Recent Posts

Bannon seeks European upset with appeal to populist forces

Bloomberg Steve Bannon helped upend the political order in the US before falling out with President Donald Trump. Now he’s looking to recreate his former glories in Europe. Bannon is planning a roadshow across half a dozen European countries this week to organise a loose alliance of populist leaders and parties in a bid to gain a bigger foothold for ...

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Losing faith in the future?

It has long been an accepted axiom in the United States — and also in many advanced democracies — that the future would be better than the past. People took it for granted that living standards would rise and that life would be more comfortable and stable. Well, kiss that optimism goodbye. A new survey of 27 countries finds that ...

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Three more reasons to worry about Italy

It feels good again to be an investor in Italian government debt. Since the start of September, the yield on the benchmark 10-year bond has fallen from 3.24 percent to 2.79 percent, and the spread with German bunds has narrowed sharply. Bondholders seem confident that Italy’s finance minister Giovanni Tria will get his way in passing a prudent budget, despite ...

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