Liz Truss fails to calm markets despite sacking Kwasi Kwarteng

Sterling fell, FTSE 100 lost its gains and bond yields rose after PM’s press conference failed to announce new direction

‘Time may be running out’: global debt crisis reaches critical point

Eclipsed by rich countries’ own problems, a crunch a decade in the making is coming to a head

BoE’s move to end bond buying is a big gamble given the magnitude of the bind Britain is in

Business secretary claims impartiality rules breached by suggestion market turmoil is linked to mini-budget

Transform Trade charity says British-based companies are among main bringers of cases based on bilateral investment treaties

Janet Yellen’s comments come as figures show business activity declining across most UK regions

The chancellor is bound for Washington for talks with the organisation that blasted his mini-budget

Kristalina Georgieva points to ‘fundamental shift’, with fragile global ties and more frequent natural disasters

Billions needed for water and soil conservation to boost resilience in small farms, says new head of UN’s agricultural financing arm

A group of 50 NGOs found that bank and subsidiaries had funded oil refinery and gas processing

Cartel curbs production by 2m barrels a day despite strong US pressure, further squeezing supplies

IMF says taking swift action to achieve 25% cut in greenhouse gases by end of decade will cost less than failing to act

Kyiv economy will contract by 35% in 2022, compared with a 4.5% fall in Russian GDP

Report says policies of high interest rates and austerity risk triggering global recession that will hit developing nations hardest

Campaigners say low-income countries urgently need debt relief on foreign borrowings as their interest rates soar