Christine Lagarde says policymakers decided ‘unanimously’ on this year’s second quarter-point reduction
Call from Ngozi Okonjo-Iweala adds to pressure from exporters including Brazil to ‘reassess’ rules
When it comes to lifting EU productivity, fortune will favour the bold
The shift to renewable energy is set to have a dramatic impact on skill requirements, pay and unionisation
Also in today’s newsletter, US Navy Seal team trains to help Taiwan, and the companies backing OpenAI’s latest fundraising
Brent has fallen below $70 for first time in 3 years, delaying Opec plans for production increases
Plus Apple’s buybacks
Libertarian leader says spending jump will ruin his fiscal balance drive
Data sets stage for Federal Reserve to cut interest rates at its meeting next week
Move in retaliation over sanctions could affect western nuclear reactors, many of which rely on Russian supplies
American inflation is down. Employment might be next
Bond price tumbles as investors fret archipelago nation will miss October payment
Also in today’s newsletter, inside the campaign to dilute the Fed’s new capital rules, and the booming male grooming market
Beijing has stepped up lobbying ahead of Brussels vote in escalating trade war
Emerging markets also using levies to force China to build manufacturing plants within their borders
The central bank needs to maintain a moderately restrictive stance on monetary policy to make further progress on inflation
Evaluating Powell’s management of monetary policy
EU chamber of commerce warns Chinese market barriers and slow growth are prompting businesses to look elsewhere
None predicted just how fast China’s own industry would develop in the age of EVs
Also in today’s newsletter, Trump’s tariff threats and how Sudan’s civil war became a global battleground
The principal failure of these countries lies not in accumulating too little capital, but in using it poorly
Tariffs, deportation and fiscal incontinence would challenge the central bank, while its independence could be under threat
Estimates underline scale of challenge facing Beijing as it seeks to reboot economy
Washington delegation hopes to encourage reforms that will restore economic growth
Nationalist trade policy is rooted in misdiagnosis. There is a more obvious problem
