Turkey’s economic crisis has gone off the radar — but there’s a huge chance it could get a whole lot worse

Turkey’s economic crisis has gone off the radar — but there’s a huge chance it could get a whole lot worse

After the flare-up in Turkey which saw its currency drop 25% in a week, major tensions with the US, and even talk of its entire economy collapsing, things appear to have quietened down over the past few days, as the country settles in to try and solve its problems. Just because things have calmed down,…

Trump’s ‚economic cold war’ with China could wreck any chance of a UK-US trade deal after Brexit

Trump’s ‚economic cold war’ with China could wreck any chance of a UK-US trade deal after Brexit

US President Donald Trump and Chinese premier Xi Jinping Getty Images / Thomas Peter-Pool Trump’s economic war with China could wreck the prospect of a UK-US trade deal after Brexit. That’s according to Gary Hufbauer, senior fellow at the Peterson Institute for International Politics. „We are entering into an economic cold war with China. We’re…

The past week’s economic data has given the Bank of England some serious thinking to do

The past week’s economic data has given the Bank of England some serious thinking to do

Britain’s Bank of England Governor, Mark Carney, addresses journalists during a press conference to deliver the quarterly inflation report in London, August 3, 2017. Reuters/Frank Augstein The Bank of England has aggressively signalled that it will raise interest rates in 2017. However, according to Andrew Goodwin, lead UK economist at Oxford Economics, the bank actually…