Finance & economics
Worst-keg scenario
Could war in the Gulf push oil to $100 a barrel?
Missiles are flying over a region that supplies a third of the world’s crude
Keeping up with the neighbours
How bond investors soured on France
They now regard the euro zone’s second-largest economy as riskier than Spain
Buttonwood
Can Andrea Orcel, Europe’s star banker, create a super-bank?
An interview with the boss of UniCredit
Free exchange
Why economic warfare nearly always misses its target
There is no such thing as a strategic commodity
Unaccountable accounts
A tonne of public debt is never made public
New research suggests governments routinely hide their borrowing
Good-vibes rally
Xi Jinping’s belated stimulus has reset the mood in Chinese markets
But can the buying frenzy last?
Block party
The house-price supercycle is just getting going
Why property prices could keep rising for years
Economic decoupling
Why is Canada’s economy falling behind America’s?
The country was slightly richer than Montana in 2019. Now it is just poorer than Alabama
Did someone say bazooka?
At last, China pulls the trigger on a bold stimulus package
“Buy everything,” says an American hedge fund
Free exchange
Why the Federal Reserve is split on the future of interest rates
Jerome Powell began with a big cut. What comes next?
Buttonwood
A Wall Street state of mind has captured America
Downtown New York is quieter than ever. Finance has never been louder
Fuel to the fire
Is the world sleepwalking into another gas crisis?
Prices could once again spike this winter