Economics & Markets

The end of globalisation

2016 will go down in the annals of history as the year that the world changed course. Hitherto, since the…

Earthquake in Italy: European banks tremble

Another vote, another shock Yesterday, Italy became the most recent domino to fall in the global populist revolution about which…

Escape from the Brexit Labyrinth

Every school kid now knows that if the British government wants to fulfil the will of the British people expressed…

India’s DIY recession

During the painful periods of hyperinflation in the last century, there were a few episodes when governments decided to demonetise…

Turkey is heading towards chaos

While the global euphoria ignited by Donald Trump persists, there are parts of the world where sentiment is a little…

Modi’s demonetisation sell-off is a buying opportunity

In keeping with the Indian Government’s reform agenda, on 8 November Prime Minister Modi announced the immediate withdrawal of Rs.…

The BONDfire of the Vanities

Last week I was in New York, and by sheer chance I ended up right next to Trump’s golden palace…

I, Philip Hammond…

UK public finances are way off course. But, despite the unsympathetic forces of a cynical state ranged against him, one…

The big flaw in Trump’s reflation plan

We have reached a point where people are so tired of the current economic model that they’re willing to support…

Why you should be worried about global debt levels

Financial Armageddon? At least you reacted… Readers’ reactions to my piece in this month’s MI magazine on the theme of…