Business surveys for October suggest the global recovery began the fourth quarter at the same subdued pace it recorded in the summer. They also suggest that the US and euro-zone economies continued to...

The jump in grains prices due to the exceptionally hot summer in the US still feeds headlines warning of another global food price shock similar to that in 2007-08. More recently, the spectre of...

We expect the euro-zone to experience a deep recession next year but the US to grow steadily, reflecting the region-specific nature of the crisis in Europe, improving fundamentals in the US and the...

The global recovery has slowed once more and growth is likely to remain subdued for at least another year. Admittedly, prospects for the US are relatively bright, but this is not sufficient to offset...