In for a penny, in for a pounding: Britain’s ...
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The markets are so far entirely unconvinced that the new administration’s <a href="https://www.economist.com/leaders/2022/09/22/liz-trusss-selective-reaganomics-wont-work?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.ano ...
After decades as the continent’s penny-pincher, the country seems to be splashing out. That isn’t just a covid-19 response; a big thrift shift was already under way. Burundi’s brutal outgoing president of 15 years has died. Will his chosen successor be any better? And after so ...
Paroxysms in the market for gilts—British-government bonds that were once safe-haven assets—<a href="https://www.economist.com/leaders/2022/10/11/liz-truss-has-made-britain-a-riskier-bet-for-bond-investors?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligenc ...
The American economy appears to be making a miraculous recovery from inflation and the pandemic. So why the bad economic vibes? Consumer sentiment is low, and the Biden administration is struggling to gain credit for dodging recession. The lessons from that could soon be felt ...