September’s purchasing managers’ surveys support our view that, for now, the world economy is slowing, but not heading for an outright recession. But advanced economies, particularly the eurozone, are...

The widespread adoption of new Tobin-style levies on financial transactions remains unlikely, despite the latest endorsement from EC President Barroso today. Nonetheless, there is growing...

The latest purchasing managers’ surveys suggest global economic activity remained very sluggish in August. Although the figures do not point to an outright fall in world GDP, they are consistent with...

The major Western economies are in dire need of some good news soon to prevent a renewed slide into recession. The best hope is probably a further fall in oil prices and a sustained decline in long...