold price tops $4,000 for first time as investors seek safe havenThe head of the International Monetary Fund has issued a stark warning about the mounting risks facing the global economy, saying: “Buckle up: uncertainty is the new normal.”As finance ministers and central bankers prepare to meet in Washington for the IMF’s annual meetings next week, its managing director, Kristalina Georgieva said the world economy had shown surprising resilience in the face of Donald Trump’s trade war. Continue reading...

Events

2 w. ago Global economy more resilient than expected amid Trump tariffs, OECD says

International body warns of slowdown next year, with UK growth expected to lose ground among G7 countriesBusiness live – latest updatesThe global economy has been more resilient than expected in the face of Donald Trump’s tariffs, but is set to slow over the next year, the Organisation for Economic Co-operation and Development (OECD) has warned.The Paris-based club of industrialised countries has upgraded its projection for global GDP this year, to 3.2% – up from the 2.9% it expected in its last forecast in June. Continue reading...

Politics

3 w. ago France tells Macron to go NOW: After another day of rage, the French say 'clueless' president has destroyed the economy and society... and cannot face another two years of his leadership

Workers and students blamed President Macron for the economic and social deterioration of France as thousands took to the streets to call for his resignation.

Politics

3 w. ago Retailer Next warns UK economy faces years of ‘anaemic’ growth

Chain says fewer jobs, stifling regulation, unsustainable government spending and higher taxes will take a toll

Events

3 w. ago Beyond Charlie Kirk, Trump faces crises on the economy and immigration this week

Amid Trumpworld going all in on making Charlie Kirk its personal martyr, multiple crises face Trump

Politics

last month Voices: Zero change. Zero growth. Zero hope of Rachel Reeves being rescued

The chancellor, faced with a flatlining economy, is trapped in an impossible dilemma – come the Budget she’ll have to break her election promises or break her fiscal rules, warns John Rentoul

Events

last month Firms urge Budget rethink amid warnings of more shop closures and job losses

Rachel Reeves faces ridicule after admitting the economy is 'stuck' as businesses urged her to prevent job losses and shop closures.

Economics