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Governments opting for oligarchy while brutally repressing protests over austerity and lack of jobs, charity report saysThe world saw a record number of billionaires created last year, with a collective wealth of $18.3tn (£13.7tn), while global efforts…
Experts say central banks are increasingly stuffing their vaults as an insurance policy in a volatile worldFifteen minutes after takeoff, the call came for Serbia’s central bank governor: millions of dollars’ worth of gold bars, destined for a high-sec…
Andrew Bailey says he and heads of other institutions have responsibility to ‘challenge back’ populist narrativesBusiness live – latest updatesThe governor of the Bank of England has urged the world’s leading global institutions to fight back against t…
Kevin Hassett, a top contender to replace Jerome Powell, suggests he believes Powell told truth about Fed renovationUS politics live – latest updatesDonald Trump’s top economic adviser, Kevin Hassett, said he expected there was “nothing to see here” as…
Mark Carney holds talks with Xi Jinping on rare Beijing trip as Canada seeks to diversify trade links away from USBusiness live – latest updatesCanada’s prime minister, Mark Carney, has hailed a “new strategic partnership” with China as he held talks i…
US to lower tariffs on Taiwanese goods to 15% as chip and tech businesses pledge $250bn spending in US operationsThe US said on Thursday that it has signed a deal with Taiwan to reduce tariffs on goods from the democratic island, while increasing Taiwa…
It may well be safer, easier and cheaper for US companies to procure whatever oil the US economy needs at homeThere are a few reasons that Donald Trump – now self-anointed acting President of Venezuela, as well as the United States – might be so excite…
While better-than-expected data for November offers hope for UK economy, clouds remain on the horizon• UK economy grew by better-than-expected despite budget uncertainty• Business live – latest updates• UK politics live – latest updatesAt the end of la…
Jaguar Land Rover’s recovery from cyber-attack appears to have contributed to GDP growthBusiness live – latest updatesThe UK economy grew by a stronger-than-expected 0.3% in November despite uncertainty around Rachel Reeves’s budget, official figures s…
Greater scope for interest rate cuts and reduced fears about government finances prompt bond yields to fallUK borrowing costs have dropped to their lowest level in more than a year, as investors were encouraged by more stable government finances and th…