From higher tariffs to lower taxes, will Donald Trump’s economic plan pay off?

There is a strong chance of the president-elect’s radical strategy going wrong, with a high risk of rising prices, inflation and interest ratesBusiness live – latest updates

Climate breakdown will hit global growth by a third, say central banks

New modelling finds risk to global economies much worse than previously thought, but group of central banks says even this may be an underestimate

Finally BT has a plan: rein in foreign adventures and concentrate on UK

Timing of chief executive Allison Kirkby is good after ‘weaker non-UK trading’ blamed for soft revenue forecast

More tariffs, less red tape: what Trump will mean for key global industries

Returning US president has promised protectionist trade measures, relaxed regulation and cheaper energy for consumers

Post-Brexit border scheme to simplify trade put on pause again

Single Trade Window designed to reduce friction on imports and exports will be halted until at least 2026 amid cost fears

US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement

Commitment by Mogadishu’s largest single lender is latest in series of deals to forgive ‘unsustainable’ $4.5bn debt

German carmakers’ shares slump on fear Trump will impose steep tariffs

Move would create yet another challenge for European carmakers already struggling with falling sales and profits

Trump tariffs would halve UK growth and push up prices, says thinktank

NIESR warns British economy would be one of the worst affected by protectionist policies

Inflation pain helped secure Trump win but his policies mean higher prices

Markets expect his policy package to harm trade and growth but reduce business taxes

Trump or Harris? Whoever wins will face a shift in power in the global economy

West’s dominance is being challenged, with Brics summit showing emerging markets are unwilling to bow to pressure

Petrol and food prices will fall thanks to oil glut, says World Bank

Downward trend in oil price from higher production, falling demand in China and clean energy to continue

IMF warns Trump trade tariffs could dent global economy as it upgrades UK outlook

New report upgrades outlook for UK economy with growth now forecast at 1.1% rather than 0.7%

While the IMF is upbeat about global growth it knows where dangers lurk

Optimistic forecasts could be upset by high borrowing costs, war in the Middle East – or a Trump election win

Debt will overshadow IMF gathering as World Bank boss pleads for poorest countries

In Washington, finance ministers will face pressure for action to reduce their own debt and offer more resources to poorer nations

Degrowth needs to solve its image problem for the sake of the planet

We need to deal with the climate effects of global capitalism the way we deal with inflation – by applying the brakes