It may seem strange to be worried about inflation in the midst of a global recession, a pandemic and huge political ructions in the US. How fast this happens depends on how quickly the developed world recovers over the next few months, but pressures are building. As has been the case for many years, global inflation has “Made in Asia” ...

Britain believes it has chosen the ideal moment to throw its weight behind a financial innovation that might help save the world. As part of Prime Minister Boris Johnson’s blueprint to fight the climate emergency, the UK is exploring the creation of a London-based international market in carbon offsets, carbon credits and derivatives linked to emissions-cutting investments. The plan sounds ...

Bloomberg Afghanistan’s government is struggling to maintain its grip on power after President Donald Trump’s decision to accelerate US troop withdrawal from the war-torn nation emboldened the Taliban and other extremists groups. The United Nations has noted a dramatic surge in violence since Afghanistan President Ashraf Ghani’s government and the Taliban began peace talks in September, ranging from attacks on ...