There would be very few winners from any further escalation of the crisis in Ukraine, but Russia still has more to lose in economic and financial terms than the West. In particular, Western European...

The fiscal drag in advanced economies is fading more rapidly than previously forecast, which should provide some support for the global recovery in the coming year or two. But the longer-term outlook...

Continued high savings rates in emerging economies and weak investment in advanced economies suggest that real interest rates will remain low for many years. In addition, policy-makers have a strong...

A range of business surveys published today and yesterday suggest that global manufacturing output is still growing at a reasonable pace, led by the US. However, the euro-zone’s recovery has continued...