BUSINESS
European economy: Lagarde wrestles with an ‘impossible situation’
The ECB president is set to raise rates to curb inflation just as war and energy prices threaten to tip the eurozone into recession
BUSINESS
Twitter may beat Elon Musk in court and still lose
The Delaware trial is sure to be a spectacle but outsmarting the world’s richest man will be a challenge
BUSINESS
We should be worrying about debt as well as inflation
Pundits have long ignored the issue because declining interest rates kept borrowers’ servicing costs low
BUSINESS
‘Mission impossible’: the problem with Biden’s plan to tame oil prices
US president hopes to convince Saudi Arabia to pump more while crimping Russia’s energy revenues
BUSINESS
Ukraine: Can Russia still win the war?
Analysts say Kyiv has six months to drive out the invading forces from the country before fatigue sets in and it faces prolonged military gridlock
BUSINESS
Martin Wolf writes: Inflation is a political challenge as well as an economic one
People care about price rises and the damage that they can do to real incomes
BUSINESS
America’s new agricultural frontier: vertical farms
After years of laboratory testing, companies are now racing to scale up their operations for commercial production of plants
BUSINESS
The mystery of how quantitative tightening will affect markets
Central banks are starting to shrink their balance sheets, but fund managers say they have no clue as to how QT will play out
BUSINESS
Is the US starting to resemble an emerging market?
Political risk and volatility are on the rise as the country’s divisions begin to deepen
BUSINESS
Twitter’s Parag Agrawal seeks to ‘swing back’ in Elon Musk takeover battle
The enigmatic Agrawal is beginning to come out fighting in front of staffers and the public
BUSINESS
Failure of US climate leadership compounds fears for COP27 summit
Big global emitters are calling into question the US’s commitment to tackling climate change
BUSINESS
Martin Wolf writes: Cryptocurrencies are not the new monetary system we need
It is time to prune the crypto thicket. But new branches must also grow on the tree of money and payments
BUSINESS
My garlic for a home: China struggles to revive property sector
The real estate market is struggling to recover as zero-COVID policies and developer debt sap buyer demand
BUSINESS
Ruchir Sharma writes: Emerging markets are in better shape than you think
They are less vulnerable to capital flight now than they were the last time global investors fled
BUSINESS
Index rejigs: Demotion would teach Meta the value of humility
Subjective groupings like “value” are the most artificial. But inclusion might just light a fire under bosses like Mark Zuckerberg
BUSINESS
IEA chief warns Europe to prepare for total shutdown of Russian gas exports
Fatih Birol says governments should keep ageing nuclear plants open and take other contingency measures
BUSINESS
Cryptocurrency fallout delivers sharp kick to decentralised finance dreams
Some networks have reneged on commitments to arms-length management
BUSINESS
The big risk to equities now is earnings, not valuations
If central banks succeed in reining in the current surge in inflation by damping demand, earnings should follow suit
BUSINESS
Mohamed El-Erian writes: Central banks and markets share a secular awakening
The global economy is now facing growth disruptions, harmful inflation, greater inequality, and unsettling financial market volatility
BUSINESS
Global trade is not going into reverse, says Maersk boss
US and European companies spreading production around Asia rather than reshoring, shipping group chief claims
BUSINESS
The Fed’s war on inflation is also a battle for the minds of consumers
Chair Jay Powell seems to understand that public perception matters but shaping it may be beyond his control
BUSINESS
Why we trust fraudsters
From Enron to Wirecard, elaborate scams can remain undetected long after the warning signs appear. What are investors missing?
BUSINESS
Policy errors of the 1970s echo in our times
Vast debts make the world economy more fragile than it was over 40 years ago
BUSINESS
Market mispricing of risk will continue
The misallocation of capital is not just down to freakish monetary policy
