World economy

According to legend, King Canute of England set his throne on the shore and commanded the incoming tide to halt. The tide paid no attention. Photo: Bloomberg
Bloomberg Special

The King Canute theory of inflation

A satisfactory theory of inflation cannot take the form, “Inflation will remain low just because we say it will”

People are reflected on a glass in front of a large screen showing stock prices at the Tokyo Stock Exchange after market opens in Tokyo, Japan October 2, 2020. Photo: Reuters
Global Economy

Asian shares down as Alibaba's slide reignites China worries

Chinese and US flags flutter near The Bund, before US trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019/ Reuters
Global Economy

China overtakes US as the world's richest nation

A packet of US five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron
Global Economy

Dollar at 16-month peak as focus turns to retail sales data

Containers are seen at the Yangshan Deep-Water Port in Shanghai, China October 19, 2020. REUTERS/Aly Song
Bloomberg Special

Budget cuts will take a big chunk out of world economy next year

Bank notes of different currencies, including Euro, US Dollar, Turkish Lira or Brazilian Reais, are photographed in Frankfurt, Germany, in this illustration picture taken May 7, 2017. REUTERS/Kai Pfaffenbach/Illustration
Analysis

On inflation, central bankers shouldn't take market's word for it

A view of a gas station during fuel rationing in Portland, Oregon, 1973. Drivers were limited to five gallons per vehicle on a first-come, first-serve basis. National Archives/via REUTERS
Analysis

The 1970s all over again? Stagflation debate splits Wall St

Anne O Krueger. Illustration: TBS
Thoughts

The Bretton Woods credibility crisis

FILE PHOTO: A woman wearing a protective mask looks at her phone as she walks on a street, as Thailand imposes a nationwide night curfew from Friday April 3, to try to curb the spread of the coronavirus disease (Covid-19) in Bangkok, Thailand, April 4, 2020. REUTERS/Soe Zeya Tun/File Photo
Global Economy

How Covid-19 in Southeast Asia is threatening global supply chains

Containers are seen at the Yangshan Deep-Water Port in Shanghai, China October 19, 2020. REUTERS/Aly Song/File Photo
Bloomberg Special

Headwinds mounting for world economy into final stretch of 2021

Ann Pettifor. Illustration: TBS
Thoughts

Reclaiming central banks

Terraced houses are seen in Primrose Hill, London, Britain September 24, 2017. REUTERS/Eddie Keogh/File Photo
Bloomberg Special

The global housing market is broken, and it's dividing entire countries

It’s probably easier than working in a factory. Source: Bloomberg
Bloomberg Special

Amazon and Walmart are winning the labor market wars