LONDON Exactly five years ago, three words in unscripted remarks by European Central Bank president Mario Draghi altered the course of the euro zone and financial markets around the world.
The City of London, with New York one of the two greatest financial centers of the world, is under a greater threat to its primacy than at any time in its 20th and 21st-century history. How it manages that threat will be central not just to the British economy, but also to the island’s constitutional and social well being.
This month’s G20 meeting in Hamburg showed Western countries still struggling for a strategy to stop suspected Russian meddling in their politics and hacking their elections. Behind the scenes, however, the U.S. and European militaries have been more effective in adapting to the actions of President Vladimir Putin and Moscow’s aggressive new military doctrine.
Speaking to the National Governors Association in Providence, Rhode Island, on Friday, Canadian Prime Minister Justin Trudeau delivered an implicit rebuke to U.S. President Donald Trump’s economic ideas. "Free trade has worked," Trudeau said. "It's working now." This was just the latest instance of Trudeau’s deft handling of relations with the United States and its prickly president. Subtly criticizing President Trump’s policies, while speaking respectfully of Trump personally, Trudeau has succe
It isn’t easy being a Republican member of Congress in the age of Donald Trump. Every time he tweets something dumb or offensive Republicans are asked to justify it. Scandal is swirling around the White House. Despite the GOP’s dreams of a conservative remake of the laws of the land, not a single significant piece of legislation has made it through Congress.
LONDON For all the talk of secular stagnation, lasting scars from the global financial crisis and investors paralysed by fears over another imminent crash, there's precious little evidence of any of it in financial markets right now.
LONDON When the Federal Reserve begins reducing its holdings of U.S. Treasuries as expected later this year, some of the most consistent buyers of U.S. bonds over the last 15 years may be less than willing to fill the breach.
Whatever else can be said about the Republican Senate health care bill, it cannot be accused of pandering. The Better Care Reconciliation Act (BCRA) - which Senate Majority Leader Mitch McConnell (R-Ky) hopes to bring to a vote next week - is astonishingly unpopular, often getting less than 20 percent support in polls.
The views expressed by the authors in the Commentary section are not those of Reuters News.
The bank that steered clear of the financial crisis breaks down after creating 2 mln fake accounts. New evidence undermines Donald Trump's claims few benefit from the U.S. economic recovery. And why Hanjin's corporate capsize may prompt attempts to fix to shipping-industry woes.