For more than two years, markets have priced in a lot less monetary tightening than was signalled by the Federal Reserve’s “blue dots,” which represent the expectations of individual members of the Open Market Committee for the future path of interest rates. The surprise election of Donald Trump is likely to affect this divergence for two distinct reasons, and the ...

  In the wake of the U.S. presidential election result, EU leaders are placing an even greater premium on solidarity. So in this topsy-turvy year, here’s another sobering thought to consider: Robust growth of the U.K. economy since the Brexit vote could be bad news for both the country and the continent. Let me explain. The economic picture in Britain ...

  First, the good news. Carbon dioxide (CO2) emissions have stayed nearly the same for three years till 2015 at 36.3 billion tonnes. It will rise only by 0.2 percent by this year-end. Now, the bad news. Despite the levelling off of CO2 emission, it is not enough to check global warming and tackle climate change. The annual Global Carbon ...