The dramatic escalation of Russia’s crisis over the past twenty four hours is clearly not good news for the world economy. Nonetheless, both trade and financial links between Russia and the rest of...

The slump in oil prices to $60 per barrel should be a clear net gain for the world economy. Indeed, the potential boost to global demand is one important reason to expect prices to level out soon...

The collapse in global oil prices since June should directly benefit consumers in advanced economies by more than $200bn a year, or around 0.8% of their overall consumption. But the gains will be...

The latest slump in the oil price has wreaked havoc on some emerging economies and has taken a toll on the share prices of energy firms. Nonetheless, cheaper oil is still a net positive for global GDP...