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‘Don’t Lurch’: Goolsbee Warns Against Premature Fed Cuts as Markets Bet on September Easing
With traders pricing a quarter‑point cut, the Chicago Fed chief urges patience amid sticky services inflation and tariff uncertainty A top Federal Reserve policymaker has cautioned colleagues against “lurching” toward interest‑rate cuts before inflation is durably back on track, even…
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Non‑Dom Exodus Fails to Materialise, Early HMRC Data Shows
Preliminary payroll figures suggest departures are tracking official forecasts — easing pressure on Chancellor Rachel Reeves after dire survey warnings The long‑mooted flight of Britain’s “non‑doms” has not come to pass—at least not yet. Early analysis of HM Revenue &…
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Brazil vs. the United States: A Rift Over Bolsonaro Tests Two Democracies
Tariffs, sanctions and a high‑stakes trial in Brasília have pushed relations to their lowest point in years. Can Washington and Brasília step back from the brink? BRASÍLIA / WASHINGTON — Two of the world’s largest economies are at odds over…
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The Numbers Fight: Trump Picks EJ Antoni to Lead America’s Jobs and Inflation Scorekeeper
The president tapped Heritage Foundation economist E.J. Antoni to run the Bureau of Labor Statistics, igniting a debate over the independence of market‑moving data and how the U.S. measures its economy. WASHINGTON — The White House has nominated economist E.J.…
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Make in India at Risk: Can a 50% U.S. Tariff Wall Be Scaled?
Exporters warn that sweeping U.S. duties—totalling up to 50% on a majority of Indian goods—could derail New Delhi’s bid to build a supply-chain alternative to China. NEW DELHI — India’s signature industrial push, “Make in India,” is colliding with a…
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Trump Extends China Tariff Truce by 90 Days, Averting a New Shock to Global Trade
White House delays a scheduled jump in duties that could have risen to as high as 145% on Chinese imports; move buys negotiators time and spares retailers ahead of the holiday season. WASHINGTON / BEIJING – President Donald Trump on…
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Branding Bans and Empty Rotas: Whitehall’s Procurement Push Collides with Graduate Hiring
Graduate pipelines into teaching, prisons and social care are caught in a Whitehall rules squeeze. Sector leaders warn that rigid procurement terms—forcing well‑known schemes to rebrand when bidding for funds—risk hobbling recruitment just as the government battles chronic staffing shortages.…
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Anger in the Streets: Kenya’s Growth Story Meets an Impatient Generation
A decade of macroeconomic gains and tech‑driven optimism has not translated into enough good jobs. As youth‑led protests roil the country, Kenya’s political class faces a stark test: turn stability and success into momentum that matches the aspirations of a…
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Back to the Barrel: Big Oil Ramps Up the Hunt for New Reserves
A slower‑than‑expected energy transition and choppy prices have pushed the world’s largest oil companies to pivot back to exploration and reserve replacement, with Q2 2025 earnings signaling a decisive shift away from pure‑play renewables and toward drill‑ready prospects. London –…
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Too Much of a Good Thing: How Spain’s Solar Boom Singed the Power Market
Backed by Prime Minister Pedro Sánchez’s renewable push and an abundance of sunshine, Spain raced to the top tier of solar nations. Now midday oversupply, negative prices and curtailments are eroding profits and testing grids—forcing a pivot to storage, interconnections…
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