Why Harris isnโt talking about Bidenโs accomplishments
The Democratic nominee isnโt campaigning much on the Biden administrationโs bigger, slower-moving policies
Inflation
100 days of Starmer: How Labourโs big win went off the rails
After just a few months in office, the new British government is finding life tough.
France pledges to spare middle class after unveiling draconian budget cuts
The budget, unveiled on Thursday, aims to bring the deficit down to 5 percent of gross domestic product next year.
France plans to tax big business and the rich, while slashing public spending
Budget to tackle French debt includes a windfall tax on profits of the largest firms.
Germany braces for recession in 2024
The good news is that inflation is falling, and real incomes are rising.
How value chains survived the great inflation without state help
One-off supply-demand mismatches during the Covid shock donโt justify widespread government intervention
Budget will be key to Barnierโs survival
The French prime minister understands the scale of the emergency heโs been confronted with โ and that it will determine the fate of his minority government.
Czechia aims to be among the EUโs top 10 economies by 2040
As Czechia recovers from years of high inflation, newly appointed Industry and Trade Minister Lukรกลก Vlฤek has presented an ambitious economic strategy to become one of the EU’s top 10 economies in terms of GDP per capita by 2040.
โHighly restrictiveโ ECB rates could drive inflation below target, warns governor
Bank of Greece chief Yannis Stournaras sees case for two more cuts in Eurozone this year and further easing in 2025
Tipping culture is annoying, unfair and worst of all American โ and now itโs coming to Paris | Alexander Hurst
In the US, I was asked to tip after buying a single banana. To my horror, tip-creep is spreading in French bars and restaurantsAs an American living in Paris, Iโm not exactly sure when I first started having moments of culture shock on my visits back t…
Trump losing ground with women on economy, poll shows
An American University poll shows a majority of women trust Harris over Trump to address inflation and bring down the cost of living.
Turkish inflation falls below 50% in boon to Erdoฤan
Slowest price growth in over a year comes after painful rate rises
Rising prices and the cost of living are the top drivers of European votersโ choices
Although economic issues were the primary influence on voting behaviour in the European elections in June, positive views towards the EU and the European Parliament continue to rise.
BoE governor hits back at Liz Trussโ โdeep stateโ claims
Andrew Bailey said the Bank of Englandโs only agenda is โtrying to run an institution to its maximum effectiveness.โ
Central banks must stay on inflation alert in era of volatility, BIS says
Conflicts, climate change and trade disputes may require โforcefulโ rate rises in future, says Basel-based body
France plans eye-watering โฌ40 billion in budget cuts for 2025
Prime Minister Michel Barnier said it would take until 2029 to get the countryโs deficit in line with EU rules.
The big VP debate takeaway: Neither candidate delivered the goods
Walz and Vance played defense for the presidential nominees.
The Conservative Party conference was weirdly upbeat
The champagne was flowing โ but are the Tories in a state of collective denial?
Dublin unveils bumper budget with tax cuts and higher wages as election looms
Irish politicians have presented a generous new budget this afternoon, despite concerns about inflation risks and fiscal security.
Irish government splashes the cash to keep out Sinn Fรฉin
A bumper โฌ2.2 billion will go into votersโ pockets, with Appleโs bonus โฌ14 billion put aside as a nest egg for future projects.
Eurozone inflation drops in September, falling below ECB’s target
The drop below the target of 2% was mainly due to falling energy prices. However, the European economy may still not be out of the woods.
Euro zone inflation dips below 2%, strengthening rate cut case
Euro zone inflation dipped below 2% for the first time since mid-2021 in September, reinforcing an already solid case for a European Central Bank rate cut this month as a three-year battle to tame runaway price growth nears its end.
Eurozone inflation falls to 1.8%, below 2% target for first time in three years
Inflation fell from 2.2% in August, according to European Union statistics agency Eurostat. The last time inflation hit the ECB’s 2% goal was in June 2021 when it was 1.9%.
Eurozone inflation dips below target to 1.8% in September
Decline bolsters expectations that ECB will cut interest rates again this month
As the far right celebrates election success in Austria, this much is clear. It must be denied power | Farid Hafez
Though the Freedom party has won the biggest share of the vote, other parties can and should form alliances to sideline itFor the last few years the radical right Freedom party of Austria (FPร) has dominated opinion polls, outpacing historically mainst…
What Westminster (Massachusetts) really thinks about the US presidential election
A small town in Massachusetts is as politically divided as its London namesake.
