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Don’t count on monetary policy to make housing affordable

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WHY IS HOUSING so expensive? Explanations have tended to fall into two camps. One emphasises a gummed-up supply side: a range of restrictions...

Why Brazil’s currency is plunging

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THE BRAZILIAN real holds an ignominious title this year: it is the worst-performing major currency, down by more than 20% to a record...

The search for the world’s most efficient charities

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GIVING IS BIG business. In 2023 Americans alone handed $557bn to charities, according to the Giving USA annual report. So identifying which charities...

Conflict is remaking the Middle East’s economic order

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Iran is boxed in as Saudi Arabia, the UAE and Turkey look to capitalise

Ukraine is winning the economic war against Russia

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EVERY BUSINESS in Ukraine has a reference point. For Mykhailo Travetsky, a farmer in Pryluky, it was the first six weeks of the...

How much oil can Trump pump?

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Donald Trump, a man not renowned for the length of his attention span, likes simple formulas. Scott Bessent, his nominee to be treasury...

Standing ovation as long awaited finance deal agreed

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There was a standing ovation as a new finance deal was approved at the COP29 summit in Baku, Azerbaijan.The new deal offers $300bn...
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