"There is ample reason to fear big economies such as the US face recession and financial turmoil"

>"US consumer spending fell in May for the first time this year and prior months were revised lower, suggesting an _...Read More_

>"Former Treasury Secretary Lawrence Summers said the US jobless rate would need to rise above 5% for a sustained period in order to curb inflation that’s running at the hottest pace in four decades."

"Rising fuel costs, higher wages and the surging price of imported goods and raw materials are forcing a ‘change of behaviour"

>"The Chips Act would provide an enormous subsidy to chipmakers for making their chips in the US. This is extortion"

>"The war in Ukraine has clouded the near-term economic outlook. However, the European Fiscal Board concludes that current policy plans for 2023 amount to a broadly appropriate fiscal stance for the euro area as a whole. A moderate _...Read More_

>"Data due this week will be closely scrutinised to discern whether the market’s remarkable resilience is faltering"

>"Business confidence slumps to level that typically signals imminent recession, warns economist"

>"Rising prices and recession mean the last thing the government should do is muddle through and leave everything to the market, _...Read More_

>"The global economic order and the myth of sovereignty."

>"While Boris Johnson plays politics, Britain’s public sector is fraying at the seams"

>"The current economic crisis might finally usher in a more equitable social model"

>"From stagflation to strikes, the only way is down for the prime minister"

>"Central bank on high alert to raise interest rates more aggressively if needed, says Huw Pill"