Recent Posts

Can they overcome distrust? Doubtful

President Donald Trump and Congress face a mountain of unfinished business — and chances are that most of it will stay unfinished. Of course, no one knows what will happen, and the president and congressional leaders of both parties have made the usual noises about cooperation. “There are a lot of good things that we can do together,” the president ...

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Brexit is puting London’s free access to business in jeopardy

Paris, Frankfurt and other European cities are rolling out the red carpet to welcome financiers quitting London as Brexit puts the UK capital’s free access to business on the continent in jeopardy. Rival hubs have love-bombed firms with promises of tax breaks and sweeteners. But they need to be on guard against a regulatory race to the bottom — as ...

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China is changing, far beyond tariffs and yuan

Recognising the passing of an era is key to understanding what the world economy will look like beyond the next couple of quarters. That big picture is what is lost in the current handicapping of specific yuan levels and the next tariffs. The larger point is that China is evolving into a different animal from the one that’s buoyed world ...

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