World
Regularly updated news on the global economy and politics from our team and Bloomberg and The Economist.
World
Australia extends rate pause to second month, currency drops
The decision highlights the RBA’s more cautious approach to policy than the US Fed.
World
Stocks are doing so well that it may be time to start worrying
There are reasons to be worried.
World
US growth accelerates to 2.4% on resilient consumers, companies
The US economy is in better shape than economists had expected it would be.
World
Rich Russians isolated from the West are flocking to Thailand’s Phuket
Russian businessman Alexander Nakhapetov has been a regular at the “banyas” in his adopted home of Phuket ever since several of the traditional steam baths opened last year.Lately, though, the 41-year-old’s routine has been disrupted by an influx of his countrymen to Thailand’s b...
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