UK to be second weakest performer of world’s big economies next year – OECD Most countries’ forecasts cut as Ukraine war prompts ‘largest energy crisis since the 1970s’
G20’s dysfunctional family show little sign of working together in a crisis Communique unlikely to stretch beyond usual platitudes despite the need for a global plan for recovery
TechScape: Inside the $8bn FTX crypto scandal – and its real-world impact Sam Bankman-Fried was what everyone wanted a crypto billionaire to be – until things began to go very, very wrong
Global corporations ‘cheating public out of billions in tax’, say campaigners Tax Justice Network says countries lose $89bn a year by allowing anonymity over use of tax havens
Climate-focused reform of World Bank could be done in a year, says Al Gore Former US vice-president says bank should refocus its spending and end its role in ‘fossil fuel colonialism’
Herman Daly obituary Pioneering ecological economist who foresaw the catastrophic effects of unlimited economic growth
Cryptocurrency exchange FTX files for bankruptcy protection in US Founder Sam Bankman-Fried resigns as CEO and tells of shock ‘to see things unravel the way they did’
UK sanctions now cover £18bn of Russian-owned assets Government says measures brought in since invasion of Ukraine are ‘crippling war machine’
Global inflation may be close to its peak, IMF director says Kristalina Georgieva cautions that supply chain disruption could cause persistent pressure in living costs
I predicted the 2008 crash – these are the global ‘megathreats’ I can see now Life as we know it is under threat, as short-term-thinking politicians ignore the signs that point to a dystopian future, says Nouriel Roubini
UK adds two Roman Abramovich ‘business associates’ to Russia sanctions list Oligarchs Alexander Abramov and Alexander Frolov among four steel and petrochemical tycoons put on list
Ukraine ships out record tonnage of grain despite Russia spurning scheme Large convoy of vessels sets sail from Odesa as Moscow warns doing so without its approval is ‘risky’
World jobs boom halted by Ukraine war and recession risk, says ILO UN body says economic and political crises threaten rise in jobs and hours worked after Covid pandemic
Twitter deal may signal point when the ‘everything bubble’ bursts China’s property meltdown, the unwinding of QE and the tech stock plunge all show a fragile global financial ecosystem under stress
Satellite pictures shine light on the nations that inflate their GDP Authoritarian regimes can be seen to be manipulating their economic growth rates to a greater extent than democracies