Written by If anyone was under any delusion that Donald Trump was not going to be as bonkers as he said he would be, then his announcement on Tuesday that he would slap a 25% tariff on all imports from Canada and Mexico (and deeper tariffs on China) should remove all doubt. “Tariff” has become the economic […]
Ksenia Yudaeva, under sanctions from the United States, has been elected as the International Monetary Fund’s executive director for Russia and Syria, the IMF said on Friday. The executive board is the IMF’s top day-to-day business decision-making body. Executive directors are elected by member countries or by groups of countries. The outgoing Russian executive director […]
Petrol and food prices will fall over the next two years thanks to a glut in oil production, the World Bank has said, offering hope to consumers that the cost pressures of the past three years could start to ease. Its analysis found that this year’s downward trend in the oil price resulting from increased […]