Chancellor: Heed the threats to globalization

February 9, 2016

As the woes of emerging markets increase, 1930s-style protectionism and exchange controls are back on the agenda. A warning from the Bank for International Settlements of an “epoch-defining seismic rupture” in the financial system may be more than just hyperbole.

Investors fussing too much over Greek election

June 15, 2012

The financial world is in suspense because the vote in the euro zone’s most difficult member might trigger a disastrous chain reaction. A more cheerful result - muddling on, or even a breakthrough - is more likely. But either way, the world economy will remain troubled for years.