German inflation drops below 2% for first time since early 2021
Softer price pressure and weak economic activity increase chances of ECB rate cut in October
Austrian parties to begin talks on forming government after far-right win
Exit polls show Freedom partyโs election gains came thanks to strong support among younger votersEurope live โ latest updatesAustriaโs main parties are preparing to begin tense wrangling to form a government amid warnings about the countryโs democracy …
How the Trump-Vance platform could win or lose
Donald Trump never stops talking about immigration, trade and the economy. Those policy areas have animated all three of the former presidentโs campaigns for the White House, and he often finds ways to morph other topics into border security, tariffs, taxes and inflation when heโs riffing on the campaign trail. And for years โ amid [โฆ]
Austria’s far-right Freedom Party comes out ahead in legislative election
Vote projections showed that Austriaโs far-right Freedom Party won national legislative election for the first time on Sunday. The far right has benefited from votersโ anxieties about immigration, inflation, Ukraine and other concerns.
Worldโs quandary on climate change: โWho the hell leadsโ if Trump wins?
The potential reelection of the former Republican president is causing anxiety in the global climate community.
Austrian far-right party hopes for its first national election win in a close race
Austriaโs far-right Freedom Party could win a national election for the first time on Sunday, tapping into votersโ anxieties about immigration, inflation, Ukraine and other concerns following recent gains for the hard right elsewhere in Europe. Story …
Austrians vote in tight election as far right eyes unprecedented win
Austriaโs far-right Freedom Party could win a national election for the first time on Sunday, tapping into votersโ anxieties about immigration, inflation, Ukraine and other concerns following recent gains for the hard right elsewhere in Europe.
Polls open in Austria’s parliamentary elections with far-right tipped to win
The Freedom Party is set to win a national election for the first time in its history as it taps into voters’ anxieties about immigration, inflation and the war in Ukraine.
Stock markets hit record highs after news of a fall in US inflation
S&P 500 index of major US companies registers near 100% gain on year ago amid expectation of interest rate cutsA fall in US inflation expected to pave the way for further cuts in interest rates pushed stock markets to record highs on Friday.Ending…
Cooling inflation opens door to October interest rate cut from ECB
Attention of policymakers is shifting from inflation to growth as unemployment starts to rear its head.
French and Spanish inflation dips below 2% fueling rate cuts hopes
Lower-than-expected inflation is fuelling bets for the ECB to keep cutting the benchmark interest rate in October.
The UK is losing its storied pubs due to tax and inflation
The country lost more than 50 pubs a month in the first half of 2024. Already hard hit by inflation and Brexit, the industry has suffered several tax hikes.
LโIrlande a un problรจme que tout le monde aimerait avoir : comment dรฉpenser les 14,1 milliards dโeuros dโApple ?
Dublin va rรฉcupรฉrer des milliards quโApple a รฉtรฉ condamnรฉe ร payer, alors que ses recettes dโimpรดt sur les bรฉnรฉfices atteignent dรฉjร des records.
Pandemonium in Finland as zoo sends expensive bears back to China
Bye-bye Huรก Bร o and Jรญn Bร obร o.
Why Russia’s economy is holding up, despite sanctions, inflation and labor shortages
The world’s most heavily sanctioned country, since it invaded Ukraine in February 2022, recorded year-on-year growth of 4% in the second quarter. But the Russian economy could suffer from structural handicaps.
Apple mega-bucks give Ireland a โฌ14 billion dilemma
More billions are on the way from the tech giant as the Irish hoover up multinational taxes at a breakneck pace โ but struggle to build what this booming nation needs.
Finland to return pandas to China early due to cost
Inflation and debt are among the reasons Lumi and Pyry are being sent home eight years early.
Finland to return pandas to China early due to cost
Inflation and debt are among the reasons Lumi and Pyry are being sent home eight years early.
UKโs growth forecast upgraded by OECD
Britain is set to rank joint second among G7 countries this year, behind the U.S.
UK economy to grow faster than Japan, Italy and Germany this year, says OECD
Forecast upgrades UK to joint second after US but it is still expected to have highest inflation among G7 countriesBusiness live โ latest updatesThe global economy is โturning a cornerโ, according to the latest outlook from the Organisation for Economi…
OECD presses governments on fiscal discipline, โbut not austerityโ
Paris-based organisation says big economies have โturned a cornerโ on inflation and need to consolidate budgets
Macron and Trudeau: The downfall of a pair of liberal bros
As the French president visits Canada, both he and Trudeau are grappling with declining popularity and the rise of right-wing movements that challenge their political legacies.
Biden on his climate legacy: โWe did itโ
The president celebrated his environmental successes and took aim at former President Donald Trump.
PMI data: eurozone business activity drops sharpy, technical recession โbaked inโ for Germany
* Euro zone business activity weaker than expected * German economy likely in recession, survey shows * Euro falls sharply on bets of further interest rate cuts (Adds bullet points, euro reaction in paragraph 3, bond market reaction in 10, details from…
Portuguese bank chief: ECB may need to accelerate interest rate cuts
ECB President Christine Lagarde had hinted last week that there would be no further action until December.
