The accounting trick at the heart of the world’s climate goals

The accounting trick at the heart of the world’s climate goals

On paper we can offset our way to net zero. In the real world,we cannot.

  • byCaitlin Fitzsimmons

Latest

Globalisation might be worsening inequality,but I’m OK with that

Globalisation might be worsening inequality,but I’m OK with that

It’s important to look at exactly how globalisation has tipped the scale when it comes to equality.

  • byMillie Muroi
The great American boom is running out of steam,leaving mountains of debt
Opinion
Opinion

The great American boom is running out of steam,leaving mountains of debt

The US economy is slowing to a halt. Personal savings are way down. National debt is way up. Brace yourself for a hard landing.

  • byAmbrose Evans-Pritchard
Xi and Putin’s love-in is an ominous sign for the West
Opinion
Opinion

Xi and Putin’s love-in is an ominous sign for the West

Russia and China have traditionally treated each other with mutual suspicion and loathing. But now they are closer than ever.

  • byLiam Halligan
It’s defend yourself,or get crushed by China’s export tsunami
Opinion
Opinion

It’s defend yourself,or get crushed by China’s export tsunami

An open world economy cannot exist with a deformed Chinese economy that accounts for 13 per cent of global consumption but produces 31 per cent of all manufactured goods.

  • byAmbrose Evans-Pritchard
China just unveiled a ‘ground-breaking’ fix for its property crisis. It’s not enough

China just unveiled a ‘ground-breaking’ fix for its property crisis. It’s not enough

Three years after China’s property sector started imploding,Xi Jinping is finally doing something meaningful to fix it. He needs to do more.

  • byStephen Bartholomeusz
Advertisement
The West is about to make a major error in its economic war against Putin
Opinion
Opinion

The West is about to make a major error in its economic war against Putin

Lack of attention to the “Global South” has come back to haunt now that Western interests are threatened by an axis of Russian,Chinese and Iranian authoritarianism.

  • byJeremy Warner
Why Joe Biden’s real enemy is the price of oil
Analysis
Energy

Why Joe Biden’s real enemy is the price of oil

Joe Biden’s battle for re-election as president of the United States now faces a surprise new threat – the surging price of petrol.

  • byJonathan Leake
US and China’s mounting debts could hurt us all
Opinion
IMF

US and China’s mounting debts could hurt us all

Rising government debt and deficits in the world’s two largest economies could have spillover effects on the rest of the global economy.

  • byStephen Bartholomeusz
China’s Xi Jinping might have to revise his five-year plan

China’s Xi Jinping might have to revise his five-year plan

China’s latest economic data highlights a glut of excess capacity and a flood of cheap exports,which is generating a growing backlash from a number of its trading partners.

  • byStephen Bartholomeusz
How Sicily’s mafia is tightening its grip on the economy

How Sicily’s mafia is tightening its grip on the economy

Sicily’s tourist hot spots are living an economic boom thanks to shows like The White Lotus. But behind the beauty,its underbelly is spreading its wings.

  • byRachel Sanderson