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The Latest Breaking News from Neil Shearing

Dysfunction and division darken the WTO’s 30-year dream of free trade

As the organisation’s anniversary nears, borders around the world are closing again

The Guardian - UK

BRICS just invited 6 nations including Saudi Arabia and Iran to join—here's why it increases the prospect of dollar replacement

The idea of creating a BRICS common currency to rival the dollar has long been on the agenda of the emerging-market nations in the bloc.

Fortune

Food prices are squeezing Europe. Now Italians are calling for a pasta protest

High food prices are pinching households across Europe, where food inflation is outpacing other major economies like the U.S., Japan and Canada

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

UK's Truss expected to freeze energy bills

London (AFP) - New British Prime Minister Liz Truss was on Thursday expected to unveil a costly plan to freeze domestic fuel bills to help ease the burden of a soaring cost-of-living crisis.

AFP

Time to Worry That Real Estate Will Crash Like it Did in 2008?

Rising interest rates are cutting into the housing market, forcing experts to consider an unpleasant possibility.

The Street

UK has already hit ‘stage three’ of a property downturn

The PM is still extolling benefits of 95% mortgages turning generation rent to generation buy

Evening Standard

Can China preserve both its economy and its zero-tolerance COVID-19 policy?

TAIPEI, Taiwan — China's zero-COVID strategy is starting to derail another major item on the government's agenda: economic stability.

Los Angeles Times

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