8 d. ago ALEX BRUMMER: Chancellor's blame game from letting mistake to economy

It has become Reeves' habit, whether dealing with personal indiscretions or great economic matters, to find others to blame when something goes wrong.

Politics

2 w. ago Trump administration considering curbs on exports to China made with US software

Plan would include everything from laptops to jet engines, to retaliate against Beijing’s latest round of rare earth export restrictionsUS politics live – latest updatesThe Trump administration is considering a plan to curb a dizzying array of software-powered exports to China, from laptops to jet engines, to retaliate against Beijing’s latest round of rare earth export restrictions, according to a US official and three people briefed by US authorities.While the plan is not the only option on the table, it would make good on Donald Trump’s threat earlier this month to bar “critical software” exports to China by restricting global shipments of items that contain US software or were produced using US software. Continue reading...

Politics

2 w. ago Donald Trump and Australian prime minister Anthony Albanese sign rare earth minerals deal – US politics live

US president says ‘we’re here to talk about trade, submarines, lots of military equipment’ as Albanese says deal is ‘$8.5bn pipeline’ to supply rare earths to USThe Senate will vote, for the 11th time, on a House-passed funding bill that would reopen the government at 5.30pm today.As the government shutdown enters its 20th day, there is little end in sight. The lower chamber is still out of session, as both parties continue to trade barbs over the lapse in funding. Continue reading...

Politics

3 w. ago ALEX BRUMMER: I've just met the world's top financiers and they're terrified. A catastrophic crash that will destroy savings, prosperity and living standard is coming. Britain's in deep, deep trouble

Every October, some 10,000 finance ministers and bankers from 190 nations around the planet assemble in Washington for the annual gathering of the International Monetary Fund

Events

3 w. ago Trump's rare earth row with China casts a dark shadow over the global economy, says ALEX BRUMMER

Washington and Beijing are at daggers, despite Trump's claims of a good relationship with supreme Chinese leader Xi Jinping (pictured together).

Politics

3 w. 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