Sterling ‘flash crash’ fuels bearish calls of more weakness for the pound
It’s not been a great week for sterling, with the currency taking a further pounding overnight and analysts forecasting more uncertainty to come.
Is international trade always good for the economy?
Colm O’Regan reports on the global rise in protectionist sentiment.
Germany’s Schaeuble says can’t rule out new financial crisis
He warned that a new financial crisis could not be ruled out and said he agreed with the IMF’s assessment of banking system risks.
Huge US fines on Europe’s banks are ‘becoming a risk,’ says EU finance boss
Head of the euro zone finance ministers will use the IMF and World Bank meetings to discuss how the U.S. imposes fines on Europe’s banks.
The seed planter helping sesame farmers in Tanzania
Invented by entrepreneur Martin Constantine, a hand-pushed planting machine is revolutionising sesame seed farming in Tanzania.
I’m quite confident OPEC deal will hold: Nigeria finance minister
Nigeria is already seeing the dividends of diversifying its economy away from oil, according to Finance Minister Kemi Adeosun.
After the flash crash, who are the winners if sterling stays low?
Sterling has recovered slightly from its flash crash when it plunged against the dollar. Who will benefit if the pound stays low?
Hurricane Matthew weakens but is still ‘extremely dangerous’; at least 478 dead in Haiti
Hurricane Matthew weakened to a Category 3 storm overnight, but the National Hurricane Center said it remained “extremely dangerous.”
US created lower-than-expected 156,000 jobs in September
Job creation edged lower in September as the labor market showed there still may be room to run.
Why a weaker sterling isn’t all that bad for London’s Frieze art fairs
Fears over what Brexit could look like has cast a pall over the U.K., yet a weak pound could be a blessing in disguise for London’s art scene.