Finance & economics | The Great Convergence
The changing face of global trade
A new book emphasises the importance of global value chains, which make old development policies and tariff walls look out of date
What sparks an investing revolution?
Ideas that emerged from the University of Chicago in the 1960s changed the world. But as a new film shows, they almost didn’t
Will America’s stockmarket convulsions spread?
Investors are hurrying to find alternatives—but all face difficulties of their own
How Trump provoked a stockmarket sell-off
Will the president win back investors? Does he even want to?
Does Trump really want a weaker dollar?
Overturning three decades of American policy will not be painless
Investors think the Russia-Ukraine war will end soon
The prospect of peace is reshaping markets, in ways both ominous and promising
Donald Trump’s tariffs are a throwback to the 1930s
“Economic nationalism”, our predecessors wrote, “is almost an American invention”