British shoppers won’t have seen any difference to the value of their pounds yet, but everything from baked beans to bargain holidays could be affected down the line.
The greenback has taken a pounding in 2020, but it’s about to make a comeback.
The spread of COVID-19 highlights Europe’s political and economic weaknesses and suggests that the institution may be entering a deep crisis.
Most countries manipulate their currencies – at least a little – but at the moment that’s not the real reason they are undervalued relative to the dollar.
While the euro’s survival for two decades is evidence of its success, it was born with fundamental problems that have weakened it, leading to near-constant crisis.
Financial markets are increasingly worried the US economy is heading for a crash. An economist explains what’s got investors spooked.
The strict nature, implementation and dramatic social costs of the EU bailouts prompt questions about their effectiveness.
The new coalition’s spending plans will ramp up Italy’s annual budget by over €100 billion a year.
An economist answers four important questions on what’s behind the political turmoil in Italy and what’s at stake for Europe and the world.
Europe is experiencing a wave of optimism that its seven-year Greek drama may be finally coming to a close. Only one way to do that: Share Greece’s pain.
If the UK fails to maintain its global outlook, it could lose business to a globalist France.
Centrist candidate Emmanuel Macron’s plan to reform the eurozone if elected is easier made than implemented.
The “no” result from Italy’s referendum is likely to brew political and economic uncertainty for some time yet.
Even if Italy votes for changes that will make it easier for the government to pass economic reforms, the country’s economy will still be in trouble.
The European Union faces a crisis of legitimacy, and its rules on fiscal governance are at the heart of it.
Football, cricket, athletics, rugby – whatever the sport, the tears are never far away, for both the stars and the spectators.
Sure, it’s got a flag and some bank notes – but the EU will need to do better if it’s to compete with its members’ strong, national design heritage.
How research led one academic to change his mind after standing against the euro and other elements of EU integration.
There is good reason to fear Brexit, but voting to stay in the EU is also a chance to restore the vision of the founding fathers.
But always gamble responsibly...