World

Regularly updated news on the global economy and politics from our team and Bloomberg and The Economist.
India has a caste system – for toff drivers and 'rich brats'
The Wall Street Journal

India has a caste system – for toff drivers and 'rich brats'

Lawyers, journos, bureaucrats act like they're entitled to special treatment.

Sore spot in LA’s housing crisis: vacant foreign-owned homes
Property

Sore spot in LA’s housing crisis: vacant foreign-owned homes

Spotlight on Chinese and other buyers over hundreds of thousands of empty dwellings.

Trump orders federal agencies to study reciprocal tariffs
The Wall Street Journal

Trump orders federal agencies to study reciprocal tariffs

The president’s memo asks agencies for details on how to adjust US tariffs.

Trump reciprocal tariff vow breaks global trading norms
The Wall Street Journal

Trump reciprocal tariff vow breaks global trading norms

White House plan could also take into account non-tariff trade barriers.