Kamala Harris hat ein Industrie-Problem
US-Politik fรผr Sie entschlรผsselt. Jeden Tag in Ihrem Postfach. Im Browser anzeigen oder hier anhรถren von JAKOB HANKE VELA Mit CARLOTTA DIEDERICH DIE TOP-THEMEN โ HARRIS UND DIE INDUSTRIE: Die Demokratin kรถnnte in Swing States, die stark industrialisiert sind, Wรคhler verlieren, befรผrchten ihre Parteifreunde.ย โ NEUE UMFRAGEN: Trump fรผhrt in Georgia, Harris in Pennsylvania. โ [โฆ]
UK inflation unchanged in August, cooling rate cut hopes
A sharp rise in airfares and the strength of the housing market kept inflation at 2.2 percent.
Die Fed will den Leitzins senken โ hilft das Harris?
US-Politik fรผr Sie entschlรผsselt. Jeden Tag in Ihrem Postfach. Im Browser anzeigen oder hier anhรถren von JAKOB HANKE VELA Mit CARLOTTA DIEDERICH DIE TOP-THEMEN โ LEITZINS-ENTSCHEIDUNG: Die US-Notenbank Fed wird heute wahrscheinlich den Leitzins zum ersten Mal in mehr als vier Jahren senken. Die Entscheidung wird weltweit genau beobachtet. โ PUTIN HILFT TRUMP: Microsoft hat [โฆ]
Trudeau digs in as his party ponders his ability to win
Whatever the prime minister is selling after almost nine years in power, Canadians are no longer buying.
Joe Biden preps to sell the economy โ to boost his legacy and help Harris
Biden is determined to convince a skeptical public that he strengthened the economy.
Panic on the canals: How a battle over wages in Venice highlights the complex reality overlooked by policymakers
An escalating standoff between workers and employers in Venice over an expired contract has exposed the volatile reality behind the data that informs Europeโs economic decision-making.
Trump will kein zweites Duell gegen Harrisย
DIE TOP-THEMEN โ KEIN ZWEITES DUELL: Trump will keine Revanchepartie gegen Kamala Harris und gibt bekannt, er werde nicht nochmal mit ihr debattieren. โ ZINSSENKUNG: Donald Trump gerรคt wegen der geplanten Zinssenkung der US-Notenbank in Konflikt mit seinen republikanischen Parteikollegen geraten, die die Unabhรคngigkeit der FED bewahren wollen. โ SOLARENERGIE: Das Energieministerium kรผndigte gestern eine [โฆ]
European Central Bank cuts rates again to 3.5%
ECB chief Christine Lagarde said that progress was being made in the fight against inflation, which was on a ‘declining path,’ But warned that the battle was far from over, with inflation likely to tick up again later this year.
Youโre on your own implementing Draghi report, Lagarde tells governments
โStructural reforms are not the responsibility of the central bank โ they are the responsibility of governments,โ European Central Bank president says.
ECB cuts interest rates to 3.5%
Second quarter-point reduction this year comes amid falling inflation and mounting signs of slower growth
ECB cuts interest rates again as inflation cools
The central bank has trimmed its growth forecasts owing mainly to weak domestic demand.
Trumpโs improv stood no chance against Harrisโ coached attacks
The vice president let Trump do the work of executing her strategy.
ECB to cut interest rates, but keep cautious stance amid uncertainty
Inflation likely wonโt return to target until late next year, a new set of economic forecasts is expected to confirm Thursday.
Trump wins the debate โ for Harris
The vice president let Trump do the work of executing her strategy.
Top Republican senator vents about Trumpโs debate performance: โA missed opportunityโ
He had some advice for the former president.
Harris won the debate โ and it wasnโt close
Our takeaways from the Harris-Trump debate.
Europeโs new normal: High energy bills, fading industry and one chance to fix it
German manufacturers are being strangled. The EU is feeling the pinch. Mario Draghi on Monday warned the EU may be staring at โslow agony.โ
The men with their mouths sewn shut magnify Georgiaโs โexistentialโ election
Floundering opposition parties struggle to balance foreign policy and domestic concerns as they seek to topple Russia-friendly government.ย
Why the Kremlin loves social media
This weekโs indictment of a social media content firm shows how itโs getting easier and easier for Russia to influence U.S. elections.
Volkswagenโs week from hell risks getting worse
The carmaker’s executives are locked in a stalemate with workers as the company’s future hangs in the balance.
