On Monday 20 January, Donald Trump will complete a remarkable comeback when he inaugurated as President of the United States for the second time. But the world economy needs to brace for another outbreak of ‘Trumponomics’ or, as the man himself puts it, ‘MAGAnomics’. So far, investors in US equities have responded positively. In part, … Continue reading Trump’s ‘MAGAnomics’ adds to the downside risks to the UK economy in 2025
Category: Geopolitics
Red Sea crisis is unlikely to blow inflation off course
The disruption to shipping through the Red Sea – and the possibility of a further escalation of the Middle East crisis – are serious threats to the global economy. Nonetheless, the wider fallout should be limited. UK inflation might sink a little more slowly than it would otherwise have done, but it should continue to … Continue reading Red Sea crisis is unlikely to blow inflation off course
Are sanctions on Russia failing?
Sanctions are the West's key weapon in the fight against Putin, but there are signs that Russia’s economy and financial system is weathering the storm better than expected. The rouble has already bounced back and Russia has been able to continue to service its debts, with only minor hiccups. A closer look however reveals that … Continue reading Are sanctions on Russia failing?
Plain-speaking Economics 