Also in today’s newsletter, a $2.65bn luxury department store deal and Goldman lobbies to change Fed’s stress test result
There is still too much we do not know about what happened and why
William Ruto is latest president of developing country caught between multilateral lenders and angry population
Inland border facility beset by delays and communication issues as it struggles to implement post-Brexit regime
ECB policymakers view French elections as sign of a broader shift in a more populist, protectionist and turbulent direction
Minutes of June meeting showed some officials were concerned about effect of high rates on job market
Also in this newsletter: French horse-trading, Biden under pressure, inflation slows across Europe
Protests in Nairobi last week show the limited options for countries avoiding default
Blocking of MAN Energy’s proposed deal reflects Berlin’s more security-conscious relations with Beijing
Also in today’s newsletter, hurricane hurtles towards Jamaica and Chinese expats in US asked to spread propaganda
The development economist says local governments should be given the budget and legal power to rebuild distressed communities
Consumer prices increase 71.6% in June in sign that Ankara’s pivot away from unconventional monetary policy is working
Also in this newsletter: why von der Leyen is glued to her phone at the moment
Electoral upheaval and flagging growth are putting spotlight on debt vulnerability
European Commission plans to scrap €150 threshold below which goods are exempt from customs duties
Shifting weather patterns are reducing crop yields and squeezing supplies, creating what could become a permanent source of inflation
Fed chief warns against running at high levels while output in world’s largest economy is strong
Investor returns imply that the welfare of future human beings is close to irrelevant
The BIS says ‘smart’ but the evidence is patchy
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
Also in today’s newsletter, Boeing’s ultimatum and Panama’s pledge on illegal immigration
That’s your bloody GDP. Not ours
Lower rises in energy and fresh food costs are offset by persistently high services prices
Red Sea attacks push up costs and put pressure on profits during critical season for trade
British Retail Consortium says next prime minister will benefit from supermarkets’ effort to keep costs down
UK Edition