Trump gegen Green Deal
US-Politik fรผr Sie entschlรผsselt. Jeden Tag in Ihrem Postfach. Im Browser anzeigen oder hier anhรถren von JAKOB HANKE VELA Mit CARLOTTA DIEDERICH โ TRUMP GEGEN GREEN DEAL: Der Republikaner will Joe Bidens Inflation Reduction Act einstampfen und Subventionen streichen. ย โ BIDEN PUNKTET IN PENNSYLVANIA: Kurz vor den Wahlen verspricht der Prรคsident, den von US [โฆ]
Top ex-judges call for reduced jail terms in England and Wales
Forty years of sentence inflation has left prisons โunfit for purposeโ, say former Lord Chief Justices
How Europe should react to the US presidential elections
Regardless of the raceโs outcome, the blocโs interests donโt fully align with those of Washington, and itโs time to finally recognize this.
Harris pulls ahead of Trump in battlegrounds, poll finds
Harris is polling ahead of Trump in Georgia, Michigan, Nevada and Wisconsin โ but her slight lead is either within or just barely outside the margin of error.
Iran pays millions in ransom to end massive cyberattack on banks, officials say
IRLeaks, a group with a history of hacking Iranian companies, was said to be responsible.
PMQs scorecard: Sunak punches Starmer over pensioners and Israel
The PM was probed on issues where he faces rumbling discontent from his backbenchers.
‘Europe desperately needs growth’
Piero Cipollone, member of the Executive Board of the European Central Bank, says he hopes wages will catch up with inflation.
Cheer up, Keir! UKโs Starmer told to lighten up
Elected on a landslide two months ago, the new British PM ought to be on top of the world. Instead his glumness is beginning to grate.
Harris targets small business tax break in contrast with Trumpโs corporate tax cuts
The vice president looks to beef up her economic plans ahead of next weekโs debate.
Donโt expect Britain to copy EU and American tariffs on Chinese cars
The UK is mulling an alternative strategy to its allies that could lead to a surge of imports of Chinese EVs.
Europe needs concrete action on connectivity policy
Policymakers have already recognized the need for a new digital approach. Done right, it can take us into a more prosperous, fair and flourishing future.
Turkeyโs economic growth slows to weakest level since Covid crisis
High interest rates meant to cool runaway inflation heaps pressure on businesses and households
Keir Starmer channels JFK for his climate โmoonshotโ
Are Labourโs ambitions for delivering clean energy an inspired example of ‘mission thinking’ โ or one more doomed big idea?
What Kamala Harris Should Learn From Richard Nixon
Try not to wreck the economy.
How Trump could make good on his universal tariff threat
The International Emergency Economic Powers Act gives the president sweeping authority to control economic transactions.
How Republicans and Democrats paint starkly different pictures of America
This summerโs conventions featured strongly diverging visions of the future โ and the present.
Interest rates are falling, but Europeโs big debtor countries still wonโt get much relief
Long-dated debt and slow growth means that overall borrowing costs will stay high and debt burdens heavy.
ECB mulls second interest rate cut as eurozone inflation falls to 2.2%
Drop to lowest level since 2021 may lead to cut in September though unemployment figures give cause for concernEurozone inflation fell this month to its lowest since June 2021, adding to the case for the European Central Bank (ECB) to cut interest rate…
Eurozone inflation falls to three-year low, slowing in France and Germany
The European Central Bank had cut rates in June. The institution has since kept rates unchanged, but the market hopes another cut will come in September.
Eurozone inflation falls to three-year low in August
Eurozone inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data showed on Friday, raising expectations of a European Central Bank (ECB) interest-rate cut.
Eurozone inflation falls to 2.2% in August
Decline comes amid expectations of further interest rate cuts from the European Central Bank
Turkeyโs blazing stock rally falters with high rates luring savers away
Istanbul index slides 8% as sweeping bid to rein in inflation ripples through markets
Germanyโs inflation rate tumbles to the lowest levels since March 2021
Germany’s inflation rate dropped to 1.9% in August 2024, the lowest since March 2021, boosting expectations of ECB rate cuts. The euro and Bund yields fell, while the DAX index hit record highs.
Spanish inflation falls more than expected to 2.4%
Easing of price pressures in Eurozoneโs fourth-biggest economy boosts hopes for rate cut next month
Analysts: ECB officialโs Jackson Hole speech offers little guidance on future rate path
A hotly anticipated speech by a top European Central Bank official at the Jackson Hole annual US central bankersโ summit in Wyoming on Saturday (24 August) failed to provide significant guidance on the European bankโs future rate path, analysts say.
The Latino vote could decide the US election. Kamala Harris knows it.
The vice president inherited a campaign that was in danger of falling off a cliff with Latino voters.
Republican fight over green subsidies heads toward a boiling point
The partyโs leaders may soon have to decide whether to preserve at least parts of the Democratsโ climate law.
Will the Fedโs preferred inflation measure edge higher?
Market Questions is the FTโs guide to the week ahead