Hungary’s high-stakes election is beginning to look like an uphill battle for incumbent Prime Minister Viktor Orbán. At least that is what the polling shows: Orbán’s party, Fidesz, has been trailing opponent Péter Magya…
Read more →Editor's Note: At 10 PM Beijing time on August 28, Federal Reserve Chair Kevin Warsh delivered a speech at the Jackson Hole Global Central Bank Symposium, marking his first address at this prominent annual gathering sin…
Read more →“As soon as Trump started putting those tariffs on in February [last year], I started boycotting US goods,” he said. “Avoiding American products has driven my costs up, and I’m still happy to do it.
Read more →History remembers Gen Dwight Eisenhower , the supreme commander of the allied forces in Europe during the second world war, for his role in the D-day invasion of Normandy. Whether Scott Bessent will achieve similar post…
Read more →Bite into a Ritz cracker today and you’re eating 80% less saturated fat than you would have been just a few years ago. The biscuit looks and snaps the same, and tastes close enough that most buyers have no idea they’re …
Read more →As economic circumstances worsen, the PM’s commitments have left him and the chancellor in a tight spot
Read more →The Iran war has boosted China’s leverage in the energy sector and deepened its commercial presence in the Gulf. But states in the region want China to be a more proactive stakeholder, a role Beijing may not be ready to…
Read more →With higher energy bills looming and warnings of worse to come in the new year, many households could save up to £173 a year by switching to a fixed deal.
Read more →The UK risks becoming a laggard in the global AI race as crucial telecoms upgrades to harness the technology fall behind rival nations, according to senior industry executives.
Read more →Icelandic farmers were starting to get higher prices for their meat and milk, debt was no longer an occupational prerequisite and innovation was on the rise.
Read more →Europe is on course to enter the cooler months with gas stores at their lowest level in 13 years, which has triggered “winter panic” among energy traders, experts have warned.
Read more →Five-day showcase reveals leaps Beijing has made in humanoid tech, but also its limitations as US rivals come up from the rear
Read more →Federal regulators have opened an inquiry into so-called "mention markets" on prediction platforms, where traders wager millions of dollars on whether public figures will utter specific words, prompting Kalshi to suspen…
Read more →Donald Trump announced Friday a new US oil agreement with Venezuela’s interim president Delcy Rodríguez, saying the US will have “majority” control of 65bn barrels of proven oil reserves.
Read more →President Donald Trump said Friday his administration has reached a huge oil deal with Venezuela that gives the United States majority control of 65 billion barrels of proven petroleum reserves.
Read more →A large fire broke out at a waste facility close to Wembley Stadium in north-west London, disrupting tube and train lines in the area.
Read more →After multiple warnings against the "speculative" and "one-sided" currency moves, Japan's Ministry of Finance appears to have put its money where its mouth is and intervened in the yen during the country's Golden Week h…
Read more →The U.S. Securities and Exchange Commission has proposed amending Rule 3a12-8. The change would add European Union debt obligations to the list of foreign government securities exempted for futures marketing and trading.
Read more →It is a great pleasure to discuss Darrell Duffie’s paper “Tokenized finance and the perimeter of central banking” at this year’s Jackson Hole Economic Policy Symposium.[1]
Read more →The US Federal Reserve is not done fighting high inflation, its chair, Kevin Warsh, said in his first major speech in the role on Friday, emphasizing that it was “the Fed’s job to deliver stable prices”.
Read more →The head of the US central bank said policymakers will "have work to do" to if they are not confident cost of living pressures are easing for Americans.
Read more →The UK’s leading farming organisations and animal health experts have called for an urgent ban on imports of Brazilian meat, in light of concerns over the safety of imports.
Read more →The new Fed chair’s Jackson Hole speech appeared focused on strengthening his anti-inflation credentials, economists say.
Read more →Chair Allan Leighton says lower prices and an improved online service are attracting more shoppers
Read more →