Economy
Our coverage of global economics, from inflation-fighting central banks to apprehensive financial markets
The US economy
What’s about to hit the world economy?
Trumponomics tees off
America Inc is hoping for a tax bonanza. It may be disappointed
Donald Trump’s promise of big tax cuts may not materialise
The return of Trumponomics excites markets but frightens the world
It may bring stronger growth, higher inflation and a global trade war
American men are getting back to work
The ultra-gloomy picture painted by politicians is no longer accurate
America’s economy is bigger and better than ever
Will politics bring it back to Earth?
The American economy has left other rich countries in the dust
Expect that to continue, argue Simon Rabinovitch and Henry Curr
China’s economy
Is China really a nation of slackers?
A new survey raises the question
Trump, trade and feeding China’s pigs
As a trade war looms, China looks to cut its reliance on America
China should not wait to stimulate its economy
It is heading into a trade war
China’s stimulus falls short, as a showdown with Trump looms
The country’s rulers may be saving their fiscal ammunition in case of a trade war
China is tightening its grip on the world’s minerals
That is making Western policymakers anxious
Why China may be saving its bazooka for Donald Trump
The Communist Party may be hoarding fiscal firepower to offset a possible trade war
Russia’s economy
Vladimir Putin is in a painful economic bind
Russia’s reliance on China is becoming a problem
How Vladimir Putin hopes to transform Russian trade
He believes the country’s future lies with China and India. What could go wrong?
Vladimir Putin spends big—and sends Russia’s economy soaring
How long can the party last?
How Vladimir Putin created a housing bubble
Prices have risen by 172% in Russia’s biggest cities over the past three years
Asia’s economies
The surprising stagnation of Asia’s middle classes
It could shake up everything from profits to politics
How South-East Asia can weather the Trump trade typhoon
The complacent region could use an outside jolt
India is undergoing an astonishing stockmarket revolution
Small investors, rejoice—and beware
How to protect India’s shareholder capitalism from itself
A surge in equity investment is threatened by risky derivatives trading
Donald Trump would leave Asia with only bad options
The continent’s policymakers are too relaxed about the risks
South-East Asia’s stodgy conglomerates are holding it back
The region’s ageing corporate empires are stuck in the past—and too cosy with politicians
Europe’s economies
Germany cannot afford to wait to relax its debt brake
It should move before the election
Britain’s government wants bigger pension funds
That will help savers but won’t boost growth much
Donald Trump is bad news for German business
But some companies will be hit much harder than others
Ireland’s government has an unusual problem: too much money
A tax windfall has added to already overflowing coffers
Data
Three charts show that America’s imports are booming
Here’s why that could spell trouble
The Big Mac index: where to buy a cheap hamburger
Meat-eaters may want to avoid Argentina
The world’s richest countries in 2024
Our annual ranking compares economies in three different ways
The economics of American lotteries
Our analysis shows poorer citizens spend a staggering amount on tickets
Where are Europe’s most expensive cities for renters?
Our “Carrie Bradshaw index” moves across the pond
American consumers are finally cheering up
Much to the relief of Joe Biden
Latest coverage
Europe
Once dominant, Germany is now desperate
As an election looms its business model is breaking down
Finance in 2025
India’s economy will soon overtake Japan’s
Will that cause an “India shock” for the world economy?
Finance & economics in 2025
Interest rates will come down sharply in 2025
The global economy has had a series of shocks, including the pandemic, an inflation spike and the invasion of Ukraine. As the dust settles, what has changed?
China in 2025
Can China turn ageing into an economic asset?
The “silver economy” could be a lucrative growth area in 2025
Asia in 2025
Will private firms step up to maintain India’s investment splurge?
The government’s reliance on public investment is probably not sustainable
By Invitation: The Americas in 2025
Argentina: the making of an economic miracle?
Governing with economic prudence has revived growth, says Javier Milei, president of Argentina
Europe in 2025
A fiscal squeeze in 2025 will harm Europe’s growth
It will affect politics and the war in Ukraine, too
Britain in 2025
How much will the British economy grow in 2025?
Conditions for economic growth are favourable, but results are uncertain
Economics in 2025
What Donald Trump’s election means for the global economy
His explosive plan for tariffs will damage world trade, but he will struggle to implement it in full
Finance & economics
Vladimir Putin is in a painful economic bind
Russia’s reliance on China is becoming a problem
United States in 2025
America’s economy enters 2025 in great shape
Politics will not spoil it—but Donald Trump’s agenda presents some serious risks
Finance & economics
Economists need new indicators of economic misery
Existing measures of discomfort are failing to predict elections
Finance & economics
America’s strengthening dollar will rattle the rest of the world
Donald Trump’s policies could send the greenback soaring