Ukraine’s government agreed a preliminary deal this week to restructure $20bn of its sovereign debt, but the big picture is that the ability to service its debt will depend on the future course of the...

The 21st Forum on the African Growth and Opportunities Act (AGOA) took place in Washington this week with attention focussed on not only extending the legislation but also improving it in light of...

We think shipping costs would have to rise a lot further before having a significant bearing on consumer price inflation. Even so, the ongoing rise in shipping rates presents yet another upside risk...

Core PCE prices increased by 0.18% m/m in June, largely as expected and, although May's increase was revised up slightly to 0.13%, from 0.08%, that still means inflation has been running at a target...