It looks as if global GDP growth slipped below 3% on an annualised basis in the second quarter of this year, its lowest level since early 2009. We expect no improvement in the second half of the year.

The global economy, which slowed sharply in the second quarter, has made a poor start to the third. Growth appears to have slowed in most of the major advanced economies in July, supporting our view...

Some agricultural commodity prices have hit record highs this week, but the rate of increase of these prices is much lower than it was in 2007 or 2011, while energy prices are still lower than they...

The euro-zone crisis is taking its toll on the rest of the world. Activity slowed in all major economies in the second quarter, including the US, China and Japan. We expect growth to pick up in